FOS Capital targets profitability after $7.2M quarter
- FOS Capital forecasts Q1 FY27 revenue of $7.2 million and EBITDA of $0.5 million following operational updates.
- The board expects a return to overall profitability in FY27 alongside significant earnings improvements.
- Growth is supported by $2 million in annualised cost savings, a $10 million order book, and a $130 million quote pipeline.
FOS Capital (ASX:FOS) announced expected Q1 FY27 revenue of $7.2 million and EBITDA of $0.5 million, marking the second-strongest quarterly sales performance in the company's history.
The forecast follows a period of cost reductions, an expanded order book, and improving trading conditions across the business.
The update details $2 million of annualised cost savings identified by management, with approximately $1 million already implemented and the remainder targeted during FY27.
The company highlighted continuous commercial momentum, including an order book of $10 million, a record active quote pipeline of $130 million, and a $2.5 million Queensland Schools Lighting upgrade programme.
Following the announcement, the FOS Capital share price was unchanged at $0.14.
FOS Capital operates as a specialised provider in the commercial and industrial lighting industry, offering manufacturing and distribution solutions across Australia and New Zealand.
The company has expanded its market footprint by pursuing infrastructure opportunities and completing strategic acquisitions, such as Aldridge Traffic Systems and Glowing Structures.
