Key points
- Record quote pipeline and strengthened order book support improved FY27 performance
- Identified $2m annualised cost savings, $1m already implemented
- FY26 results impacted by softer market conditions and delayed project awards
Full summary
FOS Capital Ltd reported a challenging FY26, with results below expectations due to softer market conditions and delayed project awards. However, the company saw a strengthened order book of $10 million, the highest level in over two years, and a record quote pipeline of $130 million, supporting improved revenue visibility for FY27. Management identified approximately $2 million in annualised cost savings, with around $1 million already implemented. The company is well positioned to benefit from a strengthened order book, record quote pipeline, and ongoing cost reduction programs.
Guidance
Record quote pipeline and strengthened order book support improved FY27 revenue visibility
Outlook
The Group entered FY27 with a $10 million order book, its highest level in over two years, and a record $130 million active quote pipeline, supporting improved revenue visibility and future order conversion opportunities.