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Cettire Updates Executive Remuneration Amidst Significant Growth

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Cettire Updates Executive Remuneration Amidst Significant Growth

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An announcement from Cettire Ltd. ( (AU:CTT) ) is now available.

Cettire Limited has announced changes to the remuneration terms for its Founder & CEO, Dean Mintz, and CFO, Timothy Hume, marking the first significant amendment in five years. This change follows the company’s substantial growth, with revenue increasing from $23 million in FY20 to $742 million in FY25, and its expansion into 56 countries. The revised compensation packages were developed after a benchmarking analysis against comparable companies, reflecting Cettire’s increased scale and complexity.

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 online platform launched in 2017, specializing in offering a wide selection of in-demand personal luxury goods. The company has access to an extensive catalogue of over 2,500 luxury brands and 500,000 products, including clothing, shoes, bags, and accessories.

Average Trading Volume: 5,902,598

Technical Sentiment Signal: Sell

Current Market Cap: A$108.7M

For a thorough assessment of CTT stock, go to TipRanks’ Stock Analysis page.

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