INOVIQ Annual Report 2024

Financial Report Notes Consolidated Group As at 30 June 2024 $ As at 30 June 2023 $ CURRENT ASSETS Cash and cash equivalents 7 9,233,192 7,812,511 Trade and other receivables 8 1,274,097 1,193,007 Inventories 17,831 17,815 Prepayments 332,336 380,161 TOTAL CURRENT ASSETS 10,857,456 9,403,494 NON-CURRENT ASSETS Building improvements, plant, and equipment 9 829,898 861,845 Intangible assets 10 9,702,289 10,651,666 Goodwill 10 – – Right-of-use assets 11 316,060 591,813 TOTAL NON-CURRENT ASSETS 10,848,247 12,105,324 TOTAL ASSETS 21,705,703 21,508,818 CURRENT LIABILITIES Trade and other payables 12 920,527 787,796 Lease liability 13 241,482 362,347 Provisions 14 372,806 367,761 TOTAL CURRENT LIABILITIES 1,534,815 1,517,904 NON-CURRENT LIABILITIES Lease liability 13 162,253 368,365 Provisions 14 22,307 7,152 Deferred tax liability 6(c) – – TOTAL NON-CURRENT LIABILITIES 184,560 375,517 TOTAL LIABILITIES 1,719,375 1,893,421 NET ASSETS 19,986,328 19,615,397 Issued capital 15(a) 75,125,621 69,053,379 Distribution reserve 16 – – Share based payment reserve 16 1,803,134 1,679,616 Foreign exchange translation reserve 16 (26,810) (45,076) Accumulated losses 17 (56,915,617) (51,072,522) TOTAL EQUITY 19,986,328 19,615,397 The accompanying notes form part of these financial statements. Consolidated Statement of Financial Position as at 30 June 2024 33 Annual Report 2024

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