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Consolidated Statement of Financial Position
Jun. 30, 2025
AUD ($)
Jun. 30, 2024
AUD ($)
Jun. 30, 2023
AUD ($)
CURRENT ASSETS      
Cash and cash equivalents $ 2,309,303 $ 514,140 $ 121,273
Trade and other receivables 5,330,181 4,470,101 4,437,253
Related party loans receivable 633,773
Inventories 5,897,651 6,202,160 1,020,469
Prepayment of seed purchase 3,672,697
Other current assets 999,160 201,830 553,315
TOTAL CURRENT ASSETS 15,170,068 11,388,231 9,805,007
NON-CURRENT ASSETS      
Investments in associates 89,977
Property, plant and equipment 15,646,308 14,617,513 10,542,592
Right-of-use asset 848,364 944,420 1,040,472
Other assets 429,841
Deferred tax assets 34,270 34,270
Intangible assets 2,582,495 2,582,495 2,582,495
TOTAL NON-CURRENT ASSETS 19,111,437 18,608,539 14,255,536
TOTAL ASSETS 34,281,505 29,996,770 24,060,543
CURRENT LIABILITIES      
Trade and other payables 12,744,630 10,455,684 6,712,768
Borrowings 6,472,136 978,574 396,881
Lease liability, current 89,109 89,109 82,386
Income Tax liabilities 128,927
Related party loans 5,880,571 4,111,661 3,188,006
Convertible note, net of discount 1,169,690 1,181,953
Warrant liabilities 180,918 238,613
Promissory note – related party, current 1,538,322 968,216
Employee benefits 150,799 201,024 103,734
TOTAL CURRENT LIABILITIES 28,226,175 18,353,761 10,483,775
NON-CURRENT LIABILITIES      
Borrowings 5,051,910 2,078,570
Promissory note - related party, non-current 273,676
Lease liability, non-current 713,235 879,347 971,752
Related party loans 688,059 4,530,507 2,873,929
TOTAL NON-CURRENT LIABILITIES 1,401,294 10,735,440 5,924,251
TOTAL LIABILITIES 29,627,469 29,089,201 16,408,026
NET ASSETS 4,654,036 907,569 7,652,517
EQUITY      
Share capital 4,029 3,562 2,860
Share premium 22,292,939 17,064,658 2,579,627
Foreign currency translation reserve (19,969)
(Accumulated losses) Retained earnings (19,247,033) (17,950,222) 3,712,333
Total (deficit) equity attributable to equity holders of the Company 3,029,966 (882,002) 6,294,820
Non-controlling interest 1,624,070 1,789,571 1,357,697
TOTAL EQUITY $ 4,654,036 $ 907,569 $ 7,652,517