$VIVO

VivoPower PLC

CIK:0001681348|SEC Filings

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2023
Profit or loss [abstract]
Revenue from contracts with customers	$ 61	$ 16	$ 4,055
Cost of sales	(50)	27	(4,294)
Cost of sales - non-recurring events			(3,850)
Gross profit/(loss)	11	43	(4,089)
General and administrative expenses	(8,233)	(7,521)	(6,425)
Other gains	16	89	31
Other income			82
Depreciation of property, plant and equipment	(157)	(746)	(508)
Amortization of intangible assets	(360)	(384)	(831)
Operating loss	(8,723)	(8,519)	(11,740)
Restructuring and other non-recurring costs	(412)	(1,392)	(1,662)
Impairment losses	(2,531)	(29,686)	(421)
Finance income	3,568	1,396	1,156
Finance expense	(7,033)	(6,015)	(6,839)
Loss before income tax	(15,131)	(44,216)	(19,506)
Income tax	691	(1,603)	(559)
Loss from continuing operations	(14,440)	(45,819)	(20,065)
(Loss)/profit from discontinued operations	1,648	(881)	(4,290)
Loss for the period	(12,792)	(46,700)	(24,355)
Losses attributable to:
Equity owners of VivoPower International PLC	(12,792)	(46,700)	(24,355)
Other comprehensive loss
Currency translation differences recognized directly in other comprehensive loss	(2,034)	(1,194)	1,236
Total comprehensive loss for the period attributable to owners of the company	$ (14,826)	$ (47,894)	$ (23,119)
Losses per share attributable to owners of the company, net of related tax effects (dollars)
Continuing Operations - Basic	$ (2.17)	$ (14.88)	$ (8.13)
Continuing Operations - Diluted	(2.17)	(14.88)	(8.13)
Discontinued Operations - Basic	0.25	(0.29)	(1.74)
Discontinued Operations - Diluted	$ 0.25	$ (0.29)	$ (1.74)

Consolidated Statements of Cash Flow - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Loss from continuing operations	$ (14,440)	$ (45,819)	$ (20,065)
(Loss)/profit from discontinued operations	1,648	(881)	(4,290)
Income tax	(719)	1,771	561
Finance expense	7,033	6,015	4,973
Finance income	(3,568)	(1,396)
Depreciation of property, plant and equipment	157	749	750
Amortization of intangible assets	360	823	831
Loss on disposal of property, plant and equipment		471
Other gains	(16)	(89)	(30)
Impairment of goodwill and intangible assets	1,606	29,844
Share-based payments	4,047	750	147
Decrease in trade and other receivables	(1,608)	1,340	6,355
(Increase)/decrease in inventory	495	(188)	(680)
Increase in digital assets	(5)
Increase in trade and other payables	(1,556)	7,651	5,332
Increase/(decrease) in provisions	817	452	674
Net cash from/(used in) operating activities	(5,749)	1,493	(5,442)
Cash flows from investing activities
Proceeds on sale of property, plant and equipment		22	110
Purchase of property, plant and equipment	(985)	(609)	(1,029)
Investment in capital projects	(2,249)	(3,979)	(3,857)
Proceeds on disposal of J.A Martin ex-solar business			2,874
Proceeds on sale of capital projects			47
Acquisitions - consideration			(66)
Net cash used in investing activities	(3,234)	(4,566)	(1,921)
Cash flows from financing activities
Other borrowings			(108)
Lease repayments	(43)	(201)	(43)
Proceeds from investor		1,000	300
Capital raise proceeds	8,878	2,524	5,500
Equity instruments and capital raise costs			(397)
Debtor finance borrowings/(repayments)		(1,262)	1,297
Loans from related parties	(92)	781	3,572
Repayment of loans from related parties		(370)	(370)
Bank loan borrowings		(7)	(138)
Chattel mortgage borrowings		(62)	(267)
Finance expense			(3,239)
Transfer from/(to) restricted cash	101	316	587
Net cash from financing activities	8,844	2,719	6,694
Net (decrease) in cash and cash equivalents	(139)	(354)	(669)
Cash and cash equivalents at the beginning of the year	199	553	1,285
Effect of exchange rate movements on cash held			(63)
Cash and cash equivalents at the end of the year	$ 60	$ 199	$ 553

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2023
Non-current assets
Property, plant and equipment, net	$ 1,460	$ 439	$ 3,742
Intangible assets, net	16,694	15,235	42,175
Deferred tax assets	4,405	4,099	5,136
Total non-current assets	22,559	19,773	51,053
Current assets
Cash and cash equivalents	60	199	553
Restricted cash	191	292	608
Trade and other receivables	73,162	10,044	7,087
Inventory	1,151	1,646	2,115
Digital assets	5
Assets classified as held for sale		5,479
Total current assets	74,569	17,660	10,363
TOTAL ASSETS	97,128	37,433	61,416
Current liabilities
Trade and other payables	39,806	37,929	14,597
Income tax liability	168	280	156
Provisions	3,047	2,230	1,778
Loans and borrowings	12,249	8,171	2,384
Liabilities classified as held for sale		5,515
Total current liabilities	55,270	54,125	18,915
Non-current liabilities
Other payables	2,225		6,443
Provisions	17	57	76
Loans and borrowings	16,940	20,915	30,004
Deferred tax liabilities	2,572	2,873	2,232
Total non-current liabilities	21,754	23,845	38,755
Total liabilities	77,024	77,970	57,670
Equity
Share capital	2,704	533	308
Share premium	181,668	108,220	105,018
Cumulative translation reserve	(1,966)	2	1,203
Other reserves	(6,519)	(6,301)	(6,492)
Accumulated deficit	(155,783)	(142,991)	(96,291)
Equity and reserves attributable to owners	20,104	(40,537)	3,746
Total equity	20,104	(40,537)	3,746
TOTAL EQUITY AND LIABILITIES	$ 97,128	$ 37,433	$ 61,416