G 
7.49
+6.39%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$1.74bn
FY2017FY2026
Net income
A$601.8m
FY2017FY2026
Free cash flow
A$658.8m
FY2017FY2026
Shareholders' equity
A$2.08bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$1.74bn | A$920.1m | A$438.6m | A$77.0m | A$77.0m | A$79,981 | A$71,385 | A$64,454 | A$55,586 | A$11.0m |
| Operating income | A$784.5m | A$317.2m | A$52.2m | −A$66.3m | −A$46.5m | −A$16.4m | −A$9.7m | −A$7.1m | −A$5.6m | −A$767,487 |
| Net income | A$601.8m | A$221.2m | A$84.0m | −A$111.8m | −A$46.4m | −A$16.3m | −A$9.6m | −A$7.0m | −A$5.6m | −A$718,341 |
| Diluted earnings per share | 0.51 | 0.19 | 0.07 | -0.10 | -0.14 | -0.02 | -0.05 | -0.01 | -0.01 | -0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$2.89bn | A$1.80bn | A$1.21bn | A$1.02bn | A$38.7m | A$34.7m | A$11.3m | A$2.7m | A$5.2m | A$5.3m |
| Cash and short-term investments | A$488.3m | A$239.5m | A$171.3m | A$181.5m | A$16.1m | A$11.0m | A$11.1m | A$2.6m | A$5.1m | A$4.2m |
| Total liabilities | A$815.3m | A$544.4m | A$217.6m | A$164.7m | A$10.1m | A$10.8m | A$664,981 | A$840,988 | A$1.2m | A$929,749 |
| Debt | — | A$200.9m | A$45.2m | A$11.3m | — | — | — | — | — | — |
| Shareholders' equity | A$2.08bn | A$1.25bn | A$991.4m | A$838.2m | A$28.6m | A$23.9m | A$10.7m | A$1.8m | A$4.0m | A$4.4m |
| Shares outstanding | 1,170m | 1,142m | 1,128m | 1,096m | 341m | 1,053m | 187m | 1,053m | 1,053m | 1,053m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$935.2m | A$420.7m | A$136.2m | −A$37.6m | −A$16.8m | −A$14.0m | −A$4.7m | −A$7.3m | −A$3.9m | A$1.7m |
| Capital spending | −A$276.4m | −A$183.1m | −A$164.6m | −A$15.3m | −A$1.1m | −A$10.9m | −A$20,239 | −A$20,239 | −A$950 | −A$4,713 |
| Free cash flow | A$658.8m | A$237.6m | −A$28.3m | −A$52.9m | −A$17.9m | −A$24.9m | −A$4.7m | −A$7.3m | −A$3.9m | A$1.7m |
| Dividends paid | — | — | — | −A$562.7m | −A$2.5m | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$922.0m | A$820.3m | A$581.4m | A$338.7m | A$222.7m | A$215.9m | A$33.1m | A$16.5m |
| Operating income | A$440.7m | A$343.7m | A$230.6m | A$90.5m | A$29.1m | A$15.0m | −A$41.4m | −A$19.4m |
| Net income | A$363.7m | A$238.0m | A$161.4m | A$59.8m | A$69.2m | A$16.0m | −A$75.7m | −A$37.4m |
| Diluted earnings per share | 0.31 | 0.21 | 0.14 | 0.05 | 0.06 | 0.01 | -0.07 | -0.03 |
| Cash from operations | A$547.0m | A$387.0m | A$279.0m | A$140.0m | A$68.0m | A$67.0m | −A$23.0m | −A$11.0m |
| Capital spending | −A$124.0m | −A$152.0m | −A$80.0m | −A$97.0m | −A$85.0m | −A$78.0m | −A$8.0m | −A$4.0m |
| Free cash flow | A$423.0m | A$235.0m | A$199.0m | A$43.0m | −A$17.0m | −A$11.0m | −A$31.0m | −A$15.0m |
| Total assets | A$2.89bn | A$2.01bn | A$1.80bn | A$1.35bn | A$1.21bn | A$1.09bn | A$1.02bn | A$1.02bn |
| Cash and short-term investments | A$488.3m | A$341.0m | A$239.5m | A$202.0m | A$171.3m | A$190.2m | A$181.5m | A$181.5m |
| Debt | A$293.3m | A$24.2m | A$200.9m | A$71.8m | A$45.2m | A$35.4m | A$11.4m | — |
| Shareholders' equity | A$2.08bn | A$1.51bn | A$1.25bn | A$1.09bn | A$991.4m | A$879.2m | A$838.2m | A$798.2m |
Financial ratios
Data as of 8 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2012 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 45.0% | 35.4% | 10.3% | -151.9% | -60.2% | -20442.0% | — |
| Net margin | 34.5% | 24.0% | 19.2% | -145.2% | -60.2% | -20414.3% | — |
| Return on equity | 29.0% | 17.6% | 8.5% | -13.3% | -161.9% | -68.3% | — |
| Return on assets | 20.8% | 12.3% | 6.9% | -11.0% | -119.7% | -47.1% | — |
| Free cash flow yield | 14.6% | 7.5% | 3.8% | -0.3% | -0.7% | -0.0% | — |
| Revenue growth | 89.4% | 109.8% | 469.9% | 0.0% | 96126.6% | 12.0% | — |
| Earnings growth | 172.1% | 163.3% | -175.2% | 141.1% | 183.9% | 70.6% | — |
| Current ratio | 2.11x | 2.03x | 2.14x | 2.92x | 4.80x | 4.16x | — |
| Debt to equity | 0.14x | 0.15x | 0.04x | 0.01x | 0.15x | 0.00x | — |
| Equity ratio | 71.8% | 69.7% | 82.0% | 82.5% | 73.9% | 69.0% | — |
| Interest coverage | 60.45x | 31.17x | 6.54x | -76.36x | -1404.81x | — | -198.65x |
| Buybacks as a share of market value | -2.5% | -1.2% | -2.9% | -221.9% | 67.7% | -462.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 182.9% | 637.3% | 249.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 41.4% | 34.2% | 31.5% | 30.6% |
| Net margin | 30.9% | 25.0% | 22.5% | 21.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.3 | 37.5 | 33.2 | -17.6 | -9.2 | -106.4 | -14.2 | -45.9 | -58.1 | -450.6 |
| Price to sales | 4.9 | 9.0 | 6.3 | 25.5 | 5.5 | — | — | — | — | 29.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 6 Jan 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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