Company: COOT
Filing Date: 2025-05-09
Form Type: S-1/A
Source: 0001641172-25-009369
Chunk: 62

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-09
Form: S-1/A
Chunk 62
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     |     |    (59.4 | )% |
| Total cost of sales     |     | $                   | 27,810,782 |     | $ | 24,062,603 |     | $ |  3,748,179 |   |     |     |     15.6 | %  |

The cost of sales for the year ended June 30,
2024 was AUD$27.8 million, an increase of AUD$3.7 million, or 15.6% as compared to the year ended June 30, 2023. The primary reason for
the increase was in line with the increase in product sales. The cost component changed as a result of recognizing cost of finished goods
when the oil products were sold in the retail market. The decrease gross margin was mainly due to the development of “Good Earth
Oils” branding products in the retail market with support of strong marketing campaign.

|                         |     | Three Months Ended 31 December (AUD) |      2024 |     |   |      2023 |     |   |    Change |   |     |     | Change % |    |
|:------------------------|:----|:-------------------------------------|----------:|:----|:--|----------:|:----|:--|----------:|:--|:----|:----|---------:|:---|
| Cost of material        |     | $                                    | 5,401,859 |     | $ | 5,016,145 |     | $ |   385,715 |   |     |     |      7.7 | %  |
| Cost of finished goods  |     |                                      | 2,189,181 |     |   | 1,745,113 |     |   |   444,068 |   |     |     |     25.4 | %  |
| Freight and storage     |     |                                      |   772,866 |     |   |   521,170 |     |   |   251,696 |   |     |     |     48.3 | %  |
| Depreciation            |     |                                      |    83,823 |     |   |    79,797 |     |   |     4,026 |   |     |     |      5.0 | %  |
| Occupancy costs         |     |                                      |