FOS Capital

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Montserrat

COMPANY UPDATE

ASX Release
6 April 2022

FOS Capital Ltd (ASX:FOS) is pleased to provide the following operational update.

Q3
HIGHLIGHTS
$9.5M
Sales YTD + 70%

Q3 +50%
Avge Revenue per
employee

$5.2M
Order Book +28%

53
Employees +6%

SNAPSHOT

FOS has completed a solid third quarter with orders and sales continuing to increase.
The month of March delivered record sales ($1.5M) and record orders ($1.8M). We are
also beginning to see operational efficiencies as our upgraded operating systems kick
in and volumes increase, this trend will continue as the business reaches critical mass.
Securing the order for Art Gallery NSW was a significant milestone for the company and
we have begun discussions with local councils and engineering firms for our iCore IOT
poles.

Q3
MAJOR
PROJECTS

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OUTLOOK

We will continue building on our established base as we gain traction in NZ. With a
record pipeline of $56M we have laid the foundations for an even stronger 2023. We
are also pursuing further acquisition opportunities to consolidate a fragmented
lighting market.

INVESTOR
BRIEFING

FOS Capital will conduct an interactive online investor briefing on Tuesday 12 April at
11.00 am. You are invited to register using this link.
https://us06web.zoom.us/webinar/register/WN_chMDYsd9SCiYTiT7Bre9Lw

Art Gallery NSW - NSW
Gatten Uni – QLD
Massey UNI – NZ
RACV - VIC

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Whitefriars College -SA
Cabulture Hospital - QLD
Oceania Healthcare – SA
530 Collins St - VIC

This Announcement has been authorised for release to ASX by the board of FOS Capital Ltd.
Con Scrinis
Managing Director
con@foslighting.com.au

FOS MANUFACTURES & DISTRIBUTES COMMERCIAL, INDUSTRIAL & ARCHITECTUAL LED LIGHTING
FOS Capital Ltd ABN:76 637 156 275 Unit 3B 41 Rose Street Richmond Vic 3121 PH:1300 241 087 info@foscapital.com.au

Company Update