Company: COOT
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0001641172-25-013065
Chunk: 51

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-30
Form: 10-Q
Item: Item 8
Chunk 51
---
expenses

    Three
    Months Ended 31 March (AUD) 

    2025  
    2024  
    Change  
    Change
    % 

    Finance
    expenses 
    $471,238  
    $162,260  
    $308,978  
     190.4%

Finance
expenses increased by AUD$0.3 million or 190.4% to AUD$0.5 million for the three months ended 31 March 2025 compared to AUD$0.1 million
for the three months ended on 31 March 2024, primarily due to the fact that the Company began to repay the AUD$4 million asset finance
provided by Commonwealth Bank of Australia to expand the existing Cootamundra Oilseeds factory plant, the amortization of the convertible
note discount of AUD$0.1 million and the interest accrual on utilization of trade finance facility from Commonwealth Bank of Australia.

    Nine
    Months Ended 31 March (AUD) 

    2025  
    2024  
    Change  
    Change
    % 

    Finance
    expenses 
    $1,280,428  
    $384,859  
    $895,569  
     232.7%

Finance
expenses increased by AUD$0.9 million or 232.7% to AUD$1.2 million for the nine months ended 31 March 2025 compared to AUD$0.4 million
for the nine months ended on 31 March 2024, primarily due increased Interest expenses AUD$0.4 million to the fact that the Company began
to repay the AUD$4 million asset finance provided by Commonwealth Bank of Australia to expand the existing Cootamundra Oilseeds factory
plant, the amortization of the convertible note discount of AUD$0.4 million.

30

Liquidity
and Capital Resources

As
of 31 March 2025, our principal sources of liquidity were net proceeds received related to the Business Combination and cash received
from customers.

The
Company incurred a loss after income tax for the 3 months ended 31 March 2025 of AUD$630,633 (31 March 2024: Profit AUD$41,185) and for
nine months ended 31 March 2025 a loss of AUD$1,597,298 (31 March 2024: Profit AUD$2,422