Cosmos Health Says It May Use Noncore Assets to Help Fund Future Plans

MT Newswires Live

Mar 20

Cosmos Health (COSM) said Thursday it is considering ways to generate cash from noncore assets to help fund potential investments, debt reduction, or acquisitions.

The company plans to issue updated guidance on its operations and financial outlook after reporting its 2025 results.

The company said it has noncore real estate and digital assets "with an estimated fair market value exceeding $18 million, providing meaningful balance sheet flexibility."

"The war in the Middle East and recent geopolitical turmoil have had a negligible impact on the company's operations," according to a statement.

Cosmos Health said its US business for Sky Premium Life vitamins and supplements has profit margins of 75%, and its NOOR Collagen product is expected to bring in more than $12 million in annual revenue.

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