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COG Financial Services Limited
(Sydney:COG)
COG Financial Services Limited (COG) vs. iShares MSCI Australia ETF (EWA)
COG Financial Services Limited Business Overview & Revenue Model
COG Financial Services Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 367.73M | 367.73M | 362.35M | 366.01M | 320.77M | 267.77M |
| Gross Profit | 234.48M | 283.43M | 169.20M | 132.47M | 105.39M | 92.26M |
| EBITDA | 75.16M | 75.16M | 74.28M | 62.41M | 53.25M | 48.32M |
| Net Income | 18.77M | 18.77M | 12.85M | 8.05M | 19.68M | -26.38M |
Balance Sheet | ||||||
| Total Assets | 694.80M | 694.80M | 687.12M | 593.00M | 518.22M | 476.69M |
| Cash, Cash Equivalents and Short-Term Investments | 149.25M | 149.25M | 125.68M | 101.80M | 76.11M | 94.51M |
| Total Debt | 375.98M | 375.98M | 376.75M | 283.73M | 243.27M | 225.94M |
| Total Liabilities | 488.30M | 488.30M | 483.49M | 378.53M | 310.61M | 287.03M |
| Stockholders Equity | 152.08M | 152.08M | 151.69M | 163.92M | 170.95M | 152.34M |
Cash Flow | ||||||
| Free Cash Flow | 45.92M | 45.92M | 35.66M | 28.55M | 205.73M | 187.95M |
| Operating Cash Flow | 49.30M | 49.30M | 46.36M | 31.79M | 208.19M | 190.85M |
| Investing Cash Flow | 3.43M | 2.66M | -87.16M | -19.53M | -201.93M | -75.11M |
| Financing Cash Flow | -29.16M | -28.39M | 64.69M | 30.12M | -24.67M | -55.92M |
COG Financial Services Limited Technical Analysis
COG Financial Services Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$7.56B | 64.73 | 67.81% | 1.30% | 28.29% | 39.39% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | AU$489.39M | 24.55 | 12.36% | 2.51% | -26.30% | 40.12% | |
61 Neutral | AU$136.71M | 5.64 | 14.15% | ― | -4.69% | -18.65% | |
57 Neutral | AU$430.58M | 31.80 | 12.27% | 2.65% | 24.56% | 59.32% | |
53 Neutral | €99.07M | -151.61 | -0.15% | ― | 5.03% | 52.31% | |
45 Neutral | AU$9.03M | ― | -34.88% | ― | 43.00% | -6078.57% |
COG Financial Services Limited Corporate Events
COG Financial Services Limited has successfully acquired an additional 14.1% stake in its salary packaging and novated leasing business, Fleet Network Pty Ltd, bringing its total ownership to 92.4%. This strategic move, effective from October 1, 2025, enhances COG’s control over Fleet Network, potentially strengthening its position in the financial services industry and offering increased value to its stakeholders.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.63 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited has announced the issuance of 10,000,000 fully paid ordinary shares as part of its financial strategy. This move, executed without the need for disclosure under specific sections of the Corporations Act, indicates compliance with regulatory requirements and suggests a strategic effort to bolster the company’s financial standing and market presence.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited announced the issuance of 10,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) as of October 17, 2025. This move is part of previously announced transactions and is expected to bolster the company’s market position by increasing its capital base, potentially impacting its operational capabilities and stakeholder interests.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited announced a proposed issue of 10 million ordinary fully paid securities, scheduled for October 17, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market position by increasing its capital base and enhancing its financial flexibility.
The most recent analyst rating on (AU:COG) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited has issued an investor presentation, emphasizing that it includes forward-looking statements based on current expectations and assumptions about the company’s future performance. The company advises caution regarding these statements due to inherent risks and uncertainties, and it underscores that past performance is not indicative of future results.
The most recent analyst rating on (AU:COG) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited has acquired an additional 14.1% stake in Fleet Network Pty Ltd, increasing its ownership to approximately 92.4%. This acquisition, funded by a $20 million capital raise, is expected to enhance COG’s earnings and strengthen its balance sheet, allowing it to pursue further growth opportunities in the market.
The most recent analyst rating on (AU:COG) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited announced the issuance of 20,042 fully paid ordinary shares following the exercise of performance rights by CEO Andrew Bennett. This move, compliant with the Corporations Act, reflects the company’s ongoing commitment to transparency and regulatory adherence, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.14 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited announced the quotation of 20,042 new ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 17, 2025. This move is part of the company’s strategy to enhance its market presence and provide more opportunities for investors, potentially impacting its market positioning positively.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.14 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited announced the results of its Long Term Incentive Plan assessment for CEO Andrew Bennett. The company evaluated the vesting of performance rights allocated in FY23, which were contingent on employment and achieving a normalised earnings per share (EPS) Compound Annual Growth Rate (CAGR) by June 2025. While Mr. Bennett met the employment condition, the company did not meet the EPS CAGR targets, resulting in the lapse of most performance rights. However, 40% of Tranche 3 performance rights vested and converted into shares. This outcome reflects the company’s performance challenges and impacts executive compensation.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.14 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited has successfully completed the acquisition of EasiFleet Pty Ltd, a company specializing in salary packaging and novated leasing. This acquisition, effective from September 1, 2025, is expected to strengthen COG’s market position and expand its service offerings in the financial services sector.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.14 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited has updated its FY2025 Results Presentation to include details on the acquisition of Easi Fleet, which was announced earlier in September 2025. This update reflects the company’s strategic move to enhance its market position and expand its service offerings, potentially impacting its operational dynamics and stakeholder interests.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.14 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited has announced a significant change in the shareholding of its director, Cameron McCullagh. On September 5, 2025, McCullagh disposed of 10 million ordinary fully paid shares at a price of $1.95 per share, totaling $19.5 million. This transaction was conducted through an on-market sale, reducing his indirect interest in the company. This move may impact the company’s stock market perception and stakeholder confidence, reflecting a strategic decision by the director.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.14 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited announced a change in the director’s interest, specifically regarding John Dwyer. The update reveals that Dwyer, through indirect interests, acquired an additional 250,000 ordinary fully paid shares at a value of $1.875 per share, totaling $468,750. This acquisition reflects a strategic move to increase his stake in the company, potentially indicating confidence in the company’s future performance and stability. The transaction was conducted as an on-market purchase, and no securities were disposed of during this period.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.05 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited reported its financial results for FY 2025, highlighting a revenue of $363.5 million and an EBITDA of $38.4 million attributable to shareholders. The company achieved a Net Profit After Tax Attributable to shareholders (NPATA) of $24.0 million and Earnings Per Share Attributable (EPSA) of 12.00 cents per share. The financial results reflect a 4% increase in revenue on a prior comparative period basis, despite a reduced contribution from its TL Commercial lease business, which is in run-off. This performance indicates a stable financial position for the company, with adjustments made for various financial activities and reclassifications.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$1.92 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited reported a slight decline in NPATA to $24.0 million for the fiscal year ending June 2025, despite a 1% revenue increase to $363.5 million. The company divested non-core investments to focus on core segments, with notable growth in the Novated Leasing segment, which saw a 26% increase in EBITDA. COG also acquired additional equity in QPF Holdings and a majority stake in AAA Finance and Insurance. Looking ahead, COG plans to focus on strategic acquisitions and insurance broking, with a shift in performance analysis from NPATA to EBITDA.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$1.92 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited has released its Appendix 4G and Corporate Governance Statement for FY2025, emphasizing its compliance with ASX Corporate Governance Council’s recommendations. The company highlights its strategic focus on growth through consolidation and organic expansion within its sectors. This announcement underscores COG’s commitment to transparency and adherence to governance standards, which is crucial for maintaining stakeholder confidence and enhancing its market position.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$1.92 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited reported a 23% increase in net profit from continuing operations for the year ended 30 June 2025, reaching $29.7 million. This growth is attributed to a 1.5% rise in revenue from continuing operations, amounting to $367.8 million. Despite the increased profitability, the company declared a lower final dividend of 3.0 cents per share, compared to 4.4 cents in the previous year, reflecting a cautious approach to dividend distribution. The company’s financial performance highlights its ability to enhance profitability while managing shareholder returns strategically.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$1.92 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited has announced a change in the director’s interest, specifically concerning John Dwyer, a Non-Executive Director. The company has allotted 2,500,000 unlisted options to Mr. Dwyer, exercisable at $1.30 and expiring on March 31, 2028. This allotment follows an appointment letter, a board renewal announcement, and shareholder approval. The change reflects the company’s strategic efforts to align its leadership incentives with its long-term goals, potentially impacting its governance and stakeholder relations positively.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$1.61 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited announced a change in the director’s interest, specifically concerning Antony Robinson. Robinson, who holds an indirect interest through Robinson House Pty Ltd and Rowena House Pty Ltd, has been allotted 2,500,000 unlisted options exercisable at $1.30, expiring on March 31, 2028. This allotment was made without any consideration, following an appointment letter, a board renewal announcement, and shareholder approval. The change reflects the company’s strategic board renewal efforts and could impact its governance and operational dynamics.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$1.61 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
COG Financial Services Limited announced the issuance of 5,000,000 unquoted equity securities with an exercise price of $1.30, set to expire on March 31, 2028. This issuance is part of a previously announced transaction, indicating ongoing strategic financial maneuvers by the company, which could impact its operational funding and market positioning.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$1.61 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.