• Revenue of $363.5m, up 1% on prior year
• NPATA of $24.0m, down 1% on prior year but up 4% excluding TL Commercial
• Novated Leasing segment delivered 26% EBITDA growth
• Divested non-core investments to focus on core operating segments

COG Financial Services Limited (ASX:COG) has announced the release of its audited results for the financial year ended 30 June 2025. The company reported revenue of $363.5m, an increase of 1% on the prior year. NPATA attributable to shareholders was $24.0m, down 1% on the prior year, but up 4% on the prior year after allowing for the diminished contribution of COG's TL Commercial lease business in run-off. The company's Novated Leasing segment continued to deliver strong profitable growth, with EBITDA to shareholders up 26% on the prior year. COG also divested its non-core investments in Earlypay Limited (ASX:EPY) and Centrepoint Alliance Limited (ASX:CAF) to focus on its core operating segments. The company declared a fully franked final dividend of 3.0 cents per share and acquired an additional 5% equity interest in QPF Holdings Pty Ltd and a 70% interest in the business and consumer lending finance broker AAA Finance and Insurance (Australia) Pty Ltd.

COG expects ongoing organic growth in its Novated Leasing segment as it continues to capture opportunities driving uptake with current partners, assisted by current government incentives on electric vehicles. The company also expects to continue to pay a fully franked dividend at a similar payout ratio.

COG will remain active in identifying strategic acquisitions to add to the organic trajectory of its business segments. The company also advises that its future performance analysis will focus on EBITDA rather than the historic focus on NPATA, and that Insurance Broking will be an area of increased focus.