Australian Oilseeds Announces Second Quarter Fiscal 2025 Financial Results

COOTAMUNDRA, Australia, March 31, 2025 (GLOBE NEWSWIRE) -- Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the "Company") (NASDAQ:COOT) today announced financial results for its second quarter fiscal 2025 ended December 31, 2024.

Second Quarter Fiscal 2025 Financial Highlights Compared to Prior Year

Sales revenue increased 4.5% to A$10.4 million reflecting increased demand for the Company's chemical free canola oil due to expanded customer contracts.

Retail oil revenue increased 47.6% to A$5.2 million due to expanded distribution in leading retailers in Australia along with the addition of several new SKUs.

Net loss of A$0.3 million compared to net income of A$1.0 million, reflecting changes to sales mix along with the timing of planned investments in brand and marketing to support our GEO products as well as higher professional fees, insurance cost and increased listing compliance costs.

"Our retail oils business continued to deliver exceptional growth in the second quarter, reflecting robust demand across our portfolio as well as expanding distribution," said Gary Seaton, Chief Executive Officer. "Our momentum is strong, including a significant increase in demand from China recently, and we continue to benefit from our commitment to eliminating chemicals from the edible oil production and manufacturing systems to supply quality products such as non-GMO oilseeds and organic and non-organic food-grade oils. We remain comfortable with our ...