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ASX Announcement • COSOL COSOL Delivers H1 FY21 Earnings ○ Revenue of $ 15.6m - up 45 % on pcp ○ Statutory EBIT of $ 2.56m - up 32 % on pcp EBIT margin of 16 % - consistent with guidance NPAT of $ 1.85m - up 35 % on pcp O Basic EPS 1.43 cents per share • Strong COSOL balance sheet ○ Cash position of $ 9.36m at 31 December 2020 ○ Net debt * of $ 964k at 31 December 2020 . Fully franked interim dividend of 0.5c per share COSOL Brisbane , 24th February 2021 - COSOL Limited ( COSOL , ASX : COS ) is pleased to release financial results for the half year ended December 31 , 2020. COSOL's first half FY21 earnings exceeded its guidance at the AGM in November . Financial highlights COSOL delivered revenue of $ 15.6m up 45 % on prior corresponding period proforma revenue . The COSOL Group's EBIT of $ 2.56m and the statutory NPAT of $ 1.85m is up 32 % and 35 % respectively compared to the proforma prior corresponding period . These results have been achieved without the assistance of Jobkeeper . COSOL Australia has delivered organic revenue growth of 22 % on pcp and organic EBIT growth of 28 % which exceeded guidance of 20 % and 25 % . The basic EPS is 1.43 cents per share for the half year . The directors have declared a fully franked interim dividend of 0.5 cent per share with a record date of 31 March 2021 . * Comprises : Cash $ 9.36m , less Client Advances $ 3.65m , less Term Loans $ 2.75m , less Deferred consideration ( cash component ) $ 3.92m = Net Debt $ 960k COSOL Limited ABN 66 635 371 363 Level 3 , 201 Leichhardt Street , Spring Hill QLD 4000 T +61 7 3129 3341 E info@cosol.com.au W cosol.com.au ASX Announcement 24 February 2021 ASX Code : COS Page 113