Kogan.com (ASX:KGN) reported adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of AU$10.1 million for the first four months of fiscal year 2026, down 31.3% across the period, driven by losses at its Mighty Ape business in New Zealand, according to a Friday Australian bourse filing.
The firm's Chief Executive, Ruslan Kogan, said it was confident that the financial performance of Mighty Ape would return to profitability in the fiscal second half.
The firm's shares climbed 1% in recent trading on Friday.