COG Financial Services Limited ( (AU:COG) ) just unveiled an announcement.
COG Financial Services Limited reported a 6% decrease in NPATA to $11.8 million for the first half of FY25, with a 10% drop in EPSA and a 25% reduction in interim dividend. Despite these declines, the company achieved a 13% growth in assets under management and made several strategic acquisitions, including additional stakes in QPF Holdings and Heritage Finance, as well as full acquisitions of Community Salary Packaging and Cap Coast Home Loans. The company maintains a strong balance sheet with $83.7 million in unrestricted cash, positioning it for further growth through organic means and acquisitions. The novated leasing segment continues to perform well, and the company is focusing on expanding its retail fixed income products.
More about COG Financial Services Limited
COG Financial Services Limited operates in the financial services industry, focusing on finance broking, aggregation, novated leasing, and asset management. The company is involved in providing financial solutions and services, with a market focus on asset finance and novated leasing sectors.
YTD Price Performance: 4.59%
Average Trading Volume: 123,245
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$206.9M
Learn more about COG stock on TipRanks’ Stock Analysis page.