Electro Optic Systems Posts 284% H1 Revenue Jump; Serviceware Sees 13% Growth
Electro Optic Systems Holdings Ltd. reported provisional first‑half 2026 results showing revenue up 284% year‑on‑year to about AU$169 million, surpassing forecasts. Management raised its revenue guidance for the full year to AU$280‑300 million, citing accelerated deliveries to Middle‑East customers amid the Iran conflict. The company achieved a positive operating result despite ongoing supply‑chain constraints and a strong order backlog.
Serviceware SE disclosed H1 2026 figures with revenue increasing 13% year‑on‑year, beating expectations by 2.6%. Growth was driven by rising demand for its AI‑native SaaS platform, new customer wins, higher license revenues and international expansion. EBIT margin improved to 0.3% and the firm raised its target price to €34 while maintaining a buy recommendation.
Entities
AI-native SaaS platform · Electro Optic Systems Holdings Ltd. · Iran · Middle East · Serviceware SE