Five takeaways from Kogan’s IPO plans

Australian online retailer Kogan.com released its initial public offering (IPO) plans last week, as the company hopes to raise $50 million in share sales. Kogan.com was founded in 2006 by entrepreneur Ruslan Kogan and currently attracts more than 620,000 unique customers per annum. The company’s revenue for the 2015 financial year was $200.3 million, which […]

Dominic Powell 15 June, 2016

Australian online retailer Kogan.com released its initial public offering (IPO) plans last week, as the company hopes to raise $50 million in share sales.

Kogan.com was founded in 2006 by entrepreneur Ruslan Kogan and currently attracts more than 620,000 unique customers per annum.

The company’s revenue for the 2015 financial year was $200.3 million, which increased to approximately $201.1 million for the current financial year. Revenue is forecast to increase to $241.2 million for the 2017 financial year.

The prospectus reveals Kogan.com