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Cettire Ltd. ( (AU:CTT) ) has provided an announcement.
Cettire Limited reported stable revenue for FY25 despite challenging market conditions, with gross revenue at $975.3 million and sales revenue at $742.1 million. The company faced a decline in active customers and a significant drop in adjusted EBITDA due to aggressive promotional activities and foreign exchange losses. Despite these challenges, Cettire maintained a strong focus on repeat customers, who accounted for 68% of gross revenue, and continued to expand in emerging markets, particularly in Asia and the Middle East.
The most recent analyst rating on (AU:CTT) stock is a Sell with a A$0.28 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 Limited is a global luxury online platform that focuses on the personal luxury goods market. The company offers a wide range of luxury products and has a strategic emphasis on geographic revenue diversification and supply chain growth.
Average Trading Volume: 5,902,598
Technical Sentiment Signal: Sell
Current Market Cap: A$108.7M
For an in-depth examination of CTT stock, go to TipRanks’ Overview page.