EnSilica PLC
LSE:ENSI
EnSilica PLC
EnSilica Plc operates as a designer and supplier of mixed signal application specific integrated circuits and semiconductor chips. The company is headquartered in Abingdon, Oxfordshire and currently employs 96 full-time employees. The company went IPO on 2022-05-24. The firm specializing in fabless semiconductor design focused on the supply of complex mixed signal application specific integrated circuits (ASIC’s) for original equipment manufacturers (OEMs) and system houses, and integrated circuit (IC) design services. The firm has capabilities in designing and supplying custom radio frequency (RF), mmWave, mixed signal and digital ICs to its international customers in the automotive, industrial, healthcare and communications markets. The firm also offers a broad portfolio of core Internet protocol (IP) covering cryptography, Radar, and communications systems. Its design services include system design, design and verification, physical and design-for-test (DFT), analog, FPGA design, software, PCB design, and silicon validation. The firm serves markets, such as RF and communications, automotive, industrial, and healthcare and wearables.
EnSilica Plc operates as a designer and supplier of mixed signal application specific integrated circuits and semiconductor chips. The company is headquartered in Abingdon, Oxfordshire and currently employs 96 full-time employees. The company went IPO on 2022-05-24. The firm specializing in fabless semiconductor design focused on the supply of complex mixed signal application specific integrated circuits (ASIC’s) for original equipment manufacturers (OEMs) and system houses, and integrated circuit (IC) design services. The firm has capabilities in designing and supplying custom radio frequency (RF), mmWave, mixed signal and digital ICs to its international customers in the automotive, industrial, healthcare and communications markets. The firm also offers a broad portfolio of core Internet protocol (IP) covering cryptography, Radar, and communications systems. Its design services include system design, design and verification, physical and design-for-test (DFT), analog, FPGA design, software, PCB design, and silicon validation. The firm serves markets, such as RF and communications, automotive, industrial, and healthcare and wearables.
Record Revenue: EnSilica posted its highest-ever first half revenue of £12.7 million, up 37% year-on-year, driven by strong chip supply and NRE growth.
EBITDA Surge: EBITDA reached £1.7 million, an increase of £1.9 million compared to the prior year, with further EBITDA growth expected in the second half.
Strong Outlook: Management reaffirmed full-year revenue guidance of £28–30 million and EBITDA guidance of £3.5–4.5 million, with 95% of revenues already contracted.
Space Sector Momentum: The business is seeing significant growth and contract wins in the space sector, including a recent Siemens chip tape-out and expanded pipeline with satellite operators.
Cash Position Stable: Cash remained stable at £2 million, with expectations to become cash flow positive on an operational basis toward the end of 2026.
Pipeline & Opportunities: The company has £250 million in lifetime supply revenues under contract and a pipeline of £400 million in sales opportunities, targeting 3–4 new contracts per year.
Security & AI Developments: Significant investment and contracts in post-quantum cryptography and Edge AI projects, with key tape-outs on track for the second half.
