| Schedule of finance income and expense |
The
components of net finance expense from continuing operations are as follows:
Schedule of finance income and expense
| (US dollars in thousands) | |
2023 | | |
2022 | |
| | |
Six months ended December 31 | |
| (US dollars in thousands) | |
2023 | | |
2022 | |
| Shareholder loan | |
| 2,864 | | |
| 2,233 | |
| Convertible preference shares and loan notes | |
| 159 | | |
| 105 | |
| Debtor invoice financing | |
| 15 | | |
| 143 | |
| Interest on leases | |
| 81 | | |
| 81 | |
| Other finance costs | |
| 14 | | |
| 300 | |
| Foreign exchange | |
| -1,297 | | |
| -395 | |
| Waived dividends and interest on convertible preference shares and loan notes | |
| 462 | | |
| - | |
| Total net finance expenses | |
| 2,298 | | |
| 2,467 | |
|
Schedule of finance income and expense
| (US dollars in thousands) | |
2023 | | |
2022 | | |
2021 | |
| | |
Year
Ended June 30 | |
| (US dollars in thousands) | |
2023 | | |
2022 | | |
2021 | |
| Finance income | |
| | | |
| | | |
| | |
| Foreign exchange gain | |
| 1,150 | | |
| 173 | | |
| 2,176 | |
| Interest income | |
| 6 | | |
| - | | |
| - | |
| Total finance income | |
| 1,156 | | |
| 173 | | |
| 2,176 | |
| | |
Year
Ended June 30 | |
| (US dollars in thousands) | |
2023 | | |
2022 | | |
2021 | |
| Finance expense | |
| | | |
| | | |
| | |
| Related party loan interest payable | |
| 3,801 | | |
| 3,351 | | |
| 1,986 | |
| Convertible loan notes and preference shares interest payable | |
| 254 | | |
| 217 | | |
| 1,228 | |
| Waived dividends on convertible preference shares | |
| - | | |
| - | | |
| (327 | ) |
| Waived dividends on convertible loan notes | |
| - | | |
| - | | |
| (668 | ) |
| Debtor invoice finance interest payable | |
| 100 | | |
| 24 | | |
| 7 | |
| Lease liability interest payable | |
| 171 | | |
| 133 | | |
| 42 | |
| Bank interest payable | |
| 47 | | |
| 3 | | |
| - | |
| Foreign exchange losses | |
| 2,704 | | |
| 4,709 | | |
| 92 | |
| Other finance costs | |
| 289 | | |
| 167 | | |
| 90 | |
| Total finance expense | |
| 7,366 | | |
| 8,604 | | |
| 2,450 | |
|