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FINANCIAL INSTRUMENTS - RISK MANAGEMENT (Tables)
12 Months Ended
Jun. 30, 2021
FINANCIAL INSTRUMENTS - RISK MANAGEMENT  
Schedule of financial assets by category

Financial assets by category

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Mandatorily measured at fair

​

​

Amortized cost

​

value through profit or loss

Financial asset

    

06/30/2021

    

06/30/2020

    

06/30/2019

    

06/30/2021

    

06/30/2020

    

06/30/2019

Cash and cash equivalents

 

28,327,569

 

20,176,452

 

3,450,873

 

7,718,544

 

22,346,409

 

—

Other financial assets

 

1,523,438

 

4,713,161

 

4,703,688

 

10,735,422

 

9,045,935

 

356,233

Trade receivables

 

88,919,911

 

73,546,633

 

59,236,377

 

—

 

—

 

—

Other receivables (*)

 

5,005,283

 

3,349,901

 

1,566,732

 

—

 

—

 

—

Total

 

123,776,201

 

101,786,147

 

68,957,670

 

18,453,966

 

31,392,344

 

356,233

​

(*)

Advances expenses and tax balances are not included.

Schedule financial liabilities by category

Financial liabilities by category

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Mandatorily measured at fair

​

​

Amortized cost

​

value through profit or loss

Financial liability

    

06/30/2021

    

06/30/2020

    

06/30/2019

    

06/30/2021

    

06/30/2020

    

06/30/2019

Trade and other payables

 

72,091,408

 

57,289,862

 

40,578,494

 

—

 

—

 

—

Borrowings

 

124,774,325

 

104,948,345

 

103,556,730

 

—

 

—

 

—

Convertible notes

​

48,664,012

​

43,029,834

​

—

​

—

​

—

​

—

Lease liability

​

1,140,717

​

1,109,812

​

—

​

—

​

—

​

—

Employee benefits and social security

 

4,680,078

 

5,044,630

 

5,357,218

 

—

 

—

 

—

Consideration for acquisition of assets

​

11,790,533

​

452,654

​

3,279,265

​

—

​

—

​

—

Warrants

 

—

 

—

 

—

 

—

 

1,686,643

 

2,861,511

Total

 

263,141,073

 

211,875,137

 

152,771,707

 

—

 

1,686,643

 

2,861,511

Schedule of fair value by hierarchy

​

​

​

​

​

​

​

​

Measurement at fair value at 06/30/2021

    

Level 1

    

Level 2

    

Level 3

​

​

​

​

​

​

​

Financial assets at fair value

​

​

​

​

​

​

Mutual funds

​

7,718,544

​

—

​

—

US Treasury bills

​

7,885,937

​

—

​

—

Other investments

​

2,110,414

​

739,071

​

—

​

​

​

​

​

​

​

Measurement at fair value at 06/30/2020

    

Level 1

    

Level 2

    

Level 3

​

​

​

​

​

​

​

Financial assets at fair value

​

​

​

​

​

​

Mutual funds

​

22,346,409

​

—

​

—

US Treasury bills

 

7,768,410

 

—

 

—

Other investments

​

1,176,977

​

100,548

​

—

​

​

​

​

​

​

​

Financial liabilities valued at fair value

​

​

​

​

​

​

Private warrants

 

—

 

—

 

1,686,643

​

​

​

​

​

​

​

Measurement at fair value at 06/30/2019

 

Level 1

 

Level 2

 

Level 3

​

​

​

​

​

​

​

Financial assets at fair value

 

​

 

  

 

​

Other investments

 

356,233

 

—

 

—

​

​

​

​

​

​

​

Financial liabilities valued at fair value

​

​

​

​

​

​

Private warrants

​

—

​

—

​

2,861,511

Schedule of changes in financial liabilities valued at fair value level 3

​

​

​

​

​

​

06/30/2020

As of the beginning of the year

​

2,861,511

Changes in finance results(1)

​

(1,174,868)

As of the end of the year

​

1,686,643

​

(1) The amount of the change in fair value for the year ended June 30,2020 is recognized in “Changes in fair value of financial assets or liabilities and other financial results”. See Note 8.5.

Schedule of contractual maturities of financial liabilities

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Between one

​

Between

​

​

​

​

Up to 3

​

3 to 12

​

and three

​

three and

​

Subsequent

As of June 30, 2021

    

months

    

months

    

years

    

five years

    

years

Trade and other payables

 

17,379,825

 

44,023,803

 

9,266

 

—

 

—

Borrowings

​

26,399,791

​

57,195,372

​

53,290,976

​

—

​

—

Convertible notes

 

—

 

—

 

48,664,012

 

—

 

—

Leasing liabilities

 

374,642

 

2,154,835

 

755,932

 

—

 

—

Total

 

44,154,258

 

103,374,010

 

102,720,186

 

—

 

—

​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

    

​

    

Between one

    

Between

    

​

​

​

Up to 3

​

3 to 12

​

and three

​

three and

​

Subsequent

As of June 30, 2020

​

months

​

months

​

years

​

five years

​

years

Trade and other payables

 

28,150,681

 

29,130,428

 

463,568

 

—

 

—

Borrowings

 

35,863,852

 

34,810,916

 

43,799,397

 

—

 

—

Convertible notes

 

—

 

—

 

43,029,834

 

—

 

—

Leasing liabilities

​

196,717

​

625,463

​

483,725

​

—

​

—

Total

 

64,211,250

 

64,566,807

 

87,776,524

 

—

 

—

​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

    

​

    

Between one

    

Between

    

​

​

​

Up to 3

​

3 to 12

​

and three

​

three and

​

Subsequent

As of June 30, 2019

​

months

​

months

​

years

​

five years

​

years

Trade and other payables

 

12,854,579

 

28,987,009

 

476,482

 

—

 

—

Borrowings

 

29,051,271

 

40,097,864

 

38,524,384

 

—

 

—

Financed payment - Acquisition of business

 

—

 

2,937,500

 

—

 

—

 

—

Total

 

41,905,850

 

72,022,373

 

39,000,866

 

—

 

—

Credit risk  
FINANCIAL INSTRUMENTS - RISK MANAGEMENT  
Schedule of loss allowances

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Gross carrying

​

​

​

​

​

​

amount-trade

​

Expected Loss

​

Loss

​

    

receivables

    

rate

    

allowance

Current

 

78,286,114

​

0.21

%  

161,963

More than 15 days past due

​

2,192,641

​

0.21

%  

4,536

More than 30 days past due

 

1,145,112

 

0.21

%  

2,369

More than 60 days past due

​

2,396,153

​

0.24

%  

5,796

More than 90 days past due

​

3,031,050

​

0.25

%  

7,719

More than 120 days past due

​

1,174,948

​

0.39

%  

4,589

More than 180 days past due

​

756,820

​

0.21

%  

1,587

More than 365 days past due

​

5,659,837

​

100

%  

5,659,837

IAS 29 effect and Currency conversion

​

—

​

​

​

10,107

Total 06/30/2021

 

94,642,675

 

​

​

5,858,503

Currency Risk  
FINANCIAL INSTRUMENTS - RISK MANAGEMENT  
Schedule of net exposure

​

​

​

​

​

​

​

​

Net foreign currency position

    

06/30/2021

    

06/30/2020

    

06/30/2019

Amount expressed in US$

 

(50,608,592)

 

(52,968,976)

 

(40,513,954)

Interest Rate Risk  
FINANCIAL INSTRUMENTS - RISK MANAGEMENT  
Schedule of net exposure

​

​

​

​

​

​

​

​

​

    

06/30/2021

    

06/30/2020

    

06/30/2019

​

​

Carrying

​

Carrying

​

Carrying

​

​

amount

​

amount

​

amount

Fixed-rate instruments

 

  

 

  

 

  

Current financial liabilities

 

(73,125,807)

 

(62,490,975)

 

(69,126,607)

Non-current financial liabilities

 

(108,236,265)

 

(84,253,034)

 

(37,459,235)

​

​

​

​

​

​

​

Variable-rate instruments

 

​

 

​

 

​

Current financial liabilities

 

(3,660,050)

 

(1,230,760)

 

(177,213)

Non-current financial liabilities

 

(206,748)

 

(456,064)

 

(72,940)