v3.25.1
Summary of Material Accounting Policies (Tables)
 6 Months Ended 12 Months Ended
Dec. 31, 2024
Jun. 30, 2024
Summary Of Material Accounting Policies    
Schedule of Subsidiaries

Details of subsidiaries as of 31 December 2024 and 30 June 2024 were as follows:

 

Subsidiaries  % of legal ownership 31 Dec 2024   % of legal ownership 30 Jun 2024  

Country of

Incorporation

 

Principal business

activities

Australian Oilseeds Pty Ltd.   100%   100%  Australia  Investment
                 
Cootamundra Oilseeds Pty Ltd.   82.7%   82.7%  Australia  Oilseeds crushing business
                 
Cowcumbla Investments Pty Ltd.   82.7%   82.7%  Australia  Investment
                 
Good Earth Oils Pty Ltd.   100%   100%  Australia  Marketing and Distribution
                 
EDOC Acquisition Limited   100%   100%  Cayman Islands  SPAC

Details of subsidiaries as of June 30, 2024 and 2023 were as follows:

 Schedule of Subsidiaries

 

Subsidiaries  % of legal ownership 2024  % of legal ownership 2023 

Country of

Incorporation

 

Principal business

activities

Australian Oilseeds Pty Ltd.   100%   100%  Australia  Investment
Cootamundra Oilseeds Pty Ltd.   82.7%   82.7%  Australia  Oilseeds crushing business
Cowcumbla Investments Pty Ltd.   82.7%   82.7%  Australia  Investment
Good Earth Oils Pty Ltd.   100%   50%  Australia  Marketing and Distribution
EDOC Acquisition Limited   100%   0%  Cayman Islands  SPAC
Schedule of Depreciation rates  

The depreciation rates used for each class of depreciable assets are shown below:

Schedule of Depreciation rates

 

   Depreciation 
Fixed asset class  rate 
Buildings   3%
Plant and Equipment   3% to 33% 
Motor Vehicles   17% to 25% 
Office Equipment   3% to 50% 
Schedule of Total Sales From Each Customer

 

   Unaudited Total Sales for
The Three Months Ended		   Unaudited Total Sales for
The Six Months Ended		  

Outstanding

Balance of Trade Receivables as at

 
   31 December 2024   31 December 2024   31 December 2024 
Customer  AUD$   AUD$   AUD$ 
Costco Wholesale Australia   2,541,792    6,642,864    745,008 
Energreen Nutrition Australia Pty Ltd.   1,850,156    3,117,863    1,474,914 
Daabon Organic Australia & Daabon Japan Pty Ltd.   1,425,514    1,956,059    1,570,443 
Rivalea (Australia) Pty Ltd. – Animal Nutrition   745,063    1,353,151    295,248 
Woolworths   727,559    1,734,048    118,736 

 

 

  

Total Sales for
the Three Months Ended
31 December 2023

  

Total Sales for
the Six Months Ended
31 December 2023

  

Outstanding
Balance of Trade Receivables as at
31 December 2023

 
Customer  AUD$   AUD$   AUD$ 
Energreen Nutrition Australia Pty Ltd.   1,981,583    3,171,708    - 
Daabon Organic Australia & Daabon Japan Pty Ltd.   1,530,008    2,411,387    831,354 
Costco Wholesale Australia   1,356,052    3,977,229    573,714 
Daabon Organic Australia Pty Ltd.   1,142,306    1,142,306    1,031,797 
Hygain NSW (Proprietary) Limited   1,095,955    2,320,163    482,525 
    Total Sales    Outstanding Balance of Trade Receivables 
   Total Sales for   

Outstanding

Balance of Trade

 
  the Year Ended   Receivables as at 
  30 June 2024   30 June 2024 
Customer

  AUD$   AUD$ 
Daabon Organic Australia Pty Ltd.   6,026,698    1,703,927 
Costco Wholesale Australia   5,857,260    1,229,271 
Energreen Nutrition Australia Pty Ltd.   4,838,204    - 
Hygain NSW (Proprietary) Ltd.   3,306,466    250,845 
100% Bottling Company Pty Ltd.   1,911,641    - 

 

   Total Sales   Outstanding Balance of Trade Receivables 
Customer 

Total Sales for
the Year Ended
30 June 2023

AUD$

  

Outstanding
Balance of Trade Receivables as at
30 June 2023

AUD$

 
100% Bottling Company Pty Ltd.   5,484,307    1,446,763 
Hygain NSW (Proprietary) Ltd.   4,504,121    453,344 
Good Earth Oils Pty Ltd.   3,380,714    1,226,945 
Pryde’s EasiFeed Pty Ltd.   2,179,696    155,412 
Energreen Nutrition Australia Pty Ltd.   1,693,451    -