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SOCO Returns to Profit, Eyes Growth with New Federal Contract and AI Push

12:12pm on Tuesday 28th of October, 2025 AEDT Information Technology
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SOCO Returns to Profit, Eyes Growth with New Federal Contract and AI Push

12:12pm on Tuesday 28th of October, 2025 AEDT
Key Points
  • FY25 revenue grew 3.6% to $21.3 million with a net profit after tax of $0.07 million
  • Secured a major 3-year Federal Government contract enhancing long-term revenue visibility
  • Client base expanded to 134 active clients with 64% revenue from non-Federal sectors
  • Invested in AI, cybersecurity, and strengthened Microsoft partnerships
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