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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