v3.25.1
Revenue
6 Months Ended 12 Months Ended
Dec. 31, 2024
Jun. 30, 2024
Notes and other explanatory information [abstract]    
Revenue

12. Revenue

 

The Company derives its revenue principally from wholesale and retail sales of chemical free, non-GMO, sustainable edible oils and products derived from oilseeds. The Company derives revenue from the transfer of goods at a point in time. The table below shows the Company’s revenue disaggregated by product type.

 

   2024   2023 
   Three Months Ended 31 December 
   2024   2023 
   AUD$   AUD$ 
         
Wholesale oils  $2,346,987   $3,057,273 
High protein meals   2,836,170    3,264,452 
Other sales   43,439    123,143 
Retail oils   5,178,255    3,507,595 
Total revenues  $10,404,851   $9,952,463 

 

   2024   2023 
   Six Months Ended 31 December 
   2024   2023 
   AUD$   AUD$ 
         
Wholesale oils  $4,436,210   $6,212,808 
High protein meals   5,346,643    5,957,922 
Toll crushing service   -    222,095 
Seeds   -    23,490 
Other sales   68,416    200,271 
Retail oils   10,882,447    7,074,349 
Total revenues  $20,733,716   $19,690,935 

 

16 Revenue

 

The Company derives its revenue principally from wholesale and retail sales of chemical free, non-GMO, sustainable edible oils and products derived from oilseeds. The Company derives revenue from the transfer of goods at a point in time. The table below shows the Company’s revenue disaggregated by product type.

 

   2024   2023 
   Year Ended June 30, 
   2024   2023 
       Restated 
Wholesale oils  $11,481,072   $20,451,942 
Hype protein meals   9,175,505    5,577,709 
Toll crushing service   222,095    2,156,827 
Seeds   -    664,000 
Other sales   291,351    198,867 
Retail oils   12,557,199    - 
Total revenues  $33,727,222   $29,049,345