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FOS Capital Ltd ( (AU:FOS) ) has shared an announcement.
FOS Capital Limited has announced a change in its auditing firm, with William Buck Audit resigning and Connect National Audit Pty Ltd being appointed as the new auditor, pending shareholder approval. This change is part of the company’s ongoing efforts to enhance its operational framework as it continues to pursue growth in a fragmented market, aiming for a significant increase in market share.
The most recent analyst rating on (AU:FOS) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on FOS Capital Ltd stock, see the AU:FOS Stock Forecast page.
More about FOS Capital Ltd
FOS Capital is a founder-led manufacturer and distributor of commercial, industrial, and architectural lighting solutions. The company owns 17 brands and operates two manufacturing facilities in Brisbane and Sydney. Since its listing in June 2021, FOS has achieved significant growth in revenue and EBITDA, and it aims to increase its market share from 5% to 15% through organic growth and strategic acquisitions.
Average Trading Volume: 37,475
Technical Sentiment Signal: Sell
Current Market Cap: A$16.84M
For detailed information about FOS stock, go to TipRanks’ Stock Analysis page.