Slide 1: When Reliability Matters
When Reliability Matters FY25 Results | 20 August 2025
Slide 2: Important notices & disclaimer
Important notices & disclaimer USE OF THIS DOCUMENT You must read the following notices before reading or making any use of this document or any information contained in this document. By continuing to read, use or otherwise act on this document, you agree to be bound by the following terms and cond
Slide 3: COSOL's growth story at a glance
COSOL’s growth story at a glance Asset Management as a Service driving consistent revenue growth, more predictable revenue streams Key Highlights Key Highlights Global Leader in Global Delivery Platform $116M+ Enterprise Asset Management Designed for Scalability ~13% One of the largest pure-play EAM
Slide 4: Key FY25 operating highlights
Key FY25 operating highlights COSOL’s technology-enabled platform now supporting full deployment of Asset Management as a Service Completed the acquisition of Toustone, accelerating our data and AI capabilities which underpin our unique AMaaS 1 market position 2 Market leading position across the 4
Slide 5: Customer journey: from volume to value
Customer journey: from volume to value Taking our valued customers on a pathway to greater understanding and exploitation of their asset base Acquire Improve Operate lue a dd, da t a and AI-based solutions Higher va Digital Asset Management Asset Management Services Asset Management as-a-Service (AM
Slide 6: Helping Metro Trains Sydney run on time
Helping Metro Trains Sydney run on time Underpinning economic efficiency for the network operator OPERATION OVERVIEW In 2016, COSOL partnered with Metro Trains Sydney (MTS) to implement the Asset Management System to support the Australia’s only fully accessible, driverless train service. Customer N
Slide 7: FY25 financial highlights
FY25 financial highlights Revenue and EBITDA growth underpinned by organic performance 1 15% Revenue growth driven by 10% organic growth and the acquisition of Toustone 2 85% cash conversion of EBITDA 3 7% underlying EBITDA growth underpinned by strong organic revenue growth 4 Restructure Debt Facil
Slide 8: FY25 earnings highlights
FY25 earnings highlights Group revenue increase of 15% supported by ~10% organic growth boosting underlying EBITDA Revenue ($m) Underlying EBITDA1 ($m) Underlying NPATA1 ($m) Underlying EPS1 (cents) +15% +7% +3% -9% 116.8 16.8 9.9 5.24 15.7 9.6 101.9 4.78 FY24 FY25 FY24 FY25 FY24 FY25 FY24 FY25 • Up
Slide 9: Continued CAGR growth across key metrics
Continued CAGR growth across key metrics Solid organic business coupled with new opportunities generated off the back of acquisition strategy creating platform for further growth across key metrics of the business Revenue ($m) Underlying EBITDA1 ($m) Underlying NPATA1 ($m) Underlying EPS1 (cents) 36
Slide 10: Cashflow and balance sheet highlights
Cashflow and balance sheet highlights Disciplined capital management providing flexibility for continued growth, with contingent consideration covered by restructured bank facility ($’000) FY25 FY24 Movement Key Metrics: Current Ratio 1.49 1.38 0.11 • Cash conversion increased by 8.8 points on the b
Slide 11: FY25 financials
FY25 financials Summary Earnings Table ($’000) FY25 FY24 YoY YoY % Revenue 116,808 101,933 14,875 14.6% Gross Profit 37,091 34,245 2,846 8.3% Gross Margin 31.8% 33.6% -1.84% - Opex 21,306 19,210 2,096 10.9% 1 Underlying EBITDA 16,795 15,660 1,135 7.2% Underlying EBITDA % 14.4% 15.4% -1.2% - Acquisit
Slide 12: FY25 financials
FY25 financials Balance sheet Balance Sheet ($’000) 30-Jun-25 31-Dec-24 30-Jun-24 Movement YoY Cash 6,090 3,646 6,616 -526 Other Current assets 26,321 28,692 23,473 2,848 Current Assets 32,411 32,337 30,089 2,322 Goodwill 80,063 86,588 69,249 10,814 Other non-current assets 20,799 18,453 13,216 7,58
Slide 13: Revenue by capability, industry and customer
Revenue by capability, industry and customer Continued expansion of our higher value revenue stream of Product and IP Product led services, within a diversified customer base with top 10 customers representing 40.1% of revenue Revenue by Capability Top 10 Customer Revenue by Industry Concentration %
Slide 14: COSOL's corporate journey: from capability to longevity
COSOL’s corporate journey: from capability to longevity Building capability, acquiring customers – then leading along the services curve to reliable, predictable revenue Horizon 1 – 2: Acquire & Integrate Horizon 3 – 4: Expand & Secure Foundations: Customer & Wallet Share: Leverage of Offering: Recu
Slide 15: Focus Areas for FY26
Focus Areas for FY26 COSOL’s technology-enabled platform now supporting full deployment of Asset Management as a Service Operating restructure aligning accountabilities to maximise revenue growth and expand operating margins to deliver 1 double digit EBITDA growth 2 Continued growth of multi-year re
Slide 16: APPENDICES
®cosot APPENDICES
Slide 17: Our strategic vision – Asset Management as a Service
Our strategic vision – Asset Management as a Service Driving efficiency and reliability through the exploitation of data Optimising performance of physical assets COSOL delivers digital solutions Asset and services to asset centric Management organisations to enhance as a Service efficiency, reduce
Slide 18: Data and AI underpin AMaaS
Data and AI Asset Management as a Service underpin AMaaS Shifting COSOL to predictable, reliable revenue growth from multi-year contracts COSOL’s ecosystem built Data Analytics & AI around deep asset management expertise, skills in all major Asset & Works technology platform and our Management own p
Slide 19: COSOL's blue-chip customers
COSOL’s blue-chip customers Reliability, efficiency and economic returns are critical – failure is not an option N AT U R AL ENERGY GOVERNMENT I N F R AS T R U C T U R E RESOURCES & W AT E R & DEFENCE & T R AN S P O R T DTP selected COSOL to deliver asset management services to help it build a digit
Slide 20: Operational Focus
Verticalized Go-to-Market Clear go-to-market strategy across mission critical industries Natural Transport & Government GTM Org Structure Energy & water Resources Infrastructure & Defence • Mining • Transport • Defence • Water utilities • Mining Services • Logistics • Federal Government • Electricit
Slide 21: Asset Management as a Service growth drivers…
Asset Management as a Service growth drivers… …which COSOL’s technology-enabled data/AI capability is perfectly positioned to address Growth Driver Description Market Impact Need to digitise asset Predictive maintenance, real-time asset monitoring, real time financial impact oversight and management
Slide 22: Performance by capability area
Performance by capability area Margin improvement across Product and Product Led Services FY25 Revenue % Gross Margin % Repeatable Revenue 1 PRODUCT & $27.9m 43% ~50% PRODUCT-LED Lower percentage due ($22.7m FY24) (38% FY24) to project based nature SERVICES of engagements 2 MANAGED $29.2m 45% ~100%
Slide 23: Underlying to statutory reconciliation
Underlying to statutory reconciliation Definitions and calculations of presentation 1. Underlying EBITDA is statutory earnings before interest, tax, depreciation and 3. Underlying NPATA is statutory net profit after tax (NPAT) before amortisation of amortisation, as well as business acquisition and
Slide 24: END
COSOL END www.cosol.global