Latest Fos Capital (ASX:FOS) News

FOS Capital has completed a $1.55 million placement at $0.12 a share, giving the lighting and electrical services group fresh funding for growth initiatives. A further $310,000 director subscription remains subject to shareholder approval.

FOS Capital has secured firm commitments for a non-underwritten $1.86 million placement at $0.12 a share and will seek up to another $750,000 through a Share Purchase Plan. The raise will fund working capital, the Queensland Schools Lighting Upgrade Program, Aldridge Traffic Systems expansion and cost-reduction initiatives.

FOS Capital anticipates a sharp earnings turnaround in FY27, driven by cost cuts, a $10 million order book, and a record $130 million pipeline.

FOS Capital has kicked off orders under the Queensland Schools Lighting Upgrade Program, aiming to generate $2.5 million in sales over the next 6-9 months and boosting its secured order book to about $10 million.

FOS Capital reported a 12% revenue decline and an EBITDA loss of $0.5 million in FY26, impacted by softer market conditions and project delays. However, a $10 million order book and record $130 million pipeline set the stage for a potential turnaround in FY27.

FOS Capital's subsidiary has landed a $1 million contract for lighting at Monash Medical Clinic, boosting its order book to $10 million and reinforcing its healthcare sector presence.

FOS Capital's Aldridge Traffic Systems subsidiary has landed a $0.5 million contract to supply advanced ITS lighting for the NELP Eastern Freeway Upgrade, marking its largest order since acquisition and boosting the group’s order book to $9 million.

FOS Capital, through its Aldridge Traffic Systems arm, has landed its largest contract to date, supplying advanced ITS lighting for a major Victorian freeway upgrade, lifting its order book to $9 million.

Big swings hit ASX financials this week as profit updates, takeover votes and cost cuts drove fast re-pricing. The winners paid (or promised) cash. The laggards spooked investors with losses, restructures or shaky earnings outlooks.

FOS Capital Ltd has revealed a decline in revenue and increased losses for the half-year ending December 2025, impacted by significant one-off restructuring costs related to Aldrige. No interim dividend was declared, reflecting cautious management amid ongoing challenges.

FOS Capital Limited reported a solid 47.5% jump in net profit for the 2025 financial year alongside a modest revenue increase, announcing a final dividend of 1 cent per share.

FOS Capital reported solid FY25 results, driven by organic growth and key acquisitions that expanded its market footprint and improved profitability. The company’s strategic moves position it well for continued consolidation in the fragmented lighting industry.