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Operating segments | 12 Months Ended
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Jun. 30, 2024
Disclosure of operating segments [abstract] |
Operating segments | Note 5. Operating segments Identification of reportable operating segments The Group is organized into different business activities: •Bitcoin mining: The Group owns and operates ASIC hardware used to mine Bitcoin. The revenue depends on the number of Bitcoin received from the mining pool each day and the Bitcoin price. •AI cloud services: The Group owns and operates HPC hardware and generates revenue by providing third-party customers with remote access to these HPC hardware. However, the Group's CODM assesses the business performance and primarily makes resource allocation decisions based on the Group as a whole, rather than by individual business lines or geographical regions. The Group’s internal reporting used by the CODM is structured as a single integrated business and thus does not contain discrete financial information on separate business activities. Therefore, in accordance with IFRS 8 Operating Segments, the Group has determined that it has only one reportable segment. Additionally, revenue and assets related to the AI cloud services business activity represent less than 10% of the Group's total revenue and assets. Major customers The Group generated 98% (2023: 100%, 2022: 100%) of its revenue through the provision of computing power to three (2023: two, 2022: two) Bitcoin mining pools for the year ended 30 June 2024. Geographical information Disa ggregated revenue data by geographical region based on the location of the contracting entity within the operating segment is as follows:
| Consolidated |
| 30 June 2024 |  | 30 June 2023 |
| US$’000 |  | US$’000 |
Revenue per geographical area |  |  |  |
Australia | 184,087 |  |  | 81,884 |  |
North-America | 4,671 |  |  | 20 |  |
Non-current assets, excluding deferred tax assets, are located in the following geographical locations:
| Consolidated |
| 30 June 2024 |  | 30 June 2023 |
| US$’000 |  | US$’000 |
Non-current assets per geographical area |  |  |  |
Australia | 658 |  |  | 867 |  |
North-America | 699,989 |  |  | 241,969 |  |

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- Definition The entire disclosure for operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2024-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&doctype=Standard&dita_xref=IFRS08_g20-24_TI -URIDate 2024-03-27 + Details
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