Top 1000 Australian Companies - Kogan (KGN)

Just thought I'd share some more positive news as it's nice to see Kogan recognised for the hard work and results they continue to deliver even amidst challenging retail conditions.

Here's the link https://is.gd/wiXrgz

"Skyrocketing revenue has earned online retailer Kogan, fashion giant Noni B and accounting platform Xero a place among Australia’s top 1000 companies for 2018. New GST laws may have tempered the views of Kogan’s investors last year, but it hasn’t stopped Ruslan Kogan’s fast-growing online retail empire from hitting new heights, debuting on this year’s list at 910 with $412 million in revenue, up 42.3%."

Another reference to the achievement here as it was originally Ibisworld who compiled the top 1000 Australian companies list.

https://is.gd/7VRN0i

"Online marketplace Kogan has been named on IBISWorld’s 2018 list of top 1000 companies in Australia, landing at position 910.The list provides an overview of Australia’s corporate landscape, and highlights the largest firms, growing and declining sectors, and new businesses to watch in the coming years.The placement was earned due to the retailer’s expanded service offering and growth of Kogan Mobile generating a reported revenue growth of 10.6 per cent over the 2018-19 financial year – totalling $231.8 million.Kogan landed ahead of online marketplace Amazon, which placed at 968, while digital leader Accent Group placed at position 612 on the list."

Good result here, nice to see that Kogan beat Amazon and with the recent launch of Kogan Marketplace I'd say it's going to heat up.