Australian Oilseeds Stock Price, News & Analysis

Australian Oilseeds Holdings (NASDAQ: COOT) has announced a strategic partnership with Shanghai Maiwei Trading Co. for the distribution of its GEO brand in China. The partnership covers sales, marketing, and distribution of premium cold-pressed, non-GMO canola oil and olive oil products.

Shanghai Maiwei will manage GEO branding activities through teams in Shanghai, Shenzhen, and Hebei. The Shenzhen team will focus on e-commerce and offline retail partnerships, while warehouses in Shanghai and Hebei will support nationwide distribution. The partnership aims to capitalize on China's growing demand for chemical-free cooking oils, driven by increasing health consciousness and rising middle-class purchasing power.

Australian Oilseeds Holdings (NASDAQ: COOT) reported its fiscal 2024 financial results, showing a 16.1% increase in sales revenue to A$33.7 million, driven by strong demand for cold-pressed canola oil. The company's gross margin improved by 40 basis points to 17.5%, while Adjusted EBITDA grew 15.6% to A$4.1 million.

However, the company recorded a net loss of A$21.3 million compared to prior year's net income of A$1.8 million, primarily due to A$23.2 million in recapitalization expenses. The company sources a significant portion of its Canola seed from regenerative farming practices, with contracted farmers reducing greenhouse gas emissions by minimum 50% from baseline.

Australian Oilseeds Holdings (NASDAQ: COOT), a global manufacturer of sustainable, non-GMO oilseeds and organic and non-organic food-grade oils, has announced its participation in the Sidoti Micro-Cap Virtual Conference held from August 14-15, 2024. During the event, AOI's senior management engaged with over 20 prominent investment bankers, wealth managers, and private lenders interested in the agricultural industry. CEO Gary Seaton expressed enthusiasm about sharing the company's journey in transforming food production and farming with future-minded investors. The conference provided a platform for AOI to connect with institutions, family offices, and potential partners looking to diversify into the regenerative farming and agricultural tech ecosystem.

Australian Oilseeds Holdings (NASDAQ: COOT) has announced the appointment of BDO Global as its new independent auditor, effective July 24th, 2024. BDO, headquartered in Brussels, is a leading provider of global audit, advisory, and tax services. Gary Seaton, CEO of Australian Oilseeds, expressed satisfaction with the appointment, citing BDO's reputation for excellence and integrity as key factors. The company believes that BDO's values align well with those of Australian Oilseeds, making them a valuable addition to the team.

Australian Oilseeds Holdings (NASDAQ: COOT), the largest cold pressing oil plant in Australia, has launched a new Investment Relationship section on their official website. This new section aims to provide comprehensive investment information to stakeholders, reflecting their commitment to transparency and investor engagement. The company's CEO, Gary Seaton, emphasized the importance of this initiative in supporting their mission of delivering GMO-free, conventional, and organic edible oils sustainably. The new section is accessible at Investor Relations | Australian Oilseeds Holdings

Australian Oilseeds (AOI) has announced its first shipment of sustainable canola oil to Neste, a leader in biofuel and sustainable aviation fuel. This move follows AOI's collaboration with Australian farmers to produce low carbon intense canola seeds, meeting new sustainability standards by cutting farming emissions by more than 50%. AOI's CEO, Gary Seaton, will present at the 19th Annual Bank of Montreal Global Farm to Market Conference on May 16th in New York, discussing the future of the oilseed processing industry and its impact on farming and food systems.