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Kogan.com provided Business Update: Active Customers Raised to ~1.9 Million Over April 

  • May 12, 2020 12:53 PM AEST
  • Team Kalkine

ASX-listed online retail company, Kogan.com Limited (ASX:KGN) provided a business update in light of the current dynamic trading environment mentioning that active customers grew to 1.948 million over April due to the lockdowns.

Gold MTF non-AMP

The Company disclosed that gross Sales rose by more than 100% and gross profit grew by more than 150%.

Moreover, the Company highlighted that it continues to invest heavily in building its brand and increasing active customers.

The stock price of KGN rose by 7.057% to $8.950 on 12 May 2020 (At AEST 12:24 PM).

 


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