E 
0.80
+1.27%
Close of 9 Nov 2026, in NZD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in NZD, from our data supplier.
Revenue
NZD 193.5m
FY2017FY2026
Net income
−NZD 162.3m
FY2017FY2026
Free cash flow
NZD 5.1m
FY2017FY2026
Shareholders' equity
NZD 173.6m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 193.5m | NZD 185.3m | NZD 175.0m | NZD 156.3m | NZD 132.4m | NZD 105.6m | NZD 141.3m | NZD 71.4m | NZD 40.7m |
| Research and development | NZD 27.5m | NZD 26.4m | NZD 48.6m | NZD 50.8m | NZD 21.5m | NZD 26.2m | NZD 15.8m | NZD 13.0m | NZD 9.0m |
| Operating income | −NZD 24.5m | −NZD 2.9m | −NZD 6.2m | −NZD 10.6m | NZD 5.6m | NZD 3.1m | NZD 6.9m | −NZD 2.8m | −NZD 6.1m |
| Net income | −NZD 162.3m | NZD 1.4m | −NZD 300,000 | −NZD 3.0m | −NZD 11.9m | NZD 2.5m | NZD 1.1m | −NZD 6.1m | −NZD 6.6m |
| Diluted earnings per share | -0.87 | 0.01 | -0.00 | -0.02 | -0.09 | 0.02 | 0.01 | -0.09 | -0.10 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | NZD 311.0m | NZD 460.3m | NZD 433.5m | NZD 402.8m | NZD 456.1m | NZD 213.7m | NZD 156.3m | NZD 153.1m | NZD 90.8m |
| Cash and short-term investments | NZD 40.0m | NZD 13.8m | NZD 14.5m | NZD 8.1m | NZD 17.3m | NZD 70.9m | NZD 4.2m | NZD 20.1m | NZD 1.2m |
| Total liabilities | NZD 137.5m | NZD 128.6m | NZD 130.5m | NZD 154.0m | NZD 148.3m | NZD 83.7m | NZD 92.6m | NZD 89.3m | NZD 34.2m |
| Debt | NZD 32.3m | NZD 31.2m | NZD 42.9m | NZD 78.1m | NZD 47.0m | NZD 49.9m | NZD 52.3m | NZD 51.8m | NZD 8.7m |
| Shareholders' equity | NZD 173.6m | NZD 331.7m | NZD 303.0m | NZD 248.8m | NZD 307.7m | NZD 126.8m | NZD 63.7m | NZD 63.7m | NZD 56.6m |
| Shares outstanding | 188m | 187m | 186m | 152m | 132m | 131m | 97m | 68m | 63m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | NZD 30.5m | NZD 43.2m | NZD 52.9m | NZD 24.1m | NZD 17.8m | NZD 34.9m | NZD 28.7m | NZD 17.6m | NZD 8.2m |
| Capital spending | −NZD 25.4m | −NZD 28.3m | −NZD 53.5m | −NZD 55.7m | −NZD 66.2m | −NZD 22.1m | −NZD 53.1m | −NZD 25.5m | −NZD 24.7m |
| Free cash flow | NZD 5.1m | NZD 14.9m | −NZD 600,000 | −NZD 31.6m | −NZD 48.5m | NZD 12.8m | −NZD 24.4m | −NZD 7.8m | −NZD 16.5m |
| Dividends paid | — | — | — | — | −NZD 39.9m | −NZD 2.1m | — | — | — |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 95.3m | NZD 96.7m | NZD 98.5m | NZD 95.9m | NZD 93.1m | NZD 46.5m | NZD 88.9m | NZD 44.5m |
| Operating income | −NZD 23.7m | −NZD 99,192 | NZD 14.9m | NZD 7.5m | −NZD 6.6m | NZD 200,000 | NZD 400,000 | NZD 200,000 |
| Net income | −NZD 17.0m | −NZD 143.0m | NZD 2.9m | −NZD 1.5m | NZD 900,000 | NZD 450,000 | −NZD 1.2m | −NZD 600,000 |
| Diluted earnings per share | -0.09 | -0.76 | 0.02 | -0.01 | 0.00 | 0.00 | -0.01 | -0.00 |
| Cash from operations | NZD 4.0m | NZD 25.0m | NZD 25.0m | NZD 17.0m | NZD 32.0m | NZD 16.0m | NZD 25.0m | NZD 10.0m |
| Capital spending | −NZD 12.0m | −NZD 12.0m | −NZD 4.0m | −NZD 9.0m | −NZD 19.0m | −NZD 9.0m | −NZD 15.0m | −NZD 6.0m |
| Free cash flow | −NZD 8.0m | NZD 13.0m | NZD 21.0m | NZD 8.0m | NZD 13.0m | NZD 7.0m | NZD 10.0m | NZD 4.0m |
| Total assets | NZD 311.0m | NZD 314.1m | NZD 460.3m | NZD 443.8m | NZD 433.5m | NZD 433.5m | NZD 430.1m | NZD 430.1m |
| Cash and short-term investments | NZD 40.0m | NZD 43.8m | NZD 13.8m | NZD 11.3m | NZD 14.5m | NZD 14.5m | NZD 16.8m | NZD 16.8m |
| Debt | NZD 27.8m | NZD 6.6m | NZD 27.1m | NZD 6.3m | NZD 37.8m | NZD 3.7m | NZD 2.3m | NZD 2.3m |
| Shareholders' equity | NZD 173.6m | NZD 185.3m | NZD 331.7m | NZD 311.8m | NZD 303.0m | NZD 303.0m | NZD 284.9m | NZD 284.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.4% | 12.7% | 22.2% |
| Operating income | 32.2% | — | 36.8% |
| Net income | 278.2% | — | 64.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -7.2% | -6.2% | -3.7% | -3.2% |
| Net margin | -42.5% | -23.1% | -18.3% | -15.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.9 | 167.1 | -699.3 | -51.7 | -8.7 | 227.4 | 359.7 | -29.3 | — | -28.8 |
| Price to sales | 0.8 | 1.3 | 1.2 | 1.0 | 0.8 | 5.3 | 2.8 | 2.5 | 55.2 | 4.6 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.