G 
2.58
+4.45%
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.
Revenue
A$21.2m
FY2016FY2025
Net income
−A$32.1m
FY2016FY2025
Free cash flow
−A$29.0m
FY2016FY2025
Shareholders' equity
−A$5.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$21.2m | A$12.4m | — | — | — | — | A$185.0m | A$185.0m | A$177.3m | A$166.1m |
| Gross profit | −A$8.5m | −A$16.0m | — | — | — | — | A$67.9m | A$75.2m | A$77.6m | A$66.0m |
| Research and development | — | — | A$297,300 | A$1.3m | — | — | — | — | — | — |
| Operating income | −A$20.7m | −A$21.5m | −A$21.4m | −A$11.4m | −A$4.8m | −A$2.6m | −A$2.8m | −A$1.4m | −A$883,448 | −A$1.4m |
| Net income | −A$32.1m | −A$133.6m | −A$21.9m | −A$13.6m | −A$4.9m | −A$2.7m | −A$2.9m | −A$1.3m | −A$854,338 | −A$1.3m |
| Diluted earnings per share | -0.71 | -13.32 | -3.02 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$50.9m | A$37.1m | A$139.6m | A$55.3m | A$7.3m | A$4.5m | A$4.4m | A$1.8m | A$2.8m | A$2.6m |
| Cash and short-term investments | A$7.6m | A$809,000 | A$9.0m | A$4.5m | A$3.2m | A$651,163 | A$454,045 | A$494,360 | A$1.5m | A$1.3m |
| Total liabilities | A$56.1m | A$94.5m | A$68.7m | A$31.4m | A$680,378 | A$5.6m | A$3.0m | A$295,118 | A$422,277 | A$1.3m |
| Debt | A$28.6m | A$71.7m | A$49.0m | A$12.4m | A$99,708 | A$5.3m | A$2.7m | A$58.3m | A$239,036 | A$1.0m |
| Shareholders' equity | −A$5.1m | −A$57.4m | A$71.0m | A$23.9m | A$6.7m | −A$1.1m | A$1.3m | A$1.5m | A$2.4m | A$1.3m |
| Shares outstanding | 45m | 10m | 7m | 553m | 571m | 304m | 264m | 255m | 221m | 175m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$26.3m | −A$27.8m | −A$18.0m | −A$4.1m | −A$2.4m | −A$2.2m | −A$2.5m | −A$996,003 | −A$757,922 | −A$1.3m |
| Capital spending | −A$2.7m | −A$4.5m | −A$56.2m | −A$34.1m | −A$236,647 | −A$236,647 | −A$2.7m | −A$1.3m | −A$655 | −A$2.3m |
| Free cash flow | −A$29.0m | −A$32.2m | −A$74.2m | −A$38.3m | −A$2.7m | −A$2.4m | −A$5.3m | −A$2.3m | −A$758,577 | −A$3.6m |
| Dividends paid | — | — | — | — | — | — | −A$30.1m | −A$10.8m | −A$10.5m | −A$10.5m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$13.4m | A$7.8m | A$8.5m | A$3.9m | — | — | — | — |
| Gross profit | A$1.7m | −A$10.2m | −A$9.0m | −A$6.9m | — | — | — | — |
| Operating income | −A$2.7m | −A$18.0m | −A$20.1m | −A$1.4m | −A$13.1m | −A$8.3m | −A$1.8m | −A$9.6m |
| Net income | −A$9.1m | −A$23.0m | −A$129.8m | −A$3.8m | −A$13.5m | −A$8.3m | −A$6.2m | −A$7.4m |
| Diluted earnings per share | -0.11 | -2.30 | -12.30 | -0.40 | -0.01 | -0.02 | -0.01 | -0.01 |
| Total assets | A$50.9m | A$34.3m | A$37.1m | A$162.5m | A$139.6m | A$103.2m | A$55.3m | A$54.5m |
| Cash and short-term investments | A$7.6m | A$1.0m | A$809,000 | A$595,000 | A$9.0m | A$12.1m | A$4.5m | A$36.1m |
| Debt | A$27.0m | A$91.1m | A$69.5m | A$64.8m | A$43.8m | A$43.1m | A$12.0m | A$9.8m |
| Shareholders' equity | −A$5.1m | −A$81.1m | −A$57.4m | A$72.3m | A$71.0m | A$46.3m | A$23.9m | A$29.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | — | 68.1% |
| Operating income | 22.2% | 51.3% | 19.6% |
| Net income | 33.0% | 63.5% | 25.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -72.9% | — | — | — |
| Operating margin | -125.5% | — | — | — |
| Net margin | -493.1% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.5 | — | -0.0 | -7.1 | -17.0 | -11.1 | -6.4 | -15.2 | -10.2 | -6.5 |
| Price to sales | 5.3 | 0.0 | — | — | — | — | 0.1 | 0.1 | 0.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 100-to-1 reverse split · 25 Aug 2025
- 4-to-1 reverse split · 12 Jun 1998
- 2-to-1 reverse split · 13 Aug 1992
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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