Kogan.com Ltd's stock surged 12.21% during intraday trading on Tuesday, following the release of a positive business update and financial results.
The company reported a 6.0% increase in group revenue to A$433.7 million for the ten-month period and a Group Adjusted EBITDA of A$37.5 million. Investors reacted positively to these financial metrics and the details provided in the May 2026 business update, which indicated improved operational performance.
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