InvestSMART

COSOL Limited (ASX:COS)

ALERT: Price-sensitive ASX Announcement for COS
Current share price for COS : $0.185 -0.16 (-46.38%)+
Announcement
Release
25 Feb 2026 8:09AM
Price at Release
$0.345
Full Release
download
Summary
COSOL Limited reported a challenging first half of the financial year ending 31 December 2025, with a 14.1% decrease in revenue to $49.6 million and a 57% drop in underlying EBITDA to $3.5 million, primarily due to the conclusion of two major contracts and under-utilisation of personnel. The company implemented a 'costs out' program to cut $1 million in annualised costs and refocused on increasing its digital and data services. Despite setbacks in its Asset Management Services due to reduced demand in the coal industry, COSOL pivoted towards gold and lithium sectors and reported growth in its digital advisory services. The company anticipates improved performance in the second half of FY26, driven by restructuring efforts and new contracts in digital services.
Key Points
  • Anthony Stokes appointed as Chief Operating Officer.
  • Implemented a 'costs out' program saving $1 million annually.
  • Revenue dropped by 14.1%, EBITDA fell by 57%.
  • Focus shifted to digital and data services.
  • Lower demand in coal industry impacted Asset Management Services.
  • Expansion into gold and lithium sectors.
  • Improved sales activity expected in the second half of FY26.
  • Strengthened digital and data advisory services.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.