Company: COOT
Filing Date: 2025-10-23
Form Type: 20-F
Source: 0001493152-25-019123
Chunk: 39

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-10-23
Form: 20-F
Item: Item 5
Chunk 39
---
 issuance of new warrants are part of the Arena securities purchase agreement.

Recapitalization
expense

                                Year Ended June 30,                                                                                   
                                2025                     2024                      Change                       Change %              
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Recapitalization expense      $                        $         23,210,293      $           (23,210,293                    (100.0  

Recapitalization
expense decreased, primarily due to recognition of recapitalization expense for the period ended June
30, 2024 at the close of the Business Combination.

Finance
expenses

                        Year Ended June 30,                                                                               
                        2025                                    2024                   Change                   Change %  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Finance expenses      $                        1,456,065      $         835,813      $           620,252                

Finance
expenses increased, primarily due to the fact that the Company began to utilize the AUD$8 m trade
facility provided by Commonwealth Bank of Australia to purchase canola oilseeds from the local farmers, the amortization of the convertible
note discount of AUD$0.27 million and the interest accrual on the promissory notes with American Physicians LLC.

Liquidity
and Capital Resources

As
of June 30, 2025, our principal sources of liquidity were drawdowns cash received
from customers and drawdown from trade finance facility.

We incurred a loss after income tax of AUD$1,462,610
for fiscal year 2025 (FY 2024- AUD$21,230,681). We were in a net current liability position of AUD$13,056,107 for the year ended 30 June
2025 (FY 2024-AUD$6,965,530). Net cash outflows from operating activities were AUD$966,511 for fiscal year 2025 (net cash inflows from
operating activities FY 2024- AUD$2,184,930).

The above factors raise substantial doubt about the Company’s ability to continue as a going concern unless
it can successfully meet the stated objectives and/or raise additional funds with its financiers and investors.

  26  

As
at 30 June 2025 and 2024, the consolidated entity had cash in hand and at bank of AUD$2,309,303 and