Kogan.com (ASX:KGN) report the largest customer increase for August

Company News

by Rachael Jones

Kogan.com (ASX:KGN) reports the largest monthly increase for August in the history of the company.

Active Customers grew to 2,461,000 as at 31 August 2020, an incremental 152,000.

Gross Sales grew more than 117 per cent year on year gross profit grew more than 165 per cent year on year.

Marketing Costs reflected the largest monthly marketing investment in the history of the Company.

Shares in Kogan.com (ASX:KGN) are trading 6.9 per cent higher at $20.55.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.