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Ethernity Networks Ltd.
(LSE:ENET)
Select Model
Select Model
Rating:41Neutral
Price Target:
0.01 p
▲(10.00% Upside)
Action:Reiterated
Date:08/25/26
The score is held down primarily by stressed financial performance (shrinking revenue, persistent losses and cash burn, and negative equity in 2025), which signals elevated solvency and funding risk. Corporate events add further caution due to the funding shortfall and reliance on uncertain patent monetisation, while valuation is limited by loss-making status and technicals are neutral due to missing indicators.
Positive Factors
Programmable networking IP
A focused portfolio of programmable networking technology can address multiple carrier, enterprise and embedded applications without being tied to one equipment category. Reusable hardware and software IP may support continued design relevance as networking systems require more flexible processing.
Negative Factors
Revenue contraction
The recent reversal from earlier growth indicates weakening commercial momentum and makes it harder to spread fixed development and operating costs across a growing revenue base. Continued contraction would reduce resources available for product investment and make a sustainable return to profitability more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Programmable networking IP
A focused portfolio of programmable networking technology can address multiple carrier, enterprise and embedded applications without being tied to one equipment category. Reusable hardware and software IP may support continued design relevance as networking systems require more flexible processing.
Read all positive factors
Ethernity Networks Ltd. (ENET) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£767.63K
Dividend YieldN/A
Average Volume (3M)122.62M
Price to Earnings (P/E)―
Beta (1Y)-2.04
Revenue Growth-40.26%
EPS Growth86.36%
CountryUK
Employees847
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding26,470,186,000
10 Day Avg. Volume122,620,521
30 Day Avg. Volume122,620,521
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.18
Price to Sales (P/S)0.26
P/FCF Ratio-0.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ethernity Networks Ltd. Business Overview & Revenue Model
Company Description
Ethernity Networks Ltd., a technology solutions provider, develops and delivers data processing technology and solutions for applications in telecommunications, mobile, security, and data center markets in Israel and the United States. It offers E...
How the Company Makes Money
ENET primarily generates revenue by licensing and selling its network-processing intellectual property (IP) and related software to equipment makers and system designers that incorporate ENET’s technology into their own products (e.g., networking/...
Ethernity Networks Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
14
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Dec 2023 | Jun 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.07M | 1.38M | 3.78M | 2.94M | 2.64M |
| Gross Profit | -623.36K | 1.27M | 2.34M | 1.60M | 1.94M |
| EBITDA | -2.25M | -4.11M | -4.67M | -6.33M | -7.89M |
| Net Income | -5.85M | -5.83M | -6.36M | -8.00M | -9.36M |
Balance Sheet | |||||
| Total Assets | 2.24M | 5.88M | 9.68M | 12.26M | 19.41M |
| Cash, Cash Equivalents and Short-Term Investments | 31.83K | 50.71K | 1.99M | 715.82K | 7.06M |
| Total Debt | 437.54K | 759.55K | 1.20M | 3.14M | 3.66M |
| Total Liabilities | 3.73M | 3.14M | 3.76M | 6.68M | 6.46M |
| Stockholders Equity | -1.54M | 2.74M | 5.92M | 5.58M | 12.96M |
Cash Flow | |||||
| Free Cash Flow | -1.15M | -3.26M | -1.64M | -7.83M | -5.58M |
| Operating Cash Flow | -1.15M | -3.16M | -1.50M | -7.57M | -5.39M |
| Investing Cash Flow | 0.00 | -101.28K | -148.11K | -258.84K | -222.81K |
| Financing Cash Flow | 1.11M | 1.33M | 2.92M | 1.87M | 10.52M |
Ethernity Networks Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | £212.74M | 15.65 | 22.77% | 2.24% | 0.72% | -3.71% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | £111.22M | 33.77 | 6.17% | 2.65% | -9.87% | -22.86% | |
59 Neutral | £254.23M | 56.33 | 4.85% | 2.75% | ― | ― | |
57 Neutral | £8.01M | 13.78 | 4.98% | ― | 6.07% | ― | |
50 Neutral | £8.71M | 3.60 | 31.47% | ― | 24.57% | ― | |
41 Neutral | £767.63K | -0.05 | 276.72% | ― | -40.26% | 86.36% |
* Technology Sector Average
GB:ENET
Ethernity Networks Ltd.
0.01
0.00
0.00%
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Ethernity Networks Ltd. Corporate Events
Business Operations and StrategyFinancial Disclosures
Ethernity Narrows Losses as It Shifts Toward IP Licensing and High-Margin Revenue
Neutral
Sep 28, 2026
Ethernity Networks reported first-half 2026 revenue of $0.42 million, down 30.4% year-on-year, all at a 100% gross margin and largely driven by a $1.71 million contract with a tier 1 U.S. aerospace customer that was fully delivered by April. Despi...
Business Operations and StrategyFinancial Disclosures
Ethernity Networks Pursues Patent Licensing to Shore Up Finances
Negative
Aug 13, 2026
Ethernity Networks has engaged an intellectual property monetisation brokerage to explore licensing opportunities for selected patents in its portfolio, focusing on technologies used in AI infrastructure and telecommunications equipment. Early fee...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.