Kogan Group FY26 Results: Exceeding $1 Billion in Gross Sales
Key points
- Kogan Group's Gross Sales exceeded $1 billion, up 12% YoY
- Kogan.com delivered strong growth with a 16% increase in Revenue
- Mighty Ape completed its operational reset, achieving positive Adjusted EBITDA in 4QFY26
- Cash balance stood at $36.4 million with no external debt
- Total FY26 dividend increased by 14.3% YoY
Full summary
Kogan.com Ltd announced its FY26 results, highlighting significant growth and operational improvements. Gross Sales reached $1,042.3 million, up 12% YoY, driven by Kogan.com's 16% Revenue increase to $425.2 million and Gross Profit increase to $184.8 million. Mighty Ape completed its operational reset, achieving positive Adjusted EBITDA in 4QFY26. The Group maintained a strong cash position with $36.4 million in cash and no external debt. Inventories increased to $77.9 million, and Operating Cash Flow rose by 12.5% to $41.9 million. The company also returned $34.9 million to shareholders through dividends and a share buy-back program.
Guidance
Kogan Group expects FY27 to build on FY26's progress with a focus on disciplined growth and AI-driven efficiencies.
Outlook
Kogan Group enters FY27 with positive momentum, aiming to leverage operational efficiencies and AI to drive growth and profitability.
Summary generated by a large language model. Please interpret with care.