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The latest update is out from Cettire Ltd. ( (AU:CTT) ).
Cettire Limited reported a 12% increase in gross revenue to $514.1 million and an 11% rise in sales revenue to $394.0 million for the first half of fiscal year 2025, despite a challenging market environment for luxury goods. The company achieved an adjusted EBITDA of $12.1 million, reflecting improved profit margins and strategic cost management, while active customers grew by 21% to approximately 695,000. Cettire’s focus on repeat customers, who accounted for 67% of gross revenue, and a reduction in customer acquisition costs contributed to its financial performance. The company ended the period with a strong cash position of $101.0 million and no financial debt, positioning it well for future growth as market conditions normalize.
More about Cettire Ltd.
Cettire Limited is a global luxury online platform based in Melbourne, Victoria, specializing in high-end fashion and luxury goods. The company focuses on delivering a wide range of luxury products to a global customer base through its online platform.
YTD Price Performance: -20.53%
Average Trading Volume: 2,666,536
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$457.5M
See more data about CTT stock on TipRanks’ Stock Analysis page.