Company: COOT
Filing Date: 2025-03-31
Form Type: 10-Q
Source: 0001641172-25-001552
Chunk: 13

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-03-31
Form: 10-Q
Item: Item 2
Chunk 13
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 the related party loans AUD$ 5,629,458, offset by AUD$1,992,041 payment of secured borrowings.

Non-
International Accounting Standards Financial Measure

In
addition to providing financial measurements based on International Accounting Standards, we provide an additional financial metric that
is not prepared in accordance with International Accounting Standards, or non- International Accounting Standards financial measure.
We use this non- International Accounting Standards financial measure, in addition to International Accounting Standards financial measures,
to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and
forecasting purposes, to measure executive compensation, and to evaluate our financial performance. This non- International Accounting
Standards financial measure is Adjusted EBITDA, as discussed below.

We
believe that this non- International Accounting Standards financial measure reflects our ongoing business in a manner that allows for
meaningful comparisons and analysis of trends in the business, as it facilitates comparing financial results across accounting periods
and to those of peer companies. We also believe that this non- International Accounting Standards financial measure enables investors
to evaluate our operating results and future prospects in the same manner as we do. This non- International Accounting Standards financial
measure may exclude expenses and gains that may be unusual in nature, infrequent, or not reflective of our ongoing operating results.

The
non- International Accounting Standards financial measure does not replace the presentation of our International Accounting Standards
financial measures and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance
with International Accounting Standards.

We
consider Adjusted EBITDA to be an important indicator of the operational strength and performance of our business and a good measure
of our historical operating trends. Adjusted EBITDA eliminates items that we do not consider to be part of our core operations. We define
Adjusted EBITDA as International Accounting Standards net loss excluding the following items: interest income; income taxes; depreciation
and amortization of tangible and intangible assets; unit and stock-based compensation; Business Combination transaction expenses; and
other non-recurring items that may arise from time to time.

The
non- International Accounting Standards adjustments, and our basis for excluding them from our non- International Accounting Standards
financial measure, are outlined below:

    ●
    Unit
    and Stock-based compensation – Although unit and stock-based compensation is an important aspect of the compensation paid
    to our employees, the grant date fair value varies based on the derived stock price at the