A 
1.77
0.00%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$285.8m
FY2017FY2026
Net income
−A$27.2m
FY2017FY2026
Free cash flow
A$162.8m
FY2017FY2026
Shareholders' equity
A$500.9m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$285.8m | A$268.1m | A$219.0m | A$196.9m | A$203.8m | A$131.6m | A$79.1m | A$76.0m | A$67.5m | A$34.6m |
| Operating income | −A$29.8m | A$64.6m | −A$95.4m | −A$52.0m | −A$9.2m | −A$20.0m | −A$122.9m | −A$13.4m | A$6.3m | −A$3.9m |
| Net income | −A$27.2m | −A$41.3m | −A$114.1m | −A$68.5m | −A$10.6m | −A$30.0m | −A$86.0m | −A$12.1m | A$27.0m | −A$12.3m |
| Diluted earnings per share | -0.09 | -0.15 | -0.47 | -0.29 | -0.04 | -0.19 | -0.54 | -0.08 | 0.17 | -0.10 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$1.32bn | A$1.18bn | A$1.22bn | A$1.34bn | A$1.20bn | A$978.5m | A$1.03bn | A$1.00bn | A$816.8m | A$492.6m |
| Cash and short-term investments | A$137.5m | A$62.2m | A$14.3m | A$77.1m | A$247.0m | A$91.3m | A$131.6m | A$164.3m | A$236.9m | A$147.4m |
| Total liabilities | A$820.6m | A$799.2m | A$805.5m | A$847.5m | A$701.5m | A$652.7m | A$678.8m | A$568.1m | A$372.9m | A$207.6m |
| Debt | A$171.8m | A$300.1m | A$254.9m | A$154.6m | A$168.9m | A$230.0m | A$242.5m | A$213.7m | A$116.9m | A$3.0m |
| Shareholders' equity | A$500.9m | A$376.5m | A$417.6m | A$496.9m | A$498.4m | A$325.8m | A$351.1m | A$433.7m | A$443.9m | A$285.0m |
| Shares outstanding | 300m | 276m | 241m | 240m | 239m | 158m | 158m | 158m | 157m | 129m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$180.3m | A$89.3m | −A$99.8m | A$62.8m | A$57.8m | A$8.1m | A$38.4m | A$9.5m | A$17.6m | A$4.1m |
| Capital spending | −A$17.5m | −A$73.7m | −A$66.5m | −A$275.6m | −A$20.9m | −A$34.6m | −A$81.7m | −A$182.6m | −A$198.5m | −A$9.9m |
| Free cash flow | A$162.8m | A$15.6m | −A$166.2m | −A$212.8m | A$36.9m | −A$26.5m | −A$43.3m | −A$173.1m | −A$180.8m | −A$5.9m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$144.4m | A$141.5m | A$134.3m | A$133.7m | A$113.2m | A$105.9m | A$95.7m | A$101.3m |
| Operating income | −A$77.8m | A$47.9m | A$29.7m | A$28.8m | −A$20.6m | A$1.2m | −A$14.1m | A$3.3m |
| Net income | −A$53.4m | A$26.2m | −A$48.9m | A$7.6m | −A$23.4m | −A$90.8m | −A$62.2m | −A$6.3m |
| Diluted earnings per share | -0.18 | 0.10 | -0.18 | 0.03 | -0.10 | -0.38 | -0.26 | -0.03 |
| Cash from operations | A$104.0m | A$75.0m | A$43.0m | A$45.0m | −A$120.0m | A$21.0m | — | A$55.0m |
| Capital spending | −A$13.0m | −A$4.0m | −A$31.0m | −A$26.0m | −A$5.0m | −A$45.0m | — | −A$243.0m |
| Free cash flow | A$91.0m | A$71.0m | A$12.0m | A$19.0m | −A$125.0m | −A$24.0m | — | −A$188.0m |
| Total assets | A$1.32bn | A$1.13bn | A$1.18bn | A$1.23bn | A$1.22bn | A$1.35bn | A$1.34bn | A$1.36bn |
| Cash and short-term investments | A$137.5m | A$81.3m | A$62.2m | A$51.0m | A$14.3m | A$102.4m | A$77.1m | A$88.3m |
| Debt | A$165.0m | A$111.2m | A$300.1m | A$292.3m | A$255.8m | A$214.9m | A$2.9m | A$1.3m |
| Shareholders' equity | A$500.9m | A$548.3m | A$376.5m | A$426.5m | A$417.6m | A$439.3m | A$496.9m | A$553.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.2% | 16.8% | 30.3% |
| Operating income | -16.9% | 8.4% | 1.7% |
| Net income | -26.5% | -2.0% | -2.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 6.3% | -11.6% | -10.9% | -19.0% |
| Net margin | -12.4% | -25.9% | -22.3% | -25.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -19.5 | -12.3 | -3.0 | -3.1 | -28.7 | -9.5 | -4.6 | -50.9 | 16.6 | -21.8 |
| Price to sales | 1.9 | 1.9 | 1.6 | 1.1 | 1.5 | 2.2 | 5.0 | 8.1 | 6.7 | 7.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 11-to-1 reverse split · 11 Nov 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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