Kogan 'firing on all cylinders' after bumper first half

Online seller uses AI to hype results as sales boom

Shares in an Australian online retailer have spiked on strong first-half sales growth, but its trading update for...

Kogan 'firing on all cylinders' after bumper first half

Shares in an Australian online retailer have spiked on strong sales growth, as it assured investors its loss-making brand is on a path to profitability.

Kogan Exceeds Expectations, Shares Jump

Kogan.com Ltd (KGN) has reported a strong first half, surpassing expectations across key financial metrics. According to RBC Capital Markets analyst Wei-Weng Chen, the company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 23 per cent, while adjusted profit was 28 per cent higher than consensus estimates. Kogan.com is an Australian online retailer offering a variety of products and services. The company a…

Kogan.com 'firing on all cylinders', founder says, as group profit falls 20%

Kogan Group (ASX: KGN) saw sales increase 16% on 12 months ago, to A$572.4 million, with revenue up 5% to $287.6m.

This online ASX retailer is trading strongly higher after beating earnings expectations

Shares in ecommerce company Kogan.com Ltd (ASX: KGN) are trading higher after the company reported what one broker has called a "very strong result''. In a statement to the ASX on Monday, Kogan.com said it had boosted gross sales by 16%, while revenue was 5% higher at $287.6 million. Adjusted EBITDA was $24.4 million, down 3% on the same period the previous year, while net profit of $8.2 million was down 20%. Despite a decline in some figures, t…