Key points
- Revenue increased by 9% year-over-year to $399.8m
- Underlying EBITDA to shareholders increased by 28% to $51.5m
- Final dividend increased by 17% to 3.5 cents per share
Full summary
COG Financial Services Ltd announced its FY2026 financial results, highlighting a 9% increase in revenue to $399.8 million and a 28% rise in underlying EBITDA to shareholders to $51.5 million. The company's salary packaging segment saw significant growth with a 66% increase in revenue and a 98% increase in novated lease customers. The broking and aggregation segment also contributed positively with a 5% volume growth and 3% revenue growth. The company declared a final dividend of 3.5 cents per share, a 17% increase from the previous year. COG's net assets financed reached $8.5 billion, a 5% increase year-over-year. The company is targeting a 10% or better growth in EBITDA to shareholders for FY27, supported by market share capture, strong volume growth, and an active M&A pipeline.
Guidance
FY 2027 EBITDA to shareholders growth targeted at 10% or better
Outlook
COG Financial Services Ltd is optimistic about future growth, driven by market share capture, strong volume growth, and an active M&A pipeline.