Australian Oilseeds Issues Annual Shareholder Letter
Rhea-AI Summary
Australian Oilseeds Holdings has released its annual shareholder letter highlighting strong performance in 2024 despite global challenges. The company reported 16% revenue growth driven by strong demand for cold-pressed canola oils, along with a 40 basis point improvement in gross margin and 16% Adjusted EBITDA growth.
The company has successfully expanded its distribution across major Australian retailers including Woolworths, Coles, Costco, and IGA, while establishing presence in Japan, China, and Vietnam. The Good Earth Oils brand is planned for launch in Taiwan and India within six months. The company benefits from preferential duties in China compared to Canadian and US competitors who face 100% and 124% import duties respectively.
Positive
- 16% revenue growth in 2024
- 40 basis point improvement in gross margin
- 16% growth in Adjusted EBITDA
- Successful expansion across major Australian retailers
- Established presence in Asian markets (Japan, China, Vietnam)
- Competitive advantage in Chinese market due to preferential duties
Negative
- 10% import tariff barrier for US market entry
- Geopolitical challenges affecting global operations
News Market Reaction 1 Alert
On the day this news was published, COOT gained 1.32%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
COOTAMUNDRA, Australia, April 24, 2025 (GLOBE NEWSWIRE) -- Australian Oilseeds Holdings Limited, a manufacturer and seller of sustainable edible oils to customers globally, today issued a letter to shareholders from Gary Seaton, Chairman and Chief Executive Officer, that highlights recent performance and future milestones.
Dear Fellow Shareholders,
Across the globe, 2024 presented serious challenges including the ongoing war in Ukraine and serious conflicts in the Middle East and growing geopolitical discord, notably with China. Our hearts go out to those whose lives are profoundly affected by these events.
Despite the unsettling geopolitical discord, we are pleased with our progress since launching the Company, as a Nasdaq listed company, and its unique products of Non-GMO cold-pressed and chemically-free processed oils.
Within the last 12 months, we have sold our products through the majority of retailers in Australia, including Woolworths and Coles, the two largest supermarket chains in Australia, as well as Costco and Independent Grocers of Australia, an Australian chain of supermarkets (IGA), with sales and awareness gradually increasing. In addition to our expanding market presence in Australia, the Company has also been successful in exporting and marketing its products in Japan, China and Vietnam.
Throughout the last year, we have demonstrated the power of our mission and guiding principles, as well as the value of being there for our customers. The result was continued healthy growth across our products and geographic expansion. Fiscal 2024 results were strong with revenues increasing by more than
We believe we are well positioned for the future and anticipate several key milestones as we continue to execute our growth strategy. Within the next six months we expect that our Good Earth Oils brands of Australian Canola Oil and Olive oil will be launched in Taiwan and India. We are also expecting significant growth in China over the next 12 months as we benefit from Australia’s preferential duty for its products into China compared to Canada and USA, which have current import duties of
I would like to express my deep gratitude to our Shareholders and our employees. We appreciate your continued support as we continue our exciting journey of taking chemicals out of the food supply chain and promoting healthy Canola Oil and Olive oil to consumers around the world along with the concept of regenerative farming.
Sincerely,
Gary Seaton
Chairman and Chief Executive Officer
About Australian Oilseeds Holdings Limited. Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) through its subsidiaries, including Australian Oilseeds Investments Pty Ltd., an Australian proprietary company, tis focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.
Contact
Australian Oilseeds Holdings Limited
126-142 Cowcumbla Street
Cootamundra New South Wales 2590
Attn: Amarjeet Singh, CFO
Email: amarjeet.s@energreennutrition.com.au
Investor Relations Contact
Reed Anderson
(646) 277-1260
reed.anderson@icrinc.com
FAQ
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