Company: COOT
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0001641172-25-013065
Chunk: 79

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-30
Form: 10-Q
Item: Item 2
Chunk 79
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 Accounting Standards financial measure may exclude expenses
and gains that may be unusual in nature, infrequent, or not reflective of our ongoing operating results.

The
non-IFRS Accounting Standards financial measure does not replace the presentation of our IFRS Accounting Standards financial measures
and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with IFRS Accounting
Standards.

We
consider Adjusted EBITDA to be an important indicator of the operational strength and performance of our business and a good measure
of our historical operating trends. Adjusted EBITDA eliminates items that we do not consider to be part of our core operations. We define
Adjusted EBITDA as IFRS Accounting Standards net loss excluding the following items: interest income; income taxes; depreciation and
amortization of tangible and intangible assets; unit and stock-based compensation; Business Combination transaction expenses; and other
non-recurring items that may arise from time to time.

The
non-IFRS Accounting Standards adjustments, and our basis for excluding them from our non-IFRS Accounting Standards financial measure,
are outlined below:

    ●
    Unit
    and Stock-based compensation – Although unit and stock-based compensation is an important aspect of the compensation paid
    to our employees, the grant date fair value varies based on the derived stock price at the 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-IFRS 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 IFRS Accounting Standards net profit to Adjusted EBITDA during the periods presented (in thousands):

    Nine
                                            Months Ended
                                                                 31
                                            March 2025  
    Nine
                                            Months Ended
                                                                 31
                                            March 2024 
  
    Net
    (Loss) Profit 
    $(1,597) 
    $2,422 
  
    Interest
    Expense 
    $1,280  
    $385 
  
    Depreciation
    and amortization 
    $312  
    $340 
  
    Adjusted
    EBITDA 
    $  
    $