S 
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in NZD, from our data supplier.
Revenue
NZD 43.0m
FY2017FY2026
Net income
−NZD 16.9m
FY2017FY2026
Free cash flow
−NZD 7.3m
FY2017FY2026
Shareholders' equity
NZD 9.6m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 43.0m | NZD 40.8m | NZD 45.9m | NZD 54.1m | NZD 52.0m | NZD 28.8m | NZD 26.4m | NZD 23.6m | NZD 15.7m | NZD 11.1m |
| Research and development | NZD 9.1m | NZD 11.6m | NZD 9.1m | NZD 10.5m | NZD 9.5m | NZD 554,325 | NZD 500,561 | — | — | — |
| Operating income | −NZD 3.5m | −NZD 13.1m | −NZD 4.9m | −NZD 6.9m | −NZD 6.1m | −NZD 4.1m | −NZD 3.4m | −NZD 3.2m | −NZD 2.2m | −NZD 2.0m |
| Net income | −NZD 16.9m | −NZD 9.2m | −NZD 2.0m | −NZD 2.6m | −NZD 5.5m | −NZD 5.5m | −NZD 2.4m | −NZD 4.1m | −NZD 1.4m | −NZD 2.5m |
| Diluted earnings per share | -0.26 | -0.14 | -0.03 | -0.04 | -0.08 | -0.09 | -0.04 | -0.12 | -0.04 | -0.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | NZD 20.9m | NZD 30.4m | NZD 43.0m | NZD 52.6m | NZD 58.0m | NZD 42.1m | NZD 32.3m | NZD 32.0m | NZD 34.7m | NZD 10.6m |
| Cash and short-term investments | NZD 3.6m | NZD 11.7m | NZD 11.2m | NZD 11.7m | NZD 14.0m | NZD 6.6m | NZD 10.9m | NZD 16.9m | NZD 21.1m | NZD 3.2m |
| Total liabilities | NZD 11.3m | NZD 8.4m | NZD 12.0m | NZD 17.1m | NZD 19.8m | NZD 23.7m | NZD 9.6m | NZD 6.7m | NZD 6.7m | NZD 5.2m |
| Debt | NZD 864,434 | NZD 660,668 | NZD 1.1m | NZD 1.4m | NZD 1.8m | NZD 8.6m | NZD 1.1m | NZD 139,213 | NZD 223,911 | — |
| Shareholders' equity | NZD 9.6m | NZD 22.0m | NZD 31.0m | NZD 35.6m | NZD 38.1m | NZD 18.4m | NZD 22.7m | NZD 25.3m | NZD 28.0m | NZD 5.4m |
| Shares outstanding | 64m | 64m | 64m | 68m | 70m | 62m | 54m | 35m | 35m | 53m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −NZD 7.1m | NZD 3.1m | NZD 4.6m | NZD 1.3m | −NZD 2.9m | −NZD 713,411 | −NZD 1.5m | −NZD 1.0m | −NZD 1.1m | −NZD 1.8m |
| Capital spending | −NZD 110,842 | −NZD 80,882 | −NZD 2.5m | −NZD 2.1m | −NZD 2.5m | −NZD 1.6m | −NZD 1.4m | −NZD 803,486 | −NZD 626,965 | −NZD 597,433 |
| Free cash flow | −NZD 7.3m | NZD 3.0m | NZD 2.1m | −NZD 769,858 | −NZD 5.4m | −NZD 2.3m | −NZD 2.9m | −NZD 1.8m | −NZD 1.8m | −NZD 2.4m |
| Dividends paid | — | — | — | — | −NZD 410,162 | −NZD 413,051 | — | — | — | — |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 21.0m | NZD 17.6m | NZD 20.0m | NZD 20.9m | NZD 22.5m | NZD 23.6m | NZD 12.8m | NZD 24.2m |
| Operating income | −NZD 1.9m | −NZD 1.3m | −NZD 2.7m | −NZD 2.9m | −NZD 4.9m | −NZD 3.0m | −NZD 1.7m | −NZD 2.9m |
| Net income | −NZD 15.0m | −NZD 1.2m | −NZD 4.4m | −NZD 4.9m | −NZD 1.2m | −NZD 855,236 | −NZD 462,000 | −NZD 4.5m |
| Diluted earnings per share | -0.23 | -0.02 | -0.07 | -0.08 | -0.02 | -0.01 | -0.01 | -0.07 |
| Cash from operations | −NZD 4.0m | −NZD 2.0m | NZD 1.0m | NZD 1.0m | NZD 1.0m | NZD 3.0m | — | NZD 1.0m |
| Capital spending | — | — | — | — | — | −NZD 1.0m | — | — |
| Free cash flow | — | — | — | — | — | NZD 2.0m | — | — |
| Total assets | NZD 20.9m | NZD 26.1m | NZD 30.4m | NZD 36.9m | NZD 43.0m | NZD 49.7m | NZD 53.4m | NZD 52.6m |
| Cash and short-term investments | NZD 3.6m | NZD 7.6m | NZD 11.7m | NZD 11.0m | NZD 11.2m | NZD 13.3m | NZD 14.3m | NZD 11.7m |
| Debt | NZD 631,702 | NZD 394,023 | NZD 679,555 | NZD 845,783 | NZD 1.2m | NZD 485,036 | NZD 850,000 | NZD 1.4m |
| Shareholders' equity | NZD 9.6m | NZD 20.3m | NZD 22.0m | NZD 27.1m | NZD 31.0m | NZD 34.4m | NZD 37.0m | NZD 35.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.4% | 8.4% | 16.6% |
| Operating income | -20.1% | -3.1% | 15.8% |
| Net income | 87.2% | 25.1% | 37.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -19.8% | -15.4% | -14.6% | -14.3% |
| Net margin | -31.2% | -16.7% | -15.8% | -15.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -1.7 | -13.1 | -9.2 | -10.0 | -12.4 | -23.8 | -8.8 | -23.6 |
| Price to sales | 0.2 | 0.4 | 0.6 | 0.4 | 1.1 | 2.4 | 2.2 | 1.6 | 2.1 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.