v3.26.1
Related Parties
6 Months Ended
Dec. 31, 2025
Related Parties [Abstract]  
Related Parties

20. Related Parties

 

(a) The Company’s main related parties are as follows:

 

Key management personnel — refer to Note 17.

 

Other related parties include close family members of key management personnel and entities that are controlled or significantly influenced by those key management personnel or their close family members and American Physicians, LLC, shareholders from the Sponsor of EDOC.

 

(b) Transactions with related parties.

 

The following transactions occurred with related parties:

 

For the six months ended December 31, 2025 and the year ended June 30, 2025 a related party loan is owed to JSKS Enterprises Pty Ltd., which is the trustee of Gary Seaton Family Trust, and interest rate charge is 6% per annum. to be repaid within 12 months after the year end, and the remaining principal shall be repaid more than 12 months after the year end.

 

For the six months ended December 31, 2025 and the year ended June 30, 2025 a related party loan is owed to Energreen Nutrition Australia Pty Ltd., which is controlled by Gary Seaton, and interest rate charge is 6% per annum and expected to be repaid in full within 12 months after the year end.

 

For the six months ended December 31, 2025 and the year ended June 30, 2025 the remaining related party loan relates to an interest free loan owed to CQ Oilseeds Pty Ltd.

 

    Purchases of
Seed for the
Six Months Ended
December 31,
2025
    Purchases of
Oils for the
Six Months Ended
December 31,
2025
    Sales of Meals/Oil
for the
Six Months
Ended
December 31,
2025
    Other Sales
for the
Six Months Ended
December 31,
2025
    Management
Fee for the
Six Months Ended
December 31,
2025
    Lease for the
Six Months Ended
December 31,
2025
 
    AUD$     AUD$     AUD$     AUD$     AUD$     AUD$  
Related parties                                    
Energreen Nutrition Australia Pty Ltd     4,100,425       -       2,550,561       -       82,000       -  
Soon Soon Oilmills Sdn Bhd. *     -       866,280       -       -       -       -  
Sunmania Pty Ltd.     -       -       -       22,010       -       49,000  

 

* Gary Seaton has a 20% share of Soon Soon Oilmills Sdn Bhd.

 

  (a) Loans to/from related parties

 

The current loans are payable on demand, and the non-current loans have a maturity date which is more than 12 months from the date of December 31, 2025.

 

    Balance as of
December 31, 2025
(Unaudited)
 
    Current     Non-current     Total  
    AUD$     AUD$     AUD$  
Due to related parties                  
Energreen Nutrition Australia Pty Ltd. loan     6,189,389       493,557       6,682,946  
Sunmania Pty Ltd loan     192,000       -       192,000  
Total due to related parties     6,381,389       493,557       6,874,946  
Due from related party                        
Energreen Nutrition Australia Pty Ltd. loan receivable     633,773       -       633,773  
Trade payable (related party)                        
Energreen Nutrition Australia Pty Ltd.     698,655       -       698,655  
Sunmania Pty Ltd     41,018       -       41,018  
JSKS Enterprise Pty Ltd.     612,127       -       612,127  
Soon Soon Oilmills     182,730       -       182,730  
Total trade payable (related party)     1,534,530       -       1,534,530  
Trade receivable (related party)                        
Trade receivable- Energreen Nutrition     109,213       -       109,213  
Trade receivable- Sunmania Pty Ltd     2,290       -       2,290  
Total trade receivable(related party)     111,503       -       111,503  

 

 

The current loans are payable on demand and the non-current loans have a maturity date which is more than 12 months from the date of June 30, 2025.

 

    Balance as of
June 30, 2025
 
    Current     Non-current     Total  
    AUD$     AUD$     AUD$  
Due to related parties                  
Energreen Nutrition Australia Pty Ltd. loan     5,728,571       588,688       6,317,259  
CQ Oilseeds Pty Ltd. loan     -       59,371       59,371  
Sunmania Pty Ltd loan     152,000       40,000       192,000  
Total due to related parties     5,880,571       688,059       6,568,630  
Due from related party                        
Energreen Nutrition-Related party loan receivable     633,733       -       633,733  
Trade payable (related party)                        
Energreen Nutrition Australia Pty Ltd.     5,563,563       -       5,563,563  
Sunmania Pty Ltd     38,500       -       38,500  
Soon Soon Oilmills     153,105       -       153,105  
Total trade payable (related party)     5,755,168       -       5,755,168  
Trade receivable (related party)                        
Energreen Nutrition Australia Pty Ltd.     30,040       -       30,040  
Sunmania Pty Ltd     14,347       -       14,347  
Total trade receivable (related party)     44,387       -       44,387