Kogan.com Ltd
KGN: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&TPWC | LOCK|>& | LOCK|!ZFPC&& |
Kogan Earnings: New Zealand Inventory Unwind Masks Strong Core Business
Kogan's first-half fiscal 2026 underlying NPAT declined 1% to AUD 12 million. The smaller New Zealand business dragged heavily on group profits. The Australian Kogan.com platform increased EBITDA by 18% on 17% higher revenue. The interim dividend is up 14% to AUD 0.08. Shares were up 6%.
