Key points
- Gross Sales exceeded $1 billion with a YoY increase of 12.0%
- Adjusted EBITDA increased by 13.8% YoY to $41.8 million
- Kogan.com delivered a 16.2% YoY increase in revenue and 22.4% in Adjusted EBITDA
Full summary
Kogan.com Ltd announced its FY26 results with gross sales exceeding $1 billion, a 12% increase year-over-year. The company reported an adjusted EBITDA of $41.8 million, up 13.8% from the previous year. Kogan.com, the flagship division, saw a 16.2% increase in revenue and a 22.4% increase in adjusted EBITDA. Mighty Ape, the other major division, showed signs of recovery with positive adjusted EBITDA in the fourth quarter. The company also highlighted the implementation of AI across its operations to drive efficiencies and improve decision-making. Kogan.com Ltd plans to focus on growing Kogan.com earnings and continuing the Mighty Ape operational reset in FY27.
Guidance
Kogan Group reaffirms its medium-term adjusted EBITDA margin aspirations towards 12%.
Outlook
The company remains focused on growing Kogan.com earnings and continuing the Mighty Ape operational reset, with a well-positioned capital base to build on FY26 progress.