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Kogan.com Ltd (ASX:KGN)

ALERT: Price-sensitive ASX Announcement for KGN
Current share price for KGN : $4.190 1.1 (35.60%)+
Announcement
Release
23 Feb 2026 8:55AM
Price at Release
$3.090
Full Release
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Summary
Kogan.com Ltd's 1HFY26 results show robust growth in Gross Sales and Revenue, along with a strategic focus on inventory optimization and operating efficiency. The company implemented the 'One Group Strategy' to streamline operations and enhance scalability. Key revenue drivers include Kogan Marketplace and Mighty Ape Marketplace. Adjusted EBITDA reached $24.4 million, with the company demonstrating strong cash flow performance.
Key Points
  • Kogan.com Ltd reported its 1HFY26 financial results.
  • The company saw an increase in Gross Sales and Revenue by 16.2% and 5.5% respectively, compared to the prior corresponding period.
  • Adjusted EBITDA for the group was $24.4 million with a margin of 8.5%.
  • Kogan.com focused on inventory optimization, reducing inventory by 32% over the half.
  • Operating leverage improved as operating costs as a percentage of revenue decreased.
  • The Group has implemented the 'One Group Strategy,' aiming for efficiency and scalability.
  • Kogan Marketplace and Mighty Ape Marketplace are key revenue drivers.
  • Mighty Ape’s integration under Kogan aims to enhance operating efficiency.
  • The Group's cash flow remained strong with a net cash increase and significant free cash flow.
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.