Gelteq Limited (GELS) Income Statement
GELS FY2025 at a glance
Fiscal year ended June 30, 2025 · Australian dollarsGELS revenue and net income
Where GELS's revenue goes
FY2025Each bar shows an amount and its share of revenue. GELS kept −4,011.9% of revenue as net income.
GELS profit margins
GELS growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | +3.9% | — | — |
| Gross profit | — | +46.5% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GELS income statement in Australian dollars
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | A$165,645 | A$0 | A$79,843 | A$147,536 | A$0 | A$0 |
| Cost of revenue | A$0 | A$0 | A$48,925 | A$94,874 | A$0 | — |
| Gross profit | A$165,645 | A$0 | A$30,918 | A$52,662 | A$0 | — |
| Research & development | A$628,606 | A$276,057 | A$665,035 | A$529,017 | A$277,055 | A$342,357 |
| Sales, general & admin | A$2.2M | A$1.3M | A$1.7M | A$1.5M | A$450,954 | A$168,688 |
| Total operating expenses | A$5.7M | A$2.9M | A$3.1M | A$3.2M | A$647,624 | A$529,620 |
| Operating income | −A$5.5M | −A$2.9M | −A$3.1M | −A$3.2M | −A$647,624 | — |
| Interest expense | A$1.9M | A$585,120 | A$403,521 | A$174,503 | A$1,297 | — |
| Income before taxes | −A$6.6M | −A$3.5M | −A$3.5M | −A$3.4M | −A$648,921 | −A$529,620 |
| Income taxes | — | — | — | — | — | −A$154,033 |
| Net income | −A$6.6M | −A$3.5M | −A$3.5M | −A$3.4M | −A$648,921 | −A$375,587 |
| EBITDA | −A$3.5M | −A$1.8M | −A$1.9M | −A$2.0M | −A$589,679 | −A$527,233 |
| Gross margin | 100.0% | — | 38.7% | 35.7% | — | — |
| Operating margin | −3,317.7% | — | −3,885.3% | −2,164.4% | — | — |
| Net margin | −4,011.9% | — | −4,391.4% | −2,283.4% | — | — |
| Mar '26 | Sep '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 | Jun '23 | Jun '22 | Jun '21 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$89,296 | A$89,296 | A$50,860 | A$0 | A$0 | A$0 | A$0 | A$147,536 | A$0 |
| Cost of revenue | A$0 | A$57,699 | A$57,699 | — | A$0 | — | A$0 | A$0 | — |
| Gross profit | A$89,296 | A$89,296 | −A$6,838 | — | A$0 | — | −A$1 | A$147,536 | — |
| Research & development | A$192,364 | A$192,364 | A$157,067 | A$88,231 | A$88,231 | A$86,892 | A$234,479 | A$210,551 | A$54,947 |
| Sales, general & admin | A$1.2M | A$1.2M | A$381,275 | A$561,187 | A$550,352 | A$15,101 | A$705,442 | A$1.1M | A$157,199 |
| Total operating expenses | A$1.9M | A$1.9M | A$1.4M | A$966,555 | A$911,620 | A$10.1M | A$833,354 | A$1.2M | A$391,986 |
| Operating income | −A$1.8M | −A$1.8M | −A$1.4M | −A$966,555 | −A$911,620 | −A$10.1M | −A$833,355 | −A$1.0M | — |
| Interest expense | A$451,036 | A$451,036 | — | A$151,477 | A$151,477 | A$146,852 | A$113,338 | A$100,979 | A$1,297 |
| Income before taxes | −A$1.9M | −A$1.9M | −A$1.7M | −A$1.1M | −A$1.1M | −A$727,419 | −A$947,830 | −A$1.2M | −A$393,283 |
| Income taxes | — | — | — | — | — | — | — | — | −A$159,869 |
| Net income | −A$1.9M | −A$1.9M | −A$1.7M | −A$1.1M | −A$1.1M | −A$727,419 | −A$947,830 | −A$1.2M | −A$233,414 |
| EBITDA | −A$1.5M | −A$1.5M | −A$1.2M | −A$683,628 | — | −A$279,744 | −A$527,688 | −A$829,366 | −A$335,831 |
| Gross margin | 100.0% | 100.0% | −13.4% | — | — | — | — | 100.0% | — |
| Operating margin | −1,986.0% | −1,986.0% | −2,764.4% | — | — | — | — | −705.9% | — |
| Net margin | −2,095.3% | −2,095.3% | −3,284.6% | — | — | — | — | −838.2% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in Australian dollars as reported in GELS's financial statements (latest annual report filed June 30, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GELS financial results
In fiscal year 2025 (ended June 30, 2025), Gelteq reported revenue of A$0.2 million. It had a net loss of A$6.6 million, a net profit margin of −4,011.9%. Figures are in Australian dollars, the currency of its financial statements.
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GELS income statement FAQ
What is Gelteq's annual revenue?
Gelteq reported total revenue of A$0.2 million for fiscal year 2025, which ended on June 30, 2025.
Is Gelteq profitable?
No. Gelteq reported a net loss of A$6.6 million in fiscal 2025, a net profit margin of −4,011.9%; its operating margin was −3,317.7%.
What is Gelteq's gross margin?
Gelteq's gross margin was 100.0% in fiscal 2025: for every $100 of revenue, Gelteq kept $100 after the direct cost of its products and services.
How much does Gelteq spend on research and development?
Gelteq spent A$0.6 million on research and development in fiscal 2025, 379.5% of revenue.
When does Gelteq's fiscal year end?
Gelteq's fiscal year ends in June. The latest annual report covers the year ended June 30, 2025 and was filed on June 30, 2025.