COSOL LIMITED — Earnings Release 2022

Aug 23, 2022

COSOL Limited Appendix 4E Preliminary final report

1. Company details

Name of entity: COSOL Limited ACN: 635 371 363 Reporting period: For the year ended 30 June 2022 Previous period: For the year ended 30 June 2021

2. Results for announcement to the market

			$
Revenues from ordinary activities	up	43.6% to	48,242,311
Profit from ordinary activities after tax attributable to the owners of
COSOL Limited	up	38.4% to	5,532,775
Profit for the year attributable to the owners of COSOL Limited	up	38.4% to	5,532,775

Comments

The profit for the consolidated entity after providing for income tax amounted to $5,532,775 (30 June 2021: $3,997,793).

3. Net tangible assets

Net tangible assets per ordinary security	ReportingperiodCents(3.70)	PreviousperiodCents0.65
4. Control gained over entities Name of entities (or group of entities)Clarita Solutions Pty Ltd Date control gained1 September 2021 Contribution of such entities to the reporting entity's profit/(loss) from ordinary activities before incometax during the period		$2,431,572

5. Dividends

An interim dividend for the year ended 30 June 2022 of $0.0092 (2021: $0.005) per ordinary share was paid 14 April 2022 with record date 31 March 2022. A final dividend for the year ended 30 June 2021 of $0.01 (2020: $-) per ordinary share was paid 29 October 2021 with record date 1 October 2021. The dividends paid during the current financial year were fully franked.

The directors have declared a final dividend of $0.01 per ordinary share payable to all ordinary shareholders for the current financial year. The dividend will be fully franked. The record date for entitlements to this dividend will be 10 October 2022 with payment on 7 November 2022.

COSOL Limited Appendix 4E Preliminary final report

6. Foreign entities

Details of origin of accounting standards used in compiling the report:

The results for AddOns Inc are prepared in accordance with Australian Accounting Standards (AAS).

7. Audit qualification or review

Details of audit/review dispute or qualification (if any):

The financial statements have been audited and an unmodified opinion has been issued.

8. Attachments

Details of attachments (if any):

The Annual Report of COSOL Limited for the year ended 30 June 2022 is attached.

9. Signed

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Signed: Geoffrey Lewis Chairman

Date: 24 August 2022