Online discounter Kogan has beaten forecasts for the three months to the end of June, producing new operating cashflows of $9.9 million for the quarter.
Online discount retailer Kogan has upgraded its full-year profit guidance and is now expecting EBITDA — earnings before interest, tax, depreciation and amortisation — to be more than $11.5 million for the full year 2017, an increase from previous guidance of between $10.5 and $11.5 million.
Online retailer Kogan has outstripped profit predictions for the first half of its first year of trading as a public company. (We have republished this story as we had made an unfortunate error in a previous report. We apologise for the mistake).
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