Company: COOT
Filing Date: 2025-12-22
Form Type: F-1/A
Source: 0001493152-25-028698
Chunk: 103

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-12-22
Form: F-1/A
Chunk 103
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230,681
and 2023: Profit AUD$1,844,970).
The Company was in a net current liability position of AUD$13,056,107
as at 30 June 2025 (2024: AUD$6,965,530
and 2023: AUD$678,768).
Net cash inflows from operating activities were AUD$966,511
for fiscal year 2025, (2024 outflow: AUD$2,184,930
and 2023 outflow: AUD$689,796).

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.

As at 30 June 2025, 2024, 2023, the consolidated entity had cash in hand and at bank of AUD$ 2,309,303, AUD$ 514,140, and AUD$ 121,273, respectively.

As at 30 June 2025, while all banking
covenants associated with the borrowings from the Commonwealth Bank of Australia were in compliance, the bank did not confirm or deny, if the company met all its covenants. Nonetheless, the company has disclosed
all bank borrowings as current, pending confirmation of compliance from bank. There are two covenants, as
follows:

| ● | The                                                                                                           
 interest cover ratio in respect of the obligor must for each reporting period be no less than 2.50 times; and |
| ● | The                                                                                                           
 net working capital ratio must at all times be more than 80%.                                                 |

The Company’s ability to continue its business activities as a going concern is dependent upon the Company deriving sufficient cash from the business operation and being able to draw down additional long-term debt from the senior debt provider, Commonwealth Bank of Australia (CBA), who has provided a total facility loan of AUD$ 14,000,000with unused facilities as at 30 June 2025 of AUD$ 6,780,934which is repayable on demand (refer note-11). In addition, the Company also has the ability to 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 financial statements on a going