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Australian Oilseeds Holdings Limited Announces Receipt of Nasdaq Notification Regarding Filing Delinquency
Globenewswire· 2025-06-04 22:53
Company Overview - Australian Oilseeds Holdings Limited is a manufacturer and seller of sustainable edible oils, focusing on non-GMO and organic products [3] - The company operates the largest cold pressing oil plant in Australia, dedicated to producing GMO-free conventional and organic oilseeds [3] Compliance and Reporting - The company received a notification from Nasdaq on May 27, 2025, regarding its delinquency in filing the Quarterly Report on Form 10-Q for the period ended March 31, 2025 [1] - On May 30, 2025, the company filed the required Form 10-Q, regaining compliance and eliminating the need to submit a formal plan to Nasdaq [2]
Australian Oilseeds Announces Second Quarter Fiscal 2025 Financial Results
Globenewswire· 2025-03-31 12:00
Core Insights - The company reported a 4.5% increase in sales revenue to A$10.4 million, driven by heightened demand for its chemical-free canola oil due to expanded customer contracts [5] - Retail oil revenue surged by 47.6% to A$5.2 million, attributed to broader distribution in major Australian retailers and the introduction of new SKUs [5] - The company experienced a net loss of A$0.3 million, a decline from a net income of A$1.0 million, influenced by changes in sales mix, planned investments in branding and marketing, and increased operational costs [5] Business Performance - The retail oils segment showed exceptional growth, reflecting strong demand and expanding distribution channels, particularly with a notable increase in demand from China [3] - The company is committed to eliminating chemicals from its production processes, focusing on non-GMO and organic food-grade oils, which positions it favorably in the growing oilseeds market [3] Strategic Direction - The company maintains a positive outlook on its long-term trajectory, expecting to deliver improving returns as the business scales [3] - The company has established itself as the largest cold pressing oil plant in Australia, emphasizing its commitment to GMO-free products [3]
Australian Oilseeds Announces Appointment of Amarjeet Singh as Chief Financial Officer
Globenewswire· 2025-03-03 13:00
Company Overview - Australian Oilseeds Holdings Limited is focused on the manufacture and sale of sustainable oilseeds, particularly non-GMO and organic food-grade oils, aiming to eliminate chemicals from production processes to provide healthier food ingredients globally [3] Leadership Change - Amarjeet Singh has been appointed as the Chief Financial Officer effective February 28, 2025, bringing over 20 years of finance and accounting experience in the global agricultural sector [1][2] - Singh replaces Bob Wu, who is leaving to pursue new opportunities, and has been recognized for his significant contributions over the past four years [2] Strategic Focus - The company is committed to expanding and scaling its business globally, with a focus on long-term sustainable growth and shareholder value [2] - Singh's background in finance and strategic leadership is expected to drive growth and productivity while improving profitability [2] Industry Position - The company operates the largest cold pressing oil plant in Australia, specializing in GMO-free conventional and organic oilseeds [3]