KGN 1.58% $4.36 kogan.com ltd

Ann: Kogan.com - April 2024 Business Update, page-8

  1. 152 Posts.
    lightbulb Created with Sketch. 43
    I have no idea where you got those figures from. Note that they spent $34M in the buyback. Plus $11M payment for the Mighty Ape Tranche 4 payment.

    Platform-based Sales
    1 contributed 61.6% of Gross Sales in 3QFY24.
    ○ The new Advertising Platform is continuing to scale, generating $0.8 million in Revenue
    during the period.
    ● Group Active Customers were 2,660,000 as at 31 March 2024, consisting of 1,950,000 for
    Kogan.com and 710,000 for Mighty Ape.
    ● Kogan FIRST Subscribers
    2
    totalled over 472,000 as at 31 March 2024, compared to over 407,000 as
    at 31 March 2023. Kogan FIRST membership cost was increased from $99 to $129 on 8 April 2024.
    ● The Group’s return to strong profitability continued:
    ○ Adjusted EBITDA
    3 was $9.0 million (3QFY23: $4.4 million)
    ○ Adjusted EBIT
    3 was $5.3 million (3QFY23: $0.2 million)
    ● The Company’s Balance Sheet remains strong, underpinned by:
    ○ Cash totalling $34.1 million, with no external debt, as at 31 March 2024, compared to net cash
    (after loans & borrowings) of $49.1 million as at 31 March 2023. This result was achieved after
    completing the Mighty Ape Tranche 4 payment (being the final tranche) of $10.9 million and
    investing $33.8 million into the Company’s Share Buy-Back program over the past 12 months.
    ○ Inventories totalling $71.1 million as at 31 March 2024, comprising $61.1 million in-warehouse
    and $10.0 million in-transit. The inventory balance represents a YoY reduction of 9.2%.
 
watchlist Created with Sketch. Add KGN (ASX) to my watchlist
(20min delay)
Last
$4.36
Change
-0.070(1.58%)
Mkt cap ! $439.5M
Open High Low Value Volume
$4.45 $4.51 $4.35 $2.541M 576.8K

Buyers (Bids)

No. Vol. Price($)
3 15340 $4.36
 

Sellers (Offers)

Price($) Vol. No.
$4.38 7695 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
KGN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.