COG Financial Services (COG) AGM 2025 Presentation summary

Financial performance highlights

• Revenue reached $363.5 million, up 1% year-on-year, with EBITDA to shareholders at $38.4 million and EPSA at 12.00 cps, a 4% decrease from the prior year.

• Net assets financed totaled $8.4 billion in FY 2025, reflecting an 8% three-year CAGR despite a 5% decline versus the previous year.

• NPATA to shareholders was $24.0 million, nearly flat compared to the previous year.

Dividends and capital management

• Final dividend declared at 3.0 cps, down from 4.4 cps last year, with a payout ratio of 50.6%.

• Dividend yield stands at 3.8%, or 5.4% when grossed up for franking benefits.

• Dividend Reinvestment Plan suspended for the final dividend to support EPSA.

Strategic initiatives and acquisitions

• Divested non-core investments in Earlypay Limited and Centrepoint Alliance Limited to focus on core segments.

• Acquired additional 5% equity in QPF, 100% of Community Salary Packaging, and 70% of AAA Finance and Insurance.

• Continued execution of acquisition strategy, with $15.1 million spent on acquisitions since July 2024.