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Close of 2 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$6.1m
FY2017FY2026
Net income
−A$2.5m
FY2017FY2026
Free cash flow
−A$4.4m
FY2017FY2026
Shareholders' equity
A$3.8m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$6.1m | A$4.1m | A$2.5m | A$3.7m | A$6.6m | A$4.2m | A$4.1m | A$3.4m | A$3.4m | A$2.6m |
| Research and development | A$42,235 | — | A$52,210 | A$84,430 | — | — | — | — | — | — |
| Operating income | −A$2.5m | −A$1.8m | −A$2.1m | −A$5.6m | −A$3.7m | −A$2.9m | −A$1.2m | −A$78,090 | −A$158,730 | A$103,910 |
| Net income | −A$2.5m | −A$1.9m | −A$2.3m | −A$5.6m | −A$3.7m | −A$3.5m | −A$2.4m | −A$192,497 | −A$263,098 | A$54,156 |
| Diluted earnings per share | -0.01 | -0.00 | -0.01 | -0.03 | -0.03 | -0.03 | -0.04 | -0.00 | -0.00 | 0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$7.0m | A$5.7m | A$2.4m | A$2.7m | A$7.9m | A$4.3m | A$2.3m | A$1.1m | A$1.5m | A$992,952 |
| Cash and short-term investments | A$1.2m | A$626,268 | A$254,728 | A$351,986 | A$2.3m | A$1.1m | A$136,308 | A$14,671 | A$124,210 | A$126,112 |
| Total liabilities | A$3.2m | A$1.7m | A$1.6m | A$876,817 | A$1.8m | A$1.3m | A$4.4m | A$1.0m | A$1.2m | A$574,919 |
| Debt | A$1.1m | — | A$363,998 | A$33,332 | A$66,818 | A$443,747 | A$2.3m | A$152,352 | A$152,352 | A$178,280 |
| Shareholders' equity | A$3.8m | A$4.0m | A$875,189 | A$1.8m | A$6.1m | A$3.1m | −A$2.1m | A$137,611 | A$331,048 | A$418,033 |
| Shares outstanding | 220m | 848m | 213m | 177m | 106m | 103m | 60m | 75m | 75m | 75m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$2.2m | −A$1.4m | −A$1.5m | −A$3.0m | −A$2.3m | −A$3.7m | −A$1.6m | −A$86,190 | −A$118,822 | −A$231,034 |
| Capital spending | −A$2.2m | — | −A$26,399 | −A$65,348 | −A$151,110 | −A$149,818 | −A$29,248 | −A$50,300 | −A$37,377 | −A$15,789 |
| Free cash flow | −A$4.4m | −A$1.4m | −A$1.5m | −A$3.1m | −A$2.4m | −A$3.9m | −A$1.6m | −A$136,490 | −A$156,199 | −A$246,823 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$3.0m | A$3.1m | A$2.4m | A$1.2m | A$1.7m | A$1.1m | A$1.5m | A$1.2m |
| Operating income | −A$1.6m | −A$919,099 | −A$978,204 | −A$381,600 | −A$848,533 | −A$1.2m | −A$1.1m | −A$1.7m |
| Net income | −A$1.6m | −A$992,904 | −A$1.0m | −A$501,378 | −A$899,687 | −A$1.2m | −A$1.1m | −A$3.3m |
| Diluted earnings per share | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.01 | -0.02 |
| Cash from operations | −A$1.0m | — | — | — | — | — | — | — |
| Capital spending | −A$1.0m | — | — | — | — | — | — | — |
| Free cash flow | −A$2.0m | — | — | — | — | — | — | — |
| Total assets | A$7.0m | A$8.1m | A$5.7m | A$5.7m | A$5.8m | A$2.4m | A$2.6m | A$7.9m |
| Cash and short-term investments | A$1.2m | A$2.2m | A$626,268 | A$626,268 | A$399,748 | A$254,728 | A$368,649 | A$351,986 |
| Debt | A$1.1m | — | — | A$218,191 | — | A$363,998 | — | A$33,332 |
| Shareholders' equity | A$3.8m | A$5.1m | A$4.0m | A$4.0m | A$3.9m | A$875,189 | A$1.7m | A$6.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.0% | 7.8% | — |
| Operating income | -23.4% | -2.9% | — |
| Net income | -22.9% | -5.9% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -4.5 | -0.7 | -0.5 | -0.8 | -6.6 | -7.1 |
| Price to sales | 0.2 | 2.0 | 0.7 | 0.8 | 0.4 | 5.4 | 4.1 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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