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KOGAN.COM LTD | APPENDIX 4E Appendix 4E - Kogan.com Ltd ABN 96 612 447 293 Year Ended 30 June 2026 ( Previous corresponding period : Year ended 30 June 2025 ) kugan .com Revenues from ordinary activities Profit / ( Loss ) before tax Profit / ( Loss ) after tax 30 June 2026 $ ' 000 30 June 2025 Change Change $ ' 000 $ ' 000 % 510,732 488,107 22,625 4.6 18,652 ( 32,892 ) 51,544 n / a 11,166 ( 39,465 ) 50,631 n / a ABBREVIATED EXPLANATION OF RESULTS Kogan.com Ltd ( " the Group " ) Overview The Group delivered a year of profitable growth in FY26 , with Revenue increasing to $ 510.7 million ( FY25 : $ 488.1 million ) and Profit after Tax improved to $ 11.2 million ( FY25 : loss of $ 39.5 million , inclusive of a Goodwill write - down ) . The result reflects continued growth across Kogan.com's diversified revenue streams , improved operating leverage and significant progress in Mighty Ape's strategic turnaround . During FY26 , Kogan.com continued to strengthen its Platform - based Sales¹ model , delivering growth across its Marketplace , Verticals , Loyalty and Advertising , while also growing Product sales and maintaining disciplined operating cost management . This translated into Adjusted EBITDA 2,3 growth and expanded operating margins , demonstrating the scalability of the Group's capital - light operating model . Following the operational reset undergone over the past two years , Mighty Ape returned to positive Adjusted EBITDA 2,3 performance in the final quarter of the year , underpinned by a streamlined cost base , improved inventory quality and the continued expansion of high - margin platform businesses including Mighty Mobile , Mighty Ape Marketplace and the PRIMATE loyalty program . The Group closed the year with $ 36.4 million in cash and no external debt , having returned $ 33.2 million to shareholders through $ 20.2 million of share buy - backs and $ 13.0 million of dividends ( net of the DRP ) . Inventory at year end totalled $ 77.9 million , comprising $ 63.0 million held in - warehouse and $ 14.9 million in - transit , positioning the Group well to support future growth . Kogan.com Kogan.com continued to deliver growth across its diversified revenue streams in FY26 , with Revenue increasing 16.2 % to $ 425.2 million . Growth was driven by expansion across all divisions , while disciplined cost management improved operating leverage and supported higher growth in Adjusted EBITDA . 1. Refers to Revenue generated by non - inventory sales . 2. Kogan.com believes that non - IFRS measures referred to in this document may provide useful information to recipients for measuring the underlying operating performance of the Business . Non - IFRS measures are not subject to audit . 3. Refer to the Results Presentation dated 24 August 2026 for a detailed reconciliation to the Adjusted Net Profit After Tax result . Adjusted NPAT excludes equity - based compensation & associated expenses , non - recurring items and non - cash items . 1