COSOL (COS) H1 2025 earnings summary

Executive summary

• Revenue grew 17.8% year-over-year to AUD 57.8 million for HY 2025, driven by 10% organic growth, expansion in key markets, and acquisitions.

• Underlying EBITDA increased 17.6% to AUD 8.2 million, maintaining a 14.1% margin.

• Net profit after tax rose 14.5% to AUD 4.9 million; underlying EPS up 5.3% to AUD 0.0247.

• Completed the acquisition of Toustone Pty Ltd, expanding data analytics, machine learning, and digital/data capabilities.

• Interim fully franked dividend of AUD 0.01 per share declared, continuing the dividend track record.

Financial highlights

• Revenue: AUD 57.8 million (up from AUD 49.1 million year-over-year).

• Underlying EBITDA: AUD 8.2 million (up from AUD 6.9 million year-over-year); EBITDA margin held at 14.1%.

• Net profit after tax: AUD 4.9 million (up from AUD 3.64 million year-over-year); underlying EPS: 2.47 cents.

• Interim dividend maintained at AUD 0.01 per share.

• Underlying operating cash flow (excluding interest, tax, and acquisition costs): AUD 4.0 million, down 2.7% due to timing of receivables.

Outlook and guidance

• Expecting significant revenue and margin growth in H2, especially in North America and managed services.

• Focus on embedding acquisitions, expanding digital and AI offerings, and leveraging cross-sell opportunities.

• Recent advisory project wins and pipeline provide confidence in continued organic growth and digital transformation opportunities.