P 
0.02
—
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$8,985
FY2017FY2026
Net income
−A$3.4m
FY2017FY2026
Free cash flow
−A$2.2m
FY2017FY2026
Shareholders' equity
A$10.2m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$8,985 | A$828,540 | A$1.4m | A$2.9m | A$27,500 | A$27,500 | A$27,500 | A$844,365 | A$520,525 | A$53,263 |
| Research and development | A$1.7m | A$1.8m | A$3.1m | A$7.5m | A$8.1m | A$2.9m | A$1.4m | A$1.7m | A$1.3m | A$1.3m |
| Operating income | −A$3.4m | −A$2.7m | −A$3.5m | −A$9.9m | −A$11.4m | −A$5.9m | −A$3.5m | −A$3.4m | −A$2.5m | −A$2.4m |
| Net income | −A$3.4m | −A$3.0m | −A$3.5m | −A$7.1m | −A$6.8m | −A$4.1m | −A$2.7m | −A$411,326 | −A$2.5m | −A$1.1m |
| Diluted earnings per share | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -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$11.1m | A$1.7m | A$4.2m | A$7.5m | A$14.0m | A$12.9m | A$5.4m | A$7.9m | A$8.0m | A$3.2m |
| Cash and short-term investments | A$3.4m | A$742,441 | A$2.2m | A$4.0m | A$9.8m | A$10.9m | A$4.0m | A$6.5m | A$6.6m | A$1.9m |
| Total liabilities | A$918,552 | A$1.0m | A$691,365 | A$686,898 | A$542,825 | A$849,864 | A$498,384 | A$637,424 | A$681,772 | A$495,534 |
| Shareholders' equity | A$10.2m | A$732,874 | A$3.5m | A$6.8m | A$13.4m | A$12.0m | A$4.9m | A$7.3m | A$7.3m | A$2.7m |
| Shares outstanding | 411m | 268m | 2,056m | 2,035m | 2,055m | 1,868m | 1,420m | 1,082m | 1,070m | 777m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$2.2m | −A$1.8m | −A$1.8m | −A$5.8m | −A$8.7m | −A$3.9m | −A$2.5m | −A$129,185 | −A$2.1m | −A$1.3m |
| Capital spending | −A$3,854 | −A$2 | −A$3,236 | — | −A$2,289 | −A$3,887 | −A$3,887 | −A$4,062 | −A$4,125 | −A$2,771 |
| Free cash flow | −A$2.2m | −A$1.8m | −A$1.8m | −A$5.8m | −A$8.7m | −A$3.9m | −A$2.5m | −A$133,247 | −A$2.1m | −A$1.3m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$6,686 | A$2,300 | A$98,079 | A$730,461 | A$724,729 | A$669,434 | A$1.0m | A$512,955 |
| Operating income | −A$400,919 | −A$3.0m | −A$1.2m | −A$1.5m | −A$1.6m | −A$2.0m | −A$4.2m | −A$1.6m |
| Net income | −A$393,388 | −A$3.0m | −A$1.5m | −A$1.5m | −A$1.6m | −A$2.0m | −A$3.2m | −A$1.6m |
| Diluted earnings per share | -0.00 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Cash from operations | −A$1.0m | — | −A$1.0m | — | −A$2.0m | — | −A$1.0m | — |
| Total assets | A$11.1m | A$2.0m | A$1.7m | A$3.4m | A$4.2m | A$5.6m | A$7.5m | A$7.5m |
| Cash and short-term investments | A$3.4m | A$1.9m | A$742,441 | A$2.2m | A$2.2m | A$4.5m | A$4.0m | A$4.0m |
| Shareholders' equity | A$10.2m | A$1.5m | A$732,874 | A$2.0m | A$3.5m | A$5.0m | A$6.8m | A$4.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -85.3% | -20.0% | -29.0% |
| Operating income | -29.7% | -10.2% | 7.1% |
| Net income | -21.5% | -3.4% | 12.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -732.3% | -384.2% | -715.5% | -732.6% |
| Net margin | -767.5% | -335.0% | -542.4% | -520.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | |
|---|---|---|
| Price to earnings | -2.6 | -2.5 |
| Price to sales | — | 9.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 15-to-1 reverse split · 13 Oct 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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