The Koala Company Ltd (ASX: KOA) share price will be in focus after the company delivered a $24.6 million net profit for FY26, swinging strongly back to profitability, on revenue up 20.1% to $332.3 million.
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What did The Koala Company report?
- Revenue rose 20.1% to $332.3 million (up 24.4% in constant currency)
- Net profit after tax (NPAT) improved from a $4.6 million loss to $24.6 million profit
- Pro forma EBITDA rose 139% to $27.9 million at an 8.4% margin, beating IPO Prospectus targets
- Group ended the year debt-free, holding $71.2 million in net cash
- Gross margin expanded to a record 65.3% (+2.9 percentage points over FY25)
- No dividends declared for FY26
What else do investors need to know?
FY26 was Koala's first reporting period as an ASX-listed company following its March 2026 debut. The business delivered results ahead of Prospectus forecasts, driven by double-digit growth across all core geographies—Australia, Japan, and the US. Koala also entered the UK, marking its fourth market, using its capital-light global expansion model.
During the year, the company deepened its focus on product innovation, highlighted by launches such as the Torquay and Tamarama modular sofas, and upgraded best-sellers like the Koala Sofa Bed. Strong gross and contribution margin growth reflected disciplined cost control and stable marketing ratios. Koala also accelerated its supplier diversification program to strengthen supply chain resilience.
What did The Koala Company management say?
Co-Founder and CEO Dany Milham said:
We have built a repeatable model that enables us to create category-winning products, strengthen our brand equity, scale efficiently across global markets and generate the cash required to fund future growth. To our shareholders, thank you for backing us. To our customers, thank you for choosing Koala. And to our people, suppliers and partners, thank you for continuing to build alongside us.
What's next for The Koala Company?
Koala expects to deliver further growth in sales and profits over the coming years by expanding ranges, driving innovation, and growing in both existing and new markets. Immediate priorities include strengthening its core product lineup, launching new bedroom and sitting furniture, entering Canada and priority European markets, and boosting brand equity. The company also plans to expand its physical retail footprint and deliver its first stand-alone sustainability report in FY27 in line with new climate reporting standards.
Koala remains focused on scaling its direct-to-consumer and product innovation model, aiming to further expand market share outside Australia.
