Company: COOT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005620
Chunk: 66

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 2
Chunk 66
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3
    )%

General
and administrative expenses for the three months ended 30 September 2024 were AUD$0.8 million, a decrease of AUD$0.1 million, or 6.3%,
compared to the three months ended 30 September 2023. This decrease was primarily due to one off SEC filing cost of F4 invoiced during
the three months ended 30 September 2023..

Selling
and marketing expenses

    Three
    Months Ended 30 September

    2024

    2023

    Change

    Change
    %

    Selling
    and marketing expenses
     
    $
    199,345

    $
    68,873

    $
    130,472

    189.4
    %

Selling
and marketing expenses for the three months ended 30 September 2024 were AUD$0.2 million, an increase of AUD$0.1 million, or 189.4% compared
to the three months ended 30 September 2023. This increase was due to the Good Earth Oils Pty Ltd (“GEO”) sales team being
established and promotion cost incurred within supermarket chains to increase brand awareness of our chemical free no-GMO edible oils
within the consumer market.

Other
Income

    Three
    Months Ended 30 September

    2024

    2023

    Change

    Change
    %

    Other
    income
     
    $
    32,374

    $
    1,654

    $
    30,720

    1,857.3
    %

Other
income for the three months ended 30 September 2024 was AUD$0.032 million, an increase of AUD$0.03 million, or 1,857.3% compared to the
three months ended 30 September 2023. This increase was primarily due to recovery income from distributor due to damaged pack and interest
charge on overdue debt..

Finance
expenses

    Three
    Months Ended 30 September

    2024

    2023

    Change

    Change
    %

    Finance
    expenses
     
    $
    479,336

    $
    109,228

    $
    370,108

    338.8
    %

Finance
expenses increased by AUD$0.4 million or 338.8% to AUD$0