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Kogan.com Ltd (ASX:KGN)

ALERT: Price-sensitive ASX Announcement for KGN
Current share price for KGN : $3.780 0.69 (22.33%)+
Announcement
Release
23 Feb 2026 8:43AM
Price at Release
$3.090
Full Release
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Summary
Kogan.com Ltd announced its results for the half-year ended 31 December 2025, showing significant growth in various financial metrics. The company reported a 16% increase in gross sales to $572.4 million and a 5% rise in revenue to $287.6 million compared to the previous year. Kogan.com achieved a 28% growth in active customers, totaling 3 million, while Mighty Ape saw a 5% increase in their active customers. The company maintained a strong cash position with $71.8 million and no external debt. Its financial performance was driven by increased efficiencies, with a focus on marketing investment and operational leverage leading to improved adjusted EBITDA and EBIT margins. Kogan Marketplace, Kogan FIRST, and Kogan Verticals all reported record results, demonstrating the scalability of Kogan.com's business model. The company declared a 14.3% increase in the interim dividend to 8 cents per share. Looking forward, Kogan.com plans to continue investing in sustainable growth and expanding its platform-based sales while maintaining a cautious approach given economic conditions in New Zealand.
Key Points
  • Gross sales increased by 16% to $572.4 million.
  • Revenue rose by 5% to $287.6 million.
  • Kogan.com active customers grew by 28% to 3 million.
  • Mighty Ape active customers increased by 5%.
  • Cash reserves of $71.8 million with no external debt.
  • Interim dividend raised by 14.3% to 8 cents per share.
  • Focus on sustainable growth and platform-based sales.
  • Economic headwinds in New Zealand remain a concern.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.