Brief: Kogan.Com Says Q3 Gross Sales Declined 28.0% YoY

Kogan.com

26/04/2023 01:57

April 26 (Reuters) - Kogan.com Ltd  KGN.AX :
    * 3QFY23 GROSS SALES OF A$188.7 MILLION DECLINED 28.0% YOY
    * GROUP ACTIVE CUSTOMERS WERE 3.06 MILLION AS AT MARCH 31
    * 3QFY23 ADJUSTED EBITDA WAS A$4.4 MILLION
    * GROSS MARGIN INCREASED 6.5PP TO 31.6% OVER QUARTER
    * 3Q EBITDA WAS LOSS OF A$4.0 MILLION
    * INTENDS TO UNDERTAKE AN ON-MARKET SHARE BUY-BACK PROGRAM
UP TO A
MAXIMUM OF 10% OF ISSUED ORDINARY SHARES, STARTING 12 MAY

Source text for Eikon:  ID:nASXSfD97 
Further company coverage:  KGN.AX 

 ((Reuters.Briefs@thomsonreuters.com;))