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Develop Global DVP.AX · AUD

Materials · ASX · 🇦🇺 Australia

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3.76

+5.92%

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.

FY2025

Revenue

A$231.5m

FY2016FY2025

Net income

A$72.4m

FY2016FY2025

Free cash flow

−A$50.4m

FY2016FY2025

Shareholders' equity

A$630.0m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueA$231.5mA$147.2mA$68.3mA$4.6mA$10,910A$16,540−A$53,280A$141,670A$44,640A$794,230
Research and developmentA$14.5m—A$306,200A$444,500——————
Operating income−A$979,700−A$8.0m−A$13.9m−A$8.7m−A$89.4m−A$4.1m−A$3.8m−A$2.2m−A$2.1m−A$3.5m
Net incomeA$72.4m−A$12.1m−A$17.9m−A$9.2m−A$89.9m−A$3.9m−A$2.7m−A$2.5m−A$2.6m−A$3.0m
Diluted earnings per share0.27-0.05-0.11-0.06-0.65-0.05-0.04-0.05-0.06-0.10

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsA$898.1mA$471.2mA$245.8mA$204.9mA$57.3mA$41.9mA$41.1mA$34.7mA$28.5mA$25.4m
Cash and short-term investmentsA$58.6mA$41.5mA$21.8mA$43.3mA$16.8mA$2.3mA$4.9mA$2.6mA$960,630A$728,231
Total liabilitiesA$268.1mA$122.0mA$96.1mA$60.3mA$21.7mA$18.0mA$15.0mA$14.2mA$13.0mA$12.5m
DebtA$158.3mA$40.8mA$27.9mA$3.5mA$103,779A$2.1mA$54,920A$50,370A$35,400A$31,380
Shareholders' equityA$630.0mA$349.3mA$149.7mA$144.6mA$35.6mA$23.9mA$26.0mA$20.5mA$15.4mA$12.9m
Shares outstanding270m226m167m145m137m84m63m49m44m29m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsA$12.6mA$11.0mA$12.2m−A$6.6m−A$2.4m−A$2.5m−A$877,532−A$1.9m−A$1.8m−A$99,753
Capital spending−A$63.0m−A$30.6m−A$40.0m−A$9.0m−A$2.6m−A$3.9m−A$4.5m−A$3.8m−A$3.0m−A$1.3m
Free cash flow−A$50.4m−A$19.6m−A$27.8m−A$15.6m−A$5.0m−A$6.4m−A$5.3m−A$5.7m−A$4.8m−A$1.4m

Latest quarters

By quarter end

Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021
RevenueA$118.4mA$113.0mA$81.4mA$65.8mA$44.1mA$24.2mA$4.5mA$19,200
Operating income−A$2.4mA$5.7m−A$5.7m−A$2.2m−A$5.2m−A$8.1m−A$2.6m−A$6.7m
Net incomeA$71.5mA$939,300−A$8.3m−A$3.8m−A$11.5m−A$6.4m−A$2.6m−A$6.6m
Diluted earnings per share0.220.00-0.04-0.02-0.07-0.04-0.02-0.05
Total assetsA$898.1mA$593.4mA$471.2mA$456.8mA$245.8mA$233.0mA$204.9mA$64.3m
Cash and short-term investmentsA$58.6mA$112.9mA$41.5mA$32.7mA$21.8mA$26.6mA$43.2mA$16.5m
DebtA$115.9mA$131.0mA$18.7mA$17.0mA$16.1mA$13.4mA$1.9mA$9,300
Shareholders' equityA$630.0mA$355.6mA$349.3mA$344.5mA$149.6mA$147.4mA$144.6mA$42.4m

Financial ratios

Data as of 1 Nov 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin4.0%-0.8%-5.5%-16.7%-201.6%-823008.0%
Net margin2.1%31.3%-8.2%-26.4%-204.4%-823851.2%
Return on equity1.2%11.5%-3.5%-12.0%-6.4%-252.5%
Return on assets0.8%8.1%-2.6%-7.3%-4.5%-156.8%
Free cash flow yield8.7%5.5%5.4%6.2%0.4%0.0%
Revenue growth67.9%57.2%117.2%1402.0%41260.5%-34.0%
Earnings growth-88.7%-696.8%-32.2%94.0%-89.7%2205.4%
Current ratio1.55x2.63x1.21x0.94x4.24x2.53x
Debt to equity0.20x0.27x0.09x0.08x0.02x0.01x
Equity ratio69.2%70.1%74.1%60.9%70.6%62.1%
Interest coverage2.39x-0.61x-2.19x-1.75x-302.39x-1079.60x
Buybacks as a share of market value-0.4%-59.3%0.7%-32.0%-18.5%-63.6%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue270.3%574.8%90.6%
Operating income-51.7%-24.7%-31.7%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin-2.4%-7.0%-27.7%-39.9%
Net margin15.9%7.3%-13.4%-24.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings17.4-43.3-26.6-50.1-5.9-12.9-13.4-17.1-19.3-5.9
Price to sales5.43.67.0101.3——-681.8300.7—22.2

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 5-to-1 reverse split · 30 Nov 2021
  • 15-to-1 reverse split · 17 Aug 2018

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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