FY25 Guidance Upgraded

• Revenue for FY25 expected to be between $52 million and $54 million, an improvement of 20% to 24% on the prior year
• Profit before tax for FY25 forecast to be in the range of $12.0 million to $14.0 million, an improvement of 69% to 97% on the prior year
• Strong performance and improved outlook across key financial metrics

Cogstate Ltd (ASX:CGS) today announces an upgrade to its financial guidance for the financial year ending 30 June 2025 (FY25), reflecting strong performance and improved outlook across key financial metrics. The Company expects revenue for the second half of FY25 to be in the range of $28.1 million to $30.1 million, representing a material improvement on the first half of FY25 (1H25). Full year revenue is anticipated to be between $52 million and $54 million - an improvement of 20% to 24% on the prior year. Profit before tax for the second half of FY25 is expected to be between $6.8 million and $8.8 million, with full year profit before tax forecast to be in the range of $12.0 million to $14.0 million - an improvement of 69% to 97% on the prior year. Cogstate Ltd expects to release its audited financial statements on 22 August 2025.

Revenue for FY25 expected to be between $52 million and $54 million, an improvement of 20% to 24% on the prior year. Profit before tax for FY25 forecast to be in the range of $12.0 million to $14.0 million, an improvement of 69% to 97% on the prior year.