Loading companies…

SOCO Corporation Ltd ASX:SOC

0 opened or increased0 held0 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 0 reduced. 1 managers in total.

Position history by manager 1 managersSelect a point to see the comment

Opened or increasedHeldReduced or exited Start or end of the position not reported

20252026

28 Feb 2024 to today

Commentary 1 comments

DateManagerActionSummary

28 Feb 2024DMX Asset ManagementHeldDMX Asset Management continues to hold SOCO Corporation Ltd because it believes the company is well-positioned to benefit from a recovering federal government technology consulting market following a period of significant disruption caused by the 2023 Big Four consulting scandal in Canberra. DMX Asset Management notes that SOC had grown strongly prior to early 2023, driven by demand for digital transformation consultancy services from federal and state governments, but was caught increasing headcount at the wrong time. The fund observes that delayed projects have since commenced and that SOC — as an independent, Australian-owned consultancy — is well-placed to capture pent-up demand and benefit from Canberra's push toward sovereign procurement and non-Big Four providers. It also anticipates a full-year contribution from a recent strategic acquisition in FY25.

Monthly Report, price recorded $0.12

The source document link is a Pro feature

First mention by manager

Price recorded at each manager's first comment

Price at first mentionThe share price recorded when each of 1 managers first commented on SOC.

View Pro

About SOCO Corporation Ltd

Industrials, IT Services

SOCO Corporation (ASX:SOC), a Microsoft-focused IT consultancy, was followed by DMX Asset Management after a slowdown in growth. In February 2024, DMX noted SOCO had a strong record of growth until early 2023, driven by demand for its digital transformation consulting services, primarily from federal and state governments, before conditions became more challenging as government technology spending slowed. SOCO Corporation operates in the Information Technology sector within the IT Services industry, and Thesis Tracker has captured 1 comment from 1 fund manager, DMX Asset Management. Founded in 2013 by Sebastian Rizzo, Tom Rock, Carlo Liviani, Anand Raju and Stevan Simovic and headquartered in Brisbane, SOCO is an IT consultancy that delivers enterprise-grade software, cloud, data and automation solutions built on Microsoft technologies, serving government agencies and corporate clients across Australia, and has been working to rebuild its revenue pipeline and diversify its client base beyond the public sector.

Market cap: $5m
Return on equity: -117.8%
Dividend yield: 0.0%
Net margin: -30.8%
52-week range: $0.04 to $0.07

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in SOCO Corporation Ltd (ASX:SOC)?

Fund managers including DMX Asset Management have invested in SOCO Corporation Ltd (ASX:SOC).

What opportunities or catalysts do fund managers highlight for SOCO Corporation Ltd?

DMX points to SOCO's historical record of strong growth in digital transformation consulting, primarily for government clients, as the foundation of its investment case.

What are the key risks to the SOCO Corporation Ltd investment thesis, according to fund managers?

DMX notes SOCO's growth stalled from early 2023, reflecting its reliance on government clients and sensitivity to changes in public sector technology spending.

What does SOCO Corporation Ltd (ASX:SOC) do?

SOCO Corp. Ltd. is a Brisbane-based IT consultancy founded in 2013 by Sebastian Rizzo, Tom Rock, Carlo Liviani, Anand Raju, and Stevan Simovic. The company specializes in delivering enterprise-grade software solutions using Microsoft Cloud technologies, including Azure, Dynamics, Office 365, SharePoint, Business Central, and the Power Platform. SOCO Corp. operates across four primary business segments: computer hardware and software services, computer facilities, internet-specific services, and labor-based computer assistance services. The firm provides integrated IT support and consultancy to enterprise clients, leveraging its expertise in the Microsoft ecosystem to drive digital transformation.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

Disclaimer Terms of Use Privacy Complaints Contact

Loading…