COSOL Limited Reports Strong Growth and Declares Dividend

Cosol Limited ( (AU:COS) ) just unveiled an update.

COSOL Limited reported a significant financial performance for the six months ending December 31, 2024, with a 17.8% increase in revenues, amounting to $57.78 million, and an 11.5% rise in post-tax profits, totaling $4.05 million. The company declared a fully franked interim dividend of 1 cent per ordinary share, reflecting its ongoing commitment to shareholder returns amidst its continued operational and strategic success.

More about Cosol Limited

COSOL Limited is a global provider of technology-enabled asset management solutions, focusing on optimizing operational performance in asset-intensive industries such as natural resources, energy and water utilities, public infrastructure, and defense. The company offers Asset Management as a Service, leveraging signature solutions and proprietary software to deliver comprehensive outsourced solutions that enhance asset performance. Since its ASX listing in 2020, COSOL has demonstrated profitable growth, strong operating cashflows, and effective strategic acquisitions.

YTD Price Performance: -4.81%

Average Trading Volume: 80,869

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$180.2M

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