Company: COOT
Filing Date: 2025-05-09
Form Type: S-1/A
Source: 0001641172-25-009369
Chunk: 142

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-09
Form: S-1/A
Chunk 142
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 test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion.

We have served as the Company’s auditor since 2024

BDO Audit Pty Ltd.

N I Batters

Director

Brisbane, 3 December 2024

| F-2 |

<div align='center'>AUSTRALIAN OILSEEDS HOLDINGS LTD.

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (LOSS)

FOR THE YEARS ENDED 30 JUNE 2024 AND 30 JUNE 2023</div>

|                                                                              |     | Note |     | 2024 |             |   |     | 2023 |             |   |
|                                                                              |     |      |     |      |        AUD$ |   |     |      |        AUD$ |   |
| Income statement abstract                                                    |     |      |     |      |             |   |     |      | As Restated |   |
| Sales revenue                                                                |     |   16 |     |      |  33,727,222 |   |     |      |  29,049,345 |   |
| Cost of sales                                                                |     |   17 |     |      | (27,810,782 | ) |     |      | (24,062,603 | ) |
| Gross profit                                                                 |     |      |     |      |   5,916,440 |   |     |      |   4,986,742 |   |
| General and administrative expenses                                          |     |   18 |     |      |  (3,224,843 | ) |     |      |  (2,467,432 | ) |
| Selling and marketing expenses                                               |     |   19 |     |      |    (412,536 | ) |     |      |           - |   |
| Other income                                                                 |     |   20 |     |      |     707,911 |   |     |      |      48,273 |   |
| Operating profit                                                             |     |      |     |      |   2,986,972 |   |     |      |   2,567,583 |   |
| Finance expenses                                                             |     |