$2.5m cash versus $5.9m operating burn leaves a thin runway
Revenue leapt 14-fold off a tiny base and the PBT loss narrowed 20%, but H2 swung to a $6.7m NPAT loss and FCF stayed at -$6.0m.
Published 23 April 2026
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Revenue leapt 14-fold off a tiny base and the PBT loss narrowed 20%, but H2 swung to a $6.7m NPAT loss and FCF stayed at -$6.0m.
Published 23 April 2026
Read briefingHeadline swing from loss to profit sits alongside an unchanged operating cash outflow and a 24.5% drawdown in the cash balance, pointing to a...
Published 23 April 2026
Read briefingOperating cash burn accelerated to $6.8m while cash reserves fell to $1.9m, shortening the runway despite borrowings being cleared.
Published 22 April 2026
Read briefingRevenue grew 34% off a trivial base while the cash position fell 88% year on year, leaving runway as the central question heading into...
Published 22 April 2026
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