FOS Group is looking to issue 12,000,000 shares at an issue price of 0.25cents
The FOS Group is an existing lighting provider with an established client base. The FOS Group designs, manufactures and sells high quality lighting products to the commercial, retail and industrial building industry.
With the recent acquisition of JSB Lighting, the Company is now able to service customers in each state of Australia and in New Zealand.
Typically, the FOS Group’s products are specified into a project at the design stage and after a successful tender, orders are received and processed. The FOS Group receives the majority of its orders from electrical wholesalers.
link to prospectus:
https://dl.airtable.com/.attachments/0f50777613f1d93f94cceaaca4a3d4ad/aef85223/FOSCAPITALLTDPROSPECTUS04.30.2021.pdf
FOS Group has made a profit in 2019, 2020 and 2021 - however 2020 and 2021 include jobkeeper payments.
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