M 
0.01
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Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
—
FY2016FY2025
Net income
−A$3.2m
FY2016FY2025
Free cash flow
−A$1.7m
FY2016FY2025
Shareholders' equity
A$3.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$25,363 | A$17,713 | A$7,410 | — | — | — | A$263,360 | A$21,392 | A$47,065 |
| Gross profit | −A$3,755 | A$25,363 | A$13,409 | −A$170,111 | −A$111,444 | — | −A$55,219 | −A$49,919 | −A$21,888 | A$293 |
| Research and development | — | — | — | — | — | — | — | A$201,735 | A$201,826 | A$16,544 |
| Operating income | −A$2.1m | −A$1.0m | −A$2.3m | −A$6.9m | −A$10.5m | −A$6.9m | −A$5.5m | −A$7.5m | −A$4.4m | −A$4.7m |
| Net income | −A$3.2m | −A$3.7m | −A$7.1m | −A$8.2m | A$20.5m | −A$9.0m | −A$7.5m | −A$8.0m | −A$4.1m | −A$4.7m |
| Diluted earnings per share | -0.00 | -0.00 | -0.01 | -0.01 | 0.04 | -0.03 | -0.05 | -0.06 | -0.07 | -0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$4.3m | A$3.4m | A$7.0m | A$12.1m | A$15.5m | A$10.2m | A$5.5m | A$6.7m | A$7.1m | A$6.4m |
| Cash and short-term investments | A$3.7m | A$512,613 | A$1.3m | A$1.2m | A$2.0m | A$1.5m | A$304,633 | A$1.3m | A$1.8m | A$1.1m |
| Total liabilities | A$598,749 | A$451,337 | A$112,880 | A$271,594 | A$420,792 | A$10.6m | A$9.5m | A$6.5m | A$390,977 | A$548,119 |
| Debt | — | — | — | — | — | — | A$8.7m | A$5.8m | — | — |
| Shareholders' equity | A$3.7m | A$3.1m | A$6.9m | A$11.9m | A$14.7m | −A$365,811 | −A$4.0m | A$203,045 | A$6.7m | A$5.9m |
| Shares outstanding | 1,419m | 864m | 864m | 704m | 546m | 334m | 163m | 132m | 61m | 51m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$1.7m | −A$877,463 | −A$2.2m | −A$7.0m | −A$5.0m | −A$7.4m | −A$5.3m | −A$5.8m | −A$3.9m | −A$4.3m |
| Capital spending | −A$2,290 | −A$3 | — | −A$19,000 | −A$40,810 | −A$1.3m | −A$15,495 | −A$36,464 | −A$41,128 | −A$5,561 |
| Free cash flow | −A$1.7m | −A$877,466 | −A$2.2m | −A$7.1m | −A$5.0m | −A$8.7m | −A$5.4m | −A$5.9m | −A$4.0m | −A$4.3m |
| Dividends paid | — | — | — | — | — | — | −A$1.4m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$34,875 | A$71,816 | A$11,134 | −A$7,061 | A$39,485 | A$4,720 | A$8,857 | A$8,274 |
| Gross profit | −A$1,702 | −A$2,010 | A$11,134 | −A$7,061 | A$39,485 | −A$1,789 | A$8,857 | −A$2,515 |
| Operating income | −A$1.1m | −A$1.2m | −A$910,817 | −A$596,905 | −A$374,852 | −A$965,540 | −A$1.6m | −A$1.3m |
| Net income | −A$988,510 | −A$660,648 | −A$2.5m | −A$690,429 | −A$3.0m | −A$2.0m | −A$1.0m | −A$5.0m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 |
| Cash from operations | −A$1.0m | −A$1.0m | — | — | — | −A$1.0m | — | −A$1.0m |
| Total assets | A$3.4m | A$4.3m | A$4.9m | A$3.4m | A$3.9m | A$7.0m | A$7.0m | A$9.1m |
| Cash and short-term investments | A$2.7m | A$3.7m | A$4.3m | A$512,613 | A$903,575 | A$1.3m | A$1.3m | A$2.2m |
| Shareholders' equity | A$2.8m | A$3.7m | A$4.4m | A$3.1m | A$3.9m | A$6.9m | A$6.9m | A$9.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -32.2% | -20.9% | 8.1% |
| Net income | -27.1% | -18.8% | 9.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.7 | -2.1 | -1.5 | -2.1 | 1.6 | -1.9 | -2.9 | -3.0 | -5.0 | -3.9 |
| Price to sales | — | 306.5 | — | — | — | — | — | 92.7 | — | 389.7 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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