| Schedule of Reconciliation of Cash |
Cash
for the nine months ended 31 March 2025 and 2024 as shown in the consolidated statement of cash flows is reconciled to items in the consolidated
statement of financial position as follows:
Schedule
of Reconciliation of Cash
| | |
31
March 2025 | | |
31
March 2024 | |
| | |
AUD$ | | |
AUD$ | |
| Cash
and cash equivalents | |
| 1,435,123 | | |
| 938,198 | |
|
Cash
at the end of the financial year as shown in the consolidated statement of cash flows is reconciled to items in the consolidated statement
of financial position as follows:
Schedule
of Reconciliation of Cash
| | |
2024 | | |
2023 | |
| | |
| AUD$ | | |
| AUD$ | |
| Cash and cash equivalents | |
| 514,140 | | |
| 121,273 | |
|
| Schedule of Reconciliation of Net Income to Net Cash Provided by Operating Activities |
Reconciliation
of net income to net cash provided by operating activities:
Schedule of Reconciliation of Net Income
to Net Cash Provided by Operating Activities
| | |
| | | |
| | |
| (Loss)
Profit for the period | |
| (1,597,298 | ) | |
| 2,422,104 | |
| Non-cash
flows in (loss) profit: | |
| | | |
| | |
| –
Other operating non-cash items | |
| 50,158 | | |
| 12,787 | |
| –
depreciation | |
| 311,546 | | |
| 364,004 | |
| –
Amortization of debt discount | |
| 413,552 | | |
| - | |
| Changes
in assets and liabilities: | |
| | | |
| | |
| –
(increase)/decrease in trade and other receivables | |
| (1,273,268 | ) | |
| 3,033,400 | |
| –
(increase)/decrease in other assets | |
| (580,866 | ) | |
| (1,133,313 | ) |
| –
(increase)/decrease in inventories | |
| 2,021,257 | | |
| (3,517,356 | ) |
| –
increase/(decrease) in trade and other payables | |
| (1,106,154 | ) | |
| (245,633 | ) |
| –
increase/(decrease) in provisions | |
| (181,896 | ) | |
| 323,492 | |
| Cash
flows from/(used in) operations | |
| (1,942,969 | ) | |
| 1,259,485 | |
|
Reconciliation
of net income to net cash provided by operating activities:
Schedule
of Reconciliation of Net Income to Net Cash Provided by Operating Activities
| | |
| | | |
| | |
| (Loss) Profit for the year | |
| (21,230,681 | ) | |
| 1,844,970 | |
| Non-cash flows in profit: | |
| | | |
| | |
| – cash flows excluded from profit attributable to operating activities | |
| | | |
| | |
| – gain on forgiveness of payables | |
| (670,782 | ) | |
| | |
| – depreciation | |
| 498,566 | | |
| 571,899 | |
| -interest | |
| | | |
| | |
| – Recapitalization expense | |
| 16,301,915 | | |
| - | |
| – change in fair value of warrants | |
| (141,874 | ) | |
| - | |
| Changes in assets and liabilities: | |
| | | |
| | |
| – (increase)/decrease in trade and other receivables | |
| (32,848 | ) | |
| (884,401 | ) |
| – (increase)/decrease in prepayment of seed purchase | |
| 3,672,697 | | |
| (2,593,941 | ) |
| – (increase)/decrease in other assets | |
| 351,485 | | |
| (1,174,503 | ) |
| – (increase)/decrease in inventories | |
| (5,181,691 | ) | |
| 112,917 | |
| – increase/(decrease) in trade and other payables (1) | |
| 3,742,915 | | |
| 2,778,396 | |
| – increase/(decrease) in provisions | |
| 505,368 | | |
| 34,459 | |
| Cash flows from operations | |
| (2,184,930 | ) | |
| 689,796 | |
| (1) | Included in this balance is a noncash amount related to recapitalization costs of $5,163,951 |
|
| Schedule of Non-cash Investing and Financing Activities |
Non-cash
investing and financing activities were as follows:
Schedule
of Non-cash Investing and Financing Activities
| | |
31
March 2025 | | |
31
March 2024 | |
| Intangible
asset | |
| - | | |
| 50,000 | |
| Accrued
expenses and warrant liabilities assumed upon closing of the merger with EDOC | |
| 136,105 | | |
| - | |
| Property
Plant & Equipment (PPE) | |
| | | |
| | |
| Prepayment
for purchase of PPE in FY 2024 capitalised in Half year ended 31 December 2024 | |
| 429,841 | | |
| - | |
| Payments
made by related party for company’s accrued expenses | |
| 550,702 | | |
| - | |
|
Schedule
of Non-cash Investing and Financing Activities
| | |
2024 | | |
2023 | |
| Acquisition of ROU assets and lease liabilities | |
| - | | |
| 275,953 | |
| Purchases of property, plant and equipment in trade payables | |
| 877,967 | | |
| 64,011 | |
| Accrued expenses and warrant liabilities assumed upon closing of the merger with EDOC | |
| 5,938,467 | | |
| - | |
| Promissory note – related party assumed upon closing of the merger with EDOC | |
| 1,216,928 | | |
| - | |
|