R 
0.01
+7.14%
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$3.4m
FY2017FY2026
Free cash flow
−A$2.8m
FY2017FY2026
Shareholders' equity
A$1.6m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$17,130 | A$23,630 | A$2,237 | A$212 | A$2,500 | A$1,260 | A$0 | A$58,050 | — |
| Gross profit | −A$12,034 | −A$8,127 | −A$12,096 | −A$6,479 | −A$28,456 | −A$53,700 | −A$52,618 | −A$38,085 | −A$17,356 | — |
| Research and development | — | — | — | — | — | — | — | — | — | A$5.5m |
| Operating income | −A$3.8m | −A$1.0m | −A$2.5m | −A$3.4m | −A$6.6m | −A$1.7m | −A$1.7m | −A$3.9m | −A$7.4m | −A$66,930 |
| Net income | −A$3.4m | −A$510,854 | −A$6.9m | −A$2.6m | −A$10.2m | −A$1.6m | −A$1.7m | −A$3.9m | −A$7.4m | −A$66,931 |
| Diluted earnings per share | -0.00 | -0.00 | -0.01 | -0.00 | -0.01 | -0.00 | -0.00 | -0.03 | -0.09 | -0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$1.9m | A$283,336 | A$7.8m | A$12.9m | A$10.4m | A$7.2m | A$6.2m | A$5.0m | A$7.7m | A$18.0m |
| Cash and short-term investments | A$1.8m | A$232,629 | A$785,193 | A$4.9m | A$3.4m | A$294,434 | A$1.3m | A$406,597 | A$2.9m | A$7.5m |
| Total liabilities | A$270,314 | A$233,644 | A$228,173 | A$537,357 | A$2.7m | A$1.3m | A$331,354 | A$492,163 | A$215,256 | A$199,940 |
| Debt | A$35,195 | — | — | — | A$14,556 | A$14,556 | A$35,337 | A$121,537 | — | A$8.7m |
| Shareholders' equity | A$1.6m | A$49,692 | A$7.6m | A$12.3m | A$7.7m | A$5.9m | A$5.9m | A$4.5m | A$7.5m | A$17.8m |
| Shares outstanding | 2,302m | 1,871m | 990m | 952m | 813m | 446m | 337m | 150m | 83m | 54m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$2.8m | −A$2.2m | −A$3.7m | −A$1.3m | −A$888,571 | −A$905,530 | −A$692,578 | −A$916,792 | −A$7.4m | −A$56,880 |
| Capital spending | −A$3 | −A$2 | −A$1.7m | −A$3.1m | −A$917,204 | −A$1.7m | −A$357,914 | −A$2.5m | −A$1.9m | −A$600 |
| Free cash flow | −A$2.8m | −A$2.2m | −A$5.4m | −A$4.4m | −A$1.8m | −A$2.6m | −A$1.1m | −A$3.4m | −A$9.3m | −A$57,480 |
| Dividends paid | — | — | — | — | — | −A$103,247 | — | −A$100,000 | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$1,040 | A$4,100 | A$13,030 | A$3,820 | A$19,810 | A$23,114 | A$23,114 |
| Gross profit | −A$7,433 | −A$4,601 | −A$3,164 | −A$4,963 | −A$5,641 | −A$6,455 | −A$3,919 | A$23,114 |
| Operating income | −A$1.4m | −A$2.4m | −A$1.6m | −A$2.6m | −A$1.5m | −A$1.0m | −A$1.5m | −A$994,274 |
| Net income | −A$975,581 | −A$2.4m | A$1.6m | −A$2.1m | −A$1.1m | −A$5.8m | −A$1.2m | −A$735,831 |
| Diluted earnings per share | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 |
| Cash from operations | −A$1.0m | −A$1.0m | — | −A$1.0m | −A$1.0m | — | — | — |
| Capital spending | −A$1.0m | −A$1.0m | — | — | — | — | −A$1.0m | — |
| Free cash flow | −A$2.0m | −A$2.0m | — | — | — | — | — | — |
| Total assets | A$1.9m | A$684,528 | A$283,336 | A$1.3m | A$7.8m | A$7.7m | A$12.9m | A$12.9m |
| Cash and short-term investments | A$1.8m | A$523,112 | A$232,629 | A$1.2m | A$785,193 | A$1.0m | A$4.9m | A$4.9m |
| Debt | A$14,509 | A$41,828 | — | — | — | — | — | — |
| Shareholders' equity | A$1.6m | A$502,048 | A$49,692 | A$1.2m | A$7.6m | A$7.1m | A$12.3m | A$6.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 3.1% | 17.9% | -16.7% |
| Net income | 8.9% | 15.7% | -17.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.8 | -25.6 | -0.3 | -2.4 | -1.4 | -2.5 | -5.4 | -0.2 | -0.4 | -62.5 |
| Price to sales | — | — | 100.5 | — | — | — | — | — | 49.7 | — |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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