COSOL LIMITED — Earnings Release 2024

Aug 20, 2024

COSOL Limited Appendix 4E Preliminary Final Report

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1. Company details

Name of entity: COSOL Limited ACN: 635 371 363 Reporting period: For the year ended 30 June 2024 Previous period: For the year ended 30 June 2023

2. Results for announcement to the market

				$
Revenues from ordinary activities up 35.7% to 101,948,961
Profit from ordinary activities after tax attributable to the owners of COSOL Limited up 6.7% to 8,519,407
Profit for the year attributable to the owners of COSOL Limited up 6.7% to 8,519,407

Dividends

	Amount per share	Franked amount per share	Record date	Payment date
Interim dividend declared	1.00 cents	1.00 cents	14 April 2024	13 May 2024
Final dividend declared	1.39 cents	1.39 cents	18 October 2024	4 November 2024

Comments

The profit for the consolidated entity after providing for income tax amounted to $8,519,407 (30 June 2023: $7,986,327).

For commentary and an explanation of the figures reported above, refer to the operational and financial reviews contained in COSOL Limited’s Annual Report for the year ended 30 June 2024. The Annual Report contains COSOL Limited’s audited financial statements for the year ended 30 June 2024, including consolidated statements of comprehensive income, financial position, cash flows and changes in equity, together with notes to each of these statements.

3. Net tangible assets

	Reporting	period			Previous period
		cents			cents
Net tangible assets per ordinary security		(2.76)			(1.69)

COSOL Limited Level 3, 490 Adelaide Street, Brisbane QLD 4000

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4. Control gained over entities

Name of entities

AssetOn Group Pty Ltd and OnPlan Technologies Pty Ltd

(or group of entities) Date control gained 1 September 2023

$

Contribution of such entities to the reporting entity's profit/(loss) from ordinary activities 2,100,148 before income tax during the period

Name of entities Core Asset Co Pty Ltd (or group of entities) Date control gained 1 March 2024

$

Contribution of such entities to the reporting entity's profit/(loss) from ordinary activities 375,569 before income tax during the period

5. Dividends

An interim dividend for the year ended 30 June 2024 of $0.01 (2023: $0.01) per ordinary share was paid 13 May 2024 with record date 12 April 2024. A final dividend for the year ended 30 June 2023 of $0.0146 (2022: $0.01) per ordinary share was paid 6 November 2023 with record date 20 October 2023. The dividends paid during the current financial year were fully franked.

The Directors have declared a final dividend of $0.0139 per ordinary share at record date, 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 18 October 2024 with payment on 4 November 2024.

6. Foreign entities

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

The results for COSOL Americas Inc (previously 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 contained in COSOL Limited’s Annual Report for the year ended 30 June 2024 have been audited and an unmodified opinion has been issued by Elderton Group.

COSOL Limited Level 3, 490 Adelaide Street, Brisbane QLD 4000

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8. Attachments

Details of attachments (if any):

The Annual Report of COSOL Limited for the year ended 30 June 2024 accompanies the release of this report.

9. Signed

Signed _________

Date: 20 August 2024

Geoffrey Lewis Chairman

COSOL Limited Level 3, 490 Adelaide Street, Brisbane QLD 4000

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