Company: COOT
Filing Date: 2025-03-31
Form Type: 10-Q
Source: 0001641172-25-001552
Chunk: 5

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-03-31
Form: 10-Q
Item: Item 2
Chunk 5
---

Sales
and marketing expenses primarily consist of sales directors’ salaries and supermarket promotion activities.

Other
income

Other
income primarily consists of fuel tax credit and recovery cost of freight and overdue interest.

Finance
expenses

Finance
expenses consist of interest paid related to bank loan and facility interest, related party loan interest and foreign exchange gain or
loss.

Change
in fair value of warrant liabilities

This
consists of the change in fair value of certain warrant liabilities.

Results
of Operations

The
following selected consolidated financial data are derived from the unaudited financial statements of the Company for the three months
ended 31 December 2024 and 2023 and should be read in conjunction with our consolidated financial statements, the related notes and the
rest of the section of this Report entitled “Key Components of Consolidated Statements of Operations.” The historical results
are not necessarily indicative of the results of future operations.

26

Three
Months Ended 31 December 2024 Compared to the Three Months Ended 31 December 2023

The
following tables set forth our Consolidated Statements of Operations data for the periods presented:

    2024  
    2023  
    Change  
    % 

     AUD$  
     AUD$  

    Sales revenue 
     10,404,851  
     9,952,463  
     452,388  
     4.5%
  
    Cost of sales 
     (9,199,857) 
     (8,110,209) 
     (1,089,648) 
     13.4%
  
    Gross profit 
     1,204,994  
     1,842,254  
     (637,260) 
     (34.6)%
  
    General and administrative expenses 
     (1,141,438) 
     (613,336) 
     (528,102) 
     86.1%
  
    Selling and marketing expenses 
     (85,189) 
     (186,332) 
     101,143  
     (54.3)%
  
    Other income 
     31,155  
     41,173  
     (10,018) 
     (24.3)%
  
    Operating (loss)/profit 
     9,522  
     1,083,759