Company: COOT
Filing Date: 2025-03-31
Form Type: 10-Q
Source: 0001641172-25-001552
Chunk: 14

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-03-31
Form: 10-Q
Item: Item 2
Chunk 14
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 time of grant, varying valuation methodologies,
    subjective assumptions, and the variety of award types. This makes the comparison of our current financial results to previous and
    future periods difficult to interpret; therefore, we believe it is useful to exclude unit and stock-based compensation from our non-
    International Accounting Standards financial measures to highlight the performance of our business and to be consistent with the
    way many investors evaluate our performance and compare our operating results to peer companies.

The
following table reconciles International Accounting Standards net profit to Adjusted EBITDA during the periods presented (in thousands):

    Six Months Ended 31 December 2024  
    Six Months Ended 31 December 2023 
  
    Net (Loss) Profit 
    $(966,665) 
    $2,380,919 
  
    Interest Expense 
    $809,190  
    $222,599 
  
    Depreciation and amortization 
    $195,768  
    $205,254 
  
    Adjusted EBITDA 
    $38,293  
    $2,808,772 

Contractual
Obligations and Commitments and Liquidity Outlook

Our
ability to continue as a going concern is dependent upon our ability to generate cashflows from operations, which projected to XXX net
profit before tax from January 2025 to December 2025, and draw down additional long-term debt from the senior debt provider, Commonwealth
Bank of Australia, who has provided a total facility loan of AUD$14,000,000 with unused facilities as at 31 December 2024 of AUD$6,028,897and
draw down an additional US$6 million of redeemable debentures from the existing PIPE investors or the executed US$50 million equity line
of credit (ELOC) once the Company lodges the registration statement of the ELOC. The Company has determined that the Company’s
sources of liquidity will be sufficient to meet the Company’s financing requirements for the one year period from the issuance
of its consolidated financial statements but there can no assurance these sources are sufficient to fund our capital expenditures, working
capital and other cash requirements in the long term. There can be no assurance that the steps management is taking will be successful.

Our
future capital requirements will also depend on additional factors, including our growth rate, the timing and extent of spending to support
research and development efforts, the expansion of sales and marketing activities, the introduction of new and enhanced product and