Australia's Etherstack climbs to near 5-year high on record annual revenue forecast

Etherstack

10/11/2025 23:39

** Shares of Etherstack ESK.AX rise as much as 9.3% to A$0.82, their highest level since December 7, 2020

** The tech company's stock on track for a third consecutive day of gains, if current trend holds

** Co expects record FY25 revenue between $9.6 million and $10.1 million, and projects FY26 revenue between $16.2 and $17.5 million

** More than 425,000 shares change hands, about 2.5x their 30-day average

** Stock up ~261% this year, including the day's move

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))