P 
0.21
+2.50%
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
$2.0m
FY2016FY2025
Net income
−$12.5m
FY2016FY2025
Free cash flow
—
FY2016FY2025
Shareholders' equity
$170.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0m | $13.2m | $40.5m | $18.3m | $9.8m | $6.1m | $6.8m | $13.2m | $18.3m | $5.8m |
| Research and development | $19,000 | $67,000 | — | $10,000 | $12,000 | — | — | — | — | — |
| Operating income | −$18.0m | −$4.5m | −$2.1m | −$98,000 | −$537,000 | −$3.3m | −$11.2m | $11.6m | −$5.8m | −$4.0m |
| Net income | −$12.5m | −$12.4m | −$3.5m | −$4.6m | −$1.4m | −$7.6m | −$42.5m | $503,000 | −$74.7m | −$3.5m |
| Diluted earnings per share | -0.06 | -0.01 | -0.04 | -0.07 | -0.00 | -0.02 | -0.14 | — | -0.32 | -0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $208.7m | $213.2m | $110.0m | $88.2m | $101.3m | $82.3m | $70.3m | $111.2m | $119.4m | $160.8m |
| Cash and short-term investments | $9.4m | $100.0m | $21.6m | $7.8m | $6.9m | $12.1m | $5.5m | $12.0m | $11.4m | $3.8m |
| Total liabilities | $38.6m | $27.0m | $17.9m | $13.7m | $22.5m | $14.4m | $28.4m | $29.8m | $40.8m | $29.4m |
| Debt | $2,000 | $1,000 | $4,000 | $8,000 | $616,000 | $615,000 | $16.0m | $16.0m | $22.0m | $18.7m |
| Shareholders' equity | $170.1m | $186.2m | $92.1m | $74.5m | $78.8m | $67.8m | $42.0m | $81.5m | $78.6m | $131.4m |
| Shares outstanding | 215m | 2,333m | 79m | 69m | 921m | 332m | 283m | 335m | 231m | 205m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | — | $5.0m | $2.0m | −$17.3m | −$8.0m | −$6.9m | $13.6m | −$2.4m | −$4.7m |
| Capital spending | — | — | −$12.4m | −$1.0m | −$192,000 | −$344,000 | −$1.5m | −$3.5m | −$11.3m | −$35.1m |
| Free cash flow | — | — | −$7.3m | $1.0m | −$17.5m | −$8.4m | −$8.4m | $10.1m | −$13.6m | −$39.8m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $501,000 | $1.5m | $1.1m | $12.1m | $28.2m | $14.1m | $12.3m | $6.2m |
| Operating income | −$10.6m | −$7.5m | −$3.5m | −$1.0m | −$851,000 | −$444,000 | −$1.3m | $313,000 |
| Net income | −$4.7m | −$7.7m | −$4.0m | −$8.4m | −$956,000 | −$438,000 | −$2.6m | −$1.3m |
| Diluted earnings per share | -0.02 | -0.07 | -0.00 | -0.10 | -0.01 | — | -0.00 | -0.00 |
| Total assets | $208.7m | $213.6m | $213.2m | $108.9m | $110.0m | $110.0m | $118.9m | $118.9m |
| Cash and short-term investments | $9.2m | $44.9m | $99.9m | $17.9m | $21.5m | $21.5m | $25.1m | $25.1m |
| Debt | — | — | — | — | $1,000 | $1,000 | $3,000 | $3,000 |
| Shareholders' equity | $170.1m | $177.3m | $186.2m | $83.7m | $92.1m | $91.1m | $93.0m | $91.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -51.9% | -19.8% | 29.5% |
| Operating income | 468.1% | 40.3% | 13.3% |
| Net income | 39.2% | 10.3% | 10.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -147.8% | -33.3% | -31.7% | -32.2% |
| Net margin | -163.9% | -44.7% | -46.9% | -124.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -7.8 | -166.7 | -32.3 | -26.5 | -1763.8 | -68.5 |
| Price to sales | 48.1 | 157.1 | 2.8 | 6.7 | 258.3 | 85.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 25 Nov 2024
- 40-to-1 reverse split · 28 Sept 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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