Ann: July 2022 Business Update, page-57

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Kogan surged 50.2 per cent to $4.70. Gross profits fell 19.1 per cent in financial 2022 despite sales inching higher. Full-year profit slipped to $184.6 million from the year-earlier $203.7 million. Earnings before interest, tax, depreciation and amortisation, on an adjusted basis, fell more than 40 per cent to $19.1 million.Despite this, the company pointed to 0.1 per cent growth in gross sales, which pushed the measure to a new record, and profit growth in the final quarter of the financial year, as signs of strength