XML 19 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Profit or Loss and Other Comprehensive Loss - USD ($)
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Profit or loss [abstract]      
Revenue from Program Fees $ 929,319 $ 937,415 $ 2,050,044
Less: Contractual payments to gyms (537,012) (574,025) (1,215,191)
Net Revenue from Program Fees 392,307 363,390 834,853
Other Income 170,005 1,173,421 105,950
Total Revenue 562,312 1,536,811 940,803
Expenses      
Program Expenses 160,578 229,848 342,600
Employee salaries and benefits 5,504,592 4,219,655 4,664,013
Share Based Payments 4,521,598 2,365,384 1,546,983
Advertising fees 613,348 721,713 3,615,399
Professional fees 1,790,344 864,419 685,870
Rent 11,169 11,793 2,366
IT costs 566,709 633,220 640,403
Depreciation and amortization 520,697 360,021 260,651
Net foreign exchange gain (146,543) (47,359) (26,079)
Finance costs 3,262,927 4,472,730 2,191,803
Other expenses 1,565,924 1,432,094 965,808
Fair Value movement in derivative liability (3,400,685) 6,870,729 (2,751,564)
Total Expenses 14,970,658 22,134,247 12,138,253
Loss before income tax expense (14,408,346) (20,597,436) (11,197,450)
Income tax expense
Loss after income tax expense for the period (14,408,346) (20,597,436) (11,197,450)
Other comprehensive loss, net of tax (20,710) (36,465) (31,312)
Total comprehensive loss for the period attributable to Alta Global Group Limited $ (14,429,056) $ (20,633,901) $ (11,228,762)
Basic loss per share $ (1.40) $ (5.26) $ (2.86)
Diluted loss per share $ (1.40) $ (5.26) $ (2.86)