Company: COOT
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0001641172-25-013065
Chunk: 76

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-30
Form: 10-Q
Item: Item 2
Chunk 76
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undra Oilseeds factory plant, the amortization of the convertible
note discount of AUD$0.1 million and the interest accrual on utilization of trade finance facility from Commonwealth Bank of Australia.

    Nine
    Months Ended 31 March (AUD) 

    2025  
    2024  
    Change  
    Change
    % 

    Finance
    expenses 
    $1,280,428  
    $384,859  
    $895,569  
     232.7%

Finance
expenses increased by AUD$0.9 million or 232.7% to AUD$1.2 million for the nine months ended 31 March 2025 compared to AUD$0.4 million
for the nine months ended on 31 March 2024, primarily due increased Interest expenses AUD$0.4 million to the fact that the Company began
to repay the AUD$4 million asset finance provided by Commonwealth Bank of Australia to expand the existing Cootamundra Oilseeds factory
plant, the amortization of the convertible note discount of AUD$0.4 million.

30

Liquidity
and Capital Resources

As
of 31 March 2025, our principal sources of liquidity were net proceeds received related to the Business Combination and cash received
from customers.

The
Company incurred a loss after income tax for the 3 months ended 31 March 2025 of AUD$630,633 (31 March 2024: Profit AUD$41,185) and for
nine months ended 31 March 2025 a loss of AUD$1,597,298 (31 March 2024: Profit AUD$2,422,104). The Company was in a net current liability
position of AUD$9,622,311 as of 31 March 2025 (30 June 2024: AUD$6,965,530). Net cash outflow from operating activities was AUD$1,942,969
for the nine months ended 31 March 2025 (31 March 2024: AUD$1,259,485).

As
at 31 March 2025 and 30 June 2024, the consolidated entity had cash in hand and at bank of AUD$1,435,123 and AUD$514,140, respectively.

The
financial statements have been prepared on a going-concern basis, which contemplates continuity of normal activities and realization
of assets and settlement of liabilities in