Company: COOT
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0001641172-25-013065
Chunk: 3

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-30
Form: 10-Q
Item: Item 8
Chunk 3
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4. The results of operations for the three
and nine months ended 31 March 2025 are not necessarily indicative of the results to be expected for the year ending 30 June 2025 or
for any other interim period or other future year. The following information should be read in conjunction with the audited consolidated
financial statements and notes thereto included in our Annual Report on Form 10-K/A for the fiscal year ended 30 June 2024.

(b)
Basis of consolidation

Australian
Oilseeds Holdings Ltd. is a Cayman Islands exempted company (the “Company,” “we,” “us” or “Australian
Oilseeds”) formed on December 29, 2022. The Company’s subsidiaries include Australian Oilseeds Investments Pty Ltd., an Australian
proprietary company; Good Earth Oils Pty Ltd. an Australian proprietary company; Cowcumbla Investments Pty Ltd., an Australian proprietary
company, which is 82.7% owned by the Company and which wholly owns Cootamundra Oilseeds Pty Ltd., which is incorporated in Australia;
and EDOC Acquisition Corp., a Cayman Islands exempted company.

The
Company’s financial statements comprise the financial statements of the Company and its subsidiaries as of June 30, each year.
Subsidiaries are consolidated from the date of their acquisition, being the date on which the Company obtains control, and continue to
be consolidated until the date that control ceases. The financial statements of subsidiaries are prepared for the same reporting year
as the parent Company, using consistent accounting policies. Intra-company balances and transactions, including unrealized profits arising
from intra-company transactions, have been eliminated. Unrealized losses are eliminated unless the transaction provides evidence of an
impairment of the asset transferred. Non-controlling interests represent the equity in subsidiaries that is not attributable, directly
or indirectly, to the Parent shareholders.

Details
of subsidiaries as of 31 March 2025 and 30 June 2024 were as follows:

 Schedule of Subsidiaries

    Subsidiaries 
    % of legal ownership
                                                                                31 Mar 2025  
    % of legal ownership
                                                                                30 Jun 2024  
    Country of Incorporation 
    Principal
                                                                   business activities
  
    Australian Oilseeds Pty Ltd. 
     100% 
     100% 
    Australia 
    Investment

    Cootamundra Oilseeds Pty Ltd. 
     82.7%