I 
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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$80.7m
FY2016FY2025
Net income
−A$83.0m
FY2016FY2025
Free cash flow
−A$36.6m
FY2016FY2025
Shareholders' equity
A$14.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$80.7m | — | A$119.1m | A$171.5m | A$178.8m | A$176.4m | A$146.2m | — | A$2,408 | A$6,966 |
| Operating income | −A$67.2m | −A$15.2m | −A$2.3m | A$22.1m | A$28.2m | A$43.9m | A$40.6m | −A$8.9m | −A$7.8m | −A$5.6m |
| Net income | −A$83.0m | −A$9.4m | −A$4.7m | A$15.2m | A$19.4m | A$24.8m | A$20.8m | A$3.3m | −A$8.0m | −A$5.7m |
| Diluted earnings per share | -0.07 | -0.01 | -0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.00 | -0.01 | -0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$117.2m | A$178.2m | A$165.7m | A$209.2m | A$188.1m | A$171.5m | A$176.8m | A$137.4m | A$20.0m | A$14.8m |
| Cash and short-term investments | A$7.7m | A$19.9m | A$46.2m | A$53.5m | A$80.0m | A$50.8m | A$50.0m | A$11.9m | A$4.4m | A$1.1m |
| Total liabilities | A$102.5m | A$80.1m | A$54.9m | A$93.0m | A$77.2m | A$62.9m | A$95.0m | A$80.6m | A$5.1m | A$4.5m |
| Debt | A$20.0m | A$9.9m | A$111,000 | A$197,000 | A$320,000 | A$17.2m | A$56.5m | A$64.0m | A$4.0m | A$4.0m |
| Shareholders' equity | A$14.6m | A$98.1m | A$110.7m | A$116.2m | A$110.9m | A$108.6m | A$81.8m | A$56.8m | A$14.9m | A$10.2m |
| Shares outstanding | 1,113m | 1,114m | 1,083m | 1,084m | 1,042m | 1,022m | 999m | 1,196m | 570m | 380m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$7.3m | −A$6.3m | A$14.1m | A$36.8m | A$74.9m | A$65.0m | A$62.9m | −A$2.4m | −A$2.7m | −A$2.6m |
| Capital spending | −A$43.9m | −A$28.1m | −A$19.9m | −A$54.9m | −A$11.4m | −A$21.2m | −A$13.0m | −A$65.6m | −A$6.7m | −A$2.2m |
| Free cash flow | −A$36.6m | −A$34.4m | −A$5.8m | −A$18.1m | A$63.5m | A$43.8m | A$50.0m | −A$68.0m | −A$9.4m | −A$4.8m |
| Dividends paid | — | — | −A$980,000 | −A$12.8m | −A$19.0m | −A$38.3m | −A$39,000 | −A$22.1m | −A$11.9m | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$51.0m | A$58.7m | A$22.1m | — | — | A$38.1m | A$81.1m | A$79.7m |
| Operating income | −A$4.3m | −A$2.5m | −A$11.7m | −A$6.5m | −A$8.7m | −A$8.7m | A$6.8m | −A$2.4m |
| Net income | −A$11.3m | −A$74.6m | −A$8.4m | −A$4.3m | −A$5.2m | −A$9.3m | A$4.6m | −A$2.8m |
| Diluted earnings per share | -0.01 | -0.07 | -0.01 | -0.00 | -0.00 | -0.01 | 0.00 | -0.00 |
| Cash from operations | A$2.0m | A$5.0m | A$2.0m | — | −A$6.0m | −A$7.0m | A$21.0m | A$15.0m |
| Capital spending | — | −A$10.0m | −A$33.0m | −A$22.0m | −A$5.0m | −A$8.0m | −A$11.0m | −A$9.0m |
| Free cash flow | — | −A$5.0m | −A$31.0m | — | −A$11.0m | −A$15.0m | A$10.0m | A$6.0m |
| Total assets | A$103.5m | A$117.2m | A$211.1m | A$178.2m | A$159.0m | A$165.7m | A$200.2m | A$209.2m |
| Cash and short-term investments | A$13.3m | A$7.7m | A$10.7m | A$19.9m | A$34.2m | A$46.2m | A$62.5m | A$53.5m |
| Debt | A$14.3m | A$20.0m | A$31.8m | A$9.9m | A$1.1m | A$9,000 | A$306,000 | A$197,000 |
| Shareholders' equity | A$3.6m | A$14.6m | A$90.4m | A$98.1m | A$103.4m | A$110.7m | A$120.3m | A$116.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -22.2% | -14.5% | 138.8% |
| Operating income | — | — | 31.7% |
| Net income | — | — | 34.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.8 | -11.0 | -14.5 | 9.7 | 11.0 | 7.6 | 12.0 | 39.8 | -8.9 | -3.1 |
| Price to sales | 0.8 | — | 0.6 | 0.8 | 1.2 | 1.1 | 1.7 | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 31 Mar 2022.
| FY2022 | FY2021 | |
|---|---|---|
| Paid in the year | 0.00 | 0.00 |
- 25-for-24 split · 17 May 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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