W 
2.27
+6.07%
Close of 9 Nov 2026, in AUD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in AUD, from our data supplier.
Revenue
A$15.3m
FY2017FY2026
Net income
−A$54.9m
FY2017FY2026
Free cash flow
−A$19.5m
FY2017FY2026
Shareholders' equity
A$154.0m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$15.3m | A$4.4m | A$1.0m | — | — | — | — | — | — | A$104,936 |
| Gross profit | A$14.9m | A$4.4m | A$1.0m | −A$308,590 | −A$172,565 | −A$105,977 | −A$107,866 | −A$11,814 | −A$11,156 | A$95,677 |
| Research and development | A$47.6m | A$23.0m | A$29.9m | A$32.4m | A$22.5m | A$7.3m | A$154,338 | A$3.8m | A$1.1m | A$1,033 |
| Operating income | −A$57.7m | −A$40.6m | −A$46.9m | −A$46.0m | −A$33.2m | −A$13.2m | −A$4.2m | −A$7.1m | −A$4.4m | A$23,226 |
| Net income | −A$54.9m | −A$38.4m | −A$41.2m | −A$39.0m | −A$27.7m | −A$11.3m | −A$4.0m | −A$6.3m | −A$4.3m | −A$21,972 |
| Diluted earnings per share | -0.25 | -0.18 | -0.22 | -207.54 | -156.65 | -0.09 | -0.04 | -0.09 | -0.04 | -0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$180.1m | A$97.0m | A$66.0m | A$89.5m | A$57.0m | A$22.2m | A$4.5m | A$1,974 | A$4,006 | A$1,821 |
| Cash and short-term investments | A$168.3m | A$88.3m | A$62.8m | A$88.0m | A$50.2m | A$21.7m | A$4.1m | A$1,671 | A$3,357 | A$1,742 |
| Total liabilities | A$26.2m | A$6.8m | A$4.1m | A$4.7m | A$2.0m | A$1.0m | A$1.2m | A$369 | A$512 | A$470 |
| Debt | A$373,000 | A$516,160 | A$434,771 | A$284,740 | A$414,825 | A$49,152 | A$124,344 | A$124,339 | — | — |
| Shareholders' equity | A$154.0m | A$90.2m | A$61.9m | A$84.8m | A$55.0m | A$21.2m | A$3.3m | A$1,604 | A$3,494 | A$1,352 |
| Shares outstanding | 222m | 210m | 189m | 0m | 0m | 130m | 103m | 69m | 103m | 103m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −A$18.4m | −A$23.1m | −A$24.4m | −A$20.3m | −A$21.8m | −A$7.0m | −A$2.0m | −A$5,745 | −A$3,454 | −A$3,068 |
| Capital spending | −A$1.1m | −A$251,330 | −A$1.0m | −A$44,841 | −A$236,293 | −A$21,596 | −A$11,742 | −A$45 | −A$7 | −A$9 |
| Free cash flow | −A$19.5m | −A$23.4m | −A$25.4m | −A$20.3m | −A$22.1m | −A$7.1m | −A$2.0m | −A$5,790 | −A$3,461 | −A$3,077 |
| Dividends paid | — | — | — | −A$2.6m | −A$952,691 | −A$1.4m | −A$715,889 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$9.6m | A$5.6m | A$3.7m | A$676,454 | A$864,530 | A$153,258 | — | — |
| Gross profit | A$9.6m | — | A$3.7m | A$676,454 | A$864,530 | A$153,258 | — | — |
| Operating income | −A$27.0m | −A$30.6m | −A$15.9m | −A$24.7m | −A$18.4m | −A$26.9m | −A$8.9m | −A$8.9m |
| Net income | −A$24.9m | −A$30.0m | −A$15.7m | −A$22.7m | −A$16.0m | −A$25.2m | −A$8.4m | −A$8.4m |
| Diluted earnings per share | -0.11 | -0.14 | -0.07 | -0.12 | -0.08 | -134.13 | -44.56 | -44.56 |
| Cash from operations | −A$13.0m | −A$4.0m | −A$9.0m | −A$13.0m | −A$7.0m | −A$16.0m | −A$7.0m | −A$7.0m |
| Total assets | A$180.1m | A$89.0m | A$97.0m | A$102.4m | A$66.0m | A$74.7m | A$89.51bn | A$89.5m |
| Cash and short-term investments | A$168.3m | A$82.8m | A$88.3m | A$97.2m | A$62.8m | A$72.0m | A$87.96bn | A$88.0m |
| Debt | A$301,000 | A$329,000 | A$516,163 | A$444,193 | A$434,776 | A$162,070 | A$218,460 | — |
| Shareholders' equity | A$154.0m | A$68.4m | A$90.2m | A$96.7m | A$61.9m | A$69.7m | A$84.80bn | A$51.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | — | 202.0% |
| Operating income | 7.8% | 34.2% | 29.0% |
| Net income | 12.0% | 37.3% | 29.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 98.1% | — | — | — |
| Operating margin | -499.2% | — | — | — |
| Net margin | -473.9% | — | — | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.5 | -27.7 | -16.5 | -0.0 | -0.0 | -33.1 | -62.2 | -4.3 | -16.7 | -7010.7 |
| Price to sales | 34.1 | 241.5 | — | — | — | — | — | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 25-to-1 reverse split · 15 Feb 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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