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Kogan.com Ltd (ASX:KGN)

ALERT: Price-sensitive ASX Announcement for KGN
Current share price for KGN : $3.310 -1.2 (-26.61%)+
Announcement
Release
24 Aug 2026 9:34AM
Price at Release
$4.510
Full Release
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Summary
Kogan.com Ltd delivered a robust financial performance in FY26, reporting a profit after tax of $11.2 million, reversing the previous year's loss. Revenue increased to $510.7 million, driven by growth across its platform-based sales model, including Marketplace and the Kogan FIRST loyalty program. The company maintained disciplined cost management, which resulted in an expanded gross margin and higher adjusted EBITDA. Marketplace revenue grew significantly, and Mighty Ape returned to profitability. The Board announced a fully franked final dividend of 8.0 cents per share, reflecting confidence in the company's financial health. With a cash balance of $36.4 million and no external debt, Kogan.com also continued its share buy-back program, emphasizing shareholder returns.
Key Points
  • Kogan.com Ltd reported a profit after tax of $11.2 million for FY26, a significant improvement from the previous year's loss of $39.5 million.
  • Revenue increased to $510.7 million, up 4.6% from FY25.
  • Gross profit grew by 33.4% to $64.3 million, with a gross margin expansion of 2.4 percentage points to 21.1%.
  • Kogan.com's platform-based sales model saw revenue increase by 11.7% to $120.5 million.
  • The Kogan FIRST loyalty program generated $57.0 million in revenue, up 11.0%.
  • Marketplace revenue grew by 20.3% to $35.4 million.
  • Mighty Ape's operational reset led to a positive Adjusted EBITDA of $0.4 million in the final quarter.
  • Total inventory at year-end was $77.9 million, with $63.0 million in-warehouse and $14.9 million in-transit.
  • The Board declared a fully franked final dividend of 8.0 cents per ordinary share.
  • Kogan.com maintained a cash balance of $36.4 million with no external debt.
  • The company continued its share buy-back program, returning $20.2 million to shareholders.
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.