SOCO Corporation has returned to profitability in FY25, driven by strategic contract wins and client diversification. The company is now focusing on expanding recurring revenues and leveraging AI and cybersecurity capabilities for future growth.
SOCO Corporation Ltd has reported a return to profitability in FY25, driven by revenue growth and strategic investments. The company is now focused on disciplined execution and client diversification to sustain momentum into FY26.
SOCO Corporation Ltd reported a 3.6% revenue increase to $21.29 million for FY25, reversing prior losses with a modest net profit after tax. Operational improvements and strategic hires underpin the company’s renewed momentum.
SOCO Corporation Ltd has posted a preliminary 18% increase in first-half FY2025 revenue to $11 million, yet project delays and reduced federal government demand temper full-year growth expectations.