2.92
-1.68%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$249.6m
FY2017FY2026
Net income
A$160.4m
FY2017FY2026
Free cash flow
A$95.7m
FY2017FY2026
Shareholders' equity
A$2.51bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$249.6m | A$233.3m | A$227.9m | A$228.6m | A$205.4m | A$160.4m | A$118.2m | A$93.9m | A$88.6m | A$80.9m |
| Research and development | — | — | — | A$0 | A$2 | A$4 | A$1 | A$1 | — | — |
| Operating income | A$147.2m | A$147.9m | A$150.4m | A$204.4m | A$135.1m | A$111.8m | A$96.9m | A$110.3m | A$99.8m | A$59.9m |
| Net income | A$160.4m | A$133.1m | A$48.1m | −A$76.6m | A$367.5m | A$611.2m | A$75.3m | A$75.3m | A$98.9m | A$50.8m |
| Diluted earnings per share | 0.26 | 0.21 | 0.08 | -0.12 | 0.58 | 1.03 | 0.15 | 0.25 | 0.40 | 0.21 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$3.97bn | A$3.93bn | A$3.88bn | A$3.91bn | A$4.15bn | A$3.11bn | A$1.64bn | A$1.25bn | A$1.10bn | A$921.5m |
| Cash and short-term investments | A$13.0m | A$15.0m | A$16.5m | A$20.9m | A$26.6m | A$105.5m | A$17.1m | A$9.3m | A$21.2m | A$8.2m |
| Total liabilities | A$1.46bn | A$1.44bn | A$1.43bn | A$1.40bn | A$1.46bn | A$983.6m | A$496.7m | A$500.7m | A$449.4m | A$412.5m |
| Debt | A$1.38bn | A$1.36bn | A$1.33bn | A$1.29bn | A$1.37bn | A$933.3m | A$452.4m | A$468.4m | A$428.0m | A$395.0m |
| Shareholders' equity | A$2.51bn | A$2.49bn | A$2.46bn | A$2.51bn | A$2.69bn | A$2.12bn | A$1.14bn | A$749.5m | A$647.5m | A$509.0m |
| Shares outstanding | 624m | 624m | 635m | 635m | 635m | 593m | 488m | 306m | 249m | 240m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$95.7m | A$95.9m | A$95.5m | A$97.6m | A$111.9m | A$83.7m | A$65.3m | A$50.3m | A$44.5m | A$42.2m |
| Capital spending | — | — | — | −A$83.4m | — | — | — | — | — | — |
| Free cash flow | A$95.7m | A$95.9m | A$95.5m | A$14.2m | A$111.9m | A$83.7m | A$65.3m | A$50.3m | A$44.5m | A$42.2m |
| Dividends paid | −A$104.8m | −A$103.0m | −A$101.6m | −A$103.7m | −A$92.4m | −A$79.5m | −A$54.1m | −A$44.7m | −A$45.2m | −A$44.7m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$125.4m | A$124.2m | A$111.8m | A$121.5m | A$112.8m | A$115.1m | A$115.4m | A$56.6m |
| Operating income | A$93.6m | A$53.6m | A$38.0m | A$109.9m | A$101.4m | A$103.4m | A$103.5m | A$36.5m |
| Net income | A$91.5m | A$68.9m | A$70.5m | A$62.6m | A$36.0m | A$12.2m | −A$31.0m | −A$15.5m |
| Diluted earnings per share | 0.15 | 0.11 | 0.11 | 0.10 | 0.06 | 0.02 | -0.05 | -0.02 |
| Cash from operations | A$45.0m | A$50.0m | A$34.0m | A$60.0m | A$40.0m | A$54.0m | A$43.0m | A$21.0m |
| Total assets | A$3.97bn | A$3.97bn | A$3.93bn | A$3.84bn | A$3.88bn | A$3.86bn | A$3.91bn | A$3.91bn |
| Cash and short-term investments | A$13.0m | A$19.8m | A$15.0m | A$25.2m | A$16.5m | A$34.8m | A$20.9m | A$24.8m |
| Debt | A$1.38bn | A$1.42bn | A$1.36bn | A$1.29bn | A$1.33bn | A$1.30bn | A$1.29bn | — |
| Shareholders' equity | A$2.51bn | A$2.47bn | A$2.49bn | A$2.47bn | A$2.46bn | A$2.47bn | A$2.51bn | A$2.51bn |
Financial ratios
Data as of 30 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 90.7% | 82.3% | 66.0% | 65.7% | 65.8% | 69.7% | — | — | — |
| Net margin | 64.3% | 57.0% | 21.1% | -33.5% | 178.9% | 381.2% | — | — | — |
| Return on equity | 6.4% | 5.3% | 2.0% | -3.1% | 13.7% | 28.8% | — | — | — |
| Return on assets | 4.0% | 3.4% | 1.2% | -2.0% | 8.9% | 19.7% | — | — | — |
| Free cash flow yield | — | — | — | 9.9% | — | — | — | — | 9.7% |
| Revenue growth | 7.0% | 2.4% | -0.3% | 11.3% | 28.1% | 35.6% | — | — | — |
| Earnings growth | 20.5% | 176.4% | -162.9% | -120.8% | -39.9% | 711.3% | — | — | — |
| Current ratio | 0.06x | 0.22x | 1.71x | 1.46x | 1.10x | 2.46x | — | — | — |
| Debt to equity | 0.55x | 0.55x | 0.54x | 0.51x | 0.51x | 0.44x | — | — | — |
| Equity ratio | 63.2% | 63.3% | 63.3% | 64.3% | 64.8% | 68.3% | — | — | — |
| Interest coverage | 3.43x | 3.26x | 2.93x | 3.42x | 5.02x | 4.32x | — | — | — |
| R&D as a share of sales | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 0.0% | 1.7% | 0.0% | 0.0% | -7.1% | -21.5% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.0% | 9.3% | 12.7% |
| Operating income | -10.4% | 5.6% | 10.1% |
| Net income | — | -23.5% | 12.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 61.1% | 69.2% | 68.7% | 74.9% |
| Net margin | 60.8% | 28.2% | 95.3% | 90.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.4 | 15.5 | 37.5 | -26.9 | 5.4 | 4.0 | 19.9 | 13.4 | 6.9 | 11.8 |
| Price to sales | 7.4 | 8.9 | 7.9 | 9.0 | 9.7 | 15.4 | 12.7 | 10.8 | 7.7 | 7.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 29 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.043 | 0.168 | 0.163 | 0.16 | 0.16 | 0.216 | 0.17 | 0.185 |
- 4-to-1 reverse split · 2 Jul 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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