Company: COOT
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0001641172-25-013065
Chunk: 42

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-30
Form: 10-Q
Item: Item 8
Chunk 42
---

oils and protein meals.

Cost
of sales

Cost
of sales consist of costs directly related to the manufacturing process of edible oils and protein meals. It includes the cost of materials
which mainly consist of the procurement cost of non-GMO canola seeds, canola seeds freight and storage cost from the suppliers, direct
labor in the factory plant, occupancy costs of energy consumption of manufacturing process, depreciation expense of the crushing plant
and relevant equipment and vehicles, and repairs and maintenance.

General
and Administrative expenses

General
and administrative expenses primarily consist of personnel expenses, professional fees, occupancy costs, depreciation expense, insurance
expense, management fees, office expenses, security expenses, travel expenses, staff training expenses, utilities expenses, and subscription
and dues expenses.

Sales
and marketing expenses

Sales
and marketing expenses primarily consist of sales directors’ salaries and supermarket promotion activities.

Other
income

Other
income primarily consists of fuel tax credit and recovery cost of freight and overdue interest.

Finance
expenses

Finance
expenses consist of interest paid related to bank loan and facility interest, related party loan interest and foreign exchange gain or
loss.

Change
in fair value of warrant liabilities

This
consists of the change in fair value of certain warrant liabilities.

Results
of Operations

The
following selected consolidated financial data are derived from the unaudited financial statements of the Company for the three and nine
months ended 31 March 2025 and 2024 and should be read in conjunction with our consolidated financial statements, the related notes and
the rest of the section of this Report entitled “Key Components of Consolidated Statements of Operations.” The historical
results are not necessarily indicative of the results of future operations.

26

Three
Months and Nine months Ended 31 March 2025 Compared to the Three Months and Nine months Ended 31 March 2024

The
following tables set forth our Consolidated Statements of Operations data for the periods presented:

    Note  
    THREE MONTHS ENDED
                                                                                MAR 2025  
    THREE MONTHS ENDED
                                                                                MAR 2024  
    NINE MONTHS ENDED
                                                                                MAR 2025  
    NINE MONTHS ENDED
                                                                                MAR 2024 

    AUD$  
    AUD$  
    AUD$  
    AUD$ 
  
    Sales
    revenue 
     12  
     9,430,228  
     6,295,851