Earnings release
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#COG Financial Services Limited 11 October 2021 The Manager - Listings Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 Q1 FY22 Unaudited Trading Results COG Financial Services Limited ( COG ) is pleased to announce its unaudited Q1 FY22 results . Ignoring Government subsidies received in Q1 FY21 , COG's underlying trading performance for the quarter is expected to be approximately $ 4.7 million of NPATA attributable to shareholders , an increase of 147 % on the prior comparative period ( excluding Government subsidies ) . NPATA¹ to shareholders ( Unaudited ) Q1 FY222 Government subsidies Q1 FY223 Q1 FY212 FY22 Government subsidies FY21 Q1 FY213 $ m $ m $ m $ m $ m $ m Finance Broking & 3.1 3.1 2.2 0.9 3.1 Aggregation Lending 1.9 1.9 0.5 0.2 0.7 Other / Intersegment Total ( 0.3 ) 4.7 ( 0.3 ) ( 0.8 ) 0.2 ( 0.6 ) 4.7 1.9 1.3 3.2 1 Underlying Net profit after tax and before amortisation and write - off of acquired intangibles 2 Excluding Government subsidies 3 Including Government subsidies . FY22 includes $ nil ( FY21 : $ 1.3m ) of Government subsidies ( post tax and attributable to shareholders ) . 4 Q1 FY22 includes $ 0.4m ( Q1 FY21 : $ nil ) share of results from associate Earlypay Limited ( EPY ) , based on EPY NPATA earnings guidance of 40 % + growth in FY22 ( refer EPY ASX release dated 26 August 2021 ) 5 Changes in COG's percentage ownership in subsidiaries are summarised in its ASX announcement dated 26 August 2021 Commenting on the performance , COG CEO , Andrew Bennett said : " This is another strong result notwithstanding the challenges of lockdowns , border closures and supply chain constraints and validates COG's model of being diversified across geography , industry and asset class " . Announcement authorised by : Patrick Tuttle , Chairman For further information please contact : Andrew Bennett Chief Executive Officer M 0405 380 241 Level 1 , 72 Archer Street Chatswood NSW 2067 // ABN 58 100 854 788 coglimited.com.au