Company: COOT
Filing Date: 2025-05-14
Form Type: S-1/A
Source: 0001641172-25-010068
Chunk: 155

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-14
Form: S-1/A
Chunk 155
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 outcome of this uncertainty.

(c) Revenue and other income

Revenue from contracts with customers

The core principle of IFRS 15 is that revenue is recognised on a basis that reflects the transfer of promised goods or services to customers at an amount that reflects the consideration the Company expects to receive in exchange for those goods or services. Revenue is recognised by applying a five-step model as follows:

| 1. | Identify                                                                  
 the contract with the customer                                            |
| 2. | Identify                                                                  
 the performance obligations                                               |
| 3. | Determine                                                                 
 the transaction price                                                     |
| 4. | Allocate                                                                  
 the transaction price to the performance obligations                      |
| 5. | Recognise                                                                 
 revenue as and when control of the performance obligations is transferred |

Generally, revenue is recognized at a point in time where the ownership, benefits and risks of goods are transferred to the customers.

None of the revenue streams of the Company have any significant financing terms as there are less than 12 months between receipt of funds and satisfaction of performance obligations.

Variable consideration within the transaction price, if any, reflects concessions provided to the customer such as discounts, rebates and refunds, any potential bonuses receivable from the customer and any other contingent events. Such estimates are determined using either the ‘expected value’ or ‘most likely amount’ method. The measurement of variable consideration is subject to a constraining principle whereby revenue will only be recognised to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognised will not occur. The measurement constraint continues until the uncertainty associated with the variable consideration is subsequently resolved. Amounts received that are subject to the constraining principle are recognised as a refund liability.

There is no multiple performance obligations in a contract and the sales is recognized at the point in time of delivery goods to customers.

Specific revenue streams

The revenue recognition policies for the principal revenue streams of the Company include the following items.

Retail revenue

Revenue from sales made to retail customers who
are the supermarket chain is recognized when control of the goods has transferred, being the point in time when 1) the goods have
been shipped to and accepted by the retail customers (i.e., the supermarket distribution center or their local warehouses) and
2) the retail customer has full discretion over the subsequent distribution of the goods and the price at which the goods are sold. Based
on the terms of the contract, at the time the goods are delivered to the retail customers, they will check the specification and quality
of the products