Kogan enters list of top 1000 Australian companies
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.
According to the report, over 75 per cent of the companies on the list lifted their revenue over the course of the year, with total revenue across the list having increased 1.5 per cent year on year, while over 70 per cent of businesses remained profitable.
Other notable retailers on the list included:
- Wesfarmers: 2
- Woolworths: 4
- Metcash: 26
- Aldi: 49
- 7-Eleven: 84
- Harvey Norman: 123
- Cotton On: 157
- Myer: 158
- Super Retail Group: 160
- David Jones: 175
- Costco: 244
- Ikea Australia: 323
- Luxottica: 480
- The Reject Shop: 527
- Michael Hill: 710
- Nike: 772
- Retail Food Group: 995
- Noni B: 997
This is an adapted version of a story that originally appeared on sister-site Inside Retail Australia.
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