Australia's COSOL plunges most in over one week on downbeat results

Cosol

08/08/2025 04:02

** Shares of COSOL COS.AX fall as much as 3.4% to A$0.565, their biggest intraday loss since July 29

** The tech co posts unaudited revenue of A$116.8 million ($76.15 million) for FY25, below its guidance of A$118 million-A$121 million

** Its unaudited statutory EBITDA for FY25 is A$15.8 million, below its guidance range

** Co says weaker results due to timing issues with product sales

** YTD, shares down 45.7%

($1 = 1.5337 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))