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v3.25.1

Consolidated statements of cash flows - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2022
Cash flows from operating activities |  |  |
Receipts from other income | $ 438 | $ 3,104 | $ 0
Payments for electricity, suppliers and employees | (139,535) | (72,183) | (32,231)
Interest received | 5,008 | 803 | 4
Interest paid | (213) | (4,102) | (5,253)
Net cash from/(used in) operating activities (restated) | (130,870) | (72,378) | (37,480)
Cash flows from investing activities |  |  |
Proceeds from sale of Bitcoin mined (restated) | 183,586 | 78,423 | 59,037
Payments for property, plant and equipment net of mining hardware prepayments | (141,855) | (116,064) | (83,654)
Payments for mining hardware prepayments | (338,054) | 0 | (210,593)
Payments for prepayments and other assets | (18,600) | (7,363) | (22,038)
Repayments/(advancement) of loan proceeds | 0 | 2,291 | (1,870)
Deconsolidation of Non-Recourse SPVs | 0 | (1,214) | 0
Proceeds from disposal of property, plant and equipment | 43 | 32,488 | 40
Proceeds from release of deposits | 0 | 18,395 | 0
Net cash from/(used in) investing activities (restated) | (314,880) | 6,956 | (259,078)
Cash flows from financing activities |  |  |
Proceeds from hybrid financial instruments | 0 | 0 | 107,845
Capital raise costs | (946) | (1,012) | (4,212)
Proceeds from mining hardware finance | 0 | 0 | 65,200
Repayment of borrowings | 0 | (9,432) | (12,120)
Proceeds from Initial Public Offering (net of underwriting fees) | 0 | 0 | 215,331
Proceeds from loan funded shares | 503 | 0 | 0
Payment of borrowing transaction costs | 0 | (250) | 0
Share issuances | 783,069 | 39,252 | 0
Repayment of lease liabilities | (497) | (318) | (6)
Net cash from financing activities | 782,129 | 28,240 | 372,038
Net increase/(decrease) in cash and cash equivalents | 336,379 | (37,182) | 75,480
Cash and cash equivalents at the beginning of the financial year | 68,894 | 109,970 | 38,990
Effects of exchange rate changes on cash and cash equivalents | (672) | (3,894) | (4,500)
Cash and cash equivalents at the end of the financial year | 404,601 | 68,894 | 109,970
Adjustments |  |  |
Cash flows from operating activities |  |  |
Net cash from/(used in) operating activities (restated) | (183,586) | (78,423) | (59,037)
Cash flows from investing activities |  |  |
Proceeds from sale of Bitcoin mined (restated) | 183,586 | 78,423 | 59,037
Net cash from/(used in) investing activities (restated) | 183,586 | 78,423 | 59,037
AI cloud service revenue |  |  |
Cash flows from operating activities |  |  |
Receipts from revenue | $ 3,432 | $ 0 | $ 0

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