Cettire Ltd. (AU:CTT) has released an update.
Cettire Ltd., a luxury online retailer, has reported an impressive growth in FY24, with an 81% increase in gross revenue to $978.3 million and a 78% rise in sales revenue to $742.3 million. Active customers grew by 64%, reaching nearly 692,000, and repeat customers now represent 61% of gross revenue, indicating strong customer loyalty. The company also achieved a significant adjusted EBITDA of $32.5 million and ended the year with a strong cash position of $79.0 million, maintaining zero financial debt.
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