Retail business Kogan.com (ASX:KGN)
today announced its half year results showing gross sales of $322.9 million, up 16.4 per cent on prior year of $277.3 million.
Revenue of $219.5 million, was down 5.3 per cent on prior year when it stood at $231.8 million.
This is due largely to the growth of Kogan Marketplace in respect of which only the seller fees are recognised as Revenue.
NPAT grew 20.8 per cent to $8.9 million.
The company will pay a fully franked Interim dividend of 7.5 cents per Share, up 22.9 per cent on prior year of 6.1 cents per Share.
Shares in Kogan.com (ASX:KGN)
are trading 2.33 per cent lower at $5.04.