| Revenue | Note | 2024 ($) | 2023 ($) | 2022 ($) | ||||||||||
| Revenue from Program Fees | 5 | 929,319 | 937,415 | 2,050,044 | ||||||||||
| Less: Contractual payments to gyms | 5 | (537,012) | (574,025) | (1,215,191) | ||||||||||
| Net Revenue from Program Fees | 392,307 | 363,390 | 834,853 | |||||||||||
| Other Income | 5 | 170,005 | 1,173,421 | 105,950 | ||||||||||
| Total Revenue | 562,312 | 1,536,811 | 940,803 | |||||||||||
| Expenses | ||||||||||||||
| Program Expenses | 6 | 160,578 | 229,848 | 342,600 | ||||||||||
| Employee salaries and benefits | 5,504,592 | 4,219,655 | 4,664,013 | |||||||||||
| Share Based Payments | 22 | 4,521,598 | 2,365,384 | 1,546,983 | ||||||||||
| Advertising fees | 613,348 | 721,713 | 3,615,399 | |||||||||||
| Professional fees | 1,790,344 | 864,419 | 685,870 | |||||||||||
| Rent | 11,169 | 11,793 | 2,366 | |||||||||||
| IT costs | 566,709 | 633,220 | 640,403 | |||||||||||
| Depreciation and amortization | 520,697 | 360,021 | 260,651 | |||||||||||
| Net foreign exchange gain | 6 | (146,543) | (47,359) | (26,079) | ||||||||||
| Finance costs | 6 | 3,262,927 | 4,472,730 | 2,191,803 | ||||||||||
| Other expenses | 1,565,924 | 1,432,094 | 965,808 | |||||||||||
| Fair Value movement in derivative liability | 8 | (3,400,685) | 6,870,729 | (2,751,564) | ||||||||||
| Total Expenses | 14,970,658 | 22,134,247 | 12,138,253 | |||||||||||
| Loss before income tax expense | (14,408,346) | (20,597,436) | (11,197,450) | |||||||||||
| Income tax expense | 7 | - | - | - | ||||||||||
| Loss after income tax expense for the period | (14,408,346) | (20,597,436) | (11,197,450) | |||||||||||
| Other comprehensive loss, net of tax | (20,710) | (36,465) | (31,312) | |||||||||||
| Total comprehensive loss for the period attributable to Alta Global Group Limited | (14,429,056) | (20,633,901) | (11,228,762) | |||||||||||
| Basic loss per share | 27 | (1.40) | (5.26) | (2.86) | ||||||||||
| Diluted loss per share | 27 | (1.40) | (5.26) | (2.86) | ||||||||||
| 2024 ($) | 2023 ($) | 2022 ($) | ||||||||||
| Income tax expense consists of the following: | ||||||||||||
| Deferred tax expense | - | - | - | |||||||||
| Current tax expense | - | - | - | |||||||||
| Total Income tax expense | - | - | - | |||||||||
| Effective tax rate reconciliation: | ||||||||||||
| Loss before income tax expense | (14,408,346) | (20,597,436) | (11,197,450) | |||||||||
| Prima facie income tax benefit on loss before income tax calculated at 25% (2022: 25%) | 3,602,086 | 5,149,359 | 2,799,363 | |||||||||
| Add tax effect of | ||||||||||||
| - other non-allowable items | (831,249) | (3,297,349) | 143,430 | |||||||||
| Less tax effect of | ||||||||||||
| - items not assessable for income tax | (2,590,831) | (1,435,790) | (1,377,243) | |||||||||
| - items deductible for taxation not accounting | 251,784 | 772,848 | 114,471 | |||||||||
| Deferred tax not recognised | (431,790) | (1,189,068) | (1,680,021) | |||||||||
| Income tax expense | - | - | - | |||||||||
| Private Placement | ||||
| Implied valuation | $ | 53,685,000 | ||
| Volatility | 60 | % | ||
| Risk free rate | 3.5 | % | ||
| Probability of conversion | 100 | % | ||
| 2024 ($) | 2023 ($) | |||||||
| Payable to member gyms | 69,019 | 61,065 | ||||||
| Taxes payable | 603,550 | 560,204 | ||||||
| Trade payables | 540,102 | 723,105 | ||||||
| Provision for refund liability | - | 70,000 | ||||||
| Other Payables | 778,865 | 620,062 | ||||||
| Total trade and other payables | 1,991,536 | 2,034,436 | ||||||
| 2024 | 2023 | 2022 | ||||||||||
| $ | $ | $ | ||||||||||
| Short term benefits | 1,031,194 | 657,879 | 671,709 | |||||||||
| Post employment benefits | 62,730 | 33,191 | 43,542 | |||||||||
| Long term benefits | 16,474 | 18,892 | - | |||||||||
| Share Based payments | 1,808,863 | 1,065,554 | 897,586 | |||||||||
| Total | 2,919,261 | 1,775,516 | 1,612,837 | |||||||||
