Online retailer Kogan continued to increase its net profit after tax, amassing AU$26.8 million for the 2020 financial year -- a jump of 56% from the previous financial year.
Gross sales and revenue for the year were AU$769 million and AU$498 million, respectively, which are increases of 39.3% and 13.5% from the prior year.
The company also saw its active customer base expand during FY2020, with Kogan reporting it has 2.18 million customers as of 30 June 2020. By comparison, the online retailer had 1.6 million customers at the same time a year prior.
