ASX 200 ends 0.6% down, Kogan falls 8.5%, Service Stream soars 10%

The S&P/ASX 200 Index (ASX: XJO) dropped by 0.6% today to 6,607 points.

Here are some of the highlights from the ASX:

Kogan.com released a trading update for the FY21 first half. The Kogan.com share price fell 8.5% in response.

Across the Kogan Group, which includes Kogan.com and Mighty Ape, it said that gross sales went up 96% and gross profit grew 120%.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) grew by more than 175% and EBITDA went up by more than 140%.

The company said it finished with cash of AU$78.9 million with AU$1.4 million of the group’s debt facility drawn within Mighty Ape.

In terms of active customers, Mighty Ape finished the half-year with 719,000 and Kogan.com finished with…