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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Cash from operating activities:      
Net loss $ (293,445) $ (15,217) $ (6,193)
Adjustments to net loss:      
Share in loss of jointly controlled entities 206 254 10
Share based listing expenses 106,055 0 0
Share based payment expense 1,694 0 0
Depreciation and amortization expense 84 49 47
Non-cash finance costs recognised in profit or loss 2,046 2,518 2,118
Unrealised (gain)/loss on derivative financial instruments 164,935 (105) 3
Deferred income tax expense/(benefit) 0 (378) (618)
Changes in operating assets and liabilities:      
Decrease/(Increase) in trade and other receivable (525) (233) 68
(Increase)/decrease in prepayments (1,843) (13) (28)
(Increase)/decrease in tax incentive receivable 638 76 35
Increase/(decrease) in trade and other payables (19,126) 4,079 1,149
Deferred income 0 0 (1,037)
Increase/(decrease) in contract liabilities 2 (102) 104
Increase in provisions 170 66 17
Foreign exchange differences (1,200) (45) 215
Cash flows from (used in) operating activities (40,309) (9,051) (4,110)
Cash flows from investing activities:      
Acquisition of interest in joint venture 0 0 (67)
Interest received 98 9 1
Loans and advances paid to related parties (227) (144) (43)
Purchases of property, plant and equipment (115) (33) (15)
Net cash used in investing activities (244) (168) (124)
Cash flows from financing activities:      
Payment of deferred consideration 0 (607) 0
Proceeds from borrowings and other financial liabilities 40,285 11,515 1,838
Proceeds from Capital Reorganisation 9,203 0 0
Increase/(decrease) in lease liabilities 45 (37) (45)
Net cash generated by financing activities 49,533 10,871 1,793
Net increase/(decrease) in cash and cash equivalents 8,979 1,652 (2,441)
Effect of exchange rate changes on cash 42 (15) (234)
Cash and cash equivalents at the beginning of the year 2,060 423 3,098
Cash and cash equivalents at the end of the year $ 11,081 $ 2,060 $ 423