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The latest update is out from Kogan.com ( (AU:KGN) ).
Kogan.com delivered a solid first-half FY26 result, with group revenue supported by 16.9% growth at its core Kogan.com business to $232.4 million, partially offset by a 25.3% revenue decline at Mighty Ape as it undertook an inventory clearance and operational reset. Group gross profit rose 7.8% to $114.2 million on a 39.7% gross margin, while active customers increased nearly 23% to 3.7 million, underpinned by disciplined marketing investment.
The group reported statutory profit after tax of $8.2 million and adjusted profit after tax of $12.2 million, broadly flat year on year, and generated $46.9 million in operating cash flow to finish the half with $71.8 million in cash and no debt. Reflecting the profitable performance and strengthened balance sheet, the board declared an increased fully franked interim dividend of 8.0 cents per share, reinstated the share buy-back, and indicated that Mighty Ape’s reset is positioning the segment for improved efficiency and earnings quality.
The most recent analyst rating on (AU:KGN) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Kogan.com stock, see the AU:KGN Stock Forecast page.
More about Kogan.com
Kogan.com is an online retail group operating through its core Kogan.com platform in Australia and New Zealand-based Mighty Ape, offering a broad range of consumer products via e-commerce. The business targets value-conscious shoppers, leveraging digital channels and data-driven marketing to grow its active customer base across its markets.
YTD Price Performance: -12.81%
Average Trading Volume: 426,393
Technical Sentiment Signal: Sell
Current Market Cap: A$308.2M
For detailed information about KGN stock, go to TipRanks’ Stock Analysis page.