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Cash Flow Statements Reconciliation

12 Months Ended

Jun. 30, 2025

Cash Flow Statement Reconciliation [Abstract]

Cash Flow Statements Reconciliation

Note 33. Cash Flow Statements Reconciliation


		2025				2024				2023
		US$(000's)				US$(000's)				US$(000's)
(a) Reconciliation to cash at the end of the year
Cash at bank and in hand (Note 18)			48,443				172,471				89,189
			48,443				172,471				89,189
(b) Reconciliation of net loss after tax to net cash flows from operations
Net loss for the year			(162,791	)			(220,242	)			(142,521	)
Adjustments for:
Income tax benefit recognized in profit or loss			(6,947	)			(9,412	)			(5,926	)
Net loss of disposal of non-current assets			3				—				—
Write off of Property Plant and Equipment			50				—				—
Depreciation of non-current assets			7				19				17
Depreciation of right-of-use assets			84				84				84
Interest expense on DFA* (includes amounts to related parties $32,793 (2024: $24,699, 2023: $13,462))			46,457				30,263				13,462
Gain on remeasurement of financial liability - DFA			—				(387	)			(12,302	)
Fair value (gain)/loss on Investor options			(28,283	)			11,224				—
Share-based payments expense			6,128				5,085				5,835
Net foreign exchange differences			1,334				107				489
			18,833				36,983				1,659
Changes in:
Payables			(29,517	)			19,503				7,297
Receivables			1,007				(790	)			379
Prepayments			3,614				(1,675	)			6,142
Provisions			112				266				137
Net cash flows used in operating activities before tax			(168,742	)			(165,955	)			(126,907	)
R&D tax incentive received			10,398				5,926				6,299
Current US tax paid			(300	)			(986	)			—
Net cash flows used in operating activities			(158,644	)			(161,015	)			(120,608	)