A$0.38 ($0.26)

-0.01 (-3.80%)

Weekly Expected Move ±5.5%

A$0 A$0 A$0 A$0 A$0

ASX · Industrials · Specialty Business Services · Tech Score Sell · Power 43 · A$41.9M mcap · 54M float · 0.131% daily turnover

Analysis Technicals Weather Peers

Revenue

$31M +20.4% ▲

5Y CAGR: +20.2%

Gross Profit

$5M +7.6% ▲

5Y CAGR: +19.1%

Operating Income

$2M +346.4% ▲

5Y CAGR: +14.2%

Net Income

$1M +140.8% ▲

5Y CAGR: +17.4%

EPS (Diluted)

$0.01 +132.8% ▲

5Y CAGR: +10.9%

EBITDA

$4M +532.2% ▲

5Y CAGR: +17.8%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$17M	$26M	$23M	$26M	$31M
YoY Growth	+39.8%	+50.1%	-11.8%	+12.7%	+20.4%
Cost of Revenue	$7M	$11M	$10M	$22M	$26M
Gross Profit	$10M	$16M	$13M	$5M	$5M
Gross Margin	57.2%	59.7%	56.8%	17.3%	15.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$6M	$10M	$8M	$809K	$3M
Operating Expenses	$9M	$15M	$13M	$809K	$3M
Operating Income	$807K	$924K	$558K	-$860K	$2M
Operating Margin	4.6%	3.5%	2.4%	-3.3%	6.8%
Interest Expense	$120K	$226K	$519K	$893K	$760K
Income Before Tax	$903K	$812K	-$677K	-$4M	$2M
Tax Expense	$344K	$265K	-$28K	$244K	$686K
Net Income	$558K	$547K	-$649K	-$3M	$1M
Net Margin	3.2%	2.1%	-2.8%	-13.1%	4.4%
EPS (Diluted)	$0.01	$0.01	$-0.01	$-0.04	$0.01
EBITDA	$3M	$4M	$2M	-$915K	$4M
Shares Outstanding	80M	80M	81M	86M	106M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$14M	$12M	$12M	$11M	$13M	$13M	$16M	$15M
Cost of Revenue	$12M	$11M	$10M	$9M	$11M	$11M	$14M	$13M
Gross Profit	$2M	$2M	$2M	$2M	$2M	$2M	$2M	$2M
Gross Margin	12.0%	13.9%	13.3%	20.8%	17.4%	17.2%	14.4%	16.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$1M	$1M	$354K	$490K	$165K	$644K	$1M	$1M
Operating Expenses	$1M	$1M	$996K	$490K	$165K	$644K	$1M	$1M
Operating Income	$420K	$618K	$593K	$2M	$2M	-$3M	$898K	$1M
Operating Margin	3.1%	5.0%	5.0%	16.4%	16.2%	-23.0%	5.5%	8.1%
Interest Expense	$94K	$133K	$204K	$316K	$460K	$432K	$378K	$381K
Income Before Tax	$327K	$485K	$389K	-$2M	-$541K	-$3M	$1M	$879K
Tax Expense	$107K	$158K	$140K	-$337K	-$139K	$105K	$369K	$316K
Net Income	$219K	$327K	$249K	-$898K	-$401K	-$3M	$829K	$562K
Net Margin	1.6%	2.6%	2.1%	-8.1%	-3.1%	-23.3%	5.1%	3.7%
EPS (Diluted)	$0.00	$0.00	$0.00	$-0.01	$-0.01	$-0.03	$0.01	$0.01
EBITDA	$2M	$2M	$2M	$420K	$1M	-$1M	$2M	$2M
Shares Outstanding	81M	80M	81M	81M	80M	91M	102M	113M

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