N 
0.08
-1.22%
Close of 9 Nov 2026, in AUD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$5.6m
FY2016FY2025
Net income
−$92.7m
FY2016FY2025
Free cash flow
−$102.4m
FY2016FY2025
Shareholders' equity
$161.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6m | $5.9m | $8.1m | $3.0m | $7.7m | $4.0m | $5.0m | $2.3m | $2.4m | $99,300 |
| Research and development | $5.7m | $4.8m | $5.8m | $2.0m | $5.1m | $1.8m | — | — | — | — |
| Operating income | −$52.2m | −$54.4m | −$50.1m | −$28.3m | −$43.2m | −$9.9m | −$14.8m | −$10.8m | −$8.2m | −$5.4m |
| Net income | −$92.7m | −$74.8m | −$46.2m | −$27.9m | −$51.9m | −$11.8m | −$20.0m | −$26.1m | −$10.3m | −$6.1m |
| Diluted earnings per share | -0.14 | -0.15 | -0.09 | -0.06 | -0.11 | -0.03 | -0.15 | -0.15 | -0.06 | -0.05 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $282.9m | $226.1m | $263.3m | $277.4m | $303.0m | $152.3m | $75.3m | $34.9m | $34.2m | $34.0m |
| Cash and short-term investments | $79.9m | $42.6m | $78.7m | $99.0m | $142.7m | $102.6m | $38.8m | $6.1m | $396,200 | $2.4m |
| Total liabilities | $121.2m | $88.5m | $79.4m | $51.4m | $51.8m | $13.9m | $8.7m | $19.1m | $2.6m | $13.1m |
| Debt | $100.3m | $71.5m | $69.4m | $41.3m | $42.3m | $10.4m | $5.1m | $17.2m | $1.7m | $9.2m |
| Shareholders' equity | $161.7m | $137.6m | $183.9m | $226.1m | $251.1m | $138.4m | $66.5m | $15.8m | $31.6m | $20.8m |
| Shares outstanding | 682m | 497m | 487m | 487m | 464m | 366m | 136m | 171m | 161m | 114m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$42.2m | −$40.4m | −$36.2m | −$18.9m | −$26.2m | −$5.3m | −$3.6m | −$2.6m | −$2.5m | −$975,400 |
| Capital spending | −$60.2m | −$29.9m | −$19.2m | −$24.5m | −$75.0m | −$17.0m | −$3.6m | −$1.4m | −$1.8m | −$1.4m |
| Free cash flow | −$102.4m | −$70.3m | −$55.4m | −$43.4m | −$101.1m | −$22.3m | −$7.2m | −$4.0m | −$4.3m | −$2.4m |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8m | $2.8m | $3.1m | $3.7m | $4.1m | $3.9m | $3.0m | $4.0m |
| Operating income | −$25.8m | −$26.4m | −$24.5m | −$29.0m | −$21.1m | −$28.8m | −$28.0m | −$26.2m |
| Net income | −$72.6m | −$20.1m | −$46.1m | −$28.7m | −$18.1m | −$28.0m | −$28.0m | −$30.8m |
| Diluted earnings per share | -0.10 | -0.03 | -0.09 | -0.06 | -0.04 | -0.06 | -0.06 | -0.06 |
| Total assets | $282.9m | $239.0m | $226.1m | $240.8m | $263.3m | $281.0m | $277.0m | $303.0m |
| Cash and short-term investments | $79.9m | $24.8m | $42.6m | $47.1m | $78.7m | $99.1m | $99.0m | $142.7m |
| Debt | $37.7m | $38.6m | $39.3m | $69.9m | $67.7m | $68.0m | $40.0m | $41.0m |
| Shareholders' equity | $161.7m | $143.8m | $137.6m | $158.1m | $183.9m | $202.0m | $226.0m | $251.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 23.0% | 7.1% | 66.3% |
| Operating income | 22.7% | 39.5% | 47.2% |
| Net income | 49.3% | 51.0% | 53.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -929.5% | -820.6% | -695.5% | -631.7% |
| Net margin | -1460.6% | -1072.0% | -892.1% | -837.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -2.2 | -3.4 | -5.5 | -18.1 | -57.9 | -26.4 |
| Price to sales | 35.9 | 43.9 | 31.3 | 166.8 | 390.3 | 78.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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