Nera Telecommunications Ltd, a technology solutions provider listed on the Mainboard, has announced a return to profitability with a net profit of $0.5m for the first half of 2026, reversing a $1.8m loss from the same period last year. The company also reported an EBITDA of $2.4m, a significant improvement from a negative $0.4m in the first half of 2025.
The company’s order intake surged by 40.9% year-on-year, reaching $56.8m, whilst its order backlog expanded to $116.1m, ensuring revenue visibility into the second half of 2026 and beyond. Cash generated from operations increased to $17.7m, up from $5.6 m in the previous year, bolstering NeraTel’s balance sheet with $23.4m in cash and equivalents.
Executive Chairman Steve Chu attributed the positive results to operational improvements and financial discipline. “Our first half results reflect the progress we have made in strengthening the business over the past year,” he stated. Chu highlighted the collaboration with Ennoconn, which is expected to accelerate the rollout of innovative products and services.
NeraTel’s revenue rose slightly to $45.2m, driven by stronger contributions from Singapore, despite a decline in revenue from Indonesia. The company aims to leverage its partnership with Ennoconn to enhance its technology capabilities and market position, focusing on connectivity, cybersecurity, and AIoT services.
Looking ahead, NeraTel plans to deepen customer engagement and expand its ecosystem of strategic partners, aiming to capture opportunities in digitalisation and managed technology services.
