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Market Cap: $1.47B

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By Cashu Finance. Providing market news, analysis, and research for investors worldwide.

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© 2026 Cashu Technologies Pty Ltd. All rights reserved. Cashu Finance is a trademark of Cashu Technologies Pty Ltd.

The content published on Cashu Finance is for informational purposes only and should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities. All opinions expressed are those of the authors and do not reflect the official position of Cashu Technologies Pty Ltd or its affiliates. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Cashu Finance and its contributors may hold positions in securities mentioned in published content. Any such holdings will be disclosed at the time of publication. Market data is provided on an "as-is" basis and may be delayed. Cashu Technologies Pty Ltd does not guarantee the accuracy, completeness, or timeliness of any information presented.

Cashu Research is part of Cashu Technology Pty Ltd, which is an authorised representative (AR # 001318029) of Adviser Solutions Group Pty Ltd (ABN 88 601 875 521) (AFSL 485946) (ASG).

This material is general advice only and is not an offer for the purchase or sale of any financial product or service. The material is not intended to provide you with personal financial or tax advice and does not take into account your personal objectives, financial situation or needs. Although we believe that the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by Cashu Technologies Pty Ltd, any of their related body corporates or any other person. To the maximum extent possible, Cashu Technologies Pty Ltd, their related body corporates or any other person do not accept any liability for any statement in this material.

Financials

Profitability
Gross Profit Margin1.33%
EBITDA Margin38.68%
EBIT Margin37.76%
Pre-tax Margin25.13%
Net Profit Margin82.37%
Earnings Yield13.71%
Valuation Multiples
Price / Book134.83
Price / Sales6.14
Price / Earnings7.23
PEG-0.00
Forward PEG-0.01
EV / Sales6.71
EV / EBITDA17.34
EV / Operating Cash Flow88.14
EV / Free Cash Flow88.20
Price / Free Cash Flow80.69
Price / Operating Cash Flow78.93
Cash Flow & Capital
Free Cash Flow / Share$0.62
Operating Cash Flow / Share$0.62
Free Cash Flow Yield1.24%
Capex / Revenue0.01%
Capex / Operating Cash Flow0.07%
Capex / Depreciation0.01
Stock Compensation / Revenue10.94%
Dividend Payout Ratio0.00%
Dividend Yield0.00%
Liquidity & Leverage
Current Ratio5.61
Quick Ratio5.61
Cash Ratio3.79
Debt / Assets0.85
Debt / Capital0.96
Debt / Equity25.47
Long-Term Debt / Capital0.96
Debt / Market Cap17.59%
Net Debt / EBITDA1.48
Solvency Ratio0.65
Financial Leverage29.95
Efficiency & Working Capital
Asset Turnover0.75
Fixed Asset Turnover20.37
Inventory Turnover0.00
Receivables Turnover7.51
Payables Turnover-16.67
Days Sales Outstanding48.59
Days Inventory Outstanding0
Days Payables Outstanding-21.89
Operating Cycle48.59
Cash Conversion Cycle70.48
Working Capital Turnover1.09
Returns & Quality
Return on Equity25.15%
Return on Assets61.75%
Return on Invested Capital47.19%
ROCE47.55%
Return on Tangible Assets61.75%
Operating Return on Assets41.42%
Income Quality0.09
Tax Burden3.28
Interest Burden0.67
Balance Sheet & Intrinsic Metrics
Enterprise Value$1.59B
Invested Capital$174.74M
Working Capital$163.07M
Tangible Asset Value$10.59M
Net Current Asset Value$-107.97M
Graham Number$7.38
Graham Net-Net-$4.05
Book Value / Share$0.36
Tangible Book Value / Share$0.36
Cash / Share$5.61
Financial Health Scores
Piotroski Score5
Altman Z-Score2.32
Revenue$237.61M
EBIT$89.72M
Market Cap$1.46B
Working Capital$163.07M
Retained Earnings$-641.56M
Total Assets$316.98M
Total Liabilities$306.4M