Kogan.com Ltd. · ASX:KGN
Kogan.com — Shareholder Meeting (November 2025)
15 slides from Kogan.com's shareholder meeting presentation, Nov 21, 2025
Slide 1: 2025 Annual General Meeting
2025 Annual General Meeting 21 November 2025
Slide 2: Important notice.
Important notice. This disclaimer applies to this Presentation and the information contained in it (the “Presentation”). By reading this disclaimer you agree to be bound by it. Important notice and disclaimer: This Presentation contains a general summary of the activities of Kogan.com Ltd (the Compa
Slide 3: Your Board.
Your Board. Greg Ridder Janine Allis Francine Ereira David Shafer Independent Non-Executive Independent Non-Executive Independent Non-Executive CFO & COO, Executive Chair Director Director Director Harry Debney Gary Levin Ronn Bechler Ruslan Kogan Independent Non-Executive Independent Non-Executive
Slide 4: Chair's address.
Chair’s address. Greg Ridder Independent Non-Executive Chair 3
Slide 5: FY25 Group highlights.
FY25 Group highlights. Th e Gro p grew c sto ers increased reven e and i proved cas generation u u m , u m h . Group Active Customers1 Platform-based Sales2 Revenue 3.5 million $111.9 million Increasing by 35% YoY Increasing by 24% YoY Kogan Products3 Revenue Free Cash Flow4 $258.1 million $32.4 mil
Slide 6: Enhanced governance, oversight and accountability.
Enhanced governance, oversight and accountability. The Board undertook a number of initiatives to strengthen alignment with shareholders. Board renewal successfully undertaken, increasing independence. Executive remuneration structure revamped to focus on long-term shareholder value. Delivering shor
Slide 7: CEO's address.
CEO’s address. Ruslan Kogan Founder, CEO and Executive Director 6
Slide 8: Kogan Group's strategy.
Kogan Group’s strategy. How we deliver unbeatable value. Product division Exclusive Brands range Direct from warehouse to customer with end- to-end supply chain control. Products are priced highly More competitively to deliver More subscribers & unbeatable value to customers. Platform- Product based
Slide 9: Kogan Group aspirations.
Kogan Group aspirations. Our roadmap for the years ahead. Our strategy is to deliver compelling value, driving customer growth and leveraging Platform-based Sales1 to maximise overall profitability. Adjusted EBITDA2 Medium-term Adjusted Long-term Adjusted margins in FY25 EBITDA2 margin aspirations E
Slide 10: FY25 Group results.
FY25 Group results. Kogan.com drove Group performance, while strategic investments at Mighty Ape are expected to deliver long-term benefits. Gross Sales1 YoY Gross Profit YoY Adjusted EBITDA2 YoY 20% YoY 21% YoY 13% YoY $793.9m $36.9m $661.2m $32.6m Kogan.com $128.7m $156.0m FY24 FY24 FY24 FY25 FY25
Slide 11: FY25 Kogan.com performance.
FY25 Kogan.com performance. All divisions of Kogan.com contributed to the strong results achieved. Kogan Products Kogan FIRST +15.4% YoY +17.5% YoY FY25 Revenue: $258.1m FY25 Revenue: $51.3m Kogan Marketplace Kogan Verticals +34.2% YoY +14.4% YoY FY25 Revenue: $29.4m FY25 Revenue: $22.9m 10
Slide 12: Mighty Ape recovery & enhancement.
Mighty Ape recovery & enhancement. On track to return to profitability in 2HFY26. COMPLETE Alignment of sourcing and marketing processes across the Group, as well as Introduction of a Marketplace and enhanced PRIMATE loyalty program clearance activity since May-25, has enabled the right-sizing of in
Slide 13: Kogan Group trading - November 2025 updated.
Kogan Group trading - November 2025 updated. Kogan.com remained the key performance driver, with Mighty Ape impacted by the operational and inventory reset. Kogan.com delivered a 10.6% Adjusted EBITDA margin in the first four months of FY26, while Mighty Ape recorded a loss, consistent with FY26 gui
Slide 14: Thank you.
Thank you.
Slide 15: kogan
kogan