Fos Capital Ltd · ASX:FOS
Fos Capital — H1 FY2026 Earnings Presentation
17 slides from Fos Capital's earnings presentation, Feb 24, 2026
Slide 1: 1H26 Results Presentation
For personal use only 1H26 Results Presentation 24 February 2026
Slide 2: Corporate Overview
Corporate Overview FOS Capital FOS-ASX Board of Directors For personal use only IPO date 3 June 2021 Sandy Beard Non-Executive Chair Share price (20 Feb 2026) $0.20 Shares on issue 68,734,477 Con Scrinis Managing Director Market capitalisation $13.7m Michael Koutsakis Executive Director Cash (31 Dec
Slide 3: 1H26 Review: Strategy intact despite challenging 1st half
1H26 Review Strategy intact despite challenging 1st half For personal use only • 1H26 marked a disappointing first loss following 14 consecutive profitable half-years • Market trading softer with longer lead times for orders being placed • Quote book still strong with orders expected to lift during
Slide 4: Highlights
1H26 Highlights FOS continues to build out critical mass in challenging conditions For personal use only Sales EBITDA Excludes ATS restructuring NPAT costs (~$800k) $12.4m $0.5m $(0.6)m -12% vs pcp -65% vs pcp $0.7m in pcp EPS Operating Cash Flow Cost Reduction (0.90)cps $0.4m $1m Annually 1.46cps i
Slide 5: Financial Highlights
1H26 Financial Highlights Challenging markets impacted 1H26 For personal use only Revenue ($m) EBITDA ($m) EBITDA margin (%) 14.6 1.4 14.0 10.1% 12.4 1.2 11.5 8.9% 8.4% 9.9 7.1% 8.6 8.5 0.9 6.0% 0.7 0.6 4.2% 4.0% 0.5 0.4 1H23 2H23 1H24 2H24 1H25 2H25 1H26 1H23 2H23 1H24 2H24 1H25 2H25 1H26 1H23 2H23
Slide 6: Growth Strategy
Growth Strategy Consolidating fragmented markets via organic growth and M&A For personal use only • As a leader in highly fragmented markets, FOS is able to acquire businesses and realise significant synergies, providing a base to take further market share. • The seven acquisitions executed to date
Slide 7: Key Acquisitions & Agreements
Key Acquisitions & Agreements Track record of strategic, accretive acquisitions For personal use only FOS Capital | 1H26 Result Presentation 7
Slide 8: Income Statement
1H26 Income Statement For personal use only A$m 1H26 1H25 Change Sales 12.4 14.0 -12% As previously disclosed, soft trading conditions in recent months have Gross profit 5.4 6.0 -9% resulted in orders taking longer than usual Other income 0.0 0.1 -72% to secure, impacting revenue. Expenses -5.0 -4.7
Slide 9: Cash Flow
1H26 Cash Flow Operating Cash Flow decline reflects soft trading conditions For personal use only A$m 1H26 1H25 Change Receipts from customers 14.7 17.3 -15% Payments to suppliers & employees -14.1 -14.7 -4% Other -0.2 -0.2 +13% Operating Cash Flow 0.4 2.5 -84% Capex -0.0 -0.0 nm Sale of assets 0.5
Slide 10: Balance Sheet
1H26 Balance Sheet For personal use only A$m 31 Dec-25 30 Jun-25 Change Cash 1.7 2.5 -33% Receivables 2.8 3.9 -28% Plant & Equipment 1.1 1.2 -6% Other Assets 18.0 18.1 -0% Total Assets 23.7 25.7 -8% Payables 1.5 1.7 -9% Borrowings 3.5 3.9 -9% Other Liabilities 6.8 7.6 -10% Total Liabilities 10.5 11.
Slide 11: Outlook
Outlook FOS is well positioned to execute on a growing opportunity set For personal use only Orders on hand ($m) Active quotes ($m) 11.1 120 115 115 KLIK order book 110 9.7 ~$5m at acquisition 8.8 8.8 9.0 100 80 6.1 6.2 5.3 56 58 50 42 3.8 3.3 25 1.5 Dec-20 Jun-21 Dec-21 Jun-22 Dec-22 Jun-23 Dec-23
Slide 12: Appendices
For personal use only Appendices
Slide 13: FOS Capital – Introduction
FOS Capital – Introduction Founder-led manufacturer & distributor of commercial LED lighting For personal use only • FOS manufactures a range of commercial luminaires, outdoor fittings, and linear extruded lighting, and distributes a range of commercial and architectural lighting solutions. • The co
Slide 14: FOS Capital – Background
FOS Capital – Background For personal use only History Key Management April 2019 – FOS Lighting Group (100% owned by FOS Capital) founded by FOS MD Con Scrinis and ED Michael Koutsakis to target lighting Con Scrinis requirements in the commercial, retail, and industrial building Managing Director in
Slide 15: FOS Capital – Brands & Solutions
FOS Capital – Brands & Solutions For personal use only FOS Capital | 1H26 Result Presentation 15
Slide 16: Project Examples
Project Examples FOS supports a range of major government & corporate projects For personal use only FOS Capital | 1H26 Result Presentation 16
Slide 17: Contact
For personal use only Contact Con Scrinis, Managing Director con@foslighting.com.au