N 
23.84
+2.58%
Close of 9 Nov 2026, in AUD
Search any instrument
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.
Net income
A$30.4m
FY2016FY2025
Free cash flow
A$125.4m
FY2016FY2025
Shareholders' equity
A$338.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | A$36.4m | A$33.0m | A$26.8m | A$12.7m | A$9.5m | A$7.8m | A$9.9m | A$6.1m | A$5.1m | A$13.3m |
| Operating income | A$22.0m | A$175.6m | A$172.5m | −A$1.6m | −A$11.4m | −A$9.5m | −A$11.6m | A$5.8m | −A$6.7m | −A$15.2m |
| Net income | A$30.4m | A$142.0m | A$157.1m | A$184,000 | −A$7.8m | −A$9.2m | −A$10.8m | A$3.1m | A$3.3m | −A$12.0m |
| Diluted earnings per share | 0.23 | 1.09 | 1.20 | 0.00 | -0.06 | -0.08 | -0.11 | 0.03 | 0.03 | -0.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$342.9m | A$409.7m | A$248.0m | A$43.3m | A$40.1m | A$25.0m | A$14.4m | A$26.6m | A$17.9m | A$6.2m |
| Cash and short-term investments | A$296.1m | A$222.2m | A$228.5m | A$40.2m | A$36.8m | A$24.2m | A$13.8m | A$23.6m | A$4.7m | A$5.1m |
| Total liabilities | A$4.4m | A$45.8m | A$42.8m | A$1.7m | A$803,000 | A$753,000 | A$559,000 | A$2.0m | A$1.6m | A$2.0m |
| Debt | — | — | — | — | — | — | — | — | A$9.1m | — |
| Shareholders' equity | A$338.5m | A$363.9m | A$205.2m | A$41.6m | A$39.3m | A$24.2m | A$13.8m | A$24.7m | A$16.4m | A$4.2m |
| Shares outstanding | 133m | 131m | 131m | 126m | 129m | 117m | 103m | 102m | 98m | 81m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$125.4m | −A$11.3m | A$184.9m | A$3.6m | −A$10.0m | −A$8.1m | −A$11.7m | A$6.4m | −A$5.6m | −A$12.4m |
| Capital spending | −A$37,000 | −A$10,000 | −A$40,000 | −A$19,000 | −A$10,000 | −A$6,000 | −A$12,000 | −A$12,000 | −A$12,000 | −A$10,000 |
| Free cash flow | A$125.4m | −A$11.3m | A$184.9m | A$3.6m | −A$10.0m | −A$8.1m | −A$11.7m | A$6.4m | −A$5.6m | −A$12.4m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | A$2.7m | A$11.1m | −A$4.0m | A$160.0m | −A$13.8m | A$151.1m | A$48.1m | A$5.7m |
| Net income | A$4.9m | A$15.4m | A$15.0m | A$134.0m | A$8.0m | A$109.3m | A$47.8m | A$7.2m |
| Diluted earnings per share | 0.04 | 0.12 | 0.11 | 1.03 | 0.06 | 0.83 | 0.36 | 0.06 |
| Cash from operations | A$8.0m | −A$2.0m | A$128.0m | A$9.0m | −A$20.0m | A$140.0m | A$44.0m | A$9.0m |
| Total assets | A$340.6m | A$342.9m | A$331.3m | A$409.7m | A$228.2m | A$248.0m | A$97.5m | A$43.3m |
| Cash and short-term investments | A$286.5m | A$296.1m | A$299.5m | A$222.2m | A$213.2m | A$228.5m | A$85.7m | A$40.2m |
| Shareholders' equity | A$333.4m | A$338.5m | A$323.3m | A$363.9m | A$219.2m | A$205.2m | A$91.5m | A$41.6m |
Financial ratios
Data as of 3 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2011 | FY2010 | FY2009 | FY2008 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 34.1% | 82.3% | 85.9% | -4.7% | -343.8% | -1382.1% | — | — | — | — |
| Net margin | 47.1% | 66.6% | 67.7% | 1.3% | -243.8% | -1282.1% | — | — | — | — |
| Return on equity | 9.0% | 39.0% | 76.5% | 0.4% | -19.9% | -38.0% | — | — | — | — |
| Return on assets | 8.9% | 34.7% | 63.3% | 0.4% | -19.5% | -36.8% | — | — | — | — |
| Free cash flow yield | 4.6% | -0.4% | 6.8% | 0.1% | -0.4% | -0.3% | — | — | — | — |
| Revenue growth | -69.7% | -8.1% | 1493.7% | 355.2% | 345.9% | 44.8% | — | — | — | — |
| Earnings growth | -78.6% | -9.6% | 85270.1% | -102.4% | -15.2% | -15.0% | — | — | — | — |
| Current ratio | 76.60x | 8.73x | 5.78x | 25.77x | 49.87x | 33.12x | — | — | — | — |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | — | — | — | — |
| Equity ratio | 98.7% | 88.8% | 82.8% | 96.1% | 98.0% | 97.0% | — | — | — | — |
| Interest coverage | — | — | — | -1.74x | -3.02x | — | -782.88x | -3285.49x | -10.00x | -593.55x |
| R&D as a share of sales | 56.3% | 15.5% | 11.5% | 87.3% | 297.7% | 1082.7% | — | — | — | — |
| Buybacks as a share of market value | -1.4% | 0.3% | -4.0% | 2.3% | -10.6% | -13.6% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 64.4% | 146.0% | 44.1% |
| Net income | 448.9% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 71.1% | 70.3% | 65.8% | 55.2% |
| Net margin | 62.1% | 62.9% | 59.2% | 51.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 81.0 | 11.5 | 20.8 | — | -62.4 | -16.3 | -23.5 | 46.3 | 54.5 | -4.5 |
| Price to sales | 38.2 | 7.7 | 14.1 | 68.8 | 152.1 | 209.0 | — | 10.2 | 284.3 | 17.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 21 Nov 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.