• Revenue of $251.0m, up 7% on pcp
• EBITDA to shareholders of $18.6m, down 1% on pcp
• NPATA to shareholders of $11.8m, down 6% on pcp

COG Financial Services Ltd reported its 1H2025 results, with revenue up 7% on the prior comparative period (pcp) to $251.0m. This growth was driven by the company's Novated Leasing segment, which continued to see strong performance, as well as increased contribution from Asset Management & Lending activities. However, EBITDA to shareholders was down 1% on pcp to $18.6m, reflecting compressed lending margins, investments in people and technology infrastructure, and a higher contribution from Earlypay and Centrepoint Alliance. NPATA to shareholders was $11.8m, down 6% on pcp. The company continued to execute on its acquisition strategy, completing several transactions since 1 July 2024. To ensure effective capital management and efficient funding of potential acquisitions, COG has lowered its dividend payout ratio to circa 50% of NPATA and suspended the Dividend Reinvestment Plan for the interim dividend.

COG has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.