v3.25.1
Summary of Error Corrections and Prior Period Adjustments (Details) - AUD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Sep. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Mar. 31, 2025
Mar. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
IfrsStatementLineItems [Line Items]                      
Trade and other receivables $ 5,743,369           $ 5,743,369   $ 4,470,101 $ 4,437,253  
Prepayment of seed purchase                 3,672,697  
Inventories 4,180,903           4,180,903   6,202,160 1,020,469  
TOTAL CURRENT ASSETS 11,962,081           11,962,081   11,388,231 9,805,007  
Property, plant and equipment 15,661,741           15,661,741   14,617,513 10,542,592 $ 7,902,448
Right-of-use asset 872,378           872,378   944,420 1,040,472  
TOTAL NON-CURRENT ASSETS 19,150,884           19,150,884   18,608,539 14,255,536  
TOTAL ASSETS 31,112,965           31,112,965   29,996,770 24,060,543  
Trade and other payables 9,025,055           9,025,055   10,455,684 6,712,768  
Lease liability, current 89,109           89,109   89,109 82,386  
Related party loans 8,404,186           8,404,186   4,111,661 3,188,006  
TOTAL CURRENT LIABILITIES 21,584,392           21,584,392   18,353,761 10,483,775  
Lease liability, non-current 812,513           812,513   879,347 971,752  
Related party loans 4,981,586           4,981,586   4,530,507 2,873,929  
TOTAL NON-CURRENT LIABILITIES 10,541,264           10,541,264   10,735,440 5,924,251  
TOTAL LIABILITIES 32,125,656           32,125,656   29,089,201 16,408,026  
Retained earnings (19,451,943)           (19,451,943)   (17,950,222) 3,712,333  
Total deficit attributable to equity holders of the Company (2,706,683)           (2,706,683)   (882,002) 6,294,820  
Non-controlling interest 1,693,992           1,693,992   1,789,571 1,357,697  
Cost of goods sold 8,864,653     $ 5,692,410     27,562,995 $ 21,068,310 27,810,782 24,062,603  
Gross profit 565,575     603,441     2,600,949 4,918,476 5,916,440 4,986,742  
Finance expenses (471,238)     (162,260)     (1,280,428) (384,859) (835,813) (612,735)  
Occupancy costs (8,650)     (4,595)     (21,745) (18,612) (43,990) (12,298)  
Depreciation (28,123)     (2,482)     (60,077) (4,369) (17,473) (24,444)  
(Loss) Profit before income tax (581,539)     41,185     (1,548,204) 2,422,104 (20,917,260) 1,954,848  
Profit from continuing operations (49,094)         (49,094) (313,421) (109,878)  
Profit attributable to:                      
Members of the parent entity (559,758)     26,324     (1,501,719) 1,858,356 (21,662,555) 1,432,693  
Non-controlling interests (70,875)     14,861     (95,579) 563,748 431,874 412,277  
Retained earnings, balance at 1 July 2022     $ (17,950,222)     $ 3,712,333 (17,950,222) 3,712,333 3,712,333    
Profit attributable to members of the parent entity, retained earnings (630,633) $ (320,332) (646,335) 41,185 $ 970,388 1,410,531 (1,597,298) 2,422,104 (21,230,681) 1,844,970  
Retained earnings, balance at 30 June 2023 (19,451,943)           (19,451,943)   (17,950,222) 3,712,333  
Non-controlling interests, balance at 30 June 2023 1,693,992           1,693,992   1,789,571 1,357,697  
Balance (59,098) 261,234 907,569 10,033,436 9,063,048 7,652,517 907,569 7,652,517 7,652,517 5,807,547  
Balance $ (1,012,691) $ (59,098) $ 261,234 $ 10,036,690 $ 10,033,436 9,063,048 $ (1,012,691) 10,036,690 907,569 7,652,517 5,807,547
Previously stated [member]                      
IfrsStatementLineItems [Line Items]                      
Trade and other receivables                   4,579,879  
Prepayment of seed purchase                   3,951,896  
Tax assets                   224,215  
Inventories                   1,143,033  
TOTAL CURRENT ASSETS                   10,319,851  
Property, plant and equipment                   10,261,910  
Right-of-use asset                    
TOTAL NON-CURRENT ASSETS                   12,934,382  
Accounts receivable                     3,717,696
TOTAL ASSETS                   23,254,233  
Trade and other payables                   6,473,495  
Lease liability, current                    
Related party loans                   4,585,751  
TOTAL CURRENT LIABILITIES [1]                   10,211,821  
Lease liability, non-current                    
Related party loans                   2,982,499  
TOTAL NON-CURRENT LIABILITIES                   5,061,069  
Other assets                     1,373,489
TOTAL LIABILITIES                   15,272,890  
Retained earnings                   4,051,390 2,652,310
Retained earnings attributable to members of the parent entity                     2,541,200
Total deficit attributable to equity holders of the Company                   6,633,877  
Non-controlling interest                 1,347,466 1,347,466  
Cost of goods sold                   20,498,069 [2] 18,797,541
Gross profit                   8,551,276  
General and administrative expenses                   3,331,864 [3] 1,139,999
Finance expenses                   552,076  
Occupancy costs [4]                   40,890  
Employee benefits expense [4]                   2,302,641  
Depreciation [4]                   461,074  
(Loss) Profit before income tax                   1,911,004  
Profit from continuing operations                   1,801,126  
Profit attributable to:                      
Members of the parent entity                   1,399,080  
Non-controlling interests                   402,046  
Retained earnings, balance at 1 July 2022           4,051,390   4,051,390 4,051,390 2,652,310  
Profit attributable to members of the parent entity, retained earnings                   1,399,080  
Retained earnings, balance at 30 June 2023                   4,051,390 2,652,310
Non-controlling interests, balance at 30 June 2023                 1,347,466 1,347,466  
Balance           7,981,343   7,981,343 7,981,343 6,180,217  
Profit attributable to members of the parent entity, total equity                   1,801,126  
Balance                   7,981,343 6,180,217
Increase (decrease) due to corrections of prior period errors [member]                      
IfrsStatementLineItems [Line Items]                      
Trade and other receivables                   (142,626)  
Prepayment of seed purchase                   (279,199)  
Tax assets                   29,545  
Inventories                   (122,564)  
TOTAL CURRENT ASSETS                   (514,844)  
Property, plant and equipment                   280,682  
Right-of-use asset                   1,040,472  
TOTAL NON-CURRENT ASSETS                   1,321,154  
Accounts receivable                     (77,938)
TOTAL ASSETS                   806,310  
Trade and other payables                   239,273  
Lease liability, current                   82,386  
Related party loans                   (1,397,745)  
TOTAL CURRENT LIABILITIES [1]                   271,954  
Lease liability, non-current                   971,752  
Related party loans                   (108,570)  
TOTAL NON-CURRENT LIABILITIES                   863,182  
Other assets                     (294,733)
TOTAL LIABILITIES                   1,135,136  
Retained earnings                   (339,057) (372,670)
Retained earnings attributable to members of the parent entity                     (372,671)
Total deficit attributable to equity holders of the Company                   (339,057)  
Non-controlling interest                 10,231 10,231  
Cost of goods sold                   3,564,534 [2] 294,733
Gross profit                   (3,564,534)  
General and administrative expenses                   (864,432) [3] 77,938
Finance expenses                   60,659  
Occupancy costs [4]                   (40,890)  
Employee benefits expense [4]                   (2,302,641)  
Depreciation [4]                   (461,074)  
(Loss) Profit before income tax                   43,844  
Profit from continuing operations                   43,844  
Profit attributable to:                      
Members of the parent entity                   33,613  
Non-controlling interests                   10,231  
Retained earnings, balance at 1 July 2022           (339,057)   (339,057) (339,057) (372,670)  
Profit attributable to members of the parent entity, retained earnings                   33,613  
Retained earnings, balance at 30 June 2023                   (339,057) (372,670)
Non-controlling interests, balance at 30 June 2023                 10,231 10,231  
Balance           (328,826)   (328,826) (328,826) 372,670  
Profit attributable to members of the parent entity, total equity                   43,844  
Balance                   (328,826) 372,670
Restated [member]                      
IfrsStatementLineItems [Line Items]                      
Trade and other receivables                   4,437,253  
Prepayment of seed purchase                   3,672,697  
Tax assets                   253,760  
Inventories                   1,020,469  
TOTAL CURRENT ASSETS                   9,805,007  
Property, plant and equipment                   10,542,592  
Right-of-use asset                   1,040,472  
TOTAL NON-CURRENT ASSETS                   14,255,536  
Accounts receivable                     3,639,758
TOTAL ASSETS                   24,060,543  
Trade and other payables                   6,712,768  
Lease liability, current                   82,386  
Related party loans                   3,188,006  
TOTAL CURRENT LIABILITIES [1]                   10,483,775  
Lease liability, non-current                   971,752  
Related party loans                   2,873,929  
TOTAL NON-CURRENT LIABILITIES                   5,924,251  
Other assets                     1,078,756
TOTAL LIABILITIES                   16,408,026  
Retained earnings                   3,712,333 2,279,640
Retained earnings attributable to members of the parent entity                     2,168,529
Total deficit attributable to equity holders of the Company                   6,294,820  
Non-controlling interest                 1,357,697 1,357,697  
Cost of goods sold                   24,062,603 [2] 19,092,274
Gross profit                   4,986,742  
General and administrative expenses                   2,467,432 [3] 1,217,937
Finance expenses                   612,735  
Occupancy costs [4]                    
Employee benefits expense [4]                    
Depreciation [4]                    
(Loss) Profit before income tax                   1,954,848  
Profit from continuing operations                   1,844,970  
Profit attributable to:                      
Members of the parent entity                   1,432,693  
Non-controlling interests                   412,277  
Retained earnings, balance at 1 July 2022           3,712,333   3,712,333 3,712,333 2,279,640  
Profit attributable to members of the parent entity, retained earnings                   1,432,693  
Retained earnings, balance at 30 June 2023                   3,712,333 2,279,640
Non-controlling interests, balance at 30 June 2023                 1,357,697 1,357,697  
Balance           $ 7,652,517   $ 7,652,517 $ 7,652,517 6,552,887  
Profit attributable to members of the parent entity, total equity                   1,844,970  
Balance                   $ 7,652,517 $ 6,552,887
[1] Includes the correction of a footing error of $1,348,040
[2] Includes $436,629 of depreciation, $40,890 of occupancy costs, and $2,154,793 of employee benefits expense reclassified to conform to the presentation in the current period.
[3] Includes $24,445 of depreciation and $147,848 of employee benefits expense reclassified to conform to the presentation in the current period.
[4] Certain prior year amounts have been reclassified to conform to the presentation in the current period. These reclassifications had no effect on the reported results of operations.