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Financial Instruments (Tables)
 12 Months Ended
Jun. 30, 2024
Financial Risk Management [Abstract]  
Schedule of Trade Receivables

The following table sets forth details of the age of trade receivables and other receivables:

As at

  

June 30,
2024

  

June 30,
2023

To due become

  

 

    

 

  

Up to 3 months

  

$

471,500

  

$

450,728
Schedule of Contractual Maturity Date

The table below analyzes the Company’s financial liabilities into relevant maturity groupings based on the remaining period at the balance sheet to the contractual maturity date.

  

Maturity date
   

Within 1
year or on
demand

  

Between 1
and 2 years

  

Between 2
and 5 years

  

More than
5 years

  

Without any
established
term

  

Total

June 30, 2024

  

 

    

 

    

 

    

 

    

 

    

 

  

Trade Payables

  

 

3,414,686

  

 

—

  

 

10,115,600

  

 

—

  

 

—

  

 

13,530,286

Other liabilities

  

 

1,471,033

  

 

181,768

  

 

—

  

 

—

  

 

—

  

 

1,652,801

Financial debts

  

 

2,351,893

  

 

402,781

  

 

15,109,288

  

 

—

  

 

—

  

 

17,863,962

Subtotal

  

$

7,237,612

  

$

584,549

  

$

25,224,888

  

$

—

  

$

—

  

$

33,047,049
   

 

    

 

    

 

    

 

    

 

    

 

  

Warrant

  

 

555,500

  

 

—

  

 

—

  

 

—

  

 

—

  

 

555,500

Subtotal

  

 

555,500

  

 

—

  

 

—

  

 

—

  

 

—

  

 

555,500

Total

  

$

7,793,112

  

$

584,549

  

$

25,224,888

  

$

—

  

 

—

  

 

33,602,549
   

 

    

 

    

 

    

 

    

 

    

 

  

June 30, 2023

  

 

    

 

    

 

    

 

    

 

    

 

  

Trade Payables

  

 

7,479,614

  

 

—

  

 

—

  

 

—

  

 

—

  

 

7,479,614

Other liabilities

  

 

1,776,438

  

 

180,197

  

 

—

  

 

—

  

 
 
  

 

1,956,635

Financial debts

  

 

2,578,100

  

 

72,831

  

 

108,638

  

 

—

  

 

—

  

 

2,759,569

Subtotal

  

$

11,834,152

  

$

253,028

  

$

108,638

  

$

—

  

$

—

  

$

12,195,818
   

 

    

 

    

 

    

 

    

 

    

 

  

Warrant

  

 

887,689

  

 

—

  

 

—

  

 

—

  

 

—

  

 

887,689

Subtotal

  

 

887,689

  

$

—

  

$

—

  

$

—

  

$

—

  

$

887,689

Total

  

$

12,721,841

  

$

253,028

  

$

108,638

  

$

—

  

$

—

  

$

13,083,507
Schedule of Foreign Currency Denominated Monetary Assets and Monetary Liabilities

The carrying amounts of the Group’s foreign currency denominated monetary assets and monetary liabilities at the reporting date are as follows:

  

Assets

  

Liabilities

Currency

  

2024

  

2023

  

2024

  

2023

Argentine pesos

  

156,291

  

765,690

  

292,203

  

50,073

U.S. Dollar

  

695,307

  

368,186

  

1,491,998

  

2,227,751

Pound sterling

  

24

  

22,062

  

12,647

  

—

Euro

  

—

  

—

  

167,072

  

—
The sensitivity analysis includes only the outstanding monetary items denominated in foreign currency and adjusts its conversion at the end of the period for a 10% change in exchange rates.

  

(+10%) Impact to profit or loss
before tax

  

(-10%) Impact to profit or loss
before tax
   

Assets

  

Liabilities

Currency

  

2024

  

2023

  

2024

  

2023

Argentine pesos

  

15,629

  

76,569

  

(29,220

)

  

(5,007

)

U.S. Dollar

  

69,531

  

36,819

  

(149,200

)

  

(222,775

)

Pound sterling

  

2

  

2,206

  

(1,265

)

  

—

 

Euro

  

—

  

—

  

(16,707

)

  

—

 
Schedule of Fair Value of the Company’s Financial Instruments and Non-financial Derivatives

The following represents the carrying value and fair value of the Company’s financial instruments and non-financial derivatives:

Recurring measurements

  

Note

  

As of
June 30,
2024

  

As of
June 30,
2023

Financial Assets

      

 

  

 

  

 

  

Amortized costs

      

 

  

 

  

 

  

Cash and cash equivalents

  

(i)

  

 

3,296,554

 

  

 

2,064,079

Trade and other receivables

  

(i)

  

 

11,631,118

 

  

 

10,454,301
       

 

  

 

  

 

  

Fair value through profit or loss

      

 

  

 

  

 

  

Cash and cash equivalents

  

(ii)

  

 

2,093,374

 

  

 

463,594

Short-term investments

  

(ii)

  

 

—

 

  

 

306,034

Total financial assets

      

$

17,021,046

 

  

$

13,288,008
       

 

  

 

  

 

  

Financial Liabilities

      

 

  

 

  

 

  

Amortized costs

      

 

  

 

  

 

  

Trade and other payables

  

(i)

  

 

12,662,290

 

  

 

9,340,571

Financial debts

  

(i)

  

 

14,259,391

 

  

 

2,645,289

Lease liabilities

  

(i)

  

 

421,887

 

  

 

—

Fair value through profit or loss

      

 

  

 

  

 

  

Warrant liabilities

  

(ii)

  

 

555,500

 

  

 

887,689

Total financial liabilities

      

$

27,899,068

 

  

$

12,873,549

Net financial (liability)/asset

      

$

(10,878,022

)

  

$

414,459

(i)      Cash, short-term investments, trade and other receivables, prepayments, trade and other payables, financial debts and lease liabilities are recorded at carrying value, which approximates fair value due to their short-term nature and generally negligible credit losses.

(ii)     Fair value of cash equivalent, short-term investment and warrants has been determined using the quoted market price at the year end (level 1).
Schedule of Fixed Rate Instruments The Group has not entered into derivative contracts to hedge this exposure.

Fixed-rate instruments

  

As of
June 30,
2024

  

As of
June 30,
2023

Current financial liabilities

  

(2,555,683

)

  

(2,546,243

)

Non-current financial liabilities

  

(11,703,708

)

  

(99,046

)