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COSOL Limited (ASX:COS)

ALERT: Price-sensitive ASX Announcement for COS
Current share price for COS : $0.190 -0.045 (-19.15%)+
Announcement
Release
19 Aug 2026 7:56AM
Price at Release
$0.235
Full Release
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Summary
COSOL Limited's FY26 results presentation highlighted a challenging year with a 15.6% decrease in group revenue and a 41.8% drop in underlying EBITDA compared to FY25. The company focused on cost management, restructuring, and strategic adjustments including executive changes to stabilize operations and prepare for future growth. Significant items such as goodwill impairment and restructuring costs impacted financial results. Despite these challenges, profitability improved in the second half of FY26 due to cost base adjustments and operational efficiencies, setting a platform for potential recovery in FY27.
Key Points
  • Group revenue decreased by 15.6% in FY26.
  • Underlying EBITDA fell by 41.8% compared to FY25.
  • Significant restructuring and goodwill impairment costs incurred.
  • Executive changes were made to stabilize operations.
  • H2FY26 saw improved profitability due to cost base adjustments.
  • Focus on driving higher margin revenue growth in FY27.
  • Net debt leverage increased due to lower EBITDA performance.
  • Americas revenue diversification with IBM engagements.
  • Cost management targeted $1m annual savings.
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.