S 
0.40
+2.56%
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$25.6m
FY2017FY2026
Free cash flow
−A$29.2m
FY2017FY2026
Shareholders' equity
A$29.4m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$2.0m | A$1.8m | A$268,970 | A$33,120 | A$17,460 | A$28,910 | A$62,520 | A$80,250 | A$59 |
| Operating income | −A$27.0m | −A$42.0m | −A$20.6m | −A$15.7m | −A$13.7m | −A$5.6m | −A$3.1m | −A$6.9m | −A$5.4m | −A$3.7m |
| Net income | −A$25.6m | −A$40.4m | −A$18.6m | −A$5.8m | −A$13.7m | −A$5.1m | −A$3.1m | −A$6.4m | −A$5.3m | −A$3.6m |
| Diluted earnings per share | -0.04 | -0.06 | -0.03 | -0.01 | -0.03 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$32.5m | A$63.4m | A$38.7m | A$11.9m | A$27.1m | A$15.8m | A$9.8m | A$11,595 | A$11,345 | A$9,559 |
| Cash and short-term investments | A$25.2m | A$54.5m | A$31.6m | A$6.0m | A$18.9m | A$8.0m | A$2.4m | A$4,178 | A$3,945 | A$2,251 |
| Total liabilities | A$3.1m | A$8.0m | A$4.3m | A$2.2m | A$1.9m | A$756,674 | A$461,863 | A$1,452 | A$1,061 | A$397 |
| Debt | A$44,405 | A$89,744 | A$121,718 | — | — | — | — | — | — | — |
| Shareholders' equity | A$29.4m | A$55.4m | A$34.4m | A$9.7m | A$25.2m | A$15.1m | A$9.3m | A$10,144 | A$10,284 | A$9,162 |
| Shares outstanding | 650m | 647m | 592m | 545m | 471m | 423m | 395m | 359m | 278m | 232m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$28.9m | −A$32.9m | −A$13.5m | −A$12.8m | −A$10.0m | −A$3.9m | −A$4.1m | −A$4,943 | −A$4,318 | −A$3,178 |
| Capital spending | −A$275,421 | −A$1.0m | −A$836,348 | −A$80,528 | −A$313,405 | −A$260,340 | −A$67,345 | −A$27 | −A$87 | −A$22 |
| Free cash flow | −A$29.2m | −A$33.9m | −A$14.4m | −A$12.9m | −A$10.3m | −A$4.2m | −A$4.1m | −A$4,970 | −A$4,405 | −A$3,199 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | A$902,180 | A$1.0m | A$1.0m | A$883,470 | A$938,400 | A$130.6m | — |
| Operating income | −A$17.1m | −A$9.9m | −A$21.8m | −A$10.1m | −A$12.9m | −A$7.7m | −A$3.6m | −A$3.6m |
| Net income | −A$16.6m | −A$9.0m | −A$20.9m | −A$19.5m | −A$11,624 | −A$6,976 | A$1.3m | A$1.3m |
| Diluted earnings per share | -0.03 | -0.01 | -0.03 | -0.03 | -0.00 | -0.00 | 0.00 | 0.00 |
| Cash from operations | −A$8.0m | −A$20.0m | −A$16.0m | −A$16.0m | — | −A$6.0m | −A$2.0m | −A$2.0m |
| Total assets | A$32.5m | A$43.2m | A$63.4m | A$41.3m | A$38.7m | A$45.6m | A$11.89bn | A$11.9m |
| Cash and short-term investments | A$25.2m | A$34.1m | A$54.5m | A$33.5m | A$31.6m | A$39.7m | A$5.56bn | A$5.6m |
| Debt | A$44,405 | A$71,676 | A$89,741 | A$109,288 | A$121,718 | — | — | — |
| Shareholders' equity | A$29.4m | A$38.7m | A$55.4m | A$35.9m | A$34.4m | A$44.3m | A$9.67bn | A$13.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 19.9% | 37.1% | 28.7% |
| Net income | 63.9% | 38.3% | 28.2% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.3 | -9.2 | -23.6 | -42.6 | -13.6 | -47.2 | -45.2 | -5.3 | -3.2 | -8.3 |
| Price to sales | — | 182.0 | 240.6 | — | — | — | — | — | 212.3 | — |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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