COSOL Limited provided revenue guidance for the six months to 31 December 2022 and fiscal year 2023. For the six months, the company expects revenue to be between $35 million and $36 million at 14% EBIT margin.

For the full year, the company expects the strong start to fiscal year 2023 follows a year of strong growth in fiscal year 2022, with revenue up 44% at $48.3 million and EBIT up 40% at $8.1 million. NPAT was also up 38% at $5.5 million and EPS was 4.01 cents, up 31% on the previous year.