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SOCO finds H2 momentum after Axsym write-down

3:55pm on Wednesday 30th of September, 2026 AEST • Information Technology
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SOCO finds H2 momentum after Axsym write-down

3:55pm on Wednesday 30th of September, 2026 AEST
Key Points
  • $6.35m statutory net loss, including a $5.12m non-cash Axsym impairment
  • FY26 revenue fell 3.1% to $20.6m while gross margin improved to 25.6%
  • H2 revenue rose 12.5% to $10.9m and gross margin recovered to 30.5%
  • More than $24m in contracts signed during FY26
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