Business
Profit up 270% in FY21 YTD, is the Kogan.com share price a buy?
Is the Kogan.com Ltd (ASX: KGN) share price a buy after holding its annual general meeting (AGM) and revealing that its profit was up 270% in the year to date of FY21?
What is Kogan.com?
Kogan.com is an e-commerce business that sells a variety of products or services. It has an online marketplace where it sells a wide array of products like TVs, appliances, devices, furniture, food, toys, garden items, shoes, clothes and so on.
The company also sells a variety of other services like insurance, money products (like credit cards and superannuation), travel, cars, internet and mobile.
Kogan.com also has a membership program called Kogan First which provides members with free shopping and some other benefits.
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