Annual Report 2026
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| Metric / unit | 2026Group, year ended 30 June 2026 | 2025Group, year ended 30 June 2025 | Source |
|---|---|---|---|
| Income statement | |||
| Sales, netUS$'000 | 60,922 | 67,435 | PDF p. 29 |
| Cost of goods soldUS$'000 | (41,012) | (48,555) | PDF p. 29 |
| Gross profitUS$'000 | 19,910 | 18,880 | PDF p. 29 |
| Expenses | |||
| Selling, general and administrativeUS$'000 | (16,727) | (21,064) | PDF p. 29 |
| Research and developmentUS$'000 | (4,733) | (9,663) | PDF p. 29 |
| Total expensesUS$'000 | (21,460) | (30,727) | PDF p. 29 |
| Income statement | |||
| Interest incomeUS$'000 | 352 | 426 | PDF p. 29 |
| Other incomeUS$'000 | 18 | 34 | PDF p. 29 |
| Other gainsUS$'000 | 1,349 | 1,106 | PDF p. 29 |
| Other lossesUS$'000 | (499) | (1) | PDF p. 29 |
| Interest expense on lease liabilitiesUS$'000 | (50) | (97) | PDF p. 29 |
| Loss before income taxUS$'000 | (380) | (10,379) | PDF p. 29 |
| Income tax expenseUS$'000 | (196) | (79) | PDF p. 29 |
| Net lossUS$'000 | (576) | (10,458) | PDF p. 29 |
| Attributable to | |||
| Equity holders of the CompanyUS$'000 | (586) | (10,444) | PDF p. 29 |
| Non-controlling interestsUS$'000 | 10 | (14) | PDF p. 29 |
| SubtotalUS$'000 | (576) | (10,458) | PDF p. 29 |
| Loss per share attributable to equity holders of the Company | |||
| - Diluted (US$ per share)US$ per share | (0.01) | (0.15) | PDF p. 29 |
Original report: PDF p. 29 ↗
The accompanying notes form an integral part of these financial statements.
The Basic (US$ per share) row (note 10) printed no values in the extracted text; not extracted.
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| Metric / unit | 2026Group, year ended 30 June 2026 | 2025Group, year ended 30 June 2025 | Source |
|---|---|---|---|
| Statement of comprehensive income | |||
| Net lossUS$'000 | (576) | (10,458) | PDF p. 30 |
| Items that will not be reclassified subsequently to profit or loss | |||
| Fair value gainUS$'000 | 7,891 | 928 | PDF p. 30 |
| Statement of comprehensive income | |||
| Total comprehensive income (loss) for the financial yearUS$'000 | 7,315 | (9,530) | PDF p. 30 |
| Total comprehensive income (loss) attributable to | |||
| Equity holders of the CompanyUS$'000 | 7,305 | (9,516) | PDF p. 30 |
| Non-controlling interestsUS$'000 | 10 | (14) | PDF p. 30 |
Original report: PDF p. 30 ↗
The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, as at 30 June 2026 | 2025Group, as at 30 June 2025 | 2026Company, as at 30 June 2026 | 2025Company, as at 30 June 2025 | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and cash equivalentsUS$'000 | 30,362 | 29,839 | 20,918 | 23,421 | PDF p. 31 |
| Assets held-for-sale - Financial assets at fair value through other comprehensive income (FVOCI)US$'000 | 4,727 | – | – | – | PDF p. 31 |
| Trade receivablesUS$'000 | 3,868 | 4,829 | 22 | 9 | PDF p. 31 |
| Amounts due from subsidiariesUS$'000 | – | – | 11,696 | 17,178 | PDF p. 31 |
| InventoriesUS$'000 | 13,861 | 16,490 | – | 8 | PDF p. 31 |
| Other current assetsUS$'000 | 2,048 | 1,306 | 549 | 183 | PDF p. 31 |
| SubtotalUS$'000 | 54,866 | 52,464 | 33,185 | 40,799 | PDF p. 31 |
| Non-current assets | |||||
| Financial assets at fair value through profit or loss (FVPL)US$'000 | 426 | 355 | – | – | PDF p. 31 |
| Financial assets at fair value through other comprehensive income (FVOCI)US$'000 | 13,783 | 10,619 | – | – | PDF p. 31 |
| Amounts due from subsidiariesUS$'000 | – | – | 6,673 | 9,355 | PDF p. 31 |
| Investments in subsidiariesUS$'000 | – | – | 16,047 | 15,667 | PDF p. 31 |
| Property and equipmentUS$'000 | 556 | 47 | 543 | 23 | PDF p. 31 |
| Right-of-use assets (ROU)US$'000 | 1,961 | 934 | 1,803 | 827 | PDF p. 31 |
| Other non-current assetsUS$'000 | 471 | 34 | 140 | – | PDF p. 31 |
| SubtotalUS$'000 | 17,197 | 11,989 | 25,206 | 25,872 | PDF p. 31 |
| Assets | |||||
| Total assetsUS$'000 | 72,063 | 64,453 | 58,391 | 66,671 | PDF p. 31 |
| Current liabilities | |||||
| Trade payablesUS$'000 | 4,791 | 3,734 | 1 | 40 | PDF p. 31 |
| Amounts due to subsidiariesUS$'000 | – | – | 65 | 5,148 | PDF p. 31 |
| Other creditors, accrued liabilities and provisionsUS$'000 | 7,391 | 8,873 | 1,886 | 2,662 | PDF p. 31 |
| Contract liabilitiesUS$'000 | 45 | 101 | – | – | PDF p. 31 |
| SubtotalUS$'000 | 12,955 | 13,654 | 2,409 | 8,713 | PDF p. 31 |
| Non-current liabilities | |||||
| Deferred income tax liabilitiesUS$'000 | 9,560 | 9,660 | – | – | PDF p. 31 |
| Liabilities | |||||
| Total liabilitiesUS$'000 | 23,602 | 23,339 | 53,322 | 58,835 | PDF p. 31 |
| Net assets | |||||
| NET ASSETSUS$'000 | 48,461 | 41,114 | 5,069 | 7,836 | PDF p. 31 |
| Equity | |||||
| Share capitalUS$'000 | 49,040 | 49,040 | 49,040 | 49,040 | PDF p. 31 |
| Treasury sharesUS$'000 | (16,035) | (16,035) | (16,035) | (16,035) | PDF p. 31 |
| Fair value reserveUS$'000 | 10,743 | 2,852 | – | – | PDF p. 31 |
| Other reservesUS$'000 | 42,486 | 42,454 | 30,139 | 30,107 | PDF p. 31 |
| Accumulated lossesUS$'000 | (38,162) | (37,576) | (58,075) | (55,276) | PDF p. 31 |
| SubtotalUS$'000 | 48,072 | 40,735 | 5,069 | 7,836 | PDF p. 31 |
| Total equityUS$'000 | 48,461 | 41,114 | 5,069 | 7,836 | PDF p. 31 |
Original report: PDF p. 31 ↗
Column order inferred from printed layout: Group 2026, Group 2025, Company 2026, Company 2025. Amounts in US$'000. Note numbers appear between label and values.
Rows 'Lease liabilities' (current and non-current), 'Current income tax liabilities' and 'Non-controlling interests' were omitted because OCR text was ambiguous about column alignment.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 30 June 2026, US$'000 | 2025Group, year ended 30 June 2025, US$'000 | Source |
|---|---|---|---|
| Profit or loss | |||
| Net lossUS$'000 | (576) | (10,458) | PDF p. 30 |
| Other comprehensive income (loss): Items that will not be reclassified subsequently to profit or loss: Financial assets at FVOCI | |||
| Fair value gainUS$'000 | 7,891 | 928 | PDF p. 30 |
| Total comprehensive income | |||
| Total comprehensive income (loss) for the financial yearUS$'000 | 7,315 | (9,530) | PDF p. 30 |
| Total comprehensive income (loss) attributable to | |||
| Equity holders of the CompanyUS$'000 | 7,305 | (9,516) | PDF p. 30 |
| Non-controlling interestsUS$'000 | 10 | (14) | PDF p. 30 |
Original report: PDF p. 30 ↗
For the financial year ended 30 June 2026. Group columns: 30 June 2026 US$’000, 30 June 2025 US$’000.
The accompanying notes form an integral part of these financial statements.
No separate Company comprehensive income statement is presented.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Share capital | 2026Group, Treasury shares | 2026Group, Fair value reserve | 2026Group, Other reserves | 2026Group, Retained earnings (accumulated losses) | 2026Group, Total (equity holders) | 2026Group, Non-controlling interests | 2026Group, Total equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | |||||||||
| Balance at 1 July 2025US$'000 | 49,040 | (16,035) | 2,852 | 42,454 | (37,576) | 40,735 | 379 | 41,114 | PDF p. 32 |
| Loss for the yearUS$'000 | – | – | – | – | (586) | (586) | 10 | (576) | PDF p. 32 |
| Other comprehensive income for the yearUS$'000 | – | – | 7,891 | – | – | 7,891 | – | 7,891 | PDF p. 32 |
| Total comprehensive income (loss) for the yearUS$'000 | – | – | 7,891 | – | (586) | 7,305 | 10 | 7,315 | PDF p. 32 |
| Employee share-based expenseUS$'000 | – | – | – | 32 | – | 32 | – | 32 | PDF p. 32 |
| Total transactions with owners, recognised directly in equityUS$'000 | – | – | – | 32 | – | 32 | – | 32 | PDF p. 32 |
| Balance at 30 June 2026US$'000 | 49,040 | (16,035) | 10,743 | 42,486 | (38,162) | 48,072 | 389 | 48,461 | PDF p. 32 |
Original report: PDF p. 32 ↗
For the financial year ended 30 June 2026. All columns US$’000.
The accompanying notes form an integral part of these financial statements.
No separate Company statement of changes in equity is presented.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Share capital | 2025Group, Treasury shares | 2025Group, Fair value reserve | 2025Group, Other reserves | 2025Group, Retained earnings (accumulated losses) | 2025Group, Total (equity holders) | 2025Group, Non-controlling interests | 2025Group, Total equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | |||||||||
| Balance at 1 July 2024US$'000 | 49,040 | (16,035) | 1,924 | 42,247 | (27,132) | 50,044 | 393 | 50,437 | PDF p. 32 |
| Loss for the yearUS$'000 | – | – | – | – | (10,444) | (10,444) | (14) | (10,458) | PDF p. 32 |
| Other comprehensive income for the yearUS$'000 | – | – | 928 | – | – | 928 | – | 928 | PDF p. 32 |
| Total comprehensive income (loss) for the yearUS$'000 | – | – | 928 | – | (10,444) | (9,516) | (14) | (9,530) | PDF p. 32 |
| Employee share-based expenseUS$'000 | – | – | – | 207 | – | 207 | – | 207 | PDF p. 32 |
| Total transactions with owners, recognised directly in equityUS$'000 | – | – | – | 207 | – | 207 | – | 207 | PDF p. 32 |
| Balance at 30 June 2025US$'000 | 49,040 | (16,035) | 2,852 | 42,454 | (37,576) | 40,735 | 379 | 41,114 | PDF p. 32 |
Original report: PDF p. 32 ↗
Comparative year ended 30 June 2025. All columns US$’000.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 30 June 2026, US$'000 | 2025Group, year ended 30 June 2025, US$'000 | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Net lossUS$'000 | (576) | (10,458) | PDF p. 33 |
| Operating - Adjustments for | |||
| Income tax expenseUS$'000 | 196 | 79 | PDF p. 33 |
| DepreciationUS$'000 | 1,135 | 1,244 | PDF p. 33 |
| Employee share-based expenseUS$'000 | 32 | 207 | PDF p. 33 |
| Loss on property and equipment written-offUS$'000 | 11 | 1 | PDF p. 33 |
| Gain on divestment of assetsUS$'000 | (859) | – | PDF p. 33 |
| Fair value gain on financial assets at FVPLUS$'000 | (95) | (16) | PDF p. 33 |
| Gain on liquidation of financial assets at FVPL previously written-offUS$'000 | (119) | – | PDF p. 33 |
| Currency translation loss (gain)US$'000 | 390 | (914) | PDF p. 33 |
| Interest incomeUS$'000 | (352) | (426) | PDF p. 33 |
| Interest expense on lease liabilitiesUS$'000 | 50 | 97 | PDF p. 33 |
| Operating - subtotal | |||
| (187) (10,186) (subtotal before working capital changes, unlabelled)US$'000 | (187) | (10,186) | PDF p. 33 |
| Operating - Changes in working capital | |||
| Trade receivablesUS$'000 | 961 | (1,081) | PDF p. 33 |
| InventoriesUS$'000 | 2,629 | 4,649 | PDF p. 33 |
| Other assets and receivablesUS$'000 | (903) | 757 | PDF p. 33 |
| Trade payablesUS$'000 | 1,057 | (3,324) | PDF p. 33 |
| Accrued liabilities and provisionsUS$'000 | (1,906) | (2,829) | PDF p. 33 |
| Contract liabilitiesUS$'000 | (56) | 24 | PDF p. 33 |
| Cash flows from operating activities | |||
| Cash provided by (used in) operationsUS$'000 | 1,595 | (11,990) | PDF p. 33 |
| Interest receivedUS$'000 | 376 | 441 | PDF p. 33 |
| Income tax refundedUS$'000 | 68 | 13 | PDF p. 33 |
| Net cash provided by (used in) operating activitiesUS$'000 | 2,039 | (11,536) | PDF p. 33 |
| Cash flows from investing activities | |||
| Purchase of property and equipmentUS$'000 | (585) | (26) | PDF p. 33 |
| Purchase of financial assets at FVOCIUS$'000 | – | (1,153) | PDF p. 33 |
| Proceeds from divestment of assetsUS$'000 | 700 | – | PDF p. 33 |
| Proceeds from liquidation and distribution of financial assets at FVPLUS$'000 | 143 | – | PDF p. 33 |
| Net cash provided by (used in) investing activitiesUS$'000 | 258 | (1,179) | PDF p. 33 |
| Cash flows from financing activities | |||
| Principal payment of lease liabilitiesUS$'000 | (1,115) | (1,311) | PDF p. 33 |
| Interest paid on lease liabilitiesUS$'000 | (50) | (97) | PDF p. 33 |
| Net cash used in financing activitiesUS$'000 | (1,165) | (1,408) | PDF p. 33 |
| Net change in cash | |||
| Net increase (decrease) in cash and cash equivalentsUS$'000 | 1,132 | (14,123) | PDF p. 33 |
| Cash and cash equivalents at beginning of financial yearUS$'000 | 29,839 | 42,122 | PDF p. 33 |
| Effects of currency translation on cash and cash equivalentsUS$'000 | (609) | 1,840 | PDF p. 33 |
| Cash and cash equivalents at end of financial yearUS$'000 | 30,362 | 29,839 | PDF p. 33 |
Original report: PDF p. 33 ↗
For the financial year ended 30 June 2026. No Company cash flow statement is presented. Financial year 2026 ended on 3 July 2026 and prior year on 27 June 2025; years are described by natural calendar dates (Note 2.1).
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| Metric / unit | 2026Group, FY2026 (year ended 30 June 2026) | 2025Group, FY2025 (year ended 30 June 2025) | Source |
|---|---|---|---|
| Overview | |||
| Sales, netUS$million | 60.9 | 67.4 | PDF p. 5 |
| Gross profitUS$million | 19.9 | 18.9 | PDF p. 5 |
| Gross profit margin% | 33 | 28 | PDF p. 5 |
| ExpensesUS$million | 21.5 | 30.7 | PDF p. 5 |
| Net lossUS$million | (0.6) | (10.5) | PDF p. 5 |
Original report: PDF p. 5 ↗
Gross profit in FY2026 included a US$1.3 million tariff refund from the U.S. Customs Office relating to global tariff refunds arising from judicial decisions. Excluding this refund, gross profit margin for FY2026 would be 31%.
Excluding the tariff refund, net loss in FY2026 was US$1.9 million. Excluding employee severance charges of US$3.1 million, net loss was US$7.4 million in FY2025.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY2026 | 2025Group, FY2025 | Source |
|---|---|---|---|
| Sales by Product Category | |||
| Audio, speakers and headphonesUS$million | 57.1 | 63.2 | PDF p. 5 |
| Personal digital entertainmentUS$million | 3.8 | 4.2 | PDF p. 5 |
| 60.9 67.4US$million | 60.9 | 67.4 | PDF p. 5 |
Original report: PDF p. 5 ↗
Total row has no printed label.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY2026 | 2025Group, FY2025 | Source |
|---|---|---|---|
| Sales by Region | |||
| Asia PacificUS$million | 20.4 | 24.2 | PDF p. 5 |
| The AmericasUS$million | 17.3 | 18.0 | PDF p. 5 |
| EuropeUS$million | 23.2 | 25.2 | PDF p. 5 |
| 60.9 67.4US$million | 60.9 | 67.4 | PDF p. 5 |
Original report: PDF p. 5 ↗
Total row has no printed label.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, 30 June 2026, Basic | 2026Group, 30 June 2026, Diluted | 2025Group, 30 June 2025, Basic | 2025Group, 30 June 2025, Diluted | Source |
|---|---|---|---|---|---|
| Loss per share | |||||
| Net loss attributable to equity holders of the CompanyUS$'000 | (586) | (586) | (10,444) | (10,444) | PDF p. 48 |
| Weighted average number of ordinary shares outstanding'000 shares | 70,397 | 70,397 | 70,397 | 70,397 | PDF p. 48 |
| Adjustments for dilutive effects of share options'000 shares | – | – | – | – | PDF p. 48 |
| Weighted average number of ordinary shares used to compute loss per share'000 shares | 70,397 | 70,397 | 70,397 | 70,397 | PDF p. 48 |
| Loss per share (US$)US$ per share | (0.01) | (0.01) | (0.15) | (0.15) | PDF p. 48 |
Original report: PDF p. 48 ↗
Basic loss per share is calculated by dividing the net loss attributable to equity holders of the Company by the weighted average number of ordinary shares outstanding during the financial year.
For the financial years ended 30 June 2026 and 2025, diluted earnings per share is the same as basic earnings per share. 1,946,000 share options (2025: 3,320,000 share options) were excluded from the computation of diluted earnings per share for the financial year ended 30 June 2026, as the effect of including such shares would be anti-dilutive.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, 30 June 2026 | 2025Group, 30 June 2025 | Source |
|---|---|---|---|
| Loss per share attributable to equity holders of the Company | |||
| - Diluted (US$ per share)US$ per share | (0.01) | (0.15) | PDF p. 29 |
Original report: PDF p. 29 ↗
The Basic row's values were not captured in the OCR text of this page (printed as '- Basic (US$ per share) | 10 |'); not inferred.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group income statement | |||
| Sales, netUSD thousand | 67,435 | 62,779 | PDF p. 30 |
| Cost of goods soldUSD thousand | (48,555) | (43,765) | PDF p. 30 |
| Gross profitUSD thousand | 18,880 | 19,014 | PDF p. 30 |
| Selling, general and administrativeUSD thousand | (21,064) | (21,246) | PDF p. 30 |
| Research and developmentUSD thousand | (9,663) | (9,691) | PDF p. 30 |
| Total expensesUSD thousand | (30,727) | (30,937) | PDF p. 30 |
| Interest incomeUSD thousand | 426 | 1,160 | PDF p. 30 |
| Other incomeUSD thousand | 34 | 277 | PDF p. 30 |
| Other gainsUSD thousand | 1,106 | 151 | PDF p. 30 |
| Other lossesUSD thousand | (1) | (211) | PDF p. 30 |
| Interest expense on lease liabilitiesUSD thousand | (97) | (175) | PDF p. 30 |
| Loss before income taxUSD thousand | (10,379) | (10,721) | PDF p. 30 |
| Income tax expenseUSD thousand | (79) | (98) | PDF p. 30 |
| Net lossUSD thousand | (10,458) | (10,819) | PDF p. 30 |
| Equity holders of the CompanyUSD thousand | (10,444) | (10,826) | PDF p. 30 |
| Non-controlling interestsUSD thousand | (14) | 7 | PDF p. 30 |
| Net loss attribution subtotalUSD thousand | (10,458) | (10,819) | PDF p. 30 |
Original report: PDF p. 30 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group income statement | |||
| Sales, netUSD thousand | 62,779 | 56,236 | PDF p. 30 |
| Cost of goods soldUSD thousand | (43,765) | (42,312) | PDF p. 30 |
| Gross profitUSD thousand | 19,014 | 13,924 | PDF p. 30 |
| Selling, general and administrativeUSD thousand | (21,246) | (20,793) | PDF p. 30 |
| Research and developmentUSD thousand | (9,691) | (14,334) | PDF p. 30 |
| Total expensesUSD thousand | (30,937) | (35,127) | PDF p. 30 |
| Interest incomeUSD thousand | 1,160 | 1,458 | PDF p. 30 |
| Other incomeUSD thousand | 277 | 54 | PDF p. 30 |
| Other gainsUSD thousand | 151 | 3,762 | PDF p. 30 |
| Other lossesUSD thousand | (211) | (548) | PDF p. 30 |
| Interest expense on lease liabilitiesUSD thousand | (175) | (72) | PDF p. 30 |
| Loss before income taxUSD thousand | (10,721) | (16,549) | PDF p. 30 |
| Income tax expenseUSD thousand | (98) | (140) | PDF p. 30 |
| Net lossUSD thousand | (10,819) | (16,689) | PDF p. 30 |
| Equity holders of the CompanyUSD thousand | (10,826) | (16,710) | PDF p. 30 |
| Non-controlling interestsUSD thousand | 7 | 21 | PDF p. 30 |
| Net loss attribution subtotalUSD thousand | (10,819) | (16,689) | PDF p. 30 |
Original report: PDF p. 30 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Group income statement | |||
| Sales, netUSD thousand | 61,324 | 84,467 | PDF p. 28 |
| Cost of goods soldUSD thousand | (41,827) | (56,385) | PDF p. 28 |
| Gross profitUSD thousand | 19,497 | 28,082 | PDF p. 28 |
| Selling, general and administrativeUSD thousand | (22,889) | (24,139) | PDF p. 28 |
| Research and developmentUSD thousand | (15,049) | (14,523) | PDF p. 28 |
| Total expensesUSD thousand | (37,938) | (38,662) | PDF p. 28 |
| Interest incomeUSD thousand | 206 | 137 | PDF p. 28 |
| Other incomeUSD thousand | 538 | 2,172 | PDF p. 28 |
| Other gainsUSD thousand | 10,183 | 956 | PDF p. 28 |
| Other lossesUSD thousand | (2,532) | (1) | PDF p. 28 |
| Interest expense on lease liabilitiesUSD thousand | (155) | (222) | PDF p. 28 |
| Loss before income taxUSD thousand | (10,201) | (7,538) | PDF p. 28 |
| Income tax expenseUSD thousand | (785) | (80) | PDF p. 28 |
| Net lossUSD thousand | (10,986) | (7,618) | PDF p. 28 |
| Equity holders of the CompanyUSD thousand | (10,978) | (7,670) | PDF p. 28 |
| Non-controlling interestsUSD thousand | (8) | 52 | PDF p. 28 |
Original report: PDF p. 28 ↗
Where the money comes from
| Item / unit | 2026first segment column (header not captured in OCR; likely Asia Pacific) | 2026second segment column (header not captured; likely The Americas) | 2026third segment column (header not captured; likely Europe) | 2026Total | Source |
|---|---|---|---|---|---|
| Segment results | |||||
| SalesUS$'000 | 20,414 | 17,306 | 23,202 | 60,922 | PDF p. 73 |
| (Loss) profit after total expensesUS$'000 | (4,571) | 2,186 | 835 | (1,550) | PDF p. 73 |
| Interest incomeUS$'000 | 352 | – | – | 352 | PDF p. 73 |
| Other incomeUS$'000 | 18 | – | – | 18 | PDF p. 73 |
| Other gains, netUS$'000 | 688 | 23 | 139 | 850 | PDF p. 73 |
| Interest expense on lease liabilitiesUS$'000 | (49) | (1) | – | (50) | PDF p. 73 |
| (Loss) profit before income taxUS$'000 | (3,562) | 2,208 | 974 | (380) | PDF p. 73 |
| Income tax expenseUS$'000 | (4) | (149) | (43) | (196) | PDF p. 73 |
| Net (loss) profitUS$'000 | (3,566) | 2,059 | 931 | (576) | PDF p. 73 |
| Other segment items | |||||
| Additions to property and equipmentUS$'000 | 585 | – | – | 585 | PDF p. 73 |
| Additions to right-of-use assetsUS$'000 | 1,976 | – | – | 1,976 | PDF p. 73 |
| DepreciationUS$'000 | 1,122 | 13 | – | 1,135 | PDF p. 73 |
| Fair value gain on financial assets at FVPLUS$'000 | 95 | – | – | 95 | PDF p. 73 |
| Assets and liabilities | |||||
| Segment assetsUS$'000 | 58,583 | 5,994 | 7,486 | 72,063 | PDF p. 73 |
| Segment liabilitiesUS$'000 | 10,812 | 1,084 | 11,706 | 23,602 | PDF p. 73 |
Segment column headings were not captured in the page text; the order (Asia Pacific, Americas, Europe) is inferred only from sales matching the country tables (USA 17,306; Ireland 23,202) and the note text listing Asia Pacific, Europe and The Americas. Services within Asia Pacific include investment holding.
CODM assesses performance based on net profit or loss. Revenue excludes inter-segment sales; geographic revenue is based on location of the selling entity.
| Item / unit | 2025first segment column (header not captured in OCR; likely Asia Pacific) | 2025second segment column (header not captured; likely The Americas) | 2025third segment column (header not captured; likely Europe) | 2025Total | Source |
|---|---|---|---|---|---|
| Segment results | |||||
| SalesUS$'000 | 24,235 | 17,998 | 25,202 | 67,435 | PDF p. 73 |
| (Loss) profit after total expensesUS$'000 | (11,864) | 561 | (544) | (11,847) | PDF p. 73 |
| Interest incomeUS$'000 | 424 | 2 | – | 426 | PDF p. 73 |
| Other incomeUS$'000 | 34 | – | – | 34 | PDF p. 73 |
| Other gains (losses), netUS$'000 | 2,004 | (15) | (884) | 1,105 | PDF p. 73 |
| Interest expense on lease liabilitiesUS$'000 | (95) | (1) | (1) | (97) | PDF p. 73 |
| (Loss) profit before income taxUS$'000 | (9,497) | 547 | (1,429) | (10,379) | PDF p. 73 |
| Income tax expenseUS$'000 | (2) | (7) | (70) | (79) | PDF p. 73 |
| Net (loss) profitUS$'000 | (9,499) | 540 | (1,499) | (10,458) | PDF p. 73 |
| Other segment items | |||||
| Additions to property and equipmentUS$'000 | 25 | 1 | – | 26 | PDF p. 73 |
| DepreciationUS$'000 | 1,185 | 20 | 39 | 1,244 | PDF p. 73 |
| Fair value gain on financial assets at FVPLUS$'000 | 16 | – | – | 16 | PDF p. 73 |
| Assets and liabilities | |||||
| Segment assetsUS$'000 | 49,633 | 5,500 | 9,320 | 64,453 | PDF p. 73 |
| Segment liabilitiesUS$'000 | 9,582 | 1,031 | 12,726 | 23,339 | PDF p. 73 |
Segment column headings were not captured in the page text; order inferred as for 2026. No additions to right-of-use assets line printed for 2025.
| Item / unit | 202630 June 2026 | 202530 June 2025 | Source |
|---|---|---|---|
| Net sales by product category | |||
| Audio, speakers and headphonesUS$'000 | 57,076 | 63,229 | PDF p. 74 |
| Personal digital entertainmentUS$'000 | 3,846 | 4,206 | PDF p. 74 |
| TotalUS$'000 | 60,922 | 67,435 | PDF p. 74 |
For FY ended 30 June 2026, no customers (2025: nil) accounted for 10% or more of net revenues.
| Item / unit | 202630 June 2026 | 202530 June 2025 | Source |
|---|---|---|---|
| Net sales by country | |||
| SingaporeUS$'000 | 12,837 | 16,830 | PDF p. 74 |
| United States of AmericaUS$'000 | 17,306 | 17,998 | PDF p. 74 |
| IrelandUS$'000 | 23,202 | 25,202 | PDF p. 74 |
| Other countriesUS$'000 | 7,577 | 7,405 | PDF p. 74 |
| TotalUS$'000 | 60,922 | 67,435 | PDF p. 74 |
Geographic revenue is based on the location of the selling entity.
| Item / unit | 202630 June 2026 | 202530 June 2025 | Source |
|---|---|---|---|
| Non-current assets by country | |||
| SingaporeUS$'000 | 2,356 | 871 | PDF p. 74 |
| United States of AmericaUS$'000 | 33 | 16 | PDF p. 74 |
| Other countriesUS$'000 | 128 | 94 | PDF p. 74 |
| TotalUS$'000 | 2,517 | 981 | PDF p. 74 |
Debt
| Item / unit | 202630 June 2026 | 202530 June 2025 | Source |
|---|---|---|---|
| Liquidity risk | |||
| Less than one yearUS$'000 | 675 | 974 | PDF p. 70 |
| Between one and two yearsUS$'000 | 1,129 | 25 | PDF p. 70 |
Printed text: As at 30 June 2026 and 30 June 2025, other than lease liabilities recognised in the balance sheet, the Group's financial liabilities mature in less than 1 year's time.
The amounts disclosed are contractual undiscounted cashflows. Only two maturity bands are printed in the extracted text; no bands beyond two years appear.
| Item / unit | 2026Group, 30 June 2026 | 2025Group, 30 June 2025 | 2026Company, 30 June 2026 | 2025Company, 30 June 2025 | Source |
|---|---|---|---|---|---|
| Lease liabilities | |||||
| Current lease liabilitiesUS$'000 | 581 | 945 | 457 | 863 | PDF p. 56 |
| Non-current lease liabilitiesUS$'000 | 1,087 | 25 | 1,054 | – | PDF p. 56 |
| Total lease liabilitiesUS$'000 | 1,668 | 970 | 1,511 | 863 | PDF p. 56 |
Total row has no printed label; label descriptor added. Group and Company columns are not mixed.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | The Company has not formally instituted a dividend policy. The Company would consider paying an annual dividend, taking into consideration the Company’s financial performance, present cash position, projected cash flow generated from operations and projected capital requirements. This is provided that the amount of dividend declared does not exceed the Company’s retained earnings. | Company | PDF p. 19 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| 30. DIVIDENDS | No dividend was paid in respect of the previous financial year and no dividend has been proposed for the financial year ended 30 June 2026. | Company; FY ended 30 June 2026 proposed, and previous financial year (FY2025) paid | PDF p. 63 |
Extracted from Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | PricewaterhouseCoopers LLP | Group | PDF p. 28 |
| Engagement partner | Theresa Sim May Ling | Group | PDF p. 28 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Inventory valuation | Inventory valuation is a key audit matter because the inventory and related allowance are | Group | PDF p. 26 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going concern | None reported | Group | PDF p. 27 |
Extracted from Annual Report 2026 and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.