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Australian Oilseeds Holdings Limited(COOT) - 2025 Q1 - Quarterly Report
COOTAustralian Oilseeds Holdings Limited(COOT)2025-05-30 20:42

Financial Performance - Sales revenue increased by AUD3.1millionor49.83.1 million or 49.8% to AUD9.4 million for the three-month period ended on 31 March 2025, compared to AUD6.3millionforthesameperiodin2024[182].−Grossprofitforthethreemonthsended31March2025wasAUD6.3 million for the same period in 2024[182]. - Gross profit for the three months ended 31 March 2025 was AUD565,575, a decrease from AUD603,441inthesameperiodof2024[181].−Operatinglossforthethreemonthsended31March2025wasAUD603,441 in the same period of 2024[181]. - Operating loss for the three months ended 31 March 2025 was AUD110,301, compared to an operating profit of AUD203,445forthesameperiodin2024[181].−ThecompanyreportedalossfortheperiodofAUD203,445 for the same period in 2024[181]. - The company reported a loss for the period of AUD630,633 for the three months ended 31 March 2025, compared to a profit of AUD41,185forthesameperiodin2024[181].−Totalcomprehensivelossforthethreemonthsended31March2025wasAUD41,185 for the same period in 2024[181]. - Total comprehensive loss for the three months ended 31 March 2025 was AUD630,633, compared to total comprehensive income of AUD41,185forthesameperiodin2024[181].−Totalrevenuesforthethreemonthsended31March2025increasedbyAUD41,185 for the same period in 2024[181]. - Total revenues for the three months ended 31 March 2025 increased by AUD3.1 million or 49.8% to AUD9.4millioncomparedtoAUD9.4 million compared to AUD6.3 million for the same period in 2024[183]. - Total revenues for the nine months ended 31 March 2025 increased by AUD4.2millionor16.14.2 million or 16.1% to AUD30.2 million compared to AUD26.0millionforthesameperiodin2024[185].−TheCompanyincurredalossafterincometaxofAUD26.0 million for the same period in 2024[185]. - The Company incurred a loss after income tax of AUD630,633 for the three months ended 31 March 2025, compared to a profit of AUD41,185forthesameperiodin2024[201].−Fortheninemonthsended31March2025,theCompanyreportedalossofAUD41,185 for the same period in 2024[201]. - For the nine months ended 31 March 2025, the Company reported a loss of AUD1,597,298, down from a profit of AUD2,422,104intheprioryear[201].RevenueBreakdown−Retailoilsrepresented50.32,422,104 in the prior year[201]. Revenue Breakdown - Retail oils represented 50.3% of total revenue for the three months ended 31 March 2025, increasing by AUD1.9 million or 69.4% compared to the prior period[183]. - High protein meals revenue increased by AUD0.7millionor47.80.7 million or 47.8% for the three months ended 31 March 2025, representing 24.3% of total revenue[184]. - Retail oils represented 51.8% of total revenue for the nine months ended 31 March 2025, increasing by AUD5.7 million or 58.2% compared to the prior period[186]. - Revenue from product sales increased by AUD3.1millionor48.93.1 million or 48.9% to AUD9.4 million for the three months ended 31 March 2025, compared to AUD6.3millionforthesameperiodin2024[223].Expenses−Thecompany’scostofsalesforthethreemonthsended31March2025wasAUD6.3 million for the same period in 2024[223]. Expenses - The company’s cost of sales for the three months ended 31 March 2025 was AUD8,864,653, an increase from AUD5,692,410inthesameperiodof2024[181].−Costofsalesforthethreemonthsended31March2025wasAUD5,692,410 in the same period of 2024[181]. - Cost of sales for the three months ended 31 March 2025 was AUD8.9 million, an increase of AUD3.0millionor55.73.0 million or 55.7% compared to the same period in 2024[189]. - General and administrative expenses increased to AUD628,578 for the three months ended 31 March 2025, compared to AUD421,954forthesameperiodin2024[181].−Generalandadministrativeexpensesforthethreemonthsended31March2025wereAUD421,954 for the same period in 2024[181]. - General and administrative expenses for the three months ended 31 March 2025 were AUD0.6 million, an increase of AUD0.2millionor49.00.2 million or 49.0% compared to the same period in 2024[191]. - Finance expenses for the three months ended 31 March 2025 were AUD471,238, compared to AUD162,260forthesameperiodin2024[181].−FinanceexpensesincreasedbyAUD162,260 for the same period in 2024[181]. - Finance expenses increased by AUD0.3 million or 190.4% to AUD0.5millionforthethreemonthsended31March2025,primarilyduetoassetfinancerepayments[197].−Sellingandmarketingexpensesforthethreemonthsended31March2025increasedbyAUD0.5 million for the three months ended 31 March 2025, primarily due to asset finance repayments[197]. - Selling and marketing expenses for the three months ended 31 March 2025 increased by AUD0.06 million or 366.8% compared to the same period in 2024[193]. - Other income for the three months ended 31 March 2025 decreased by AUD0.01millionor38.50.01 million or 38.5% compared to the same period in 2024[195]. Cash Flow and Financial Position - As of 31 March 2025, the Company had a net current liability position of AUD9,622,311, an increase from AUD6,965,530asof30June2024[201].−CashinhandandatbankincreasedtoAUD6,965,530 as of 30 June 2024[201]. - Cash in hand and at bank increased to AUD1,435,123 as of 31 March 2025, up from AUD514,140asof30June2024[202].−NetcashusedinoperatingactivitieswasAUD514,140 as of 30 June 2024[202]. - Net cash used in operating activities was AUD1,942,969 for the nine months ended 31 March 2025, compared to a cash inflow of AUD1,259,485forthesameperiodin2024[205].−TheCompanyreportednetcashinflowsfromfinancingactivitiesofAUD1,259,485 for the same period in 2024[205]. - The Company reported net cash inflows from financing activities of AUD3,765,870 for the nine months ended 31 March 2025, compared to AUD2,859,489intheprioryear[208].−TheCompanyhasatotalfacilityloanofAUD2,859,489 in the prior year[208]. - The Company has a total facility loan of AUD14 million from the Commonwealth Bank of Australia, with AUD8 million unused as of 31 March 2025[204]. Corporate Developments - The company completed a business combination on March 21, 2024, acquiring Australian Oilseeds Investments Pty Ltd., which is now a wholly-owned subsidiary[166]. - The company’s ordinary shares commenced trading on the Nasdaq under the symbols "COOT" and "COOTW" on March 22, 2024[171]. - Future capital requirements will depend on growth rate, R&D spending, and potential acquisitions, with a projected net profit before tax of AUD2.4 million from July 2026 to June 2027[215][217]. - As of 31 March 2025, three customers accounted for 57.8% of the Company's accounts receivable balance[238].