Company Information

  

Address: 62 LYGON STREET
LEVEL 3 
City: CARLTON, VICTORIA 
State:  
Zip Code: 3053 
Telephone: 61 03 9824 5254 

Description of Business

Primary SIC Code: 2834
(As filed with the SEC)  

We were incorporated under the laws of the Commonwealth of Australia in 1994 and have been listed on the Australian Securities Exchange (ASX) since April 30, 1999. Our principal executive office is located at Level 3, 62 Lygon Street, Carlton South, Victoria, Australia 3053 and our telephone number is +61 (0)3 9824 5254. We have incurred losses from operations in each year since inception. Our net losses were A$6.8 million, A$7.1 million, and A$2.7 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. The majority of our net losses resulted from costs incurred in connection with our research and development programs and from general and administrative costs associated with our operations. We expect to continue to incur significant expenses and increasing operating losses for at least the next several years.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
There's no share overview data.

Key Financial Ratios and Statistics

FYE: 06/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.13Total Liab/Total Assets0.21
Net Inc/Total Assets-0.82Total Liab/Inv Cap0.27
Net Inc/Inv Cap-1.06Total Liab/Comm Equity0.03
Pretax Inc/Net Sales-4.87Interest Coverage Ratio-276.91
Net Inc/Net Sales-4.87Curr Debt/Equity0.02
Cash Flow/Net Sales-5.04LTD/EquityNA
SG&A/NetSales1.81Total Debt/Equity0.02
Asset Utilization   Liquidity  
Net Receivables Turnover0.46Quick Ratio3.47
Inventory Turnover0.41Current Ratio4.83
Inventory Day Sales0.00Net Rec/Curr Assets0.21
Net Sales/Work Cap0.21Inv/Curr Assets0.28
Net Sales/PP&E74.12  

Income Statement (Millions)

  6/30/2017 12/31/2016 6/30/2016 6/30/2015
Total Revenues(Net Sales) 1.07 0.51 0.75 0.77
Cost of Goods Sold 0.68 0.27 0.42 0.39
Selling & Admin Exps 1.94 1.06 2.63 0.10
Operating Income -5.20 -2.46 -5.01 -2.07
Interest Exp 0.02 0.01 0.25 0.00
Pretax Income -5.22 -2.47 -5.26 -2.07
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -5.22 -2.47 -5.26 -2.07

Balance Sheet (Millions)

Assets 6/30/2017 12/31/2016 6/30/2016 6/30/2015
Cash & Short Term Investments 3.06 2.25 1.71 2.40
Receivables - Total 1.36 0.65 3.27 1.30
Inventories - Total 1.79 1.27 1.53 0.88
Total Current Assets 6.34 4.23 6.56 4.61
Net Property, Plant & Equipment 0.01 0.01 0.01 0.01
Total Assets 6.36 4.24 6.57 4.63
Liabilities        
Accounts Payable 1.02 1.18 1.48 0.93
Debt in Current Liabilities 0.11 0.00 0.58 0.00
Total Current Liabilities 1.31 1.67 2.89 0.93
Long-Term Debt NA NA NA NA
Total Liabilities 1.31 1.67 2.89 0.93
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 41.14 34.38 33.98 31.00
Retained Earnings -37.99 -33.44 -31.88 -27.73
Treasury Stock NA NA NA NA
Total Stockholders' Equity 5.04 2.57 3.68 3.70
Total Liabilities and Stockholders' Equity 6.36 4.24 6.57 4.63

Cash Flow Summary (Millions)

Categories 6/30/2017 12/31/2016 6/30/2016 6/30/2015
Net Cash Provided by Operating Activities -5.39 -1.63 -3.84 -2.32
Net Cash Provided by Investing Activities -0.00 -0.00 -0.00 -0.00
Net Cash Provided by Financing Activities 6.67 2.22 3.23 -0.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
06/20150.77-2.07--
06/20160.75-5.26--
06/20171.07-5.22--
Growth Rates17.90----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/172100.33




Report Date : 12/4/2017

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