S 
0.41
+6.58%
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$7.3m
FY2017FY2026
Free cash flow
−A$2.6m
FY2017FY2026
Shareholders' equity
A$122.3m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$297,870 | A$111,740 | A$56,350 | A$15,780 | A$22,590 | A$74,970 | A$80,130 | A$27,330 | — |
| Gross profit | −A$195,547 | −A$192,463 | −A$172,650 | −A$160,092 | −A$126,706 | −A$57,452 | −A$24,541 | −A$21,347 | −A$4,641 | — |
| Operating income | −A$8.3m | −A$5.1m | −A$2.4m | −A$2.6m | −A$2.3m | −A$2.0m | −A$1.6m | −A$1.3m | −A$889,295 | −A$144,737 |
| Net income | −A$7.3m | −A$5.1m | −A$2.8m | −A$3.6m | −A$2.3m | −A$2.0m | −A$1.4m | −A$1.1m | −A$857,320 | −A$144,737 |
| Diluted earnings per share | -0.01 | -0.01 | -0.01 | -0.02 | -15.45 | -0.02 | -0.02 | -0.02 | -0.02 | -0.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$127.5m | A$86.5m | A$44.9m | A$38.9m | A$36.1m | A$31.0m | A$17.9m | A$11.2m | A$10.4m | A$10.3m |
| Cash and short-term investments | A$40.4m | A$27.2m | A$4.1m | A$3.5m | A$7.1m | A$8.2m | A$5.1m | A$2.7m | A$5.0m | A$6.3m |
| Total liabilities | A$5.2m | A$2.7m | A$2.1m | A$1.3m | A$834,228 | A$1.5m | A$542,840 | A$572,957 | A$315,379 | A$2.5m |
| Debt | A$445,726 | A$62,280 | A$142,917 | A$94,508 | A$211,420 | A$197,636 | A$197,631 | — | — | A$2.5m |
| Shareholders' equity | A$122.3m | A$83.8m | A$42.8m | A$37.5m | A$35.2m | A$29.5m | A$17.4m | A$10.6m | A$10.0m | A$10.3m |
| Shares outstanding | 547m | 478m | 299m | 177m | 0m | 131m | 81m | 56m | 56m | 20m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$2.2m | −A$3.2m | −A$1.5m | −A$1,651 | −A$1.7m | −A$1.4m | −A$919 | −A$771 | −A$552,647 | −A$562,596 |
| Capital spending | −A$359,959 | −A$18.5m | −A$5.3m | −A$7.1m | −A$7.0m | −A$9.4m | −A$4.5m | −A$3.0m | −A$896,316 | −A$268,475 |
| Free cash flow | −A$2.6m | −A$21.7m | −A$6.8m | −A$7.1m | −A$8.6m | −A$10.7m | −A$4.5m | −A$3.0m | −A$1.4m | −A$831,071 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$770,390 | A$211,210 | A$86,660 | A$83,800 | A$27,940 | A$35.5m | — |
| Gross profit | — | −A$493,170 | −A$962,000 | −A$921,390 | −A$520,590 | −A$493,610 | −A$505.8m | — |
| Operating income | −A$4.7m | −A$3.6m | −A$2.8m | −A$2.3m | −A$1.3m | −A$1.2m | −A$673,290 | −A$673,290 |
| Net income | −A$4.5m | −A$2.8m | −A$2.7m | −A$2.4m | −A$1.4m | −A$1.4m | −A$1.1m | −A$1.1m |
| Diluted earnings per share | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.01 | -0.01 | -0.01 |
| Cash from operations | — | — | −A$1.0m | −A$1.0m | — | — | — | — |
| Capital spending | — | — | — | — | — | — | −A$2.0m | −A$2.0m |
| Total assets | A$127.5m | A$128.1m | A$86.5m | A$57.6m | A$44.9m | A$44.6m | A$38.86bn | A$38.9m |
| Cash and short-term investments | A$40.4m | A$58.6m | A$27.2m | A$9.5m | A$4.1m | A$7.8m | A$3.50bn | A$3.5m |
| Debt | A$138,522 | A$19,161 | A$62,280 | A$103,688 | A$142,919 | A$31,207 | A$94,508 | — |
| Shareholders' equity | A$122.3m | A$125.1m | A$83.8m | A$54.5m | A$42.8m | A$43.8m | A$37.53bn | A$34.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 46.5% | 32.4% | 67.0% |
| Net income | 26.6% | 30.0% | 64.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -30.4 | -46.6 | -22.1 | -8.6 | -0.0 | -29.0 | -36.9 | -15.6 | -12.7 |
| Price to sales | — | — | — | — | 1.6 | — | — | 210.1 | 399.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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