F
1.43
+8.33%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
—
FY2017FY2026
Net income
−A$23.6m
FY2017FY2026
Free cash flow
−A$11.2m
FY2017FY2026
Shareholders' equity
A$425.2m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | A$1.2m | A$406,570 | A$45,110 | — | A$7,040 | — | — | — |
| Operating income | −A$26.6m | −A$15.5m | −A$23.6m | −A$3.6m | −A$3.5m | −A$3.3m | −A$7.4m | −A$876,300 | −A$526,380 | −A$719,020 |
| Net income | −A$23.6m | −A$11.4m | −A$22.4m | −A$3.5m | −A$3.2m | −A$3.4m | −A$7.7m | −A$932,937 | −A$1.4m | −A$1.6m |
| Diluted earnings per share | -0.03 | -0.02 | -0.23 | -0.04 | -0.02 | -0.03 | -0.07 | -0.01 | -0.02 | -0.04 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$451.4m | A$368.1m | A$249.0m | A$85.9m | A$83.7m | A$61.9m | A$6.7m | A$802,742 | A$481,407 | A$959,609 |
| Cash and short-term investments | A$193.4m | A$106.7m | A$40.7m | A$6.0m | A$13.6m | A$21.8m | A$4.8m | A$728,055 | A$375,416 | A$501,052 |
| Total liabilities | A$26.2m | A$24.5m | A$43.3m | A$4.4m | A$9.6m | A$6.8m | A$722,371 | A$53,073 | A$119,737 | A$278,703 |
| Debt | A$1.6m | A$1.4m | A$2.0m | A$1.8m | A$71,259 | A$264,894 | — | — | — | — |
| Shareholders' equity | A$425.2m | A$321.4m | A$184.1m | A$59.6m | A$56.6m | A$39.1m | A$6.0m | A$749,669 | A$361,670 | A$680,906 |
| Shares outstanding | 769m | 661m | 98m | 98m | 138m | 113m | 104m | 67m | 57m | 39m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$8.3m | −A$7.1m | −A$13.7m | A$1.3m | −A$6.3m | −A$2.5m | −A$761,355 | −A$434,254 | −A$558,770 | −A$513,808 |
| Capital spending | −A$2.8m | −A$63.7m | −A$58.7m | −A$17.3m | −A$20.4m | −A$9.5m | −A$479,134 | −A$60,335 | −A$626,018 | −A$576,898 |
| Free cash flow | −A$11.2m | −A$70.8m | −A$72.3m | −A$16.0m | −A$26.7m | −A$11.9m | −A$1.2m | −A$494,589 | −A$1.2m | −A$1.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | A$2.8m | — | A$778,160 | — | — |
| Operating income | −A$13.6m | −A$12.5m | −A$9.3m | −A$6,204 | −A$3.2m | −A$4.0m | −A$2,947 | −A$15.7m |
| Net income | −A$22.9m | −A$727,000 | −A$5.6m | −A$5,731 | −A$3.1m | −A$6,936 | −A$3,468 | −A$15.5m |
| Diluted earnings per share | -0.03 | -0.00 | -0.01 | -0.00 | -0.03 | -0.00 | -0.00 | -0.16 |
| Cash from operations | −A$2.0m | −A$6.0m | −A$2.0m | −A$4.0m | — | −A$7.0m | — | −A$6.0m |
| Capital spending | −A$2.0m | — | −A$30.0m | — | −A$12.0m | — | — | −A$7.0m |
| Free cash flow | −A$4.0m | — | −A$32.0m | — | — | — | — | −A$13.0m |
| Total assets | A$451.4m | A$543.3m | A$368.1m | A$312.0m | — | A$249.0m | A$249.0m | A$181.6m |
| Cash and short-term investments | A$193.4m | A$247.9m | A$106.7m | A$79.5m | — | A$40.7m | A$40.7m | A$16.8m |
| Debt | A$590,000 | A$1.2m | A$1.4m | A$2.3m | — | A$2.0m | A$636,000 | A$2.0m |
| Shareholders' equity | A$425.2m | A$492.7m | A$321.4m | A$256.0m | — | A$184.1m | A$184.1m | A$126.5m |
Financial ratios
Data as of 3 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | -1955.5% | -855.3% | -7014.1% | — | -108710.3% |
| Net margin | — | — | -1856.9% | -855.6% | -7006.7% | — | -108710.3% |
| Return on equity | -5.6% | -3.5% | -12.2% | -5.8% | -5.6% | -8.6% | — |
| Return on assets | -5.2% | -3.1% | -9.0% | -4.0% | -3.8% | -5.4% | — |
| Free cash flow yield | -0.5% | 6.4% | 34.3% | 14.2% | 7.6% | 4.6% | — |
| Revenue growth | — | — | 197.4% | 801.3% | — | — | — |
| Earnings growth | 107.8% | -49.4% | 545.3% | 10.1% | -6.1% | -56.0% | — |
| Current ratio | 16.90x | 8.43x | 2.10x | 3.06x | 3.66x | 8.11x | — |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x | — |
| Equity ratio | 94.2% | 87.3% | 73.9% | 69.4% | 67.7% | 63.1% | — |
| Interest coverage | -87.77x | -41.49x | -106.98x | — | — | — | — |
| Buybacks as a share of market value | -16.3% | -574.3% | 0.0% | 28.9% | -22.5% | -7.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 94.3% | 52.0% | 49.2% |
| Net income | 89.3% | 47.7% | 43.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -46.7 | -121.6 | -4.0 | -17.8 | -33.4 | -36.6 | -20.3 | -9.7 | -3.0 | -2.6 |
| Price to sales | — | — | 75.0 | 151.9 | — | — | — | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 15-to-1 reverse split · 29 Nov 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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