A$0.69 ($0.48)

+0.01 (+0.73%)

Weekly Expected Move ±4.3%

A$1 A$1 A$1 A$1 A$1

ASX · Real Estate · Real Estate - Development · Tech Score Strong Sell · Power 42 · A$186.4M mcap · 58M float · 0.180% daily turnover

Revenue

$204M -28.1% ▼

5Y CAGR: +14.6%

Gross Profit

$37M +9.0% ▲

5Y CAGR: +16.7%

Operating Income

$29M +35.1% ▲

5Y CAGR: +27.9%

Net Income

$20M +40.9% ▲

5Y CAGR: +18.0%

EPS (Diluted)

$0.07 +40.9% ▲

5Y CAGR: +18.0%

EBITDA

$30M +36.9% ▲

5Y CAGR: +27.6%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$91M	$34M	$186M	$284M	$204M
YoY Growth	-11.9%	-62.7%	+448.0%	+52.8%	-28.1%
Cost of Revenue	$75M	$23M	$165M	$250M	$167M
Gross Profit	$16M	$11M	$21M	$34M	$37M
Gross Margin	18.0%	33.9%	11.2%	12.1%	18.3%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$9M	$7M	$10M	$16M	$0
Operating Expenses	$9M	$10M	$10M	$13M	$9M
Operating Income	$8M	$4M	$22M	$21M	$29M
Operating Margin	8.3%	12.0%	12.0%	7.5%	14.1%
Interest Expense	$513K	$2M	$3M	$0	$1M
Income Before Tax	$15M	$4M	$24M	$20M	$28M
Tax Expense	$4M	$813K	$7M	$6M	$8M
Net Income	$11M	$3M	$17M	$14M	$20M
Net Margin	12.0%	9.2%	8.9%	5.1%	9.9%
EPS (Diluted)	$0.04	$0.01	$0.06	$0.05	$0.07
EBITDA	$8M	$4M	$23M	$22M	$30M
Shares Outstanding	272M	272M	272M	272M	272M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$19M	$16M	$7M	$188M	$218M	$66M	$110M	$95M
Cost of Revenue	$14M	$7M	$5M	$161M	$193M	$57M	$88M	$79M
Gross Profit	$4M	$7M	-$6M	$27M	$25M	$9M	$22M	$17M
Gross Margin	23.0%	46.3%	-95.6%	14.5%	11.6%	13.5%	20.0%	17.3%
R&D Expenses	$445K	$500K	$557K	$0	$0	$0	$0	$0
SG&A Expenses	$6M	$5M	$2M	$7M	$9M	$8M	$0	$0
Operating Expenses	$7M	$4M	$5M	$4M	$12M	$1M	$5M	$4M
Operating Income	-$412K	$4M	-$272K	$23M	$14M	$8M	$17M	$13M
Operating Margin	-2.2%	22.8%	-4.1%	12.2%	6.3%	11.4%	15.5%	13.3%
Interest Expense	$530K	$2M	$2M	$2M	$0	$1M	$1M	$244K
Income Before Tax	-$259K	$3M	$2M	$22M	$13M	$7M	$15M	$13M
Tax Expense	$0	$0	$770K	$7M	$4M	$2M	$4M	$4M
Net Income	$272M	$272M	$272M	$15M	$9M	$5M	$11M	$10M
Net Margin	1459.1%	1751.0%	4093.3%	8.0%	4.3%	7.6%	9.6%	10.1%
EPS (Diluted)	$-843000.00	$-52000.00	$0.01	$0.06	$0.03	$0.02	$0.04	$0.04
EBITDA	-$84K	$4M	-$122K	$23M	$20M	$2M	$16M	$14M
Shares Outstanding	275M	270M	270M	271M	272M	272M	272M	272M

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