Kogan.com Ltd
F:UZQ
Kogan.com Ltd
Kogan.com Ltd. operates as an online retailer with a portfolio of retail and services businesses that includes Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Broadband, Kogan Insurance and Kogan Travel. The company is headquartered in South Melbourne, Victoria. The company went IPO on 2016-07-07. The firm's businesses include Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Travel, Kogan Money, Kogan Cars, Kogan Energy, Dick Smith and Matt Blatt. Its offering comprises products under exclusive brands, such as Kogan, Ovela, Fortis, Vostok and Komodo (Exclusive Brands Products) and products sourced from imported and domestic third-party brands. In addition to product offerings, the Company earns seller-fee based revenue from Kogan Marketplace and commission-based revenue from the New Verticals, including Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Money, Kogan Cars, Kogan Energy and Kogan Travel. The firm's subsidiaries include Kogan Mobile Operations Pty Ltd, Kogan Mobile Pty Ltd, Kogan Australia Pty Ltd and Kogan HR Pty Ltd.
Kogan.com Ltd. operates as an online retailer with a portfolio of retail and services businesses that includes Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Broadband, Kogan Insurance and Kogan Travel. The company is headquartered in South Melbourne, Victoria. The company went IPO on 2016-07-07. The firm's businesses include Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Travel, Kogan Money, Kogan Cars, Kogan Energy, Dick Smith and Matt Blatt. Its offering comprises products under exclusive brands, such as Kogan, Ovela, Fortis, Vostok and Komodo (Exclusive Brands Products) and products sourced from imported and domestic third-party brands. In addition to product offerings, the Company earns seller-fee based revenue from Kogan Marketplace and commission-based revenue from the New Verticals, including Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Money, Kogan Cars, Kogan Energy and Kogan Travel. The firm's subsidiaries include Kogan Mobile Operations Pty Ltd, Kogan Mobile Pty Ltd, Kogan Australia Pty Ltd and Kogan HR Pty Ltd.
Kogan.com Growth: Kogan.com delivered strong first-half results with revenue up 17% and gross sales surpassing $0.5 billion, growing 21% year-on-year.
Profitability & Margins: Adjusted EBITDA rose 18% to $27.6 million, with margins expanding to 11.9% and strong cash generation of $45.1 million free cash flow.
Mighty Ape Reset: Mighty Ape revenue fell 25% due to a strategic inventory reset, but underlying cost base improvements are setting up for a return to profitability in the second half.
Platform-Based Sales: Platform-based revenue streams (marketplace, loyalty, verticals) saw strong growth, with Kogan Marketplace revenue up 31.6% and loyalty revenue up 7.6%.
Cash & Dividends: The group ended the half with $71.8 million in cash, remains debt-free, and increased its interim dividend to $0.080 per share.
Guidance & Outlook: Management expects group adjusted earnings margins of 6% to 9% for FY26 and sees a clear path to over 20% margins long-term, especially as Mighty Ape recovers.
