3.55
-2.47%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$660.1m
FY2017FY2026
Net income
A$17.7m
FY2017FY2026
Free cash flow
A$25.5m
FY2017FY2026
Shareholders' equity
A$565.0m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$660.1m | A$635.8m | A$707.7m | A$650.4m | A$377.4m | A$174.0m | A$316.4m | A$446.7m | A$372.2m | A$325.9m |
| Operating income | A$48.9m | A$587,000 | A$119.9m | A$107.0m | −A$7.2m | −A$90.3m | −A$12.0m | A$121.0m | A$106.9m | A$81.1m |
| Net income | A$17.7m | −A$348.5m | A$84.5m | A$77.6m | A$3.1m | −A$55.4m | −A$8.2m | A$86.2m | A$76.7m | A$54.6m |
| Diluted earnings per share | 0.12 | -2.52 | 0.59 | 0.53 | 0.02 | -0.40 | -0.07 | 0.77 | 0.71 | 0.51 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$1.27bn | A$1.31bn | A$1.64bn | A$1.76bn | A$1.55bn | A$1.16bn | A$782.2m | A$1.00bn | A$804.8m | A$740.2m |
| Cash and short-term investments | A$106.9m | — | A$134.8m | A$151.0m | A$142.1m | A$99.0m | A$92.8m | A$138.8m | A$84.8m | A$79.5m |
| Total liabilities | A$692.3m | A$731.0m | A$452.4m | A$572.4m | A$467.0m | A$309.5m | A$224.1m | A$411.4m | A$333.3m | A$338.8m |
| Debt | A$33.6m | — | A$38.8m | A$38.4m | A$48.4m | A$46.4m | A$53.1m | A$39.3m | A$44.0m | A$45.4m |
| Shareholders' equity | A$565.0m | A$562.1m | A$1.17bn | A$1.17bn | A$1.07bn | A$836.1m | A$538.8m | A$568.6m | A$454.3m | A$386.3m |
| Shares outstanding | 144m | 138m | 143m | 146m | 146m | 137m | 124m | 112m | 109m | 107m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$29.6m | — | A$126.8m | A$80.3m | A$73.9m | −A$60.4m | A$79.2m | A$133.5m | A$94.4m | A$69.3m |
| Capital spending | −A$4.1m | −A$38.9m | −A$5.1m | −A$4.3m | −A$26.0m | −A$15.3m | −A$22.2m | −A$8.1m | −A$2.7m | −A$1.3m |
| Free cash flow | A$25.5m | — | A$121.6m | A$76.0m | A$48.0m | −A$75.7m | A$57.0m | A$125.3m | A$91.7m | A$68.0m |
| Dividends paid | — | −A$33.4m | −A$57.0m | −A$16.1m | −A$2.1m | −A$11.1m | −A$26.5m | −A$45.3m | −A$37.5m | −A$30.5m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$321.6m | A$342.9m | A$339.6m | A$348.9m | A$358.8m | A$360.9m | A$181.3m | A$289.5m |
| Operating income | A$19.6m | A$23.5m | A$39.7m | A$51.3m | A$67.9m | A$81.1m | A$40.1m | A$22.0m |
| Net income | A$4.4m | A$13.3m | A$28.5m | A$35.0m | A$49.4m | A$61.6m | A$30.8m | A$15.9m |
| Diluted earnings per share | 0.03 | 0.10 | 0.20 | 0.24 | 0.34 | 0.42 | 0.21 | 0.11 |
| Cash from operations | A$7.0m | A$22.0m | A$12.0m | A$82.0m | A$44.0m | A$39.0m | A$39.0m | — |
| Capital spending | −A$1.0m | −A$2.0m | −A$1.0m | −A$2.0m | −A$21.0m | −A$1.0m | −A$1.0m | −A$1.0m |
| Free cash flow | A$6.0m | A$20.0m | A$11.0m | A$80.0m | A$23.0m | A$38.0m | A$38.0m | — |
| Total assets | A$1.27bn | A$1.29bn | A$1.59bn | A$1.68bn | A$1.62bn | A$1.76bn | A$1.72bn | A$1.56bn |
| Cash and short-term investments | A$106.9m | A$121.2m | A$75.5m | A$134.8m | A$131.3m | A$151.0m | A$151.0m | A$79.9m |
| Debt | A$7.7m | A$7.8m | A$35.8m | A$38.8m | A$41.0m | A$38.4m | — | A$45.1m |
| Shareholders' equity | A$565.0m | A$573.7m | A$1.21bn | A$1.17bn | A$1.17bn | A$1.17bn | A$1.08bn | A$1.09bn |
Financial ratios
Data as of 28 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 7.4% | -57.2% | 19.1% | 15.8% | -1.9% | -41.6% |
| Net margin | 2.7% | -54.8% | 13.6% | 11.9% | 0.8% | -31.8% |
| Return on equity | 3.1% | -62.0% | 7.2% | 6.6% | 0.3% | -6.6% |
| Return on assets | 1.4% | -26.6% | 5.1% | 4.4% | 0.2% | -4.8% |
| Free cash flow yield | 6.5% | 29.0% | 25.8% | 16.2% | 19.1% | -9.2% |
| Revenue growth | 3.8% | 2.4% | -4.6% | 72.4% | 116.8% | -45.0% |
| Earnings growth | -105.1% | -512.7% | 8.9% | 2401.6% | -105.6% | 576.2% |
| Current ratio | 0.87x | 0.81x | 1.34x | 1.26x | 1.16x | 1.25x |
| Debt to equity | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Equity ratio | 44.3% | 42.9% | 71.5% | 66.6% | 69.0% | 72.0% |
| Interest coverage | 13.27x | -302.15x | 45.54x | 40.32x | -3.13x | -22.14x |
| Buybacks as a share of market value | -4.1% | 3.4% | 2.0% | 0.1% | -6.7% | -10.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.5% | 30.6% | 9.6% |
| Operating income | -23.0% | — | -2.0% |
| Net income | -38.9% | — | -8.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.8% | 10.4% | 5.6% | 10.9% |
| Net margin | -25.5% | -6.4% | -6.9% | 0.6% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 29.9 | -6.4 | 22.6 | 36.8 | — | -54.7 | -265.5 | 26.6 | 30.3 | 40.9 |
| Price to sales | 0.8 | 3.5 | 2.7 | 4.4 | 5.7 | 17.4 | 6.9 | 5.1 | 6.3 | 6.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 28 Feb 2025.
| FY2025 | FY2024 | FY2023 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.29 | 0.33 | 0.26 | 0.498 | 0.458 | 0.374 | 0.262 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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