Weebit Nano (WBT) investor relations material

Executive summary

• Achieved record revenue of $15.3 million for FY26, a 246% increase year-over-year, driven by IP licensing and NRE payments, notably with Texas Instruments and onsemi.

• Secured major technology milestones: technology qualification at DB HiTek, functional test chips at onsemi, and expanded licensing agreements with key customers.

• Raised approximately $102 million, strengthening the balance sheet to support R&D and commercialisation.

• Loss after tax increased to $54.9 million, reflecting higher R&D and commercial investments.

• No dividends declared or paid for the year.

Financial highlights

• Revenue: $15.3 million (FY25: $4.4 million), up 246% year-over-year.

• Net loss: $54.9 million (FY25: $38.4 million), due to increased R&D and commercial expansion.

• Cash and cash equivalents: $168.3 million at 30 June 2026 (FY25: $88.3 million).

• Net working capital surplus: $151 million (FY25: $88.7 million).

• Net tangible asset backing per security: 63.95 cents (FY25: 43.04 cents).

Outlook and guidance

• Guidance for 1H FY27 revenue of at least $7.1 million (1H FY26: $5.6 million).

• Focus on advancing customer programs, securing new agreements, and scaling ReRAM to smaller nodes.

• Anticipates first mass production and royalty revenues from commercial products with ReRAM in CY27.