Company: COOT
Filing Date: 2025-05-14
Form Type: S-1/A
Source: 0001641172-25-010068
Chunk: 63

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-14
Form: S-1/A
Chunk 63
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. As the Company focused on developing the retail market during the current quarter of 2024, the whole sales proportion became smaller than last year quarter. High protein meals for the feed industry represented 27.3% of our revenue for the three months ended 31 December 2024, compared to 32.8% for the three months ended 31 December 2023, and decreased AUD$0.4 million as compared to the prior period. The primary driver for the revenue decrease in high protein meals for the three months ended 31 December 2024, compared to the previous period was a decrease of sales price of protein meal due to Australia experiencing good rainfall year caused less demand of protein meal in feedlot market.

Other sales represent a small portion of our revenue and represented 0.4% of the revenue for the three months ended 31 December 2024, compared to 1.2% for the three months ended 31 December 2023, a decrease of AUD$0.08 million for the three months ended 31 December 2024, as compared to the three months ended 31 December 2023.

Wholesale oils represented 21.3% of our revenue
for the six months ended 31 December 2024, compared to 31.5% for the six months ended 31 December 2023, and decreased AUD$1.7 million,
as compared to the prior year. Retail oils represented 52.4% of our revenue for the six months ended 31 December 2024, compared to 35.9%
for the six months ended 31 December 2023, and increased AUD$3.8 million, as compared to the prior period. The primary driver for the
revenue increase in retail oils for the six months ended 31 December 2024 compared to the previous period was due to the Company securing
three supply contracts to supply 15 Costco Australia stores, 1,050 Woolworth Supermarkets national stores and 850 Coles supermarket stores
throughout Australia. The Company also developed four new SKU to target the retail consumers from 2024 through integrated marketing campaign
with the supermarkets.

| 35 |

Cost of Sales

|                         |     | Year Ended June 30, |       2024 |     |   |       2023 |     |   |     Change |   |     |     | Change % |    |
|:------------------------|:----|:--------------------|-----------:|:----|