N 
3.37
0.00%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$3.44bn
FY2016FY2025
Net income
−A$165.3m
FY2016FY2025
Free cash flow
A$41.2m
FY2016FY2025
Shareholders' equity
A$1.86bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$3.44bn | A$3.35bn | A$3.48bn | A$3.77bn | A$3.22bn | A$1.60bn | A$2.67bn | A$3.31bn | A$3.11bn | A$2.79bn |
| Research and development | A$59.2m | A$54.5m | A$44.7m | A$51.1m | A$36.7m | A$83.7m | A$35.0m | A$39.0m | A$40.4m | A$39.3m |
| Operating income | A$77.6m | −A$174.7m | A$245.9m | A$211.4m | A$143.7m | −A$257.5m | A$132.9m | A$47.6m | A$290.0m | A$272.5m |
| Net income | −A$165.3m | −A$5.6m | A$111.1m | A$107.4m | A$65.1m | −A$469.2m | A$38.3m | −A$15.6m | A$114.5m | A$27.5m |
| Diluted earnings per share | -0.43 | -0.01 | 0.29 | 0.28 | 0.17 | -1.23 | 0.10 | -0.04 | 0.39 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$4.58bn | A$4.43bn | A$4.63bn | A$4.66bn | A$4.37bn | A$4.25bn | A$5.68bn | A$5.05bn | A$3.64bn | A$3.46bn |
| Cash and short-term investments | A$474.7m | A$463.6m | A$411.0m | A$585.7m | A$724.2m | A$686.6m | A$505.7m | A$301.7m | A$235.1m | A$320.0m |
| Total liabilities | A$2.47bn | A$2.22bn | A$2.32bn | A$2.51bn | A$2.25bn | A$2.22bn | A$3.27bn | A$3.08bn | A$2.04bn | A$1.91bn |
| Debt | A$1.30bn | A$1.10bn | A$1.26bn | A$931.9m | A$1.04bn | A$1.13bn | A$1.75bn | A$1.68bn | A$915.4m | A$906.9m |
| Shareholders' equity | A$1.86bn | A$2.21bn | A$2.31bn | A$2.15bn | A$2.12bn | A$2.14bn | A$2.40bn | A$1.97bn | A$1.60bn | A$1.55bn |
| Shares outstanding | 388m | 389m | 385m | 384m | 382m | 381m | 380m | 359m | 295m | 267m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$162.8m | A$472.4m | −A$125.6m | A$321.1m | A$424.2m | −A$231.5m | A$98.1m | −A$88.2m | A$55.4m | A$137.4m |
| Capital spending | −A$121.6m | −A$253.0m | −A$226.7m | −A$160.9m | −A$142.5m | −A$168.9m | −A$174.6m | −A$192.8m | −A$151.2m | −A$142.0m |
| Free cash flow | A$41.2m | A$219.4m | −A$352.4m | A$160.2m | A$281.7m | −A$400.4m | −A$76.5m | −A$281.0m | −A$95.8m | −A$4.6m |
| Dividends paid | −A$21.7m | −A$53.3m | −A$56.5m | −A$40.2m | −A$10.2m | −A$17.1m | −A$34.1m | −A$50.2m | −A$45.2m | −A$40.4m |
Latest quarters
By quarter end
| Jan 2026 | Oct 2025 | Sept 2025 | Jul 2025 | Apr 2025 | Mar 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$1.71bn | A$857.2m | A$1.63bn | A$1.63bn | A$816.2m | A$1.81bn | A$1.81bn | A$905.4m |
| Operating income | A$132.1m | A$58.4m | −A$20.8m | −A$22.1m | −A$82.8m | A$102.7m | A$99.7m | A$46.0m |
| Net income | A$38.2m | A$19.1m | −A$205.9m | −A$195.1m | −A$500 | A$18.9m | A$14.9m | A$14.9m |
| Diluted earnings per share | 0.10 | 0.05 | -0.54 | -0.50 | -0.00 | 0.05 | 0.04 | 0.04 |
| Cash from operations | −A$349.0m | −A$174.0m | — | A$621.0m | A$310.0m | — | −A$459.0m | −A$229.0m |
| Capital spending | −A$33.0m | −A$16.0m | — | −A$49.0m | −A$24.0m | — | −A$35.0m | −A$35.0m |
| Free cash flow | −A$382.0m | −A$190.0m | — | A$572.0m | A$286.0m | — | −A$494.0m | −A$264.0m |
| Total assets | A$4.80bn | A$4.80bn | A$4.54bn | A$4.58bn | A$4.54bn | A$5.33bn | A$5.33bn | A$5.33bn |
| Cash and short-term investments | A$358.0m | A$358.0m | A$474.7m | A$474.7m | A$474.7m | A$301.0m | A$301.0m | A$301.0m |
| Debt | A$276.1m | A$276.1m | A$1.03bn | A$1.30bn | A$265.1m | A$1.48bn | A$1.66bn | A$182.2m |
| Shareholders' equity | A$1.82bn | A$1.82bn | A$1.86bn | A$1.86bn | A$1.86bn | A$2.06bn | A$2.31bn | A$2.06bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.0% | 16.5% | 2.3% |
| Operating income | -28.4% | — | -10.1% |
| Net income | — | -18.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1.4% | 2.6% | 1.3% | 3.6% |
| Net margin | -2.5% | 0.3% | -1.9% | -0.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.5 | -246.8 | 18.1 | 22.0 | 28.4 | -3.4 | 57.8 | -137.7 | 22.6 | 88.9 |
| Price to sales | 0.3 | 0.4 | 0.6 | 0.6 | 0.6 | 1.0 | 0.8 | 0.7 | 0.8 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 May 2024.
| FY2024 | FY2023 | FY2022 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.09 | 0.11 | 0.08 | 0.06 | 0.126 | 0.115 | 0.096 | 0.086 |
- 2.2-for-1 split · 27 Oct 1993
- 11-for-10 split · 22 Oct 1992
- 11-for-10 split · 28 Oct 1991
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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