| AUD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.0 | 15.2 | 0.0 | 0.0 | 2.3 | 0.0 | −98.2% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Gross profit | 1.0 | 15.2 | 0.0 | 0.0 | 2.3 | 0.0 | −98.2% | |
| Research & development | 9.5 | 14.5 | 20.2 | 15.6 | 17.4 | 7.3 | −57.8% | |
| Selling, general & administrative | 3.7 | 7.0 | 5.2 | 8.6 | 13.6 | 8.7 | −35.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 13.2 | 21.6 | 25.4 | 24.1 | 30.8 | 14.3 | −53.7% | |
| Operating income | (12.2) | (6.4) | (25.4) | (24.1) | (28.5) | (14.2) | +50.0% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | +500.0% | |
| Other income / expense | (0.6) | (2.5) | 0.0 | 3.4 | 1.4 | (8.2) | −682.5% | |
| Pre-tax income | (12.8) | (8.9) | (25.4) | (20.7) | (27.0) | (22.4) | +17.0% | |
| Income tax | (0.3) | (0.5) | (0.4) | (0.3) | (0.3) | (1.7) | −544.3% | |
| Net income | (12.5) | (8.4) | (25.0) | (20.5) | (26.8) | (20.7) | +22.7% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (80.00) | (35.80) | (95.00) | (55.00) | (55.00) | (18.90) | +65.6% | |
| EPS, diluted (per share) | (80.00) | (35.80) | (95.00) | (55.00) | (55.00) | (18.90) | +65.6% | |
| EBITDA | (11.1) | (5.1) | (23.5) | (22.3) | (26.6) | (13.3) | +50.1% | |
| Depreciation & amortization | 1.1 | 1.3 | 1.9 | 1.9 | 1.9 | 0.9 | −50.0% | |
| Weighted average shares (shares) | 152,459 | 235,400 | 265,000 | 368,600 | 479,600 | 1,095,343 | +128.4% | |
| Weighted average diluted shares (shares) | 152,459 | 235,400 | 265,000 | 368,600 | 479,600 | 1,095,343 | +128.4% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | +0.0 pts | |
| Operating margin | −1,234.3% | −42.0% | −253,990.0% | −4,346,661.1% | −1,233.2% | −33,850.0% | −32616.8 pts | |
| Net margin | −1,261.7% | −55.5% | −250,140.0% | −3,687,419.8% | −1,160.2% | −49,290.5% | −48130.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in AUD; the shares trade in USD.
