Company: COOT
Filing Date: 2025-05-09
Form Type: S-1/A
Source: 0001641172-25-009369
Chunk: 198

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-09
Form: S-1/A
Chunk 198
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 draw down an additional US$ 6million of redeemable debentures from the existing PIPE investors or executing a US$ 50million equity line of credit (ELOC) once the Company lodges the registration statement of the ELOC.

Accordingly, the directors have prepared the financial statements on a going concern basis which contemplates continuity of normal activities and realization of assets and settlement of liabilities in the normal course of business.

Should the Company be unable to obtain funding from banks or other financiers, PIPE investors or fail to execute the ELOC, the Company may be required to realize its assets and discharge its liabilities other than in normal course of business and at amounts different to those stated in these financial statements. The financial statements do not include any adjustments to the recoverability and classification of asset carrying amounts or amounts of liabilities that might result should the Company be unable to continue as a going concern.

(d) Financial instruments

Financial instruments are recognised initially on the date that the Company becomes party to the contractual provisions of the instrument.

On initial recognition, all financial instruments are measured at fair value plus transaction costs (except for instruments measured at fair value through profit or loss where transaction costs are expensed as incurred).

Concentration of Key Customers

A substantial portion of the Company’s products are sold to its top five customers. For the three months ending 31 December 2024 and 2023, 74.9% and 71.4%, respectively, of total sales by the Company were to its top five customers.

Schedule of Total Sales From Each Customer

|                                                  |     | Unaudited Total Sales for 
 The Three Months Ended    |           |     | Unaudited Total Sales for 
 The Six Months Ended      |           |     | Outstanding  Balance of Trade Receivables as at |           |
|                                                  |     | 31 December 2024          |           |     | 31 December 2024          |           |     | 31 December 2024                                |           |
| Customer                                         |     | AUD$                      |           |     | AUD$                      |           |     | AUD$                                            |           |
| Costco Wholesale Australia                       |     |                           | 2,541,792 |     |                           | 6,642,864 |     |                                                 |   745,008 |
| Energreen Nutrition Australia Pty Ltd.           |     |                           | 1,850,156 |     |                           | 3,117,863 |     |                                                 | 1,474