C 
1.14
+7.55%
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$26.2m
FY2017FY2026
Free cash flow
−A$21.3m
FY2017FY2026
Shareholders' equity
A$108.7m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$604,000 | A$118,000 | A$181,000 | A$634,000 | A$520,000 | A$453,000 | A$308,438 | A$762,599 | A$429,478 |
| Research and development | — | — | — | — | — | — | — | — | — | A$1.3m |
| Operating income | −A$32.9m | −A$26.3m | −A$50.4m | −A$70.8m | −A$65.2m | −A$47.1m | −A$13.3m | −A$8.2m | −A$5.8m | −A$2.9m |
| Net income | −A$26.2m | −A$24.2m | −A$39.5m | −A$65.6m | −A$18.3m | −A$43.2m | −A$11.8m | −A$10.2m | −A$15.9m | −A$4.7m |
| Diluted earnings per share | -0.07 | -0.06 | -0.10 | -0.17 | -0.05 | -0.12 | -0.03 | -0.04 | -0.06 | -0.02 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$115.7m | A$136.0m | A$170.7m | A$199.1m | A$186.8m | A$162.7m | A$55.5m | A$22.8m | A$42.7m | A$54.3m |
| Cash and short-term investments | A$59.0m | A$77.8m | A$111.0m | A$148.2m | A$134.5m | A$115.5m | A$54.3m | A$20.1m | A$38.4m | A$52.6m |
| Total liabilities | A$7.0m | A$6.6m | A$7.9m | A$12.0m | A$10.4m | A$13.4m | A$2.1m | A$1.0m | A$1.1m | A$2.2m |
| Debt | A$1.7m | A$1.9m | A$2.1m | A$1.7m | A$2.1m | A$349,000 | A$58,851 | A$58,851 | A$2.6m | A$5.8m |
| Shareholders' equity | A$108.7m | A$129.4m | A$162.8m | A$187.1m | A$176.3m | A$149.2m | A$53.4m | A$21.8m | A$41.6m | A$52.1m |
| Shares outstanding | 389m | 389m | 381m | 379m | 376m | 358m | 338m | 275m | 267m | 266m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$21.2m | −A$17.8m | −A$44.1m | −A$59.9m | −A$61.8m | −A$37.6m | −A$10.2m | −A$8.6m | −A$14.6m | −A$4.3m |
| Capital spending | −A$88,000 | −A$231,000 | −A$4.6m | −A$438,000 | −A$7.8m | −A$22.0m | −A$81,230 | −A$58,415 | −A$896,648 | −A$1.5m |
| Free cash flow | −A$21.3m | −A$18.0m | −A$48.7m | −A$60.4m | −A$69.6m | −A$59.6m | −A$10.3m | −A$8.7m | −A$15.5m | −A$5.7m |
| Dividends paid | — | — | — | −A$2.3m | −A$3.7m | −A$3.9m | −A$1.6m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$100,000 | −A$496,000 | A$496,000 | −A$50,000 | A$50,000 | A$828,000 | −A$240,000 |
| Operating income | −A$16.2m | −A$16.7m | −A$12.8m | −A$13.0m | −A$18.4m | −A$32.1m | −A$34.0m | −A$17.3m |
| Net income | −A$13.1m | −A$13.0m | −A$10.4m | −A$13.8m | −A$11.7m | −A$27.8m | −A$31.9m | −A$15.9m |
| Diluted earnings per share | -0.03 | -0.03 | -0.03 | -0.04 | -0.03 | -0.07 | -0.08 | -0.04 |
| Cash from operations | −A$9.0m | −A$12.0m | −A$8.0m | −A$8.0m | −A$14.0m | −A$29.0m | −A$25.0m | −A$12.0m |
| Capital spending | — | — | — | — | — | −A$4.0m | — | — |
| Free cash flow | — | — | — | — | — | −A$33.0m | — | — |
| Total assets | A$115.7m | A$128.9m | A$136.0m | A$147.9m | A$170.7m | A$173.0m | A$199.1m | A$199.1m |
| Cash and short-term investments | A$59.0m | A$71.3m | A$77.8m | A$89.7m | A$111.0m | A$114.4m | A$148.2m | A$148.2m |
| Debt | A$247,000 | A$1.8m | A$1.9m | A$2.0m | A$2.1m | A$1.6m | A$1.7m | — |
| Shareholders' equity | A$108.7m | A$122.5m | A$129.4m | A$141.3m | A$162.8m | A$165.6m | A$187.1m | A$183.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -22.5% | -6.9% | 29.9% |
| Net income | -26.4% | -9.5% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -17.1 | -35.2 | -10.7 | -9.8 | -129.5 | -79.6 | -109.9 | -6.0 | -2.2 | -10.3 |
| Price to sales | — | — | — | — | — | — | — | 197.1 | 46.5 | 112.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 Nov 2018.
| FY2019 | FY2013 | |
|---|---|---|
| Paid in the year | 0.04 | 0.10 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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