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v3.21.2

Consolidated statements of cash flows - AUD ($) | 12 Months Ended
--- | ---
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2019
Cash flows from operating activities |  |  |
Loss before income tax expense for the year | $ (8,421,960) | $ (12,467,466) | $ (10,270,000)
Adjustments for: |  |  |
Depreciation and amortisation | 1,265,000 | 1,084,000 | 1,084,000
Net loss on disposal of non-current assets |  |  |
Impairment of property, plant and equipment |  |  | 1,000
Share-based payments | 637,000 | 262,000 | 246,000
Foreign exchange differences | 430,000 |  |
Loss/(gain) on contingent consideration | 2,570,000 | 474,000 | 63,000
Fair value loss on financial assets |  | 168,000 | 1,809,000
Cash flows from used in operations before changes in working capital | (3,521,000) | (10,479,000) | (7,067,000)
Change in operating assets and liabilities: |  |  |
Increase in trade and other receivables | (5,027,000) | 358,000 | 825,000
Increase/(decrease) in prepayments | (1,182,000) | (168,000) | 398,000
Increase/(decrease) in trade and other payables | 1,010,000 | 1,722,000 | (409,000)
Increase/(decrease) in other provisions | 93,000 | 55,000 | (25,000)
Decrease in deferred tax liability | (484,000) | (298,000) | (298,000)
Increase/(decrease) in accrued revenue |  |  | (138,000)
Net cash used in operating activities | (9,111,000) | (8,810,000) | (6,714,000)
Cash flows from investing activities |  |  |
Proceeds from disposal of shares |  |  | 2,359,000
Net cash used in investing activities |  |  | 2,359,000
Cash flows from financing activities |  |  |
Proceeds from issue of shares | 28,109,000 | 12,139,000 | 3,816,000
Net cash from financing activities | 28,109,000 | 12,139,000 | 3,816,000
Net decrease in cash and cash equivalents | 18,998,000 | 3,329,000 | (539,000)
Cash and cash equivalents at the beginning of the financial year | 8,764,044 | 5,434,000 | 5,956,000
Effects of exchange rate changes on cash | (175,000) |  | 17,000
Cash and cash equivalents at the end of the financial year | $ 27,586,760 | $ 8,764,044 | $ 5,434,000

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