A 
0.42
+3.75%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$480.2m
FY2017FY2026
Net income
A$82.7m
FY2017FY2026
Free cash flow
A$34.8m
FY2017FY2026
Shareholders' equity
A$457.3m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$480.2m | A$343.5m | A$309.9m | A$369.2m | A$438.8m | A$416.5m | A$331.8m | A$295.0m | A$248.6m | A$109.3m |
| Gross profit | A$139.6m | A$85.7m | A$27.7m | −A$34.1m | A$19.1m | A$106.6m | A$71.2m | A$80.0m | A$112.5m | A$27.6m |
| Operating income | A$127.2m | A$73.6m | A$16.4m | −A$69.8m | −A$177,000 | A$92.3m | A$60.9m | A$50.6m | A$100.7m | A$27.0m |
| Net income | A$82.7m | A$48.9m | −A$5.7m | −A$52.2m | −A$81.7m | A$42.9m | A$29.4m | A$36.0m | A$99.1m | A$19.3m |
| Diluted earnings per share | 0.04 | 0.03 | -0.00 | -0.03 | -0.06 | 0.03 | 0.03 | 0.04 | 0.11 | 0.04 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$646.5m | A$547.5m | A$472.5m | A$444.4m | A$562.3m | A$656.5m | A$343.8m | A$321.1m | A$266.5m | A$125.0m |
| Cash and short-term investments | A$143.9m | A$110.1m | A$116.5m | A$38.9m | A$76.7m | A$74.5m | A$79.1m | A$104.3m | A$66.9m | A$34.9m |
| Total liabilities | A$189.3m | A$184.8m | A$155.7m | A$134.6m | A$225.3m | A$235.2m | A$108.9m | A$99.6m | A$83.5m | A$128.8m |
| Debt | A$7.3m | A$8.6m | A$7.9m | A$12.7m | A$45.5m | A$47.4m | A$13.5m | A$13.5m | A$878,000 | A$105.6m |
| Shareholders' equity | A$457.3m | A$362.7m | A$316.8m | A$309.8m | A$336.9m | A$421.3m | A$234.9m | A$221.6m | A$183.0m | −A$3.8m |
| Shares outstanding | 1,934m | 1,693m | 1,693m | 1,690m | 1,297m | 1,311m | 982m | 946m | 869m | 470m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$142.8m | A$129.7m | A$100.6m | A$45.9m | A$154.1m | A$136.6m | A$110.5m | A$106.8m | A$151.8m | A$46.1m |
| Capital spending | −A$107.9m | −A$116.0m | −A$82.9m | −A$46.5m | −A$105.3m | −A$87.1m | −A$85.6m | −A$70.2m | −A$29.8m | −A$13.4m |
| Free cash flow | A$34.8m | A$13.7m | A$17.7m | −A$590,000 | A$48.8m | A$49.6m | A$24.9m | A$36.6m | A$122.0m | A$32.7m |
| Dividends paid | — | — | — | −A$4.1m | −A$22.4m | −A$8.7m | −A$17.5m | −A$17.5m | −A$28.6m | −A$17.5m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$273.4m | A$206.9m | A$181.1m | A$162.4m | A$162.6m | A$147.3m | A$176.5m | A$88.2m |
| Gross profit | A$90.1m | A$53.1m | A$53.6m | A$32.1m | A$19.2m | A$10.7m | −A$6.2m | −A$3.1m |
| Operating income | A$83.9m | A$46.6m | A$46.8m | A$26.8m | A$12.3m | A$3.1m | −A$13.8m | −A$17.6m |
| Net income | A$60.1m | A$22.6m | A$30.9m | A$17.9m | −A$3.7m | −A$2.0m | −A$22.7m | −A$11.4m |
| Diluted earnings per share | 0.03 | 0.01 | 0.02 | 0.01 | -0.00 | -0.00 | -0.01 | -0.01 |
| Cash from operations | A$96.0m | A$45.0m | A$76.0m | A$53.0m | A$66.0m | A$34.0m | A$46.0m | A$23.0m |
| Capital spending | −A$56.0m | −A$51.0m | −A$54.0m | −A$61.0m | −A$50.0m | −A$32.0m | −A$21.0m | −A$10.0m |
| Free cash flow | A$40.0m | −A$6.0m | A$22.0m | −A$8.0m | A$16.0m | A$2.0m | A$25.0m | A$13.0m |
| Total assets | A$646.5m | A$576.7m | A$547.5m | A$486.6m | A$472.5m | A$455.9m | A$444.4m | A$444.4m |
| Cash and short-term investments | A$143.9m | A$85.6m | A$110.1m | A$96.7m | A$116.5m | A$108.7m | A$38.9m | A$38.9m |
| Debt | A$2.3m | A$9.0m | A$8.6m | A$8.3m | A$7.9m | A$13.7m | A$12.7m | — |
| Shareholders' equity | A$457.3m | A$381.0m | A$362.7m | A$329.3m | A$316.8m | A$323.1m | A$309.8m | A$295.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.2% | 2.9% | 18.0% |
| Operating income | — | 6.6% | 33.7% |
| Net income | — | 14.0% | 22.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 27.4% | 14.6% | 14.6% | 18.9% |
| Operating margin | 24.4% | 9.8% | 10.2% | 14.1% |
| Net margin | 16.0% | 4.9% | 1.5% | 6.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 9.7 | 8.7 | -50.2 | -3.6 | -1.9 | 11.9 | 13.7 | 10.6 | 5.5 | 6.0 |
| Price to sales | 1.7 | 1.2 | 0.9 | 0.5 | 0.3 | 1.2 | 1.2 | 1.3 | 2.2 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 17 Sept 2020.
| FY2021 | FY2020 | |
|---|---|---|
| Paid in the year | 0.014 | 0.028 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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