P 
0.06
+3.70%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
—
FY2017FY2026
Net income
−A$7.0m
FY2017FY2026
Free cash flow
−A$7.2m
FY2017FY2026
Shareholders' equity
A$14.2m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$4.4m | A$3.7m | A$2.4m | A$1.9m | A$1.2m | A$1.0m | A$72,110 | A$939,771 | A$166,220 |
| Research and development | A$5.3m | A$6.7m | A$7.0m | A$6.2m | A$3.4m | A$2.5m | A$2.8m | A$3.7m | A$2.1m | A$2.4m |
| Operating income | −A$10.6m | −A$7.5m | −A$7.2m | −A$9.9m | −A$7.1m | −A$5.4m | −A$4.5m | −A$3.8m | −A$3.6m | −A$3.8m |
| Net income | −A$7.0m | −A$7.3m | −A$8.2m | −A$7.0m | −A$5.1m | −A$4.1m | −A$3.3m | −A$3.8m | −A$2.6m | −A$2.6m |
| Diluted earnings per share | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$16.3m | A$14.6m | A$20.4m | A$28.1m | A$17.6m | A$21.0m | A$12.1m | A$15.0m | A$10.0m | A$12.2m |
| Cash and short-term investments | A$9.0m | A$6.9m | A$14.5m | A$21.9m | A$12.3m | A$16.1m | A$7.4m | A$9.7m | A$5.5m | A$7.7m |
| Total liabilities | A$2.1m | A$3.2m | A$2.3m | A$2.0m | A$856,013 | A$539,677 | A$883,951 | A$685,793 | A$551,560 | A$444,895 |
| Debt | A$222,971 | — | A$330,486 | — | — | A$165,829 | A$156,880 | A$156,880 | A$56,046 | A$20,000 |
| Shareholders' equity | A$14.2m | A$11.4m | A$18.1m | A$26.1m | A$16.8m | A$20.4m | A$11.2m | A$14.3m | A$9.4m | A$11.8m |
| Shares outstanding | 1,052m | 1,003m | 805m | 805m | 683m | 645m | 562m | 394m | 212m | 210m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$7.2m | −A$7.2m | −A$7.4m | −A$6.2m | −A$4.3m | −A$4.0m | −A$2.3m | −A$4.2m | −A$2.1m | −A$3.3m |
| Capital spending | — | — | −A$3 | — | −A$4,429 | −A$2,314 | −A$2,314 | −A$2,314 | −A$1,522 | −A$1,686 |
| Free cash flow | −A$7.2m | −A$7.2m | −A$7.4m | −A$6.2m | −A$4.3m | −A$4.0m | −A$2.3m | −A$4.2m | −A$2.2m | −A$3.3m |
| Dividends paid | — | — | — | — | — | −A$12.7m | — | −A$7.7m | −A$2,473 | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$3,710 | A$3.1m | A$1.2m | A$1.8m | A$1.9m | A$1.2m | A$586,767 |
| Operating income | −A$5.5m | −A$5.1m | −A$4.9m | −A$2.6m | −A$3.2m | −A$4.0m | −A$5.6m | −A$2.2m |
| Net income | −A$3.0m | −A$4.0m | −A$4.9m | −A$2.4m | −A$4.6m | −A$3.6m | −A$4.1m | −A$2.1m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.01 | -0.00 |
| Cash from operations | — | −A$6.0m | −A$1.0m | −A$5.0m | −A$3.0m | −A$3.0m | −A$4.0m | −A$2.0m |
| Total assets | A$16.3m | A$18.5m | A$14.6m | A$16.6m | A$20.4m | A$24.8m | A$28.1m | A$28.1m |
| Cash and short-term investments | A$9.0m | A$9.8m | A$6.9m | A$8.4m | A$14.5m | A$18.4m | A$21.9m | A$21.9m |
| Debt | A$107,127 | A$272,914 | — | A$34,275 | A$330,486 | — | — | — |
| Shareholders' equity | A$14.2m | A$17.0m | A$11.4m | A$15.6m | A$18.1m | A$22.6m | A$26.1m | A$23.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 2.3% | 14.3% | 14.5% |
| Net income | -0.0% | 11.0% | 14.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -8.0 | -11.5 | -4.9 | -7.1 | -18.0 | -35.7 | -11.3 | -6.3 | -5.6 | -5.4 |
| Price to sales | — | 19.3 | 10.8 | 20.6 | 48.8 | 125.1 | 36.6 | 333.5 | 15.4 | 83.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 21 Oct 1993.
| FY1994 | FY1991 | |
|---|---|---|
| Paid in the year | 8.803 | 7.042 |
- 20-to-1 reverse split · 2 Dec 2014
- 10-to-1 reverse split · 4 Sept 2013
- 1.136-for-1 split · 17 Jul 1997
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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