Reports & Statements
We would like to thank our incredibly generous partners, donors, and supporters in a year where the need for food relief continued to increase with the ongoing cost of living crisis impacting an ever-growing cohort of people.
With this financial support, it is very pleasing to report that OzHarvest was able to achieve total revenue for the year ended 30 June 2025 of $31,880,971 (FY24: $31,474,145).
Our food rescue operations continued to see growing demand from recipient charities. We worked closely with all our food donors to increase the quantity of food rescued and the efficiency of food rescue collection, whilst continuing to focus on the quality and mix of food provided to our charities. This led to an increase in the organisation’s total food rescue expenses.
OzHarvest rescued 16.0 million kilos (FY24: 14.4 million) of food and, together with food purchased utilising Government and other grants, supplied the equivalent of 31.8 million meals (FY24: 28.5 million meals) to charity agencies and direct to the community in the year ended 30 June 2025.
We continue to invest in and expand our education programs and sustainability initiatives to drive action towards the Australian national goal of halving food waste by 2030.
The increase in food rescue, education and sustainability expenses resulting in an increase in overall expenses to $33,375,185 (FY24: $28,319,549).
We noted in last year’s report that a major portion of the increased revenue in FY24 was received towards the end of the financial year, and this was being invested in increased program delivery costs in FY25. The timing of receipt for this increased revenue meant we achieved a financial surplus in FY24 of $3,154,596. Almost 50% of this surplus has been invested into program delivery in FY25 and will continue to be invested in FY26 and beyond.
The net result for the year was a deficit of $1,494,214 (FY24: Surplus $3,154,596).
I wish to thank Graham Jowett (CFO) and the finance team for their dedication and professionalism. I also acknowledge the continued work and guidance of the auditors, Ernst & Young.
Guy Brent
Treasurer
OzHarvest Board Director
Opinion
The summary financial statements, which comprise the summary statement of financial position as at 30 June 2025, the summary statement of comprehensive income, summary statement of changes in equity and summary statement of cash flows for the year then ended, and related notes, are derived from the audited financial report of Oz Harvest Limited (the Company) for the year ended 30 June 2025.
In our opinion, the accompanying summary financial statements are consistent, in all material respects, with the audited financial report, in accordance with Australian Charities and Not-for-Profits Commission Act 2012.
Summary Financial Statements
The summary financial statements do not contain all the disclosures required by Australian Accounting Standards and Australian Charities and Not-for-Profits Commission Act 2012. Reading the summary financial statements and the auditor’s report thereon, therefore, is not a substitute for reading the audited financial report and the auditor’s report thereon.
Audited Financial Report and Our Report Thereon
We expressed an unmodified audit opinion on the audited financial report in our report dated 14 November 2025.
Responsibility of the Directors for the Summary Financial Statements
The directors of the Company are responsible for the preparation of the summary financial statements in accordance with the Australian Accounting Standards and Australian Charities and Not-for-Profits Commission Act 2012.
Auditor’s Responsibility
Our responsibility is to express an opinion on whether the summary financial statements are consistent, in all material respects, with the audited financial report based on our procedures, which were conducted in accordance with Auditing Standard ASA 810 Engagements to Report on Summary Financial Statements.
Ernst & Young
Sydney
14 November 2025