Highlights

  • Koala Company (ASX:KOA) traded at AUD 3.70, up 6.17% during the afternoon Trading session on 26 August 2026.
  • FY26 Revenue increased 20.1% to $332.3m, while constant currency growth reached 24.4%.
  • Pro forma EBITDA increased 139.2% to $27.9m, ahead of the $24.8m Prospectus forecast.
  • The company expanded into the United Kingdom and delivered growth across all four markets.
  • Koala ended FY26 debt-free with net cash of $71.2m.

Koala Company Limited (ASX:KOA) has reported its FY26 financial results, highlighting record revenue, significant Earnings growth and continued international expansion across its furniture and sleep categories.

The company traded at AUD 3.70, up 6.17% during the afternoon trading session on 26 August 2026. Over the past year, Koala Company’s share price has declined 2.63%.

Koala delivered revenue of $332.3m during FY26, representing 20.1% growth on a reported basis and 24.4% growth in constant currency terms. The company also expanded margins, launched new products and entered the United Kingdom market during the year.

Financial Performance

Koala reported pro forma EBITDA of $27.9m for FY26, increasing 139.2% from $11.7m in FY25 and exceeding the $24.8m forecast outlined in the company’s Prospectus dated 13 March 2026.

Statutory EBITDA increased 203.7% to $22.4m, compared with $7.4m in FY25.

Revenue increased to $332.3m from $276.7m, while contribution Margin increased 31.2% to $88.0m.

The company’s gross margin improved by 2.9 percentage points to 65.3%, while contribution margin increased 2.2 percentage points to 26.5%.

Koala reported NPAT of $24.6m for FY26, compared with a $4.6m loss in FY25.

Balance Sheet Strength

Koala entered FY27 with a strengthened financial position.

The company generated cash from operations of $28.6m, net of Lease liabilities, and finished FY26 debt-free with net cash of $71.2m.

Koala said the Balance Sheet provides flexibility to continue investing in product innovation, Brand development and international expansion opportunities.

Australian Market

Koala’s Australian segment delivered continued growth during FY26 despite challenging consumer conditions.

Revenue increased 10.7% to $166.7m.

Gross margin expanded to 61.8%, while contribution margin increased by 3.0 percentage points to 29.8%.

The company maintained its Marketing ratio at 16.7% while continuing to invest in product development and brand initiatives.

FY26 also marked Koala’s tenth anniversary, with the company continuing to expand its product offering across furniture and sleep categories.

Japan Growth

Koala’s Japanese Business continued scaling during FY26, with revenue increasing 23.5% in local currency terms to $89.4m.

Growth was supported by Demand across the mattress range and increasing interest in sofa beds.

Gross margin expanded 4.1 percentage points to 68.1%, while contribution margin increased 5.1 percentage points to 28.6%.

Contribution profit increased 38.0% compared with FY25, reflecting improved operating performance in the market.

United States Expansion

The United States remained Koala’s fastest-growing market during FY26.

Revenue increased 67.6% in local currency terms to $74.9m.

Gross margin expanded 3.8 percentage points to 69.8%, while Gross Profit increased 68.4% to $52.3m.

The company said growth in the US market was supported by continued demand across its existing product range and increasing contribution from new product launches.

Product Innovation

During FY26, Koala launched new and next-generation products across sitting furniture and sleep categories.

The company continued strengthening its product portfolio while expanding its global market presence.

Koala said product innovation remains a key priority as it seeks to improve customer experience and support growth across existing and new markets.

FY27 Trading Update

Koala entered FY27 with continued business momentum.

For the eight weeks to 23 August 2026, ordered revenue increased 27% year-on-year in constant currency terms and 20% in reported Australian dollar terms.

The company has continued executing initiatives aligned with its growth strategy, including the global launch of the Pantone collaboration.

Koala’s FY27 priorities include strengthening its core product range, expanding sitting furniture offerings, entering new global markets through a capital-light model and increasing brand leverage.

Growth Strategy

Koala currently operates across four markets, representing an estimated $52bn addressable opportunity across sitting furniture and mattresses.

The company plans to continue expanding its product categories and geographic presence while maintaining a disciplined approach to growth.

CEO and Co-Founder Dany Milham said FY26 was a defining year for Koala, with record revenue and profitability, new product launches, market expansion and completion of the company’s ASX listing.

Investor Takeaway

Koala Company’s FY26 results highlight strong revenue growth, improved margins and significant EBITDA expansion across its global operations. The company has entered FY27 with a debt-free balance sheet, net cash position and continued momentum across its markets. Investors may continue watching product innovation, international expansion, brand development and the company’s ability to sustain growth across its furniture and sleep categories.