I 
0.07
+10.94%
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$6.3m
FY2017FY2026
Free cash flow
−A$4.3m
FY2017FY2026
Shareholders' equity
A$141.4m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$273,124 | A$182,580 | A$101,890 | A$201,350 | A$425,930 | A$16,040 | A$43,310 | A$5,080 | A$6,350 |
| Gross profit | −A$176,040 | A$273,124 | −A$241,910 | −A$250,383 | −A$264,004 | −A$136,140 | −A$128,946 | −A$5,352 | — | — |
| Operating income | −A$6.8m | −A$2.6m | −A$3.5m | −A$5.1m | −A$4.5m | −A$1.6m | −A$1.6m | −A$1.1m | −A$837,865 | −A$507,614 |
| Net income | −A$6.3m | −A$4.7m | −A$5.0m | −A$4.7m | −A$3.6m | −A$1.2m | −A$1.7m | −A$1.0m | −A$917,430 | A$2.8m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.02 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$143.8m | A$138.2m | A$126.8m | A$99.0m | A$43.1m | A$18.4m | A$9.9m | A$9,550 | A$9,610 | A$1,143 |
| Cash and short-term investments | A$10.9m | A$8.8m | A$3.3m | A$22.9m | A$13.7m | A$9.1m | A$1.5m | A$2,214 | A$4,988 | A$1,083 |
| Total liabilities | A$2.7m | A$982,537 | A$3.3m | A$2.9m | A$4.6m | A$427,618 | A$583,150 | A$503 | A$1,023 | A$32 |
| Debt | A$554,869 | A$167,693 | A$219,158 | A$365,066 | A$492,096 | A$95,189 | A$196,741 | A$196,741 | — | — |
| Shareholders' equity | A$141.4m | A$137.0m | A$123.0m | A$95.3m | A$37.5m | A$16.9m | A$8.1m | A$7,832 | A$7,670 | A$1,111 |
| Shares outstanding | 1,692m | 1,603m | 1,486m | 1,227m | 833m | 585m | 465m | 407m | 366m | 133m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$4.2m | −A$4.5m | −A$2.6m | −A$2.6m | −A$1.6m | −A$767,676 | −A$1.6m | −A$794 | −A$178 | −A$446 |
| Capital spending | −A$7,560 | −A$7.6m | −A$47.3m | −A$48.7m | −A$14.2m | −A$1.3m | −A$806,904 | −A$1,134 | −A$120 | −A$118 |
| Free cash flow | −A$4.3m | −A$12.1m | −A$49.9m | −A$51.2m | −A$15.8m | −A$2.1m | −A$2.4m | −A$1,929 | −A$298 | −A$564 |
| Dividends paid | — | — | — | — | — | — | −A$925 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$105,260 | A$236,982 | A$36,142 | A$135,660 | A$46,920 | A$65.5m | — |
| Gross profit | −A$86,213 | −A$89,827 | −A$87,149 | A$36,142 | −A$113,262 | −A$128,648 | A$65.4m | — |
| Operating income | −A$2.4m | −A$4.3m | −A$1.5m | −A$3.2m | −A$289 | −A$4.1m | −A$1.4m | −A$1.4m |
| Net income | −A$2.2m | −A$4.1m | −A$1.5m | −A$3.2m | −A$1,029 | −A$3,973 | −A$1.4m | −A$1.4m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Cash from operations | −A$1.0m | −A$2.0m | −A$2.0m | −A$2.0m | — | −A$2.0m | — | — |
| Capital spending | — | — | — | −A$5.0m | — | — | −A$11.0m | −A$11.0m |
| Free cash flow | — | — | — | −A$7.0m | — | — | — | — |
| Total assets | A$143.8m | A$135.6m | A$138.2m | A$140.8m | A$126.8m | A$121.5m | A$98.95bn | A$99.0m |
| Cash and short-term investments | A$10.9m | A$4.5m | A$8.8m | A$13.5m | A$3.3m | A$4.7m | A$22.93bn | A$22.9m |
| Debt | A$135,179 | A$621,778 | A$167,693 | A$137,966 | A$219,161 | A$294,095 | A$365,066 | — |
| Shareholders' equity | A$141.4m | A$134.2m | A$137.0m | A$139.5m | A$123.0m | A$108.5m | A$95.32bn | A$95.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 10.0% | 33.9% | 14.2% |
| Net income | 10.3% | 38.7% | 6.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -18.6 | -24.1 | -10.5 | -13.2 | -14.5 | -13.1 | -3.2 | -1.6 | -1.9 | 0.2 |
| Price to sales | — | 410.5 | 288.1 | — | 262.2 | 37.5 | 342.3 | 38.5 | 346.1 | 74.0 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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