Revenue soars at Aussie online retailer Kogan.com

The company ended the third quarter with almost 1.3 million active customers, up from 1.17 million in December and cash of A19.3 million. Picture / AP

Australian online retailer Kogan.com's revenue has jumped by 46.1 per cent for the third quarter as customer numbers and the value of transactions continued to grow.

Kogan, which sells products ranging from consumer electronics to insurance and pet accessories, says its gross transaction value rose nearly 50 per cent during the three months to March 31.

The company ended the third quarter with almost 1.3 million active customers, up from 1.17 million in December and cash of A19.3 million ($20.5m).

Shares in Kogan were down 5 per cent at A$8.78 during morning trading, however it is still up 23 per cent from A$6.78 at the start of the year.

Founder and chief executive Ruslan Kogan said the latest quarterly cash flow statement showed the company's strong growth since it listed on the sharemarket in July, 2016 was continuing.

"The business is firing on all cylinders and is performing well across the board," Kogan said.

The company was poised for a strong fourth quarter, which was helped by the seasonally busy end-of-financial year, he said.

Kogan.com expanded into offering pet insurance, life insurance and low cost NBN internet service earlier this month.

This is on top of its existing offering of health insurance, travel insurance and travel deals and an expanded retail products range since its share market launch.

E-commerce entrepreneur Ruslan Kogan bought the Dick Smith brand in March 2016 for A$2.6 million. Just a day after the last of the 390 bricks and mortar stores closed, the new Dick Smith website was launched in both countries.

The deal was for the online stores only, plus the Dick Smith brand and its associated intellectual property.