COSOL Limited (ASX:COS) Announces Interim Financial Results
Financial Performance
COSOL Limited reported revenue of $57.8 million for the six months ended 31 December 2024, a 17.8% increase. Profit after tax rose by 11.5% to $4.05 million.
Operational Highlights
The company secured 11 new customer logos, four new managed service customers, and six new EAMaaS customers. COSOL also launched its first AI-infused customer offerings and achieved 23% growth in its asset management professional services.
Dividends
COSOL declared a 1 cent fully franked interim dividend, with a record date of 11 April 2025 and a payment date of 12 May 2025.
Acquisitions
COSOL acquired Toustone Pty Ltd on 1 December 2024 for up to $22.8 million, enhancing its data analytics and machine learning capabilities.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.