Enablence Technologies Inc Stock Price, News & Analysis

Enablence (TSXV: ENAFF) entered an amending agreement effective October 6, 2025, increasing the principal available under a secured term loan from C$20.0 million to C$25.0 million. The loan retains a 14% per annum interest rate and a maturity date of March 31, 2027. Proceeds are designated for working capital to support capacity expansion, equipment onboarding and product development. No securities will be issued in connection with the amendment. The amendment is a related‑party transaction because Pinnacle Island II LP collectively owns more than 10% of common shares, and the amendment remains subject to final TSX Venture Exchange approval.

Enablence Technologies (ENAFF) reported Q3 FY2025 financial results showing significant revenue growth despite macro-economic challenges. Revenue reached $1,248, up 203% from $412 in Q3 FY2024, while nine-month revenue grew 294% to $2,869. The company's gross margin percentage improved with increased capacity, though reporting a margin of $(782). Net loss widened to $3,023, up 46% YoY, due to investments in Sales, Marketing, and R&D. Cash position strengthened to $3,422, supported by $4,528 in new funding. Management maintains FY2025 revenue guidance of $6M ±$0.5M and expects to achieve positive gross margins in calendar year 2025. The company reports strong order book growth in datacom, AI, and LiDAR applications.

Enablence Technologies (TSXV: ENA) has completed a comprehensive $51 million recapitalization transaction to strengthen its financial position and accelerate growth. The transaction includes:

- A $29.8 million private placement of convertible debentures with 9.5% annual interest, maturing in 2029
- A $20 million term loan from Pinnacle Island II LP with 14% annual interest
- Amendments to existing loans and debt settlements
- Issuance of warrants and shares for debt settlements

The recapitalization coincides with increasing customer demand, enabling investments in manufacturing capacity, infrastructure, and product development across optical communications, sensing, and computing markets. The transaction received necessary approvals under MI 61-101 through financial hardship exemptions and remains subject to final Exchange approval.

Enablence Technologies (TSXV: ENA) has announced a partnership with LightIC to supply PLC optics chips for Frequency-Modulated Continuous-Wave (FMCW) LiDAR sensor products. The collaboration aims to serve automotive, robotics, and industrial automation markets.

LightIC's FMCW LiDAR technology offers superior capabilities compared to traditional time-of-flight (ToF) LiDAR, including direct velocity measurement through the Doppler effect, better interference immunity, and extended range. The technology continuously emits frequency-modulated laser beams to measure distance and velocity with high precision.

The global FMCW LiDAR market is projected to exceed $15 Billion by 2033, with a CAGR of over 20%. The partnership combines Enablence's PLC optics technology with LightIC's silicon photonics integration to create a superior FMCW LiDAR platform for applications requiring precise navigation and obstacle detection.

Enablence Technologies (TSXV: ENA) reported strong Q2 2025 financial results with significant revenue growth. Revenue reached $1,380 for Q2, up 306% from $340 in the same period last year. Six-month revenue totaled $2,600, a 360% increase year-over-year.

The company's gross margin improved by $61 to $(473), while net loss increased slightly to $4,036. Cash position strengthened to $3,387 million, up from $614 in June 2024, supported by $6,811 in new investor funding.

Manufacturing capacity constraints impacted product delivery, with infrastructure improvements expected in Q4. The company secured a key partnership with a photonics semiconductor customer for AI datacenter infrastructure, with results expected in H1FY26. Management maintains a revenue target of $6M ±$0.5M for FY2025 and expects positive gross margins.

Enablence Technologies (TSXV: ENA) reported significant growth in Q1 FY2025, with revenue reaching $1,218, a 441% increase from $225 in the prior year. Product revenue surged 1492% to $971, with AsiaPac sales representing 79% of total revenues at $959. Despite growth, the company recorded a net loss of $3,913. The company raised its FY2025 revenue guidance by 10% to $5.5-6M, targeting 375% year-over-year growth. Management plans to expand wafer production capacity from 100 to 700 wafers per week in FY2025 and expects to achieve positive gross margins this fiscal year.

Enablence Technologies (TSXV: ENA) reported financial results for FY2024, showing revenue of $1,601K, down 18% from $1,961K in FY2023. The company saw increased NRE revenue of $578K and Americas sales growth to $655K. Net loss widened to $14,108K from $8,605K due to manufacturing investments. The company secured $6,611K in new funding. For FY2025, management projects revenue of $5.5M ±0.5M, representing 300% YoY growth, with expected gross margin positivity in Q3. Manufacturing capacity is planned to increase from 100 to 700 wafer starts per week to meet AI-driven demand.

Enablence Technologies Inc. (TSXV: ENA) has secured a C$5.975 million subordinated secured non-revolving term loan from Pinnacle Island II LP. The loan bears a 12% annual interest rate with a maturity date of July 31, 2025. Additionally, the company amended its existing loan with Pinnacle Island LP, increasing it by C$410,000 to a total of C$9.435 million.

CEO Todd Haugen stated that this financing will provide added capacity and flexibility for the company's strategic growth plan, focusing on PLC-based advanced vision and AI products. The funds will also accelerate the commercialization of new optical devices for datacom and telecom businesses.

The company also entered into agreements with Vortex ENA LP to allow for additional indebtedness and amended the intercreditor agreement among the secured lenders. These transactions are considered related party transactions under MI 61-101, but the company is relying on exemptions from formal valuation and minority shareholder approval requirements.

Enablence Technologies Inc. (TSXV: ENA), a leader in optical chips and subsystems for various applications, has announced its Q3 2024 financial results. For the quarter ending March 31, 2024, revenue dropped by 16% to $412K from $492K in the same period last year due to market cyclicality. NRE revenues fell by 34% to $142K. The gross margin decreased by $292K to -$610K, primarily due to higher material and labor costs. However, the net loss improved slightly to $2.52M from $2.85M in Q3 2023, attributed to reduced operating expenses. Strategic product lines, particularly in advanced vision and AI, showed rapid growth, accounting for over 34% of sales. Enablence expects revenue growth from investments in new tooling and processes to be reflected in Q4FY24 and beyond.