Mobilicom (MOB) 6-K 9 Sep 24 Report of Foreign Private Issuer Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2024
Document Information Line Items
Entity Registrant Name	MOBILICOM LIMITED
Document Type	6-K
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001898643
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity File Number	001-41427

Unaudited Interim Condensed Con

Unaudited Interim Condensed Consolidated Statement of Profit or Loss and other Comprehensive Income - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	[1]
Consolidated Statements of Profit or Loss and Other Comprehensive Income (Loss) [Abstract]
Revenue	$ 1,804,765	$ 543,431
Cost of sales	(802,151)	(227,074)
Government grants	45,977	72,980
Foreign exchange losses	136,518	906,343
Interest received	123,388	196,555
Net gain on fair value movement of warrants	1,292,371	146,661
Total other income	1,598,254	1,322,539
Expenses
Selling and marketing expenses	(924,449)	(935,840)
Research and development	(1,047,126)	(1,008,289)
General and administration expenses	(1,127,117)	(1,058,180)
Finance costs	(1,099,051)	(16,971)
Loss before income tax expense	(1,596,875)	(1,380,384)
Income tax expense	(57,000)	(70,833)
Loss after income tax expense for the half-year attributable to the owners of Mobilicom Limited	(1,653,875)	(1,451,217)
Items that will not be reclassified subsequently to profit or loss
Re-measurement of defined benefit plans	3,098	4,615
Foreign currency translation		(260,307)
Items that may be reclassified subsequently to profit or loss
Foreign currency translation	(173,688)	(657,192)
Other comprehensive loss for the half-year, net of tax	(170,590)	(912,884)
Total comprehensive loss for the half-year attributable to the owners of Mobilicom Limited	$ (1,824,465)	$ (2,364,101)
Basic earnings/(losses) per share (in Dollars per share)	$ (0.0011)	$ (0.0011)
Diluted earnings /(losses) per share (in Dollars per share)	$ (0.0011)	$ (0.0011)
[1]Restated throughout for presentation in US Dollars. See note 1 to the unaudited interim condensed consolidated financial statements for further details.

Unaudited Interim Condensed C_2

Unaudited Interim Condensed Consolidated Statement of Financial Position - USD ($)	Jun. 30, 2024	Dec. 31, 2023	[1]
Current assets
Cash and cash equivalents	$ 9,676,328	$ 8,385,283
Restricted cash	58,008	59,426
Trade receivables	187,184	664,315
Other receivables	256,384	313,263
Inventories, net	709,345	934,779
Total current assets	10,887,249	10,357,066
Non-current assets
Property, plant and equipment, net	87,550	80,547
Right-of-use assets	328,310	460,300
Total non-current assets	415,860	540,847
Total assets	11,303,109	10,897,913
Current liabilities
Trade payables	348,988	501,424
Other payables	695,461	918,594
Lease liabilities	207,847	223,700
Warrants financial liability	1,555,632	1,075,808
Total current liabilities	2,807,928	2,719,526
Non-current liabilities
Lease liabilities	115,521	229,078
Employee benefits	203,409	202,151
Governmental liabilities on grants received	13,235	4,560
Total non-current liabilities	332,165	435,789
Total liabilities	3,140,093	3,155,315
Net assets	8,163,016	7,742,598
Equity
Issued capital	32,878,307	31,035,121
Reserves	(680,372)	(911,479)
Accumulated losses	(24,034,919)	(22,381,044)
Total equity	$ 8,163,016	$ 7,742,598
[1]Restated throughout for presentation in US Dollars. See note 1 for further details.

Unaudited Interim Condensed C_3

Unaudited Interim Condensed Consolidated Statement o f Changes In Equity - USD ($)		Issued capital	Share based payments reserve	Foreign currency translation reserve	Re-measurement reserve	Accumulated losses	Total
Balance at Dec. 31, 2022	[1]	$ 30,907,405	$ 771,138	$ (1,632,531)	$ (96,953)	$ (17,815,290)	$ 12,133,769
Loss after income tax expense for the half-year						(1,451,217)	(1,451,217)
Other comprehensive income for the half-year, net of tax				(657,192)	4,615		(652,577)
Translation adjustments due to change in presentation currency				(260,307)			(260,307)
Total comprehensive income for the half-year				(917,499)	4,615	(1,451,217)	(2,364,101)
Share-based payments			113,145				113,145
Transactions with owners in their capacity as owners:
Forfeiture of options			(7,174)				(7,174)
Expiry of options		30,007	(30,007)
Cancellation of shares		(20,291)					(20,291)
Balance at Jun. 30, 2023	[1]	30,917,121	847,102	(2,550,030)	(92,338)	(19,266,507)	9,855,348
Balance at Dec. 31, 2023		31,035,121	1,233,434	(2,054,227)	(90,686)	(22,381,044)	7,742,598	[2]
Loss after income tax expense for the half-year						(1,653,875)	(1,653,875)
Other comprehensive income for the half-year, net of tax				(173,688)	3,098		(170,590)
Total comprehensive income for the half-year				(173,688)	3,098	(1,653,875)	(1,824,465)
Share-based payments			428,066				428,066
Transactions with owners in their capacity as owners:
Contributions of equity, net of transaction costs (note 7)		1,816,817					1,816,817
Expiry of options		26,369	(26,369)
Balance at Jun. 30, 2024		$ 32,878,307	$ 1,635,131	$ (2,227,915)	$ (87,588)	$ (24,034,919)	$ 8,163,016
[1]Restated throughout for presentation in US Dollars. See note 1 to the unaudited interim condensed consolidated financial statements for further details.[2]Restated throughout for presentation in US Dollars. See note 1 for further details.

Unaudited Interim Condensed C_4

Unaudited Interim Condensed Consolidated Statement of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	[1]
Cash flows from operating activities
Receipts from customers (inclusive of GST)	$ 2,281,896	$ 426,128
Payments to suppliers and employees (inclusive of GST)	(3,524,972)	(2,821,962)
Interest received	123,388	196,555
Interest paid on lease liabilities	(15,747)	(5,636)
Government grants received	45,977	72,980
Net cash used in operating activities	(1,089,458)	(2,131,935)
Cash flows from investing activities
Payments for property, plant and equipment	(19,458)	(4,304)
Net cash used in investing activities	(19,458)	(4,304)
Cash flows from financing activities
Proceeds from shares issuance	2,949,909
Capital raising costs	(436,203)
Shares buyback (Small parcel plan) payments		(20,291)
Repayment of lease liabilities	(115,163)	(124,949)
Net cash provided by / (used in) financing activities	2,398,543	(145,240)
Net increase (decrease) in cash and cash equivalents and restricted cash	1,289,627	(2,281,479)
Cash and cash equivalents and restricted cash at the beginning of the financial half-year	8,444,709	12,891,672
Cash and cash equivalents and restricted cash at the end of the financial half-year	$ 9,734,336	$ 10,610,193
[1]Restated throughout for presentation in US Dollars. See note 1 to the unaudited interim condensed consolidated financial statements for further details.

General Information

General Information	6 Months Ended
	Jun. 30, 2024
General Information [Abstract]
General information	Note 1. General information The consolidated condensed interim unaudited financial statements cover Mobilicom Limited (the “Company”) as a group consisting of the Company and the entities it controlled at the end of, or during, the half year ended June 30, 2023 (collectively, the “Group”). On January 1, 2024, the Company transitioned from the Australian dollar (“AUD”) as its presentation currency to the U.S. dollar (‘USD”) as its presentation currency. The change was accounted as a change of accounting policy on a retrospective basis. In addition, commencing January 1, 2024, the Company transitioned from AUD as its functional currency to USD as its functional currency. See note 2 for further details. The functional currency of the Company’s subsidiary, Mobilicom Ltd (“Mobilicom Israel”), is Israeli New Shekels. Mobilicom Limited is a listed public company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business are: C/- JM Corporate Services Pty Ltd Level 21, 459 Collins Street Melbourne, Victoria, 3000 Australia The company’s principal activities are design, develop and deliver of cybersecurity and smart robust solutions for drone, robotics and autonomous platforms. The Company is an end-to-end provider of cybersecurity and robust solutions for drones, robotics & autonomous platforms. As a high-tech company it designs, develops, and delivers robust solutions focused primarily on global drone, robotics and autonomous system manufacturers. The Company holds patented technology & unique know-how for Mobile Mesh networking. It has a large, field proven portfolio of commercialized products used in a variety of applications. The Company is growing a global customer base with sales to high profile customers including corporates, governments, and military departments. Mobilicom’s competitive advantages include outstanding security capabilities and performance in harsh environmental conditions. The Company’s large solution portfolio is being deployed worldwide, seeing the Company derive revenue from hardware, software sales & licensing fees and professional support services for its solutions. In October 2023, Hamas terrorists infiltrated Israel’s southern border from the Gaza Strip and conducted a series of attacks on civilian and military targets. Hamas also launched extensive rocket attacks on the Israeli population and industrial centers located along Israel’s border with the Gaza Strip and in other areas within the State of Israel. These attacks resulted in thousands of deaths and injuries, and Hamas additionally kidnapped many Israeli civilians and soldiers. Following the attack, Israel’s security cabinet declared war against Hamas and commenced a military campaign against Hamas and other terrorist organizations in parallel to their continued rocket and terror attacks, which included call-up reservists for active military duty in the Israel Defense Forces. As the vast majority of the employees of the Company are situated in Israel, as of the date of the authorization of the financial statements by the directors, none of the Company’s members of management nor employees are in active military reserve duty. The Company’s product, research and development and business development activities remain on track. The consolidated condensed interim unaudited financial statements were authorised for issue, in accordance with a resolution of directors, on September 6, 2024.

Material Accounting Policy Info

Material Accounting Policy Information	6 Months Ended
	Jun. 30, 2024
Material Accounting Policy Information [Abstract]
Material accounting policy information	Note 2. Material accounting policy information These general-purpose consolidated condensed interim unaudited financial statements for the interim half-year reporting period ended June 30, 2024, have been prepared in accordance with International Accounting Standards (“IAS”) 34 “Interim Financial Reporting” as issued by the International Accounting Standards Board (‘IASB’). These general-purpose consolidated condensed interim unaudited financial statements do not include all the notes of the type normally included in annual financial statements. Accordingly, these consolidated condensed interim unaudited financial statements are to be read in conjunction with the annual report for the year ended December 31, 2023, and any public announcements made by the company during the interim reporting period in accordance with the continuous disclosure requirements of the Australian Corporations Act 2001. The accounting policies adopted are consistent with those of the previous financial year and corresponding interim reporting period, unless otherwise stated. Financial statements in U.S. dollars (“USD”): Since the Company’s listing on the Nasdaq Capital Market (“Nasdaq”) in August 2022, all capital raises have been denominated in USD. In addition, a majority of the Company’s current assets are in USD, as well as a portion of the costs incurred by the Company are in USD. Management believes that the USD is the primary currency of the economic environment in which the Company operates. On January 1, 2024, the Company moved to USD as its presentation currency. The change was accounted as a change of accounting policy on a retrospective application. The change in presentation currency was followed by change in the functional currency of the Company to USD, requiring re-measurement from the local currency into USD for each of these entities. All exchange gains and losses resulting from the re-measurement are reflected in the consolidated statement of profit or loss and other comprehensive income, as appropriate. Prior to January 1, 2024, the functional currency of the Company was the AUD. Accordingly, the financial statements of the Company were translated into USD. All statement of financial position accounts were translated using the exchange rates in effect at the balance sheet date. Amounts recorded in the unaudited interim condensed consolidated statement of profit or loss and other comprehensive income were translated using the average exchange rate prevailing during the year. The resulting translation adjustments were reported as a component of shareholders’ equity under accumulated other comprehensive income. Effective as of the Company’s fiscal year beginning January 1, 2024, the Company’s functional currency became the USD. IAS 21” The Effects of Changes in Foreign Exchange Rates”, requires a change in functional currency to be reported as of the date it is determined there has been a change, and it is generally accepted practice that the change is made at the start of the most recent period that approximates the date of the change. Management determined it would enact this change effective on January 1, 2024. While the change was based on a factual assessment, the determination of the date of the change required management’s judgement given the change in the primary economic and business environment, in which the Company operates, have evolved over time. As part of management’s functional currency assessment, changes in economic facts and circumstances were considered. This included analysis of changes in: management of operations, process, and in the composition of cash and equity balances. The Company has implemented budgeting in USD, whereas this was previously performed in AUD. The Company’s cash inflows consist primarily of USD cash balances and less of AUD, as also reflected in the budget. Following the Company’s delisting from the Australian Securities Exchange in November 2023, the Company focus its capital raise efforts primarily in USD. Assuming current business operating model stays constant, management believes that the USD cash balances will continue to increase, while AUD cash balances will continue to produce a net outflow. Management re-evaluated all indicators established in IAS 21 to determine the functional currency of the Company. Such indicators include i) cash flow, ii) expense, iii) financing and iv) intercompany transactions and arrangements. Management determined that the cash flow and financing indicators were most relevant to the Company operations and its primary economic environment. At the time of the assessment adopted on January 1, 2024, cash flows generated by the Company that relate to its assets and liabilities now directly affect the Company’s cash flows and are readily available for remittance to the Company. The majority of cash flow of the Company’s operations is denominated in USD. Significant asset and equity items on the Company balance sheet are comprised almost solely (greater than 90%) of USD denominated transactions. Furthermore, most of the Company’s generated cash flows are now invested in USD based cash and cash equivalents. Since such investments are short-term, cash is readily available for current needs of the group. Thus, the USD is the primary currency from which the Company generates and accumulates cash. When considering all relevant facts together, management concluded that the USD best reflects the currency of the primary economic environment in which the Company currently operates. Therefore, USD is the functional currency as a result of the change in the most significant economic facts and circumstances from cash flow and financing indicators. As a result, the Company adopted USD as the functional currency effective January 1, 2024. The change was accounted for prospectively from the date of the change in accordance with IAS 21, “Foreign Currency Matters.” The translated balances of monetary and nonmonetary assets and liabilities recorded in the Company financial statements as of the end of the prior reporting period became the new accounting basis for those assets and liabilities in the period of the change. To the extent the entity had monetary assets and liabilities denominated in the old functional currency, such balances created transactional gains and losses subsequent to the change in functional currency. The amount recorded in the currency translation adjustment account for prior periods was not reversed upon the change in functional currency. The exchange rate on the date of the change became the historical rate for subsequent re-measurement of nonmonetary assets and liabilities into the new functional currency. The following table summarizes the impact on both consolidated net loss and other comprehensive income (loss) utilizing USD as the functional currency of the Company as of June 30, 2024, compared to the related impact if the functional currency of the Company would have remained AUD (excluding foreign exchange from transactions denominated in AUD recorded in the respective period) USD AUD (*) (Unaudited Pro Financial income, net - attributed to foreign translation gain 136,518 694,958 Other comprehensive loss - attributed to foreign currency translation adjustments (170,590 ) (476,413 ) (*) New Accounting Standards and Interpretations not yet mandatory or early adopted In April 2024, the IASB issued IFRS 18, “Presentation and Disclosure in Financial statements”, a comprehensive new accounting standard which replaces existing IAS 1, “Presentation of Financial Statements”, carrying forward many of the requirements in IAS 1 unchanged and complementing them with new requirements. New requirements of IFRS 18 include mandates to: - present specified categories and defined subtotals in the statement of profit or loss and other comprehensive loss; - provide disclosures on management-defined performance measures (MPMs) in the notes to the consolidated financial statements; and - improve aggregation and disaggregation of information in the consolidated financial statements. This standard is effective for annual reporting periods beginning on or after January 1, 2027. Earlier application is permitted but will need to be disclosed. The Company is currently assessing the impact of adopting IFRS 18 on the consolidated financial statements. Other than the above IFRS 18, International Financial Reporting Standards and Interpretations that have recently been issued or amended but are not yet mandatory, have not been early adopted by the consolidated entity for the half-year ended June 30, 2024. Liquidity These unaudited interim condensed consolidated financial statements have been prepared on the assumption that the Company will continue as a going concern, meaning it will continue in operation for the foreseeable future and will be able to realize assets and discharge liabilities in the ordinary course of operations. As of June 30, 2024, the Company has not achieved positive cash flow from operations and incurred a net loss of $1,653,875 for the period ended June 30, 2024, and generated $24,034,919 of accumulated losses since inception. The Company estimates that it has adequate financial resources for the foreseeable future based on its current cash and trade receivable balances and its ongoing operations. Until the Company can generate significant recurring revenues, profit and cash flow provided by operating activity it expects to satisfy future cash needs through debt or equity financing as well as governmental grants. In the event that the Company requires additional financing, it may not be able to raise such financing on terms acceptable to it or at all.

Operating Segments

Operating Segments	6 Months Ended
	Jun. 30, 2024
Operating Segments [Abstract]
Operating segments	Note 3. Operating segments The company operates in one segment. Management does not segregate its business for internal reporting. The company’s chief operating decision makers (“CODM”) evaluate the performance of the business based on financial data consistent with the presentation in the accompanying financial statements. The company concluded that its unified business is conducted globally and accordingly represents one operating segment.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2024
Revenue [Abstract]
Revenue	Note 4. Revenue June 30, 2024 June 30, 2023 $ $ Unaudited Unaudited Sales of goods 1,804,765 543,431 Revenue from contracts with customers Revenue from the sale of goods is recognized at the point in time when the customer obtains control of the goods, which is generally at the time of delivery. Income by geography For the period ended June 30, For the period ended June 30, % of total income % of total income Israel 65 % 64 % U.S. & Canada 30 % 4 % Rest of the world 5 % 32 %

Lease Liabilities

Lease Liabilities	6 Months Ended
	Jun. 30, 2024
Lease Liabilities [Abstract]
Lease liabilities	Note 5. Lease liabilities June 30, December 31, $ $ Unaudited Current 207,847 223,700 Non-current 115,521 229,078 Lease liability 323,368 452,778

Current Liabilities - Warrants

Current Liabilities - Warrants Financial Liability	6 Months Ended
	Jun. 30, 2024
Current Liabilities - Warrants Financial Liability [Abstract]
Current liabilities - Warrants financial liability	Note 6. Current liabilities - Warrants financial liability June 30, 2024 December 31, $ $ Unaudited Warrants at fair value 1,555,632 1,075,808 The Company accounts for warrants issued to investors in conjunction with IFRS 9 “Financial Instruments” accounting standards issued by IASB. (a) On August 25, 2022, the Company completed its U.S. listing on the Nasdaq via the issuance of 3,220,338 American Depository Shares (“ADSs”) and the accompanying 3,220,338 tradable pre-funded warrants for a total consideration of $13,299,996. Each ADS represents 275 ordinary shares, no In addition, on August 25, 2022, in connection with the U.S listing, the Company granted a total 161,017 representative warrants each exercised to one ADS at an exercise price of $5.16. The representative warrants have 5-year term, and they can be exercised any time before their expiry date August 25, 2027. The representative warrants may be exercised on a cashless basis if there is no effective registration statement registering the ADSs underlying the warrants. The tradable pre-funded warrant and representative warrant are referred herein together as “August 2022 Warrants”. The August 2022 Warrants represent financial liabilities at fair value through profit or loss. On June 30, 2023, the Company reassessed the valuation methodology applied to the valuation of the August 2022 Warrants, in conjunction with an independent valuation from a third party. The August 2022 Warrants are trading on Nasdaq and based on current market activity, it was deemed to be in an active market. The directors believe the quoted share price of the MOBBW security trading on the Nasdaq represents a more accurate valuation of the August 2022 Warrants based on the guidance of IFRS 13 Fair Value Measurement The following assumptions were based on observable market conditions that existed at December 31, 2023 and of June 30, 2024: Assumption At December 31, 2023 At June 30, 2024 Value methodology Level 1 Level 1 Level 1 Level 1 Exercise price $ 5.0 $ 5.16 $ 5.0 $ 5.16 Share price $ 0.367 $ 0.367 $ 0.130 $ 0.130 Fair value per warrant $ 0.367 $ 0.367 $ 0.130 $ 0.130 For the half-year ended June 30, 2024, the Company recorded fair value gain, net of translation adjustments of $694,732 under the as a result of the change in the fair (b) On January 30, 2024, the Company completed a registered direct offering via the issuance of 486,871 ADSs at an offering price of $1.55 per ADS and 1,416,354 pre-funded warrants at an offering price of $1.5499 for a total consideration of $2,949,857. One pre-funded warrant is exercisable to one ADS upon payment of the remain $0.0001 per warrant. During April 2024, 520,078 pre-funded warrants were exercised into 520,078 ADS for a total of $52, and 520,078 pre-funded warrants were exercised into 519,656 ADS on a cashless basis. In addition, on January 30, 2024, in a concurrent private placement, the Company issued to the investors in the registered direct offering warrants to purchase up to an aggregate of 1,903,225 ADS at an exercise price of $1.55 per ADS. The warrants have 5-year term, and they can be exercised any time before expiry date January 30, 2029. The warrants may be exercised on a cashless basis if there is no effective registration statement registering the ADSs underlying the warrants. In addition, on January 30, 2024, in connection with the registered direct offering, the Company granted a total 95,161 placement agent warrants each exercisable to one ADS at an exercise price of $1.55. The placement agent warrants have 5-year term, and they can be exercised any time before expiry date January 30, 2029. The placement agent warrants may be exercised on a cashless basis if there is no effective registration statement registering the ADSs underlying the warrants. The pre-funded warrant, private placement warrants, and placement agent warrant are referred herein together as “January 2024 Warrants”. The January 2024 Warrants represent financial liabilities at fair value through profit or loss. The following assumptions were based on observable market conditions that existed at issued date and of June 30, 2024: At issue date At June 30, 2024 Assumption Value methodology Level 2 Level 2 Level 2 Level 2 Historical volatility 86 % 86 % 86 % 86 % Exercise price $ 0.000 $ 1.550 $ 0.000 $ 1.550 Share price $ 1.270 $ 1.270 $ 0.965 $ 0.965 Risk-free interest rate 4.3 % 4.3 % 4.3 % 4.3 % Dividend yield 0 % 0 % 0 % 0 % Fair value per warrant $ 1.270 $ 0.574 $ 0.965 $ 0.406 For the half-year ended June 30, 2024, the Company recorded fair value gain, net of translation adjustments of $597,639 under the unaudited interim condensed consolidated statement of profit or loss and other comprehensive income as a result of the change in the fair value of January 2024 Warrants. A summary of changes in August 2022 Warrants and January 2024 Warrants issued by the Company during the year ended June 30, 2024, is as follows: Fair value measurements using input type Level 1 Level 2 Level 3 Balance as of December 31, 2023 $ 1,075,808 $ - - Warrants issued during the period 2,945,971 Transfer upon exercise of warrants (1,173,776 ) Fair value gain recognized in unaudited interim condensed consolidated statement of profit or loss and other comprehensive income (694,732 ) (597,639 ) - Warrant liability as of June 30, 2024 $ 381,076 $ 1,174,556 -

Equity - Issued Capital

Equity - Issued Capital	6 Months Ended
	Jun. 30, 2024
Equity - Issued Capital [Abstract]
Equity - issued capital	Note 7. Equity - issued capital Consolidated June 30, December 31, June 30, December 31, Shares Shares $ $ Unaudited Unaudited Ordinary shares - fully paid 1,746,493,068 1,326,676,693 32,878,307 31,035,121 Movements in spare share capital Details Date Shares Issue price $ Balance December 31, 2023 1,326,676,693 31,035,121 Issue of registered direct offering shares (net of warrant fair value)(*) January 30, 2024 133,889,525 $ 0.017 2,252,968 Exercise of pre-funded warrants(**) 285,926,850 $ 0.000 52 Capital raising costs - (436,203 ) Expiry of options - 26,369 Balance June 30, 2024 1,746,493,068 32,878,307 (*) (**) Ordinary shares Ordinary shares entitle the holder to participate in dividends and the proceeds on the winding up of the company in proportion to the number of and amounts paid on the shares held. The fully paid ordinary shares have no par value and the company does not have a limited amount of authorised capital. On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote.

Equity - Reserves

Equity - Reserves	6 Months Ended
	Jun. 30, 2024
Equity - Reserves [Abstract]
Equity - reserves	Note 8. Equity - reserves June 30, 2024 December 31, $ $ Unaudited Foreign currency reserve (2,227,915 ) (2,054,227 ) Re-measurements reserve (87,588 ) (90,686 ) (2,315,503 ) (2,144,913 ) Foreign currency reserve The reserve is used to recognise exchange differences arising from the translation of the condensed interim financial statements of foreign operations to Australian dollars. Re-measurement reserve The reserve is used for remeasurements comprising actuarial gains and losses on the net defined benefit liability. Movements in reserves Movements in each class of reserve during the current financial half-year are set out below: Re-measurement Foreign currency Consolidated reserve reserve Total $ $ $ Unaudited Unaudited Unaudited Balance on December 31, 2023 (90,686 ) (2,054,227 ) (2,144,913 ) Foreign currency translation 3,098 (173,688 ) (170,590 ) Re-measurement of defined benefits plans - - - Balance on June 30, 2024 (87,588 ) (2,227,915 ) (2,315,503 )

Equity - Dividends

Equity - Dividends	6 Months Ended
	Jun. 30, 2024
Equity - Dividends [Abstract]
Equity - dividends	Note 9. Equity - dividends There were no dividends paid, recommended or declared during the current or previous financial half-year.

Events After the Reporting Peri

Events After the Reporting Period	6 Months Ended
	Jun. 30, 2024
Events After the Reporting Period [Abstract]
Events after the reporting period	Note 10. Events after the reporting period No matter or circumstance has arisen since June 30, 2024, that has significantly affected, or may significantly affect the company’s operations, the results of those operations, or the company’s state of affairs in future financial years.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Earnings per share	Note 11. Earnings per share June 30, June 30, $ $ Unaudited Unaudited Loss after income tax attributable to the owners of Mobilicom Limited (1,653,875 ) (1,451,217 ) Number Number Weighted average number of ordinary shares used in calculating basic earnings/(losses) per share 1,555,961,075 1,329,652,095 Weighted average number of ordinary shares used in calculating diluted earnings/(losses) per share 1,555,961,075 1,329,652,095 Cents Cents Basic earnings/(losses) per share (0.11 ) (0.11 ) Diluted earnings/(losses) per share (0.11 ) (0.11 ) The rights to options held by option holders have not been included in the weighted average number of ordinary shares for the purposes of calculating diluted EPS as they do not meet the requirements for inclusion under IASB 133 “Earnings per Share”. The rights to options are non-dilutive as the consolidated entity is loss generating.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
New Accounting Standards and Interpretations not yet mandatory or early adopted	New Accounting Standards and Interpretations not yet mandatory or early adopted In April 2024, the IASB issued IFRS 18, “Presentation and Disclosure in Financial statements”, a comprehensive new accounting standard which replaces existing IAS 1, “Presentation of Financial Statements”, carrying forward many of the requirements in IAS 1 unchanged and complementing them with new requirements. New requirements of IFRS 18 include mandates to: - present specified categories and defined subtotals in the statement of profit or loss and other comprehensive loss; - provide disclosures on management-defined performance measures (MPMs) in the notes to the consolidated financial statements; and - improve aggregation and disaggregation of information in the consolidated financial statements. This standard is effective for annual reporting periods beginning on or after January 1, 2027. Earlier application is permitted but will need to be disclosed. The Company is currently assessing the impact of adopting IFRS 18 on the consolidated financial statements. Other than the above IFRS 18, International Financial Reporting Standards and Interpretations that have recently been issued or amended but are not yet mandatory, have not been early adopted by the consolidated entity for the half-year ended June 30, 2024.
Liquidity	Liquidity These unaudited interim condensed consolidated financial statements have been prepared on the assumption that the Company will continue as a going concern, meaning it will continue in operation for the foreseeable future and will be able to realize assets and discharge liabilities in the ordinary course of operations. As of June 30, 2024, the Company has not achieved positive cash flow from operations and incurred a net loss of $1,653,875 for the period ended June 30, 2024, and generated $24,034,919 of accumulated losses since inception. The Company estimates that it has adequate financial resources for the foreseeable future based on its current cash and trade receivable balances and its ongoing operations. Until the Company can generate significant recurring revenues, profit and cash flow provided by operating activity it expects to satisfy future cash needs through debt or equity financing as well as governmental grants. In the event that the Company requires additional financing, it may not be able to raise such financing on terms acceptable to it or at all.

Material Accounting Policy In_2

Material Accounting Policy Information (Tables)	6 Months Ended
	Jun. 30, 2024
Material Accounting Policy Information [Abstract]
Schedule of Consolidated Net Loss and Other Comprehensive Income (Loss) Utilizing USD as the Functional Currency of the Company	The following table summarizes the impact on both consolidated net loss and other comprehensive income (loss) utilizing USD as the functional currency of the Company as of June 30, 2024, compared to the related impact if the functional currency of the Company would have remained AUD (excluding foreign exchange from transactions denominated in AUD recorded in the respective period) USD AUD (*) (Unaudited Pro Financial income, net - attributed to foreign translation gain 136,518 694,958 Other comprehensive loss - attributed to foreign currency translation adjustments (170,590 ) (476,413 ) (*)

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue [Abstract]
Schedule of Revenue	June 30, 2024 June 30, 2023 $ $ Unaudited Unaudited Sales of goods 1,804,765 543,431
Schedule of Income by Geography	Income by geography For the period ended June 30, For the period ended June 30, % of total income % of total income Israel 65 % 64 % U.S. & Canada 30 % 4 % Rest of the world 5 % 32 %

Lease Liabilities (Tables)

Lease Liabilities (Tables)	6 Months Ended
	Jun. 30, 2024
Lease Liabilities [Abstract]
Schedule of Lease Liabilities	June 30, December 31, $ $ Unaudited Current 207,847 223,700 Non-current 115,521 229,078 Lease liability 323,368 452,778

Current Liabilities - Warrant_2

Current Liabilities - Warrants Financial Liability (Tables)	6 Months Ended
	Jun. 30, 2024
Current Liabilities - Warrants Financial Liability [Abstract]
Schedule of Current Liabilities - Warrants Financial Liability	June 30, 2024 December 31, $ $ Unaudited Warrants at fair value 1,555,632 1,075,808
Schedule of Assumptions were Based on Observable Market Conditions	The following assumptions were based on observable market conditions that existed at December 31, 2023 and of June 30, 2024: Assumption At December 31, 2023 At June 30, 2024 Value methodology Level 1 Level 1 Level 1 Level 1 Exercise price $ 5.0 $ 5.16 $ 5.0 $ 5.16 Share price $ 0.367 $ 0.367 $ 0.130 $ 0.130 Fair value per warrant $ 0.367 $ 0.367 $ 0.130 $ 0.130 At issue date At June 30, 2024 Assumption Value methodology Level 2 Level 2 Level 2 Level 2 Historical volatility 86 % 86 % 86 % 86 % Exercise price $ 0.000 $ 1.550 $ 0.000 $ 1.550 Share price $ 1.270 $ 1.270 $ 0.965 $ 0.965 Risk-free interest rate 4.3 % 4.3 % 4.3 % 4.3 % Dividend yield 0 % 0 % 0 % 0 % Fair value per warrant $ 1.270 $ 0.574 $ 0.965 $ 0.406
Schedule of Summary of Changes in Warrants Issued	A summary of changes in August 2022 Warrants and January 2024 Warrants issued by the Company during the year ended June 30, 2024, is as follows: Fair value measurements using input type Level 1 Level 2 Level 3 Balance as of December 31, 2023 $ 1,075,808 $ - - Warrants issued during the period 2,945,971 Transfer upon exercise of warrants (1,173,776 ) Fair value gain recognized in unaudited interim condensed consolidated statement of profit or loss and other comprehensive income (694,732 ) (597,639 ) - Warrant liability as of June 30, 2024 $ 381,076 $ 1,174,556 -

Equity - Issued Capital (Tables

Equity - Issued Capital (Tables)	6 Months Ended
	Jun. 30, 2024
Equity - Issued Capital [Abstract]
Schedule of Equity Issued Capital	Consolidated June 30, December 31, June 30, December 31, Shares Shares $ $ Unaudited Unaudited Ordinary shares - fully paid 1,746,493,068 1,326,676,693 32,878,307 31,035,121
Schedule of Movements in Spare Share Capital	Movements in spare share capital Details Date Shares Issue price $ Balance December 31, 2023 1,326,676,693 31,035,121 Issue of registered direct offering shares (net of warrant fair value)(*) January 30, 2024 133,889,525 $ 0.017 2,252,968 Exercise of pre-funded warrants(**) 285,926,850 $ 0.000 52 Capital raising costs - (436,203 ) Expiry of options - 26,369 Balance June 30, 2024 1,746,493,068 32,878,307 (*) (**)

Equity - Reserves (Tables)

Equity - Reserves (Tables)	6 Months Ended
	Jun. 30, 2024
Equity - Reserves [Abstract]
Schedule of Equity Reserves	Equity - reserves June 30, 2024 December 31, $ $ Unaudited Foreign currency reserve (2,227,915 ) (2,054,227 ) Re-measurements reserve (87,588 ) (90,686 ) (2,315,503 ) (2,144,913 )
Schedule of Movements in Class of Reserve	Movements in each class of reserve during the current financial half-year are set out below: Re-measurement Foreign currency Consolidated reserve reserve Total $ $ $ Unaudited Unaudited Unaudited Balance on December 31, 2023 (90,686 ) (2,054,227 ) (2,144,913 ) Foreign currency translation 3,098 (173,688 ) (170,590 ) Re-measurement of defined benefits plans - - - Balance on June 30, 2024 (87,588 ) (2,227,915 ) (2,315,503 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Loss after Income Tax	June 30, June 30, $ $ Unaudited Unaudited Loss after income tax attributable to the owners of Mobilicom Limited (1,653,875 ) (1,451,217 ) Number Number Weighted average number of ordinary shares used in calculating basic earnings/(losses) per share 1,555,961,075 1,329,652,095 Weighted average number of ordinary shares used in calculating diluted earnings/(losses) per share 1,555,961,075 1,329,652,095 Cents Cents Basic earnings/(losses) per share (0.11 ) (0.11 ) Diluted earnings/(losses) per share (0.11 ) (0.11 )

Material Accounting Policy In_3

Material Accounting Policy Information (Details)	6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2024 USD ($) USD	Jun. 30, 2024 USD ($) AUD	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	[1]
Material Accounting Policy Information [Abstract]
Percentage of denominated transactions		90%
Exchange rate			1	1.518
Net loss	$ (1,653,875)				$ (1,451,217)
Accumulated losses	$ (24,034,919)	$ (24,034,919)	$ (24,034,919)	$ (24,034,919)		$ (22,381,044)
[1]Restated throughout for presentation in US Dollars. See note 1 for further details.

Material Accounting Policy In_4

Material Accounting Policy Information (Details) - Schedule of Consolidated Net Loss and Other Comprehensive Income (Loss) Utilizing USD as the Functional Currency of the Company - 6 months ended Jun. 30, 2024	USD ($)	AUD ($)	[1]
Schedule of Consolidated Net Loss and Other Comprehensive Income (Loss) Utilizing USD as the Functional Currency of the Company [Abstract]
Financial income, net - attributed to foreign translation gain	$ 136,518	$ 694,958
Other comprehensive loss - attributed to foreign currency translation adjustments	$ (170,590)	$ (476,413)
[1]The conversion from AUD into USD was made at the exchange rate as of June 30, 2024, on which USD 1.00 equalled AUD 1.518.

Operating Segments (Details)

Operating Segments (Details)	6 Months Ended
	Jun. 30, 2024
Operating Segments [Abstract]
Number of operating segment	1

Revenue (Details) - Schedule of

Revenue (Details) - Schedule of Revenue - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Revenue [Abstract]
Sales of goods	$ 1,804,765	$ 543,431

Revenue (Details) - Schedule _2

Revenue (Details) - Schedule of Income by Geography	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Israel [Member]
Schedule of Income by Geography [Line Items]
Income by Geographic	65%	64%
U.S. & Canada [Member]
Schedule of Income by Geography [Line Items]
Income by Geographic	30%	4%
Rest of the World [Member]
Schedule of Income by Geography [Line Items]
Income by Geographic	5%	32%

Lease Liabilities (Details) - S

Lease Liabilities (Details) - Schedule of Lease Liabilities - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Lease Liabilities [Abstract]
Current	$ 207,847	$ 223,700	[1]
Non-current	115,521	229,078
Lease liability	$ 323,368	$ 452,778
[1]Restated throughout for presentation in US Dollars. See note 1 for further details.

Current Liabilities - Warrant_3

Current Liabilities - Warrants Financial Liability (Details) - USD ($)				6 Months Ended
	Apr. 30, 2024	Jan. 30, 2024	Aug. 25, 2022	Jun. 30, 2024
Current Liabilities - Warrants Financial Liability [Line Items]
Issuance shares		486,871	275
Total consideration amount (in Dollars)		$ 2,949,857
Par value (in Dollars per share)
Pre- funded warrants exercised	519,656
Warrant term		5 years
Warrant expiration term		Jan. 30, 2029	Aug. 24, 2027
Warrants granted			161,017
Warrants exercise price per share (in Dollars per share)			$ 5.16
Adjustments for fair value gains losses (in Dollars)				$ 694,732
Offering price per share (in Dollars per share)		$ 1.55
Pre-funded warrants		1,416,354
Offering price (in Dollars)		$ 1.5499
Issuance of shares	520,078
Aggregate purchase warrants		1,903,225
Exercise Price (in Dollars per share)		$ 1.55
American Depository Shares [Member]
Current Liabilities - Warrants Financial Liability [Line Items]
Issuance shares		486,871	3,220,338
Pre-funded warrants		1,416,354
Total consideration amount (in Dollars)	$ 52		$ 13,299,996
Warrants exercise shares		95,161
Offering price per share (in Dollars per share)		$ 1.55
Exercisable remaining per warrant (in Dollars per share)		$ 0.0001
American Depository Shares [Member]
Current Liabilities - Warrants Financial Liability [Line Items]
Pre- funded warrants exercised	520,078	1
Warrants [member]
Current Liabilities - Warrants Financial Liability [Line Items]
Warrant term			5 years
Warrants exercise shares			1
Adjustments for fair value gains losses (in Dollars)				$ 597,639
American Depository Shares [Member]
Current Liabilities - Warrants Financial Liability [Line Items]
Pre-funded warrants			3,220,338
Pre-Funded Warrant Shares [Member]
Current Liabilities - Warrants Financial Liability [Line Items]
Exercise price (in Dollars per share)			$ 5
Warrant term			5 years
Issuance of shares	520,078
Pre-Funded Warrant Shares [Member] | American Depository Shares [Member]
Current Liabilities - Warrants Financial Liability [Line Items]
Number of right to purchase shares			1
Pre-Funded Warrant Shares [Member] | American Depository Shares [Member]
Current Liabilities - Warrants Financial Liability [Line Items]
Pre- funded warrants exercised			1
Placement Agent Warrants [Member]
Current Liabilities - Warrants Financial Liability [Line Items]
Warrant term		5 years
Warrant expiration term		Jan. 30, 2029
Warrants exercise shares		1
Placement Agent Warrants [Member] | American Depository Shares [Member]
Current Liabilities - Warrants Financial Liability [Line Items]
Exercise Price (in Dollars per share)		$ 1.55

Current Liabilities - Warrant_4

Current Liabilities - Warrants Financial Liability (Details) - Schedule of Current Liabilities - Warrants Financial Liability - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Current Liabilities - Warrants Financial Liability [Abstract]
Warrants at fair value	$ 1,555,632	$ 1,075,808	[1]
[1]Restated throughout for presentation in US Dollars. See note 1 for further details.

Current Liabilities - Warrant_5

Current Liabilities - Warrants Financial Liability (Details) - Schedule of Assumptions were Based on Observable Market Conditions - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Level 1 [Member] | Bottom of range [member]
Schedule of Assumptions were Based on Observable Market Conditions [Line Items]
Exercise price	$ 5	$ 5
Share price	0.13	0.367
Fair value per warrant	0.13	0.367
Level 1 [Member] | Top of range [member]
Schedule of Assumptions were Based on Observable Market Conditions [Line Items]
Exercise price	5.16	5.16
Share price	0.13	0.367
Fair value per warrant	0.13	0.367
Level 2 [Member] | Bottom of range [member]
Schedule of Assumptions were Based on Observable Market Conditions [Line Items]
Exercise price	0	0
Share price	$ 0.965	$ 1.27
Risk-free interest rate	4.30%	4.30%
Dividend yield	0%	0%
Fair value per warrant	$ 0.965	$ 1.27
Historical volatility	86%	86%
Level 2 [Member] | Top of range [member]
Schedule of Assumptions were Based on Observable Market Conditions [Line Items]
Exercise price	$ 1.55	$ 1.55
Share price	$ 0.965	$ 1.27
Risk-free interest rate	4.30%	4.30%
Dividend yield	0%	0%
Fair value per warrant	$ 0.406	$ 0.574
Historical volatility	86%	86%

Current Liabilities - Warrant_6

Current Liabilities - Warrants Financial Liability (Details) - Schedule of Summary of Changes in Warrants Issued - USD ($)	12 Months Ended
	Dec. 03, 2024	Dec. 02, 2024	Dec. 01, 2024
Level 1 [Member]
Schedule of Summary of Changes in Warrants Issued [Line Items]
Balance as of December 31, 2023			$ 1,075,808
Fair value gain recognized in unaudited interim condensed consolidated statement of profit or loss and other comprehensive income			(694,732)
Warrant liability as of June 30, 2024			$ 381,076
Level 2 [Member]
Schedule of Summary of Changes in Warrants Issued [Line Items]
Balance as of December 31, 2023
Pre-funded warrants issued during the period		2,945,971
Transfer upon exercise of pre-funded warrants		(1,173,776)
Fair value gain recognized in unaudited interim condensed consolidated statement of profit or loss and other comprehensive income		(597,639)
Warrant liability as of June 30, 2024		$ 1,174,556
Level 3 [Member]
Schedule of Summary of Changes in Warrants Issued [Line Items]
Balance as of December 31, 2023
Fair value gain recognized in unaudited interim condensed consolidated statement of profit or loss and other comprehensive income
Warrant liability as of June 30, 2024

Equity - Issued Capital (Detail

Equity - Issued Capital (Details) - USD ($)	Apr. 30, 2024	Jan. 30, 2024	Aug. 25, 2022
Equity - Issued Capital [Line Items]
Issuance shares		486,871	275
Offering price per share (in Dollars per share)		$ 1.55
Offering price (in Dollars)		$ 1.5499
Total consideration amount (in Dollars)		$ 2,949,857
ADS [Member]
Equity - Issued Capital [Line Items]
Issuance shares		486,871	3,220,338
Offering price per share (in Dollars per share)		$ 1.55
Pre-funded warrants		1,416,354
Total consideration amount (in Dollars)	$ 52		$ 13,299,996
Exercisable remaining per warrant (in Dollars per share)		$ 0.0001
Shares exercised	520,078
Shares exercised cashless basis	519,656
Pre Funded Warrants [Member]
Equity - Issued Capital [Line Items]
Shares exercised	520,078
Shares exercised cashless basis	520,078
Share Capital [Member] | ADS [Member]
Equity - Issued Capital [Line Items]
Total consideration amount (in Dollars)	$ 52	$ 2,949,857

Equity - Issued Capital (Deta_2

Equity - Issued Capital (Details) - Schedule of Equity Issued Capital - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Equity Issued Capital [Abstract]
Ordinary shares	1,746,493,068	1,326,676,693
Ordinary shares - fully paid	$ 32,878,307	$ 31,035,121	[1]
[1]Restated throughout for presentation in US Dollars. See note 1 for further details.

Equity - Issued Capital (Deta_3

Equity - Issued Capital (Details) - Schedule of Movements in Spare Share Capital	6 Months Ended
	Jun. 30, 2024 USD ($) $ / shares shares
Schedule of Movements in Spare Share Capital [Abstract]
Beginning Balance, Date	Dec. 31, 2023
Beginning Balance, Shares | shares	1,326,676,693
Beginning Balance, Amount | $	$ 31,035,121
Issue of registered direct offering shares (net of warrant fair value), Date	Jan. 30, 2024	[1]
Issue of registered direct offering shares (net of warrant fair value), Shares | shares	133,889,525	[1]
Issue of registered direct offering shares (net of warrant fair value), Issue price | $ / shares	$ 0.017	[1]
Issue of registered direct offering shares (net of warrant fair value), Amount | $	$ 2,252,968	[1]
Exercise of pre-funded warrants, Date | shares	285,926,850	[2]
Exercise of pre-funded warrants, Issue price | $ / shares	$ 0	[2]
Exercise of pre-funded warrants, Amount | $	$ 52	[2]
Capital raising costs, Shares | shares
Capital raising costs, Amount | $	$ (436,203)
Expiry of options, Shares | shares
Expiry of options, Amount | $	$ 26,369
Ending Balance, Date	Jun. 30, 2024
Ending Balance, Shares | shares	1,746,493,068
Ending Balance, Amount | $	$ 32,878,307
[1]On January 30, 2024, the Company completed a registered direct offering via the issuance of 486,871 ADSs at an offering price of $1.55 per ADS and 1,416,354 pre-funded warrants at an offering price of $1.5499 for a total consideration of $2,949,857. One pre-funded warrant is exercisable into one ADS upon payment of the remaining $0.0001 per warrant, or under a cashless exercise mechanism.[2]During April 2024, 520,078 pre-funded warrants were exercised into 520,078 ADS for a total of $52, and 520,078 pre-funded warrants we exercised into 519,656 ADS on a cashless exercise basis.

Equity - Reserves (Details) - S

Equity - Reserves (Details) - Schedule of Equity Reserves - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Equity Reserves [Line Items]
Equity - reserves	$ (2,315,503)	$ (2,144,913)
Foreign Currency Reserve [Member]
Schedule of Equity Reserves [Line Items]
Equity - reserves	(2,227,915)	(2,054,227)
Re-measurements Reserve [Member]
Schedule of Equity Reserves [Line Items]
Equity - reserves	$ (87,588)	$ (90,686)

Equity - Reserves (Details) -_2

Equity - Reserves (Details) - Schedule of Movements in Class of Reserve	6 Months Ended
	Jun. 30, 2024 USD ($)
Schedule of Movements in Class of Reserve [Line Items]
Beginning balance	$ (2,144,913)
Foreign currency translation	(170,590)
Re-measurement of defined benefit plans
Ending balance	(2,315,503)
Re-measurement reserve [Member]
Schedule of Movements in Class of Reserve [Line Items]
Beginning balance	(90,686)
Foreign currency translation	3,098
Re-measurement of defined benefit plans
Ending balance	(87,588)
Foreign currency reserve [Member]
Schedule of Movements in Class of Reserve [Line Items]
Beginning balance	(2,054,227)
Foreign currency translation	(173,688)
Re-measurement of defined benefit plans
Ending balance	$ (2,227,915)

Earnings Per Share (Details) -

Earnings Per Share (Details) - Schedule of Loss after Income Tax - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Loss after Income Tax [Abstract]
Loss after income tax attributable to the owners of Mobilicom Limited	$ (1,653,875)	$ (1,451,217)
Weighted average number of ordinary shares used in calculating basic earnings/(losses) per share	1,555,961,075	1,329,652,095
Weighted average number of ordinary shares used in calculating diluted earnings/(losses) per share	1,555,961,075	1,329,652,095
Basic earnings/(losses) per share	$ (0.0011)	$ (0.0011)	[1]
Diluted earnings/(losses) per share	$ (0.0011)	$ (0.0011)	[1]
[1]Restated throughout for presentation in US Dollars. See note 1 to the unaudited interim condensed consolidated financial statements for further details.