B 
0.12
-4.00%
Close of 9 Nov 2026, in AUD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in AUD, from our data supplier.
Revenue
A$133.1m
FY2018FY2025
Net income
−A$6.8m
FY2018FY2025
Free cash flow
—
FY2018FY2025
Shareholders' equity
A$198.2m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$133.1m | A$58.0m | A$49.5m | A$49.9m | A$32.4m | A$16.8m | A$9.6m | A$7.7m |
| Gross profit | A$59.5m | A$31.2m | A$25.4m | A$27.2m | A$18.3m | A$9.9m | A$5.0m | A$2.7m |
| Operating income | −A$8.8m | −A$6.3m | −A$21.2m | −A$6.3m | A$7.3m | A$4.9m | −A$334,000 | −A$2.0m |
| Net income | −A$6.8m | −A$46.9m | −A$18.9m | −A$6.1m | A$3.0m | A$4.5m | −A$373,700 | −A$2.0m |
| Diluted earnings per share | -0.02 | -0.21 | -0.09 | -0.03 | 0.01 | 0.02 | -0.00 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | A$282.8m | A$37.5m | A$55.1m | A$57.8m | A$59.5m | A$5.2m | A$955,700 | A$861,100 |
| Cash and short-term investments | A$104.9m | A$24.5m | A$22.7m | A$47.3m | A$56.1m | A$4.7m | A$554,600 | A$305,400 |
| Total liabilities | A$84.6m | A$34.1m | A$26.2m | A$12.4m | A$10.9m | A$5.4m | A$4.7m | A$4.2m |
| Debt | A$39.0m | A$580,000 | A$1.0m | A$1.3m | A$1.1m | A$275,600 | A$980,800 | A$1.5m |
| Shareholders' equity | A$198.2m | A$3.4m | A$28.9m | A$45.4m | A$48.6m | −A$144,900 | −A$3.7m | −A$3.4m |
| Shares outstanding | 642m | 214m | 200m | 200m | 200m | 200m | 200m | 200m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | — | −A$13.9m | −A$967,000 | A$8.4m | A$5.9m | A$818,100 | −A$419,400 |
| Capital spending | — | — | −A$9.7m | −A$6.6m | −A$663,000 | −A$98,500 | −A$4,500 | −A$2,000 |
| Free cash flow | — | — | −A$23.6m | −A$7.6m | A$7.8m | A$5.8m | A$813,600 | −A$421,400 |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$70.3m | A$71.0m | A$61.8m | A$29.9m | A$27.9m | A$24.8m | A$24.8m | A$23.7m |
| Gross profit | A$27.1m | A$31.1m | A$28.2m | A$16.2m | A$14.8m | A$12.2m | A$13.2m | A$12.4m |
| Operating income | −A$26.4m | A$3.4m | −A$9.2m | A$5.3m | −A$11.6m | −A$9.7m | −A$11.4m | −A$5.8m |
| Net income | −A$32.2m | −A$6.3m | −A$496,000 | −A$36.6m | −A$10.4m | −A$8.9m | −A$9.9m | −A$5.3m |
| Diluted earnings per share | -0.03 | -0.02 | -0.02 | -0.16 | -0.05 | -0.04 | -0.05 | -0.03 |
| Cash from operations | — | — | — | −A$2.0m | −A$10.0m | −A$5.0m | −A$8.0m | −A$3.0m |
| Capital spending | — | — | — | — | −A$2.0m | −A$4.0m | −A$5.0m | −A$4.0m |
| Free cash flow | — | — | — | — | −A$12.0m | −A$9.0m | −A$13.0m | −A$7.0m |
| Total assets | A$227.4m | A$282.8m | A$96.9m | A$37.5m | A$43.0m | A$55.1m | A$51.7m | A$57.8m |
| Cash and short-term investments | A$40.8m | A$104.9m | A$16.0m | A$24.5m | A$8.6m | A$22.7m | A$32.2m | A$47.3m |
| Debt | A$4.3m | A$37.8m | A$5.0m | A$141,000 | A$333,000 | A$570,000 | A$650,000 | A$790,000 |
| Shareholders' equity | A$137.4m | A$198.2m | A$54.7m | A$3.4m | A$19.8m | A$28.9m | A$36.8m | A$45.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 38.7% | 51.3% | — |
| Operating income | 11.9% | — | — |
| Net income | 3.9% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 47.5% | 49.3% | 50.5% | — |
| Operating margin | -7.9% | -14.6% | -8.9% | — |
| Net margin | -28.1% | -27.1% | -21.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -18.9 | -1.4 | -2.1 | -12.0 | 98.7 |
| Price to sales | 1.0 | 1.1 | 0.8 | 1.5 | 9.1 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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