S 
0.06
+7.55%
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$44.5m
FY2017FY2026
Free cash flow
−A$20.6m
FY2017FY2026
Shareholders' equity
A$131.7m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$217,467 | A$80,976 | A$65,553 | A$63,323 | A$154,137 | A$18,785 | A$30,624 | A$43,133 | A$72,821 |
| Research and development | — | — | — | — | — | — | — | — | — | A$21,894 |
| Operating income | −A$29.7m | −A$11.4m | −A$3.1m | −A$2.4m | −A$6.6m | −A$6.7m | −A$6.9m | −A$2.4m | −A$5.1m | −A$855,199 |
| Net income | −A$44.5m | −A$11.3m | −A$8.1m | −A$10.7m | −A$6.6m | −A$6.7m | −A$6.9m | −A$7.7m | −A$3.5m | −A$3.5m |
| Diluted earnings per share | -0.01 | -0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$136.6m | A$50.6m | A$3.1m | A$3.9m | A$3.8m | A$5.4m | A$7.1m | A$3.1m | A$5.0m | A$4.1m |
| Cash and short-term investments | A$80.7m | A$2.8m | A$2.5m | A$3.3m | A$3.3m | A$5.1m | A$6.7m | A$2.7m | A$4.8m | A$3.9m |
| Total liabilities | A$4.9m | A$21.8m | A$998,475 | A$2.1m | A$1.5m | A$673,888 | A$1.1m | A$3.7m | A$1.2m | A$1.8m |
| Debt | A$764,182 | A$222,666 | A$293,155 | A$327,874 | A$277,500 | A$45,791 | A$100,288 | A$690,026 | — | — |
| Shareholders' equity | A$131.7m | A$28.7m | A$1.9m | A$1.8m | A$2.3m | A$4.7m | A$6.0m | −A$577,061 | A$3.8m | A$2.3m |
| Shares outstanding | 4,207m | 3,138m | 1,106m | 869m | 716m | 589m | 504m | 378m | 299m | 253m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$19.5m | −A$7.0m | −A$7.9m | −A$8.8m | −A$6.0m | −A$6.8m | −A$8.5m | −A$5.4m | −A$4.1m | −A$2.3m |
| Capital spending | −A$1.1m | −A$16.7m | −A$490,606 | −A$567,632 | −A$22,243 | −A$28,789 | −A$13,746 | −A$42,055 | −A$3,263 | −A$3,146 |
| Free cash flow | −A$20.6m | −A$23.7m | −A$8.4m | −A$9.3m | −A$6.0m | −A$6.8m | −A$8.5m | −A$5.4m | −A$4.1m | −A$2.3m |
| Dividends paid | — | — | — | — | −A$63,035 | −A$10.6m | −A$25.1m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$401,620 | A$115,520 | A$46,463 | A$43,182 | A$37,794 | −A$31,662 | −A$15,831 |
| Operating income | −A$11.8m | −A$17.9m | −A$5.7m | −A$3.6m | −A$1.3m | −A$1.8m | −A$1.2m | −A$3.0m |
| Net income | −A$19.7m | −A$24.8m | −A$7.8m | −A$3.5m | −A$3.1m | −A$4.9m | −A$5.9m | −A$2.9m |
| Diluted earnings per share | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | -0.01 | -0.01 | -0.00 |
| Cash from operations | −A$10.0m | −A$8.0m | −A$3.0m | −A$3.0m | −A$2.0m | −A$5.0m | −A$4.0m | −A$2.0m |
| Capital spending | −A$1.0m | — | — | — | — | — | — | — |
| Free cash flow | −A$11.0m | — | — | — | — | — | — | — |
| Total assets | A$136.6m | A$103.5m | A$50.6m | A$5.4m | A$3.1m | A$6.1m | A$3.9m | A$3.9m |
| Cash and short-term investments | A$80.7m | A$54.4m | A$2.8m | A$4.5m | A$2.5m | A$5.5m | A$3.3m | A$3.3m |
| Debt | A$240,000 | A$139,584 | A$222,670 | A$241,569 | A$293,160 | A$283,839 | A$327,874 | — |
| Shareholders' equity | A$131.7m | A$100.0m | A$28.7m | A$3.4m | A$1.9m | A$5.0m | A$1.8m | A$498,953 |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 129.7% | 34.6% | 36.1% |
| Net income | 60.7% | 46.0% | 24.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.2 | -27.4 | -3.4 | -1.7 | -4.5 | -3.3 | -4.7 | -4.0 | -7.2 | -11.3 |
| Price to sales | — | — | 341.4 | 274.9 | 468.7 | 144.5 | — | — | — | — |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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