| Note | 2024 | 2023 | ||||||||||
| AUD$ | AUD$ | |||||||||||
| As Restated | ||||||||||||
| ASSETS | ||||||||||||
| CURRENT ASSETS | ||||||||||||
| Cash and cash equivalents | 5 | 514,140 | 121,273 | |||||||||
| Trade and other receivables | 6 | 4,470,101 | 4,437,253 | |||||||||
| Inventories | 7 | 6,202,160 | 1,020,469 | |||||||||
| Prepayment of seed purchase | 10 | - | 3,672,697 | |||||||||
| Other current assets | 10 | 201,830 | 553,315 | |||||||||
| TOTAL CURRENT ASSETS | 11,388,231 | 9,805,007 | ||||||||||
| NON-CURRENT ASSETS | ||||||||||||
| Investments in associates | 22 | - | 89,977 | |||||||||
| Property, plant and equipment | 8 | 14,617,513 | 10,542,592 | |||||||||
| Right-of-use asset | 15 | 944,420 | 1,040,472 | |||||||||
| Other assets | 10 | 429,841 | - | |||||||||
| Deferred tax assets | 34,270 | - | ||||||||||
| Intangible assets | 9 | 2,582,495 | 2,582,495 | |||||||||
| TOTAL NON-CURRENT ASSETS | 18,608,539 | 14,255,536 | ||||||||||
| TOTAL ASSETS | 29,996,770 | 24,060,543 | ||||||||||
| LIABILITIES | ||||||||||||
| CURRENT LIABILITIES | ||||||||||||
| Trade and other payables | 11 | 10,455,684 | 6,712,768 | |||||||||
| Borrowings | 12 | 978,574 | 396,881 | |||||||||
| Lease liability, current | 15 | 89,109 | 82,386 | |||||||||
| Income Tax liabilities | 128,927 | - | ||||||||||
| Related party loans | 27 | 4,111,661 | 3,188,006 | |||||||||
| Convertible note, net of discount | 12 | 1,181,953 | - | |||||||||
| Warrant liabilities | 14,28 | 238,613 | - | |||||||||
| Promissory note – related party, current | 27 | 968,216 | - | |||||||||
| Employee benefits | 201,024 | 103,734 | ||||||||||
| TOTAL CURRENT LIABILITIES | 18,353,761 | 10,483,775 | ||||||||||
| NON-CURRENT LIABILITIES | ||||||||||||
| Borrowings | 12 | 5,051,910 | 2,078,570 | |||||||||
| Promissory note - related party, non-current | 27 | 273,676 | - | |||||||||
| Lease liability, non-current | 15 | 879,347 | 971,752 | |||||||||
| Related party loans | 27 | 4,530,507 | 2,873,929 | |||||||||
| TOTAL NON-CURRENT LIABILITIES | 10,735,440 | 5,924,251 | ||||||||||
| TOTAL LIABILITIES | 29,089,201 | 16,408,026 | ||||||||||
| NET ASSETS | 907,569 | 7,652,517 | ||||||||||
| EQUITY | ||||||||||||
| Share capital | 13 | 3,562 | 2,860 | |||||||||
| Share premium | 13 | 17,064,658 | 2,579,627 | |||||||||
| (Accumulated losses) Retained earnings | (17,950,222) | 3,712,333 | ||||||||||
| Total (deficit) equity attributable to equity holders of the Company | (882,002) | 6,294,820 | ||||||||||
| Non-controlling interest | 1,789,571 | 1,357,697 | ||||||||||
| TOTAL EQUITY | 907,569 | 7,652,517 | ||||||||||
| Statement of Profit or Loss and Other Comprehensive Income (Loss) for the year ended June 30, 2023 | As Previously Reported | Adjustment | As Restated | |||||||||
| Cost of goods sold (2) | $ | 20,498,069 | $ | 3,564,534 | $ | 24,062,603 | ||||||
| Gross profit | $ | 8,551,276 | $ | (3,564,534) | $ | 4,986,742 | ||||||
| General and administrative expenses (3) | $ | 3,331,864 | $ | (864,432) | $ | 2,467,432 | ||||||
| Finance expenses | $ | 552,076 | $ | 60,659 | $ | 612,735 | ||||||
| Occupancy costs (1) | $ | 40,890 | $ | (40,890) | $ | - | ||||||
| Employee benefits expense (1) | $ | 2,302,641 | $ | (2,302,641) | $ | - | ||||||
| Depreciation (1) | $ | 461,074 | $ | (461,074) | $ | - | ||||||
| Profit before income tax | $ | 1,911,004 | $ | 43,844 | $ | 1,954,848 | ||||||
| Profit from continuing operations | $ | 1,801,126 | $ | 43,844 | $ | 1,844,970 | ||||||
| Profit attributable to: | ||||||||||||
| Members of the parent entity | $ | 1,399,080 | $ | 33,613 | $ | 1,432,693 | ||||||
| Non-controlling interest | $ | 402,046 | $ | 10,231 | $ | 412,277 | ||||||
| 2024 | 2023 | |||||||
| AUD$ | AUD$ | |||||||
| Short-term employee benefits | 236,154 | 134,407 | ||||||
| Post-employment benefits | 27,158 | 13,441 | ||||||
| Key management personnel | 263,312 | 147,848 | ||||||
