COSOL (COS) Investor Presentation summary

Company overview and strategic vision

• Provides technology-enabled asset management solutions tailored to asset-centric industries, focusing on financial gains through optimized management of physical assets using proprietary IP and digital innovation.

• Mission centers on helping customers achieve zero waste in operations and supply chains, leveraging digital solutions to enhance efficiency and maximize asset value.

• Operates globally with offices in Australia and the USA, serving clients in natural resources, infrastructure, energy, water, government, and defense sectors.

Financial performance and growth

• Achieved FY24 revenue of $101.9m and underlying EBITDA of $15.7m, with a 36.5% revenue CAGR and 44.8% EBITDA CAGR over the last five years.

• FY25 H1 revenue grew 17.8% year-on-year to $57.8m, with 10% organic growth and maintained EBITDA margin at 14.1%.

• Paid $13m in dividends since IPO, with growing profit contributions from proprietary SaaS and IP offerings.

• Net debt at $34.1m with proforma net debt leverage of 1.63x, supported by expanded banking facilities for acquisition flexibility.

Market positioning and client base

• Serves a blue-chip client base across critical industries, including major mining, energy, infrastructure, and government organizations.

• Over 20 clients have annual spend exceeding $1m, with a focus on developing high-margin, recurring business.

• Top 10 customers account for 57% of revenue, indicating deep, long-term relationships.