v3.25.1
Lease liabilities
6 Months Ended
Dec. 31, 2024
Lease liabilities  
Lease liabilities

15.Lease liabilities

Group as a lessee

The Group has lease contracts for leasehold offices. The Group’s obligations under these leases are secured by the lessor’s title to the leased assets. The Group is restricted from assigning and subletting the leased assets.

Carrying amount of lease right-of-use assets

    

Leasehold

office

US$

As at July 1, 2023

 

273,838

Depreciation

 

(73,024)

Written off

(200,814)

As at June 30, 2024

Addition

723,640

Depreciation

 

(19,558)

At December 31, 2024

 

704,082

15.Lease liabilities (Continued)

Lease liabilities

The carrying amount of lease liabilities and the movement during the financial year are disclosed elsewhere in the consolidated financial statements, and the maturity analysis of lease liabilities is disclosed in Note 24.

    

December 31, 

    

June 30, 

2024

2024

US$

US$

Current

 

230,310

 

Non-current

 

484,574

 

Amounts recognized in profit or loss

    

December 31, 

    

June 30, 

2024

2024

US$

US$

Depreciation of right-of-use assets

 

19,558

 

73,024

Interest expense on lease liabilities (Note 20)

 

2,005

 

3,355

 

21,563

 

76,379

Total cash outflows

The Group had total cash outflows for leases of US$129,176 and US$10,761 for the year/period ended June 30, 2024 and December 31, 2024, respectively.