What Did The Koala Company (ASX:KOA) Report in Its First FY26 Results as a Listed Company?

Sonal Goyal

21 October 2026 09:51 PM AEDT

What Did The Koala Company (ASX:KOA) Report in Its First FY26 Results as a Listed Company?

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key highlights

Koala reported FY26 Revenue of $332.3 million, up 24.4% in constant currency, and pro forma EBITDA of $27.9 million, up 139.2%, in its 26 August 2026 release.
The result was ahead of the $24.8 million forecast in the March 2026 prospectus.
Koala ended FY26 debt-free with net cash of $71.2 million and entered the United Kingdom.

On 21 October 2026, The Koala Company Ltd (ASX:KOA) finished the session at $5.10, down 1.73%. The S&P/ASX 200 Consumer Discretionary [XDJ] ended at 3,741.90 (+0.34%, +12.50 points), the S&P/ASX 200 [XJO] at 8,831.30 (+0.16%) and the All Ordinaries at 8,956.60 (+0.14%) at 5:00 pm GMT+11. The Koala Company is a direct-to-consumer furniture and sleep Brand operating in Australia, Japan and other markets.

What Koala does

The Koala Company Limited sells sofas, mattresses and other furniture directly to consumers online and through showrooms. It operates in four markets after entering the United Kingdom, including Australia and Japan, and listed on the ASX in March 2026.

FY26 results

In an ASX announcement dated 26 August 2026, Koala reported revenue of $332.3 million, up 20.1% (24.4% in constant currency), contribution Margin of $88.0 million, up 31.2%, and gross margin of 65.3%, up 2.9 percentage points. Pro forma EBITDA was $27.9 million, up 139.2%, 12.7% ahead of the prospectus forecast, with a margin of 8.4%. Statutory EBITDA was $22.4 million, statutory EBIT was $17.4 million and statutory NPAT was $24.6 million compared with a loss of $4.6 million.

Segments and balance sheet

Australian revenue rose 10.7% to $166.7 million with contribution margin up 3.0 points to 29.8%, and Japanese revenue rose 23.5% in local currency to $89.4 million. Cash from operations net of Lease liabilities was $28.6 million, and Koala ended the year debt-free with net cash of $71.2 million. It launched new sitting furniture and sleep products and entered the UK.

Sector context

Consumer discretionary companies depend on household spending, travel, leisure and housing activity, and they are tracked through the S&P/ASX 200 Consumer Discretionary index, which closed at 3,741.90, up 0.34%, on 21 October 2026 alongside a 0.16% rise in the S&P/ASX 200 to 8,831.30. Direct-to-consumer furniture retailers depend on housing activity, Marketing efficiency and consumer demand.

Risks and uncertainties

Pro forma figures adjust for IPO and public company costs and differ from statutory results. The company is newly listed, its UK entry is early stage, and consumer demand, marketing costs, currency and competition can affect results.

Catalysts to watch

Items to watch include UK launch progress, Japan growth, product launches and the half-year result.

Closing perspective

Koala’s 26 August 2026 release recorded higher revenue and margins, net cash and a UK entry. The next result will show how growth continues.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.