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SOCO’s Record First-Half Sales Signal Turnaround Despite Revenue Dip
4:04pm on Friday 27th of February, 2026 AEDT
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Information Technology
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SOCO’s Record First-Half Sales Signal Turnaround Despite Revenue Dip
4:04pm on Friday 27th of February, 2026 AEDT
Key Points
12% revenue decline to $9.7 million, driven by 39% drop in Axsym revenue
Core business revenue grew 8.2%, offsetting some losses
$4.6 million goodwill impairment related to Axsym acquisition
Strongest first-half contracted sales on record, over $10 million
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SOCO CORPORATION (ASX:SOC)
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