Kogan records 20% fall in 1H profit as Mighty Ape weighs on earnings

9:17am on 23 February 2026

The news: Electronics retailer Kogan reported a 20.2% slide in first-half statutory profit to $8.2 million, dragged down by lower earnings from its Mighty Ape subsidiary.

The numbers: The profit result fell short of consensus estimates of $10.4 million, according to Visible Alpha data. Revenue lifted 5.5% year on year to $287.6 million, as gross margin added 2.2% to 39.7%.

Mighty Ape revenue fell 25% year on year to $55.2 million, with adjusted EBITDA swinging to a $3.2 million loss.

Kogan declared an interim dividend of 8 cents per share, up from 7 cents per share a year earlier.

The source: ASX

Kogan records 20% fall in 1H profit as Mighty Ape weighs on earnings

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