Company: COOT
Filing Date: 2025-05-09
Form Type: S-1/A
Source: 0001641172-25-009369
Chunk: 63

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-09
Form: S-1/A
Chunk 63
---
151,923 |     |   |    88,698 |     |   |    63,225 |   |     |     |     71.3 | %  |
| Labor costs             |     |                                      |   559,775 |     |   |   548,144 |     |   |    11,631 |   |     |     |      2.1 | %  |
| Repairs and maintenance |     |                                      |    40,430 |     |   |   111,142 |     |   |   (70,712 | ) |     |     |    (63.6 | )% |
| Total cost of sales     |     | $                                    | 9,199,857 |     | $ | 8,110,209 |     | $ | 1,089,648 |   |     |     |     13.4 | %  |

The cost of sales for the three months ended 31 December 2024 was AUD$9.2 million, an increase of AUD$1.1 million, or 13.4% as compared to the three months ended 31 December 2023. The primary reason for the increase was caused by cost of material (canola seed), Increase in cost of packaging material due to increase in retail sales, and labor cost increase during the quarter. 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.

General and administrative expenses

|                                     |     | Year Ended June 
 30,             |      2024 |     |   |      2023 |     |   | Change   |   |     |     | Change % |   |
|:------------------------------------|:----|:----------------|----------:|:----|:--|----------:|:----|:--|:---------|:--|:----|:----|---------:|:--|
| General and administrative expenses |     | $               | 3,224,843 |     | $ | 2,467,432 |     | $ | (757,411 | ) |     |     |     30.7 | % |

General and administrative expenses for the
year ended June 30, 2024, were AUD$3