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%.
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$4.67 |
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Mkt cap ! $472.1M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 416 | $4.64 |
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Price($) | Vol. | No. |
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$4.67 | 8 | 1 |
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3 | 15465 | 4.630 |
2 | 2726 | 4.620 |
4 | 2944 | 4.610 |
5 | 8447 | 4.600 |
Price($) | Vol. | No. |
---|---|---|
4.670 | 8 | 1 |
4.680 | 8470 | 2 |
4.690 | 7740 | 4 |
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