Financial Performance - Sales revenue increased by AUD$0.6 million or 6.1% to AUD$10.3 million for the three-month period ended on 30 September 2024, compared to AUD$9.7 million for the same period in 2023, primarily due to increased demand for cold pressed canola oil [167]. - Cost of sales rose by AUD$2.2 million or 30.7% to AUD$9.5 million in Q3 2024, compared to AUD$7.3 million in Q3 2023, impacting gross profit which decreased by 66.4% to AUD$830,380 [166]. - Operating loss for the three months ended 30 September 2024 was AUD$166,997, a significant decline from a profit of AUD$1,519,759 in the same period of 2023, representing a 111.0% change [166]. - The total comprehensive loss for the year was AUD$646,333, a decrease of AUD$2,056,864 or 145.8% compared to a profit of AUD$1,410,531 in the previous year [166]. - The company incurred a loss after income tax of AUD$646,333 for the three months ended 30 September 2024, compared to a profit of AUD$1,410,531 in the same period in 2023 [177]. - Adjusted EBITDA for the three months ended 30 September 2024 was $(244,693), a significant decrease from $1,702,720 in the prior year [192]. - Revenue from product sales increased by AUD$0.5 million or 6.1% to AUD$10.3 million for the three months ended 30 September 2024, up from AUD$9.7 million in the same period of 2023 [199]. Expenses - General and administrative expenses decreased by AUD$55,397 or 6.3% to AUD$830,406 in Q3 2024, while selling and marketing expenses surged by 189.4% to AUD$199,345 [166]. - Selling and marketing expenses surged by AUD$199,345 or 189.4% to AUD$68,873, attributed to the establishment of the Good Earth Oils sales team and promotional costs [173]. - Finance expenses increased by AUD$370,108 or 338.8% to AUD$479,336 in Q3 2024, compared to AUD$109,228 in Q3 2023 [166]. - Finance expenses increased significantly by AUD$370,108 or 338.8% to AUD$479,336, mainly due to repayments on asset finance and interest accruals [175]. - Cost of sales increased by AUD$2,232,794 or 30.7% to AUD$9,498,485 for the three months ended 30 September 2024, primarily due to rising material and labor costs [171]. Cash Flow and Liquidity - Net cash inflows from operating activities were AUD$588,341 for the three months ended 30 September 2024, a significant improvement from net outflows of AUD$1,537,163 in the prior year [177]. - The company had cash in hand and at bank of AUD$2,127,738 as of 30 September 2024, up from AUD$514,140 as of 30 June 2024 [178]. - The company has access to an unused facility loan of AUD$8,000,000 from Commonwealth Bank of Australia as of 30 September 2024, which supports its liquidity position [181]. - Cash and cash equivalents totaled AUD$2,127,738 as of 30 September 2024, an increase from AUD$514,140 as of 30 June 2024 [209]. - The company has determined that its sources of liquidity will be sufficient to meet financing requirements for the next year, but long-term funding remains uncertain [193]. Business Developments - The business combination with EDOC Acquisition Corp. was completed on March 21, 2024, resulting in EDOC becoming a wholly-owned subsidiary of the Company [151]. - The Company issued an aggregate of 840,891 ordinary shares to vendors and service providers as part of the business combination transaction expenses [153]. - The Company commenced trading on the Nasdaq under the ticker symbols "COOT" and "COOTW" on March 22, 2024, following the completion of the business combination [156]. - The company has authorized 555,000,000 shares, including 500,000,000 Class A Ordinary Shares, reflecting its capital structure post-business combination [200]. Revenue Composition - Total revenues for the three months ended 30 September 2024 were AUD$10,328,865, an increase of AUD$590,393 or 6.1% compared to AUD$9,738,472 in the same period of 2023 [169]. - Retail oils revenue increased by AUD$2,137,438 or 59.9%, representing 55.2% of total revenue for the three months ended 30 September 2024, compared to 36.6% in the prior year [169]. Risk and Concentration - Three customers accounted for 60.7% of the company's accounts receivable balance as of 30 June 2024, indicating a concentration of credit risk [214]. Future Projections - The company projects a net profit before tax of AUD$2.5 million for the year 2025, contingent on operational cash flows and additional long-term debt [193].

Financial Performance - Sales revenue increased by 6.1% to A$10.4 million, driven by strong demand for cold pressed canola oil [5] - Retail oil revenue surged by 59.9% to A$5.7 million due to expanded distribution in major Australian retailers and the introduction of new SKUs [5] - The company reported a net loss of A$0.6 million, a decline from a net income of A$1.4 million, attributed to changes in sales mix and the timing of planned investments in branding and marketing [5] - Cash flow from operations improved to A$0.6 million, compared to a cash outflow of A$1.5 million in the previous period [5] Business Strategy - The company experienced strong growth in its retail oils business, primarily due to expanded distribution in Costco and Woolworths [3] - The introduction of three new SKUs was supported by focused marketing campaigns across key retail partners [3] - The company remains committed to eliminating chemicals from edible oil production and manufacturing systems, aiming to supply quality products globally [3] Industry Position - Australian Oilseeds Investments Pty Ltd. focuses on the manufacture and sale of sustainable oilseeds, emphasizing non-GMO and organic food-grade oils [3] - The company has developed the largest cold pressing oil plant in Australia, processing strictly GMO-free conventional and organic oilseeds [3]

Core Insights - Australian Oilseeds Holdings Limited has expanded the distribution of its premium cold pressed oils at Woolworths, a major Australian retailer with over 1,000 locations [1][2] - The company offers four SKUs of cold pressed GEO Extra Virgin Non-GMO Canola oil and GEO Non-GMO Extra Virgin Vegetable oil in pack sizes ranging from 750ml to 4L [1] - The CEO emphasized the company's commitment to sustainable and locally sourced oils, aiming to reduce chemical use in farming and food production [2] Company Overview - Australian Oilseeds Investments Pty Ltd focuses on the manufacture and sale of sustainable oilseeds and is committed to eliminating chemicals from production systems [3] - The company processes and sells non-GMO oilseeds and organic/non-organic food-grade oils, targeting the growing oilseeds market [3] - Over the past 20 years, the company's cold pressing oil plant has become the largest in Australia, specializing in GMO-free conventional and organic oilseeds [3] Strategic Initiatives - The partnership with Woolworths is part of the company's strategic initiatives to enhance market access and accelerate growth [2] - The company is also in discussions with other retail chains in Australia and the United States to supply its non-GMO cold pressed extra virgin vegetable oils [2]

Company Overview - Australian Oilseeds Holdings Limited is a Cayman Islands exempted company focused on the manufacture and sale of sustainable oilseeds and non-GMO oils [3] - The company operates the largest cold pressing oil plant in Australia, specializing in GMO-free conventional and organic oilseeds [3] Partnership Announcement - The company announced a partnership with Shanghai Maiwei Trading Co., Ltd for the sales, marketing, and distribution of its GEO brand in China [1] - Shanghai Maiwei will manage all GEO branding activities in China, with teams located in Shanghai, Shenzhen, and Hebei [2] Product Offering - The GEO brand includes a premium range of Australian cold-pressed, non-GMO canola oil and olive oil [2] - The demand for "chemical-free" canola and olive oil in China is increasing due to rising consumer awareness of healthier food options and the growing middle class with higher purchasing power [2] Market Potential - The partnership is seen as a significant step in introducing high-quality Australian oils to Chinese consumers, leveraging the partner's established market presence and regional expertise [3] - The growing middle class in China is driving demand for premium oils, indicating a strong potential market for the GEO brand [2][3]

Market Overview - The global oilseeds market was valued at $264.87 billion in 2022 and is projected to grow to $340.44 billion by 2026, with a CAGR of 5.7%[59] - The global oilseed market is expected to be valued at approximately $373.32 billion by 2033, growing at a CAGR of 4.13% from 2024 to 2033[70] - The Asia Pacific oilseed market was valued at USD$87.46 billion in 2023 and is projected to grow at a CAGR of 37.7%, reaching approximately USD$140.38 billion by 2033[74] - The global non-GMO food market size was USD$740.65 billion in 2023, with projections to grow to USD$2,003.68 billion by 2032, reflecting a CAGR of 11.94%[76] - The soybeans segment accounted for over 59.14% of global revenue share in 2023, driven by increased consumption and production in key regions like Brazil and Argentina[73] Company Expansion and Capacity - The Company plans to expand its cold-pressing capacity from 40,000 metric tons to 80,000 metric tons per annum to meet increasing global demand for sustainable products[62] - The Company has established a multi-seed crushing plant in Emerald, Queensland, with a projected capacity of 80,000 metric tons per annum by the end of 2023[62] - The Company plans to expand its cold-pressing capacity from 33,000 metric tons to 80,000 metric tons per annum through a new facility in Queensland[82] - The new multi-oilseed crushing plant in Queensland is expected to have a capacity of 200 tons per day and will produce edible oil feedstocks and bio-diesel feedstock[108] - The construction of the new plant in Queensland is projected to cost AUD$25 million, with government support of AUD$5 million in incentives and tax credits[109] - The Company aims to develop a $1 billion oilseed processing industry in Queensland, similar to existing operations in New South Wales and Victoria, which contribute between $5 billion and $7 billion annually to their economies[113] - The Cootamundra facility has a processing capacity of over 33,000 metric tons per annum, and the total capacity between the Cootamundra and the new Queensland facility is expected to be approximately 160,000 metric tons, four times the current capacity[210] Sustainability and Sourcing - The Company is committed to sourcing oilseeds from farmers practicing sustainable and organic farming methods, contrasting with traditional agriculture practices[47] - The Company has exclusive supply agreements with Good Earth Growers, the first certified "Chemical Free Farmers" in Australia, to ensure chemical-free oilseed supply[47] - The Company aims to become carbon neutral and has implemented renewable solar energy at its processing plant, abating 42.2 metric tons of CO2 per month[86] - The Company is focusing on expanding its market presence in non-GMO and chemical-free food graded oil and protein materials to meet rising international demand[99] - The Company is developing sustainable and chemical-free products and does not currently anticipate material impacts from climate-related legislation[202] Financial Performance - The Company generated approximately 85% of its total revenue from cold pressed vegetable oils in fiscal year 2023, with a revenue increase of AUD$4.79 million or 16% to AUD$33.73 million for the year ended June 30, 2024[89] - For fiscal years June 30, 2024 and 2023, approximately 85% and 89% of total revenue was derived from the sale of cold pressed vegetable oils, with the remainder from vegetable protein meals[187] - Approximately 98% and 89% of total revenue for fiscal years 2023 and 2022, respectively, was derived from the sale of cold-pressed vegetable oils and its product meal cake[213] - The Company’s top five customers accounted for 64.8% of total sales for the year ended June 30, 2024, with the top three customers representing 49.4% of total sales[90] - The supply agreement with Costco Australia is projected to generate approximately AUD$3.2 million in sales through mid-December 2024[92] Legal and Corporate Developments - The business combination between Australian Oilseeds Holdings Limited and EDOC Acquisition Corp was completed on March 21, 2024, resulting in EDOC becoming a wholly owned subsidiary of the Company[132] - A total of 23,224,102 Ordinary Shares were issued and outstanding as of the Closing Date, with approximately 17,088,324 Ordinary Shares (or approximately 73.6%) subject to lock-up agreements[138] - The Company issued an aggregate of 840,891 Company Ordinary Shares to vendors and service providers as part of the business combination transaction expenses[134] - The business combination was unanimously approved by the board of directors of EDOC and by shareholders at a special meeting held on March 6, 2024[137] - The Company acquired all issued and outstanding ordinary shares of Australian Oilseeds Investments Pty Ltd in exchange for Company Ordinary Shares on a one-for-one basis[132] Risks and Challenges - The Company is significantly dependent on contracts with local and regional farmers for oilseeds, and loss of these contracts could materially affect business and revenue[190] - The Company faces risks related to global, federal, state, and local regulations that could materially and adversely affect its business and financial condition[194] - The Company is vulnerable to market changes affecting oil seeds, which could negatively impact product margins and overall financial performance[188] - The Company relies on a small group of customers for a material concentration of revenue, and loss of any of these customers could adversely impact cash flows[192] - The company is subject to potential price controls on its vegetable oils, which could significantly reduce revenue and profitability if implemented[226] - Adverse publicity regarding product safety and quality could negatively impact the company's reputation and sales[229][231] - The company faces risks related to the development of new products, which may strain resources and affect financial performance if unsuccessful[232] - Operations may be disrupted due to maintenance or unforeseen events, potentially affecting production capabilities[234] - Geopolitical risks could impact the company's international operations and supply chain, affecting sales and financial condition[239] Employee and Corporate Governance - The Company has 21 full-time employees and 15 full-time equivalent contractors, indicating a cooperative relationship with its workforce[105] - The company has approximately 21 employees as of June 30, 2024, including 7 full-time equivalent contractors[152] - The company qualifies as an emerging growth company with revenues below $1.235 billion in the last fiscal year, allowing it to take advantage of reduced reporting requirements[157] - The Company entered into employment agreements with two executive officers, providing Gary Seaton with an annual salary of $150,000 and Bob Wu with an annual salary of $100,000[142][143] Compliance and Reporting - The company received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement of $1 per share, with a compliance period until February 24, 2025[164][165] - The company has not paid any cash dividends to date and does not anticipate doing so in the foreseeable future, focusing instead on business development and expansion[175] - The company may rely on exemptions from various reporting requirements under the JOBS Act, which could make its Ordinary Shares less attractive to investors[179] - The concentrated voting power of principal shareholders may delay or prevent significant corporate actions, including acquisitions[170] - The company may face substantial costs and management distractions if subjected to securities class action litigation, which is common in the health technology sector[171] - Future sales of substantial amounts of Ordinary Shares could adversely affect the market price of the shares[176] Innovation and Technology - The Company utilizes cold pressing methods to retain nutritional values and healthy omega fatty acids in its products, with processing temperatures below 50 degrees Celsius[48] - The Company is focused on innovation and expanding its distribution network to promote its non-GMO food-grade oils and protein meals[104] - The company has implemented various cybersecurity measures to protect sensitive data, but risks of data breaches remain[236][238]

Financial Position - As of June 30, 2023, the company reported cash and cash equivalents of USD $124,730[22] - Total equity amounted to USD $46,845, with retained earnings showing a deficit of USD $(21,062,534)[22] - The company has no material assets other than its equity interests in wholly owned subsidiaries[25] - The consolidated financial statements for the period from October 14, 2022, to June 30, 2023, have been audited by BF Borgers CPA PC[65] Share Structure - The company has 23,224,102 Ordinary Shares issued and outstanding, with 58.4% owned by CEO Gary Seaton[41] - Approximately 73.6% of the total issued and outstanding Ordinary Shares are subject to a lock-up period following the Business Combination[48] - The Company has 23,224,102 Ordinary Shares issued and outstanding as of March 27, 2024, following the completion of the Business Combination[55] - The Company is authorized to issue 550,000,000 ordinary shares and 5,000,000 preference shares, each with a par value of $0.001[54] Warrants and Dividends - There are 9,000,000 Public Warrants outstanding, each exercisable to purchase one Ordinary Share at an exercise price of $11.50 per share[50] - The Public Warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation[50] - The Company issued private placement warrants granting the right to purchase 239,000 Ordinary Shares at an exercise price of $10.00 per share, expiring five years after the Business Combination[56] - The Company has not paid any dividends to its shareholders and intends to retain earnings for business operations[62] - The company intends to retain earnings for business operations and does not anticipate declaring dividends in the foreseeable future[45] Business Combination - The business combination was completed on December 29, 2022, marking a significant development in the company's history[24] - The Escrow Shares, amounting to 15% of the estimated Exchange Consideration, will be held for 12 months post-Closing for potential purchase price adjustments and indemnification claims[49] Legal and Compliance - The company does not currently face any legal proceedings that would materially affect its financial condition[44] - The Company must maintain at least 400 unrestricted round lot shareholders to comply with Nasdaq listing requirements[52] Executive Compensation - The executive compensation program aims to align compensation with business objectives and shareholder value creation[31]