v3.25.1
Condensed Consolidated Statements of Financial Position - AUD ($)
Dec. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
CURRENT ASSETS      
Cash and cash equivalents $ 1,437,667 $ 514,140 $ 121,273
Trade and other receivables 6,604,080 4,470,101 4,437,253
Inventories 4,788,094 6,202,160 1,020,469
Prepayment of seed purchase   3,672,697
Other current assets 806,452 201,830 553,315
TOTAL CURRENT ASSETS 13,636,293 11,388,231 9,805,007
NON-CURRENT ASSETS      
Investments in associates   89,977
Property, plant and equipment 15,652,841 14,617,513 10,542,592
Right-of-use asset 896,392 944,420 1,040,472
Other assets 429,841
Deferred tax assets 34,270 34,270
Intangible assets 2,582,495 2,582,495 2,582,495
TOTAL NON-CURRENT ASSETS 19,165,998 18,608,539 14,255,536
TOTAL ASSETS 32,802,291 29,996,770 24,060,543
CURRENT LIABILITIES      
Trade and other payables 9,561,164 10,455,684 6,712,768
Borrowings 2,949,677 978,574 396,881
Lease liability, current 89,109 89,109 82,386
Income Tax liabilities 128,927
Related party loans 6,573,652 4,111,661 3,188,006
Convertible note, net of discount 1,454,163 1,181,953
Warrant liabilities 238,613 238,613
Promissory note – related party, current 993,180 968,216
Employee benefits 169,407 201,024 103,734
TOTAL CURRENT LIABILITIES 22,028,965 18,353,761 10,483,775
NON-CURRENT LIABILITIES      
Borrowings 4,668,015 5,051,910 2,078,570
Promissory note - related party, non-current 273,676 273,676
Lease liability, non-current 834,791 879,347 971,752
Related party loans 5,055,942 4,530,507 2,873,929
TOTAL NON-CURRENT LIABILITIES 10,832,424 10,735,440 5,924,251
TOTAL LIABILITIES 32,861,389 29,089,201 16,408,026
NET (LIABILITIES)/ASSET (59,098) 907,569 7,652,517
EQUITY      
Share capital 3,562 3,562 2,860
Share premium 17,064,658 17,064,658 2,579,627
Accumulated losses (18,892,185) (17,950,222) 3,712,333
Total deficit attributable to equity holders of the Company (1,823,965) (882,002) 6,294,820
Non-controlling interest 1,764,867 1,789,571 1,357,697
TOTAL (DEFICIT)/EQUITY $ (59,098) $ 907,569 $ 7,652,517