A 
0.08
+6.85%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
—
FY2017FY2026
Net income
−A$11.3m
FY2017FY2026
Free cash flow
−A$15.6m
FY2017FY2026
Shareholders' equity
A$70.9m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | A$92,496 | A$706 | A$1,416 | A$32,293 | A$6,838 | A$4,905 |
| Operating income | −A$11.8m | −A$15.9m | −A$6.5m | −A$6.9m | −A$3.0m | −A$2.1m | −A$2.4m | −A$2.4m | −A$1.7m | −A$2.8m |
| Net income | −A$11.3m | −A$15.1m | −A$6.6m | −A$6.5m | −A$3.3m | −A$3.0m | −A$5.9m | −A$2.9m | −A$2.0m | −A$3.7m |
| Diluted earnings per share | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 | -0.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$73.2m | A$63.2m | A$58.9m | A$41.4m | A$34.9m | A$23.7m | A$20.1m | A$21.9m | A$20.6m | A$17.6m |
| Cash and short-term investments | A$16.0m | A$11.7m | A$16.5m | A$11.2m | A$10.0m | A$3.2m | A$326,555 | A$870,006 | A$2.9m | A$2.7m |
| Total liabilities | A$2.9m | A$2.4m | A$3.8m | A$1.6m | A$1.3m | A$1.7m | A$1.4m | A$2.3m | A$331,538 | A$743,356 |
| Debt | A$85,920 | A$281,260 | A$1.5m | — | — | A$312,500 | A$310,000 | A$1.4m | A$60,926 | A$53,930 |
| Shareholders' equity | A$70.9m | A$61.1m | A$55.2m | A$39.9m | A$33.4m | A$22.0m | A$18.8m | A$19.6m | A$20.3m | A$16.9m |
| Shares outstanding | 1,019m | 914m | 835m | 623m | 516m | 421m | 236m | 118m | 99m | 79m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$8.1m | −A$6.6m | −A$4.8m | −A$3.5m | −A$2.7m | −A$965,849 | −A$2.0m | −A$4.7m | −A$4.9m | −A$4.3m |
| Capital spending | −A$7.5m | −A$10.3m | −A$12.1m | −A$7.3m | −A$2.7m | −A$608,306 | −A$608,306 | −A$3,600 | −A$1,596 | −A$25,224 |
| Free cash flow | −A$15.6m | −A$16.9m | −A$16.9m | −A$10.8m | −A$5.4m | −A$1.6m | −A$2.6m | −A$4.7m | −A$4.9m | −A$4.3m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −A$5.0m | −A$6.8m | −A$4.4m | −A$8.9m | −A$3,903 | −A$3.1m | −A$3.4m | −A$1.7m |
| Net income | −A$4.7m | −A$6.6m | −A$4.0m | −A$11.2m | −A$4.1m | −A$2,979 | −A$3.2m | −A$1.6m |
| Diluted earnings per share | -0.00 | -0.01 | -0.00 | -0.01 | -0.00 | -0.00 | -0.01 | -0.00 |
| Cash from operations | −A$3.0m | −A$4.0m | −A$3.0m | −A$3.0m | −A$2.0m | −A$2.0m | −A$2.0m | −A$1.0m |
| Capital spending | — | — | −A$2.0m | — | — | −A$3.0m | −A$2.0m | −A$1.0m |
| Free cash flow | — | — | −A$5.0m | — | — | −A$5.0m | −A$4.0m | −A$2.0m |
| Total assets | A$73.2m | A$58.7m | A$63.2m | A$65.9m | A$58.9m | A$41.9m | A$41.4m | A$41.4m |
| Cash and short-term investments | A$16.0m | A$4.2m | A$11.7m | A$20.6m | A$16.5m | A$5.9m | A$11.2m | A$11.2m |
| Debt | A$85,920 | A$183,924 | A$281,256 | A$226,897 | A$1.5m | A$289,764 | — | — |
| Shareholders' equity | A$70.9m | A$56.8m | A$61.1m | A$63.9m | A$55.2m | A$37.9m | A$39.9m | A$35.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 19.6% | 40.9% | 22.7% |
| Net income | 20.4% | 30.5% | 21.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.8 | -10.6 | -15.8 | -25.4 | -39.9 | -37.9 | -1.7 | -2.2 | -9.7 | -5.6 |
| Price to sales | — | — | — | — | — | — | — | 198.6 | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 13-to-1 reverse split · 23 Mar 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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