FOS Capital - 1H FY25 Presentation

Open PDF
Stock FOS Capital Ltd (FOS.ASX)
Release Time 19 Feb 2025, 8:34 a.m.
Price Sensitive Yes
 FOS Capital reports strong 1H FY25 results
Key Points
  • Sales up 42% to $14.0m, EBITDA up 62% to $1.4m
  • Earnings per share increased 508% to 1.5 cents
  • Entered exclusive distribution agreement with RP Group for emergency & exit lighting
Full Summary

FOS Capital Ltd, an ASX-listed manufacturer and distributor of commercial LED lighting, has reported strong financial results for the first half of the 2025 financial year. Sales increased by 42% to $14.0 million, while EBITDA grew by 62% to $1.4 million, driven by operating leverage and the successful integration of the transformational KLIK Systems acquisition. Earnings per share increased by 508% to 1.5 cents. The company's growth strategy of consolidating fragmented markets through organic growth and strategic acquisitions continues to pay dividends, with the five acquisitions executed to date being successfully integrated and optimized. FOS Capital has also announced an exclusive distribution agreement with leading global emergency and exit lighting products manufacturer RP Group, which expands the company's total addressable market from approximately $500 million to more than $700 million. The company remains well-positioned to support ongoing government infrastructure spending and maintain its position as a key provider of choice for its customers.

Guidance

FOS Capital expects to continue its strong financial performance, with revenue, EBITDA and earnings growth expected to be maintained in the second half of FY25 and beyond.

Outlook

FOS Capital is well-positioned to execute on a growing opportunity set, with a strong order book and active quotes providing good visibility heading into the second half of FY25 and beyond. The company remains focused on accretive and strategic acquisitions, with several currently under consideration, to further consolidate its fragmented markets and drive continued growth.