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Cettire Ltd. ( (AU:CTT) ) has provided an announcement.
Cettire Limited reported a slight decline in sales revenue for Q1 FY26, with a 3% decrease compared to the previous year, amid challenging market conditions. Despite this, the company achieved an improved adjusted EBITDA and a significant increase in gross revenue outside the USA, highlighting the success of its localization strategy and focus on profitability. The company continues to face uncertainty in the US market but remains committed to its strategy of geographic diversification and self-funded growth.
The most recent analyst rating on (AU:CTT) stock is a Sell with a A$0.20 price target. To see the full list of analyst forecasts on Cettire Ltd. stock, see the AU:CTT Stock Forecast page.
More about Cettire Ltd.
Cettire is a global online platform launched in 2017, specializing in personal luxury goods. It offers a wide range of products including clothing, shoes, bags, and accessories from over 2,500 luxury brands and 500,000 products. The company focuses on expanding its market presence in the global luxury goods sector.
Average Trading Volume: 6,633,502
Technical Sentiment Signal: Hold
Current Market Cap: A$249.7M
See more data about CTT stock on TipRanks’ Stock Analysis page.