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At a glance
Figures in AUD, from our data supplier.
Revenue
A$26,700
FY2016FY2025
Net income
−A$1.3m
FY2016FY2025
Free cash flow
−A$1.2m
FY2016FY2025
Shareholders' equity
−A$94,000
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$26,700 | A$5,300 | A$26,400 | A$1,600 | A$3,200 | A$3,300 | A$19,700 | A$27,900 | A$12,700 | A$17,400 |
| Research and development | A$447,600 | A$528,200 | A$1.1m | A$1.3m | A$1.3m | A$654,600 | A$858,300 | A$734,100 | A$345,100 | A$923,300 |
| Operating income | −A$1.3m | −A$1.1m | −A$1.7m | −A$2.0m | −A$1.7m | −A$1.1m | −A$1.4m | −A$1.3m | −A$954,800 | −A$1.4m |
| Net income | −A$1.3m | −A$1.0m | −A$1.7m | −A$2.0m | −A$1.7m | −A$862,700 | −A$1.4m | −A$1.3m | −A$766,000 | −A$1.4m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$90,100 | A$775,500 | A$135,800 | A$979,600 | A$635,200 | A$144,900 | A$961,100 | A$1.6m | A$912,800 | A$446,400 |
| Cash and short-term investments | A$83,500 | A$690,900 | A$30,100 | A$947,700 | A$596,800 | A$120,000 | A$902,800 | A$1.5m | A$855,300 | A$359,000 |
| Total liabilities | A$184,100 | A$138,900 | A$192,800 | A$153,100 | A$124,000 | A$54,300 | A$370,700 | A$94,700 | A$48,700 | A$45,200 |
| Shareholders' equity | −A$94,000 | A$636,600 | −A$57,000 | A$826,600 | A$511,200 | A$90,600 | A$590,400 | A$1.5m | A$864,000 | A$401,200 |
| Shares outstanding | 2,032m | 1,252m | 939m | 814m | 622m | 398m | 336m | 312m | 261m | 203m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$1.2m | −A$1.0m | −A$1.7m | −A$1.9m | −A$1.6m | −A$1.0m | −A$1.1m | −A$1.2m | −A$687,200 | −A$1.4m |
| Capital spending | — | — | −A$13,000 | −A$47,500 | −A$2,900 | — | −A$8,700 | −A$1,000 | −A$10,800 | −A$7,700 |
| Free cash flow | −A$1.2m | −A$1.0m | −A$1.7m | −A$1.9m | −A$1.6m | −A$1.0m | −A$1.1m | −A$1.2m | −A$698,000 | −A$1.4m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$17,000 | A$9,800 | A$3,700 | A$1,600 | A$24,200 | A$2,100 | A$500 | A$1,100 |
| Operating income | −A$763,900 | −A$523,000 | −A$567,700 | −A$504,200 | −A$1.2m | −A$449,700 | −A$682,300 | −A$1.3m |
| Net income | −A$763,900 | −A$523,000 | −A$534,800 | −A$496,700 | −A$1.2m | −A$449,700 | −A$682,300 | −A$1.3m |
| 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$1.0m |
| Total assets | A$90,100 | A$734,500 | A$775,500 | A$46,300 | A$135,800 | A$443,600 | A$979,600 | A$898,400 |
| Cash and short-term investments | A$83,500 | A$688,300 | A$690,900 | A$900 | A$30,100 | A$420,600 | A$947,700 | A$810,700 |
| Debt | — | — | — | A$239,000 | — | — | — | — |
| Shareholders' equity | −A$94,000 | A$658,500 | A$636,600 | −A$586,400 | −A$57,000 | A$384,700 | A$826,600 | A$761,600 |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 155.5% | 51.9% | 6.0% |
| Operating income | -13.3% | 2.5% | 2.3% |
| Net income | -13.3% | 8.3% | 4.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -7370.9% | -10024.2% | -13335.5% | -9413.1% |
| Net margin | -7244.7% | -9956.8% | -12845.3% | -8956.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.7 | -0.6 | -0.8 | -1.2 | -1.8 | -2.4 | -0.4 | -1.5 | -3.4 | -0.7 |
| Price to sales | 228.3 | 118.1 | 53.4 | — | — | — | 28.6 | 69.9 | 207.0 | 56.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 27 Nov 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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