From GlobeNewswire: 2025-02-10 08:30:00

Australian Oilseeds Holdings Limited reported financial results for the first quarter of fiscal 2025, ending September 30, 2024. Sales revenue increased by 6.1% to A$10.4 million, with retail oil revenue up by 59.9% to A$5.7 million. However, the net loss was A$0.6 million compared to a net income of A$1.4 million.

CEO Gary Seaton highlighted strong growth in the retail oils business, driven by expanded distribution in key retailers like Costco and Woolworths in Australia. The company also launched three new SKUs with integrated marketing campaigns. Despite a net loss due to branding investments, Australian Oilseeds Holdings remains optimistic about future growth and profitability.

Australian Oilseeds Investments Pty Ltd. focuses on sustainable oilseeds manufacturing and sales, committed to eliminating chemicals from the production process. They supply non-GMO oilseeds, organic, and non-organic food-grade oils globally. Over the past 20 years, their cold pressing oil plant has become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.

This press release includes forward-looking statements, outlining the company’s financial outlook and business strategy. Australian Oilseeds Holdings faces risks like global economic conditions, cybersecurity incidents, and challenges in maintaining growth and competitive position. They encourage investors to review their filings with the Securities and Exchange Commission for more information on potential factors that could affect financial results.



Read more at GlobeNewswire:: Australian Oilseeds Announces First Quarter Fiscal 2025