R 
0.02
+9.09%
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$3.0m
FY2017FY2026
Free cash flow
−A$2.5m
FY2017FY2026
Shareholders' equity
A$59.7m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$195,182 | A$169,660 | A$78,250 | A$31,650 | A$1,730 | A$24,000 | A$43,780 | A$264,166 | A$175,382 |
| Gross profit | −A$139,441 | A$195,182 | −A$157,000 | −A$183,624 | −A$157,871 | −A$44,087 | −A$22,833 | −A$32,549 | A$249,043 | A$168,661 |
| Operating income | −A$3.2m | −A$2.6m | −A$3.0m | −A$5.0m | −A$3.9m | −A$1.5m | −A$1.9m | −A$1.4m | −A$2.0m | −A$780,590 |
| Net income | −A$3.0m | −A$12.1m | −A$3.8m | −A$5.0m | −A$3.0m | −A$735,281 | −A$967,098 | −A$2.0m | −A$4.4m | −A$784,894 |
| Diluted earnings per share | -0.00 | -0.01 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$61.6m | A$55.1m | A$59.7m | A$54.1m | A$58.1m | A$56.9m | A$15.3m | A$6,784 | A$6,649 | A$5,725 |
| Cash and short-term investments | A$11.1m | A$1.9m | A$2.3m | A$4.4m | A$17.9m | A$39.9m | A$6.4m | A$1,853 | A$3,824 | A$1,634 |
| Total liabilities | A$1.9m | A$1.5m | A$2.3m | A$3.3m | A$3.6m | A$1.4m | A$809,916 | A$844 | A$410 | A$1,309 |
| Debt | A$252,975 | A$287,074 | A$67,031 | A$101,193 | A$185,987 | A$15,723 | A$34,989 | A$34,989 | A$19,690 | A$12,875 |
| Shareholders' equity | A$59.7m | A$53.6m | A$57.4m | A$50.8m | A$54.5m | A$55.4m | A$14.5m | A$5,940 | A$6,238 | A$4,416 |
| Shares outstanding | 1,327m | 1,134m | 809m | 653m | 623m | 620m | 519m | 423m | 357m | 302m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$2.4m | −A$4.0m | −A$4.1m | −A$4.9m | −A$410,421 | −A$171,949 | −A$33,501 | −A$49 | −A$1,113 | −A$755 |
| Capital spending | −A$20,956 | −A$4.3m | −A$8.0m | −A$9.6m | −A$21.8m | −A$6.8m | −A$4.6m | −A$3,386 | −A$1,222 | −A$1.2m |
| Free cash flow | −A$2.5m | −A$8.4m | −A$12.1m | −A$14.5m | −A$22.2m | −A$7.0m | −A$4.6m | −A$3,435 | −A$2,335 | −A$1.2m |
| Dividends paid | — | — | — | −A$83,451 | −A$1.9m | −A$2.0m | −A$524,874 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$87,710 | A$93,120 | A$33,410 | −A$2,964 | A$2,964 | A$78.3m | — |
| Gross profit | −A$63,688 | −A$75,752 | A$350,172 | −A$154,990 | −A$49,732 | −A$107,270 | A$78.2m | — |
| Operating income | −A$1.4m | −A$1.8m | −A$1.3m | −A$1.3m | −A$1.2m | −A$1.7m | −A$1.2m | −A$1.2m |
| Net income | −A$1.2m | −A$1.7m | −A$8.7m | −A$3.3m | −A$1.7m | −A$2.1m | −A$1.5m | −A$1.5m |
| Diluted earnings per share | -0.00 | -0.00 | -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 | −A$2.0m | — | — |
| Capital spending | — | — | — | −A$2.0m | −A$2.0m | −A$5.0m | −A$1.0m | −A$1.0m |
| Free cash flow | — | — | — | −A$4.0m | −A$3.0m | −A$7.0m | — | — |
| Total assets | A$61.6m | A$62.7m | A$55.1m | A$63.5m | A$59.7m | A$59.3m | A$54.10bn | A$54.1m |
| Cash and short-term investments | A$11.1m | A$5.6m | A$1.9m | A$5.7m | A$2.3m | A$3.5m | A$4.40bn | A$4.4m |
| Debt | A$112,596 | A$238,057 | A$287,071 | A$334,019 | A$67,035 | A$58,145 | A$101,193 | — |
| Shareholders' equity | A$59.7m | A$60.4m | A$53.6m | A$61.8m | A$57.4m | A$56.9m | A$50.77bn | A$49.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -14.0% | 16.2% | 13.5% |
| Net income | -16.1% | 32.1% | 2.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.3 | -2.9 | -5.7 | -6.8 | -28.6 | -218.6 | -38.5 | -8.9 | -2.3 | -17.1 |
| Price to sales | — | 181.6 | 125.1 | 438.3 | — | — | — | 404.9 | 38.8 | 76.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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