Sprintex (ASX:SIX) Soars 46% on A$27M Contract

Sprintex’s A$27M Contract Moves It from Concept to Commercial Execution

Sprintex (ASX:SIX) surged 46% today after announcing it had secured approximately A$27 million in contracted orders, a development that meaningfully changes the investment narrative. The agreement with MW Techniek covers 500 ZLD UP compressor systems and 500 integrated PLC control systems, with deliveries scheduled over a 17 month period from March 2026 through to July 2027.

This contract moves Sprintex beyond evaluation and proof of concept and into clearly contracted commercial execution. The multi year delivery profile provides revenue visibility and forecasting confidence, which helps explain why the market responded so quickly and decisively. In our view, this announcement marks an important inflection point where commercial traction is no longer theoretical, but locked in.

What are the Best ASX Stocks to invest in right now?

Check our buy/sell tips

Sprintex Charts Clear Course to Profit with Growing Monthly Revenue

The company also outlined a clear and transparent revenue cadence. From March 2026 through to October 2026, Sprintex expects to deliver around 20 systems per month, generating approximately A$1 million in monthly revenue.

From November 2026, production is set to scale to roughly 40 systems per month, lifting monthly revenue to around A$2 million. This level of contracted revenue visibility materially reshapes Sprintex’s earnings profile and provides tangible support for management’s expectation of reaching operating profitability in FY26.

The business model and what you need to know

For investors new to Sprintex, the business specialises in high speed mechanical vapour recompression systems. These are industrial energy efficiency solutions that recover and reuse low grade thermal energy by compressing vapour so it can be redeployed as a higher temperature heat source.

Alongside this, the company supplies integrated PLC control systems that monitor and automate the process. Revenue is primarily generated through the sale of complete hardware systems, and as order sizes increase, unit pricing improves, creating operating leverage as scale builds.

There are still a few risks you need to watch

From a balance sheet perspective, there are still risks to consider. Sprintex currently carries around A$3.6 million in debt and holds roughly A$700k in cash, which implies a relatively short cash runway.

Negative equity also adds to near term financial pressure. While the newly secured contracts extending into 2026 should materially improve cash inflows over time, we think it is important for investors to remain mindful of balance sheet risk alongside the improving commercial outlook.