C 
14.57
+4.44%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$769.3m
FY2017FY2026
Net income
A$282.2m
FY2017FY2026
Free cash flow
A$264.5m
FY2017FY2026
Shareholders' equity
A$1.43bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$769.3m | A$517.7m | A$359.7m | A$320.7m | A$286.9m | A$110,000 | A$122,000 | A$159,794 | A$186,222 | A$189,214 |
| Operating income | A$452.3m | A$264.4m | A$141.6m | A$134.4m | A$121.6m | −A$8.5m | −A$12.8m | −A$3.6m | −A$3.4m | −A$3.1m |
| Net income | A$282.2m | A$150.3m | A$87.1m | A$4.4m | A$89.5m | −A$4.8m | −A$17.9m | −A$23.8m | −A$3.1m | −A$3.3m |
| Diluted earnings per share | 0.62 | 0.34 | 0.22 | 0.01 | 0.24 | -0.01 | -0.05 | -0.07 | -0.02 | -0.02 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$1.88bn | A$1.04bn | A$623.6m | A$592.9m | A$489.5m | A$299.6m | A$124.5m | A$26.3m | A$37.4m | A$31.9m |
| Cash and short-term investments | A$505.2m | A$355.9m | A$120.7m | A$107.4m | A$62.9m | A$12.0m | A$45.8m | A$9.2m | A$5.6m | A$5.6m |
| Total liabilities | A$447.4m | A$258.5m | A$314.3m | A$336.4m | A$242.0m | A$169.1m | A$17.3m | A$2.5m | A$1.4m | A$1.8m |
| Debt | A$20.3m | A$31.8m | A$84.1m | A$91.8m | A$110.8m | A$121.1m | A$253,000 | — | — | A$70,139 |
| Shareholders' equity | A$1.43bn | A$781.2m | A$309.3m | A$256.5m | A$247.5m | A$130.5m | A$95.5m | A$23.8m | A$36.0m | A$30.1m |
| Shares outstanding | 457m | 437m | 389m | 378m | 377m | 375m | 342m | 325m | 153m | 178m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$470.2m | A$259.3m | A$158.2m | A$152.6m | A$135.0m | −A$18.9m | −A$4.3m | −A$3.5m | −A$2.7m | −A$1.8m |
| Capital spending | −A$205.7m | −A$97.8m | −A$65.6m | −A$47.3m | −A$77.5m | −A$120.3m | −A$39.8m | −A$4.8m | −A$6.1m | −A$14.1m |
| Free cash flow | A$264.5m | A$161.6m | A$92.5m | A$105.3m | A$57.5m | −A$139.2m | −A$44.1m | −A$8.3m | −A$8.8m | −A$15.8m |
| Dividends paid | −A$22.8m | — | — | −A$51.5m | −A$916,000 | −A$104.3m | −A$2.2m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$419.3m | A$327.5m | A$312.4m | A$136,193 | A$205.3m | A$178.2m | A$181.6m | A$175.3m |
| Operating income | A$252.5m | A$177.2m | A$181.4m | −A$1.1m | A$83.1m | A$57.9m | A$83.1m | A$72.5m |
| Net income | A$157.5m | A$124.7m | A$107.2m | A$1.4m | A$43.1m | A$32.8m | A$54.4m | −A$35.8m |
| Diluted earnings per share | 0.34 | 0.29 | 0.25 | 0.00 | 0.11 | 0.08 | 0.14 | -0.09 |
| Cash from operations | A$265.0m | A$204.0m | A$174.0m | — | A$84.0m | A$77.0m | A$80.0m | A$87.0m |
| Capital spending | −A$118.0m | −A$87.0m | −A$59.0m | — | −A$38.0m | −A$40.0m | −A$25.0m | −A$17.0m |
| Free cash flow | A$147.0m | A$117.0m | A$115.0m | — | A$46.0m | A$37.0m | A$55.0m | A$70.0m |
| Total assets | A$1.88bn | A$1.61bn | A$1.04bn | — | A$903.3m | A$623.6m | A$618.7m | A$592.9m |
| Cash and short-term investments | A$505.2m | A$441.7m | A$355.9m | — | A$355.7m | A$120.7m | A$157.8m | A$107.4m |
| Debt | A$2.9m | A$25.1m | A$31.8m | — | A$80.1m | A$84.1m | A$87.8m | A$91.8m |
| Shareholders' equity | A$1.43bn | A$1.26bn | A$781.2m | — | A$534.8m | A$309.3m | A$307.6m | A$256.5m |
Financial ratios
Data as of 15 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 58.8% | 43.4% | 39.7% | 4.9% | 40.8% | -3428.2% |
| Net margin | 36.7% | 29.0% | 24.2% | 1.4% | 31.2% | -4331.8% |
| Return on equity | 19.7% | 19.2% | 28.2% | 1.7% | 36.1% | -3.7% |
| Return on assets | 15.0% | 14.5% | 14.0% | 0.7% | 18.3% | -1.6% |
| Free cash flow yield | 10.7% | 5.9% | 4.2% | 3.8% | 4.1% | 2.0% |
| Revenue growth | 48.6% | 43.9% | 12.2% | 11.8% | 260761.8% | -9.8% |
| Earnings growth | 87.8% | 72.5% | 1880.9% | -95.1% | -1977.9% | -73.4% |
| Current ratio | 3.16x | 4.96x | 1.31x | 2.95x | 1.13x | 0.53x |
| Debt to equity | 0.00x | 0.01x | 0.19x | 0.23x | 0.29x | 0.59x |
| Equity ratio | 76.2% | 75.1% | 49.6% | 43.3% | 50.6% | 43.5% |
| Interest coverage | 256.72x | 36.92x | 21.29x | 2.42x | 18.65x | -3.79x |
| Buybacks as a share of market value | -4.5% | -12.4% | -2.9% | -0.2% | -0.8% | -9.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 33.9% | 487.4% | 123.4% |
| Operating income | 49.9% | — | — |
| Net income | 300.3% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 55.7% | 50.5% | 49.1% | 47.9% |
| Net margin | 33.6% | 26.6% | 27.0% | 24.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 23.5 | 41.8 | 28.0 | 404.7 | 19.4 | -267.3 | -34.0 | -16.8 | -16.0 | -17.9 |
| Price to sales | 8.6 | 12.1 | 6.8 | 5.5 | 6.0 | — | — | — | 268.1 | 312.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 16 Mar 2026.
| FY2026 | |
|---|---|
| Paid in the year | 0.071 |
- 5-to-1 reverse split · 22 Nov 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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