| Note | 30 September 2024 | 30 June 2024 | ||||||||||
| AUD$ | AUD$ | |||||||||||
| ASSETS | ||||||||||||
| CURRENT ASSETS | ||||||||||||
| Cash and cash equivalents | 2,127,738 | 514,140 | ||||||||||
| Trade and other receivables | 3 | 5,087,251 | 4,470,101 | |||||||||
| Inventories | 4 | 6,614,037 | 6,202,160 | |||||||||
| Other current assets | 6 | 541,284 | 201,830 | |||||||||
| TOTAL CURRENT ASSETS | 14,370,310 | 11,388,231 | ||||||||||
| NON-CURRENT ASSETS | ||||||||||||
| Property, plant and equipment | 5 | 15,537,051 | 14,617,513 | |||||||||
| Right-of-use asset | 11 | 920,406 | 944,420 | |||||||||
| Other assets | 6 | 4,513 | 429,841 | |||||||||
| Deferred tax assets | 34,270 | 34,270 | ||||||||||
| Intangible assets | 2,582,495 | 2,582,495 | ||||||||||
| TOTAL NON-CURRENT ASSETS | 19,078,735 | 18,608,539 | ||||||||||
| TOTAL ASSETS | 33,449,045 | 29,996,770 | ||||||||||
| LIABILITIES | ||||||||||||
| CURRENT LIABILITIES | ||||||||||||
| Trade and other payables | 7 | 12,899,081 | 10,455,684 | |||||||||
| Borrowings | 8 | 5,840,889 | 978,574 | |||||||||
| Lease liability, current | 11 | 89,109 | 89,109 | |||||||||
| Income Tax liabilities | - | 128,927 | ||||||||||
| Related party loans | 21 | 5,935,338 | 4,111,661 | |||||||||
| Convertible note, net of discount | 8 | 1,318,058 | 1,181,953 | |||||||||
| Warrant liabilities | 10,24 | 238,613 | 238,613 | |||||||||
| Promissory note – related party, current | 21 | 993,180 | 968,216 | |||||||||
| Employee benefits | 212,289 | 201,024 | ||||||||||
| TOTAL CURRENT LIABILITIES | 27,526,557 | 18,353,761 | ||||||||||
| NON-CURRENT LIABILITIES | ||||||||||||
| Borrowings | 8 | - | 5,051,910 | |||||||||
| Promissory note - related party, non-current | 21 | 273,676 | 273,676 | |||||||||
| Lease liability, non-current | 11 | 857,069 | 879,347 | |||||||||
| Related party loans | 21 | 4,530,507 | 4,530,507 | |||||||||
| TOTAL NON-CURRENT LIABILITIES | 5,661,252 | 10,735,440 | ||||||||||
| TOTAL LIABILITIES | 33,187,809 | 29,089,201 | ||||||||||
| NET ASSETS | 261,236 | 907,569 | ||||||||||
| EQUITY | ||||||||||||
| Share capital | 9 | 3,562 | 3,562 | |||||||||
| Share premium | 9 | 17,064,658 | 17,064,658 | |||||||||
| Accumulated losses | (18,563,884) | (17,950,222) | ||||||||||
| Total deficit attributable to equity holders of the Company | (1,495,664) | (882,002) | ||||||||||
| Non-controlling interest | 1,756,900 | 1,789,571 | ||||||||||
| TOTAL EQUITY | 261,236 | 907,569 | ||||||||||
| 2024 | 2023 | Change | % | |||||||||||||
| AUD$ | AUD$ | |||||||||||||||
| Sales revenue | 10,328,865 | 9,738,472 | 590,393 | 6.1 | % | |||||||||||
| Cost of sales | (9,498,485) | (7,265,691) | (2,232,794) | 30.7 | % | |||||||||||
| Gross profit | 830,380 | 2,472,781 | (1,642,401) | (66.4 | )% | |||||||||||
| General and administrative expenses | (830,406) | (885,803) | 55,397 | (6.3 | )% | |||||||||||
| Selling and marketing expenses | (199,345) | (68,873) | (130,472) | 189.4 | % | |||||||||||
| Other income | 32,374 | 1,654 | 30,720 | 1,857.3 | % | |||||||||||
| Operating (loss) profit | (166,997) | 1,519,759 | (1,686,756) | (111.0 | )% | |||||||||||
| Finance expenses | (479,336) | (109,228) | (370,108) | 338.8 | % | |||||||||||
| (Loss) Profit before income tax | (646,333) | 1,410,531 | (2,056,864) | (145.8 | )% | |||||||||||
| Income tax expense | - | - | - | - | % | |||||||||||
| (Loss) Profit for the year | (646,333) | 1,410,531 | (2,056,864) | (145.8 | )% | |||||||||||
| Other comprehensive income for the year, net of tax | - | - | ||||||||||||||
| Total comprehensive (loss) income | (646,333) | 1,410,531 | (2,056,864) | (145.8 | )% | |||||||||||
| (Loss) Profit attributable to: | ||||||||||||||||
| Members of the parent entity | (613,662) | 1,096,364 | (1,710,026) | (156.0 | )% | |||||||||||
| Non-controlling interest | (32,671) | 314,167 | (346,838) | (110.4 | )% | |||||||||||
| Total (Loss) Income | (646,333) | 1,410,531 | (2,056,864) | (145.8 | )% | |||||||||||
| Total comprehensive (loss) income attributable to: | ||||||||||||||||
| Members of the parent entity | (613,662) | 1,096,364 | (1,710,026) | (156.0 | )% | |||||||||||
| Non-controlling interest | (32,671) | 314,167 | (346,838) | (110.4 | )% | |||||||||||
| Total | (646,333) | 1,410,531 | (2,056,864) | (145.8 | )% | |||||||||||
| Note | 2024 | 2023 | ||||||||||
| AUD$ | AUD$ | |||||||||||
| Income statement abstract | ||||||||||||
| Sales revenue | 12 | 10,328,865 | 9,738,472 | |||||||||
| Cost of sales | 13 | (9,498,485) | (7,265,691) | |||||||||
| Gross profit | 830,380 | 2,472,781 | ||||||||||
| General and administrative expenses | 14 | (830,406) | (885,803) | |||||||||
| Selling and marketing expenses | 15 | (199,345) | (68,873) | |||||||||
| Other income | 16 | 32,374 | 1,654 | |||||||||
| Operating (loss) profit | (166,997) | 1,519,759 | ||||||||||
| Finance expenses | 18 | (479,336) | (109,228) | |||||||||
| (Loss) Profit before income tax | (646,333) | 1,410,531 | ||||||||||
| Income tax expense | - | - | ||||||||||
| (Loss) Profit for the period | (646,333) | 1,410,531 | ||||||||||
| Other comprehensive income for the period, net of tax | - | - | ||||||||||
| Total comprehensive (loss) income | (646,333) | 1,410,531 | ||||||||||
| (Loss) Profit attributable to: | ||||||||||||
| Members of the parent entity | (613,662) | 1,096,364 | ||||||||||
| Non-controlling interest | (32,671) | 314,167 | ||||||||||
| Total (Loss) Income | (646,333) | 1,410,531 | ||||||||||
| Total comprehensive (loss) income attributable to: | ||||||||||||
| Members of the parent entity | (613,662) | 1,096,364 | ||||||||||
| Non-controlling interest | (32,671) | 314,167 | ||||||||||
| Total | (646,333) | 1,410,531 | ||||||||||
| (Loss) Earnings per share attributable to the ordinary equity holders of the parent | ||||||||||||
| Profit or loss | ||||||||||||
| Basic (loss) earnings per share (cents) | 19 | (0.03) | 0.08 | |||||||||
| Diluted (loss) earnings per share (cents) | 19 | (0.03) | 0.08 | |||||||||
| Note | 2024 | 2023 | ||||||||||||||||||||||
| AUD$ | AUD$ | |||||||||||||||||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||||
| Receipts from customers | 9,744,089 | 8,867,322 | ||||||||||||||||||||||
| Payments to suppliers and employees | (8,689,066) | (10,626,767) | ||||||||||||||||||||||
| Tax Refund received/Income tax paid | (160,692) | 318,723 | ||||||||||||||||||||||
| Interest paid | (305,990) | (96,441) | ||||||||||||||||||||||
| Net cash provided by/(used in) operating activities | 20 | 588,341 | (1,537,163) | |||||||||||||||||||||
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||||||||||
| Purchase of property, plant and equipment | (577,351) | (640,891) | ||||||||||||||||||||||
| Net cash (used in) investing activities | (577,351) | (640,891) | ||||||||||||||||||||||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||||||||||
| Proceeds from related parties’ loans | 1,819,164 | 3,567,182 | ||||||||||||||||||||||
| Proceeds from secured borrowings | - | 896,903 | ||||||||||||||||||||||
| Repayment of secured borrowings | (189,594) | (1,992,041) | ||||||||||||||||||||||
| Repayment of lease liability | (26,962) | (34,207) | ||||||||||||||||||||||
| Net cash provided by/ financing activities | 1,602,608 | 2,437,837 | ||||||||||||||||||||||
| Net increase in cash and cash equivalents held | 1,613,598 | 259,783 | ||||||||||||||||||||||
| Cash and cash equivalents at beginning of year | 514,140 | 121,273 | ||||||||||||||||||||||
| Cash and cash equivalents at the end of September period | 2,127,738 | 381,056 | ||||||||||||||||||||||
| 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 | ||||||||||
