City Chic Collective Limited (CCX) AI Stock Analysis

• Market Cap: AU$44.29M
• Dividend Yield: N/A
• Average Volume (3M): 383.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.99
• Revenue Growth: 2.35%
• EPS Growth: 95.03%
• Country: AU
• Employees: 546
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Retail
• EPS (TTM): >-0.01
• Shares Outstanding: 385,157,800
• 10 Day Avg. Volume: 312,086
• 30 Day Avg. Volume: 383,396
• PEG Ratio: 0.04
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 0.14
• P/FCF Ratio: -2.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.25
• Price Target Upside: 108.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: AU$0.14 ▲(20.00% Upside)

City Chic Collective Limited's overall stock score is primarily influenced by its financial performance challenges, including high leverage and negative cash flow growth. While technical analysis shows strong bullish momentum, the valuation remains unattractive due to negative profitability metrics. The absence of earnings call insights and corporate events leaves the financial and technical factors as the primary drivers of the score.

Positive Factors

Specialist plus-size apparel franchise

A focused specialty brand in plus-size apparel provides durable market positioning versus general apparel peers. Persistent underserved demand and tailored product design, combined with branded awareness, support repeat purchases and pricing power across online and physical channels over coming years.

Material recent revenue expansion

Significant top-line growth indicates strong product-market fit and enables scale benefits: improving fixed-cost absorption, greater buying leverage with suppliers, and the runway to fund marketing and fulfillment investments that can sustain expansion over multiple quarters.

Ability to convert income to cash

A positive free cash flow to net income ratio shows management can translate reported earnings into cash selectively, supporting debt servicing and reinvestment. This cash conversion trait can materially improve liquidity management and strategic optionality if sustained.

Negative Factors

High financial leverage

A debt-to-equity ratio above 1.0 raises structural risk: interest costs and covenant pressure can limit capital allocation, increase refinancing vulnerability, and constrain funding for growth initiatives. Over months, leverage magnifies operational setbacks and reduces strategic flexibility.

Negative operating and free cash flow

Sustained negative operating and free cash flow with steep cash-flow contraction undermines liquidity, forcing reliance on external financing or asset sales. Given the company’s leverage, weak cash generation materially increases solvency risk and limits ability to invest in growth or weather demand shocks.

Persistently unprofitable at net level

Negative net and EBIT margins show the company fails to convert healthy gross margins into overall profitability. Structural cost or operating inefficiencies, discounting, or elevated overhead can erode equity over time and hinder capacity to self-fund expansion or reduce debt levels.

City Chic Collective Limited Business Overview & Revenue Model

Company Description

City Chic Collective Limited operates as a retailer of plus-size women's apparel, footwear, and accessories in Australia, New Zealand, the United States, Canada, the United Kingdom, and rest of Europe. It offers its products under the City Chic, Avenue, Evans, CCX, Hips & Curves, Fox & Royal, and Navabi brands. The company operates a network of 90 retail stores. It also sells its products through online and wholesale stores. The company was formerly known as Specialty Fashion Group Limited and changed its name to City Chic Collective Limited in November 2018. City Chic Collective Limited was incorporated in 1992 and is based in Alexandria, Australia.

How the Company Makes Money

City Chic Collective Limited generates revenue primarily through the sale of its apparel and accessories, targeting the plus-size market segment. The company's revenue model includes direct sales from its e-commerce platform, as well as income from physical retail stores. Key revenue streams consist of product sales, seasonal collections, and promotional campaigns. Additionally, CCX may engage in collaborations with influencers or brands, enhancing its visibility and sales through strategic partnerships. The company's focus on customer loyalty and repeat purchases further contributes to its earnings.

City Chic Collective Limited Financial Statement Overview

Summary

City Chic Collective Limited is experiencing strong revenue growth, but profitability and cash flow challenges persist. The high debt levels and negative return on equity indicate financial instability, while the negative cash flow growth raises concerns about liquidity. The company needs to focus on improving operational efficiency and managing leverage to enhance financial health.

Income Statement

City Chic Collective Limited has shown a significant revenue growth rate of 41.44% in the latest year, indicating strong top-line expansion. However, the company is struggling with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin is relatively healthy at 45.73%, but the negative net profit margin of -4.10% highlights ongoing challenges in cost management and operational efficiency.

Balance Sheet

The company's balance sheet reflects a high debt-to-equity ratio of 1.02, suggesting significant leverage which could pose financial risks. Return on equity is negative at -15.20%, indicating that the company is not generating profits from shareholders' equity. The equity ratio is moderate, suggesting a balanced asset structure, but the high leverage remains a concern.

Cash Flow

City Chic Collective Limited's cash flow statement reveals challenges in cash generation, with negative operating cash flow and free cash flow. The free cash flow to net income ratio is positive at 1.20, indicating some ability to convert income into cash, but the overall negative cash flow growth rate of -34.13% is concerning for future liquidity.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	134.95M	134.95M	131.61M	183.87M	324.14M	265.59M
Gross Profit	61.72M	61.72M	56.79M	52.31M	82.23M	78.38M
EBITDA	1.53M	1.53M	-17.47M	-18.39M	50.14M	47.20M
Net Income	-5.54M	-5.54M	-92.96M	-99.78M	22.28M	21.56M
Balance Sheet
Total Assets	105.03M	105.03M	140.94M	237.68M	355.35M	266.97M
Cash, Cash Equivalents and Short-Term Investments	7.95M	7.95M	21.43M	12.41M	9.95M	71.46M
Total Debt	37.06M	37.06M	58.63M	61.46M	61.27M	28.05M
Total Liabilities	68.62M	68.62M	105.81M	124.95M	144.77M	84.07M
Stockholders Equity	36.41M	36.41M	35.12M	112.72M	210.58M	182.90M
Cash Flow
Free Cash Flow	-8.54M	-8.54M	-19.28M	25.89M	-63.44M	8.58M
Operating Cash Flow	-7.13M	-7.13M	-16.83M	29.77M	-51.89M	15.15M
Investing Cash Flow	10.06M	10.06M	9.55M	-3.88M	-15.80M	-46.78M
Financing Cash Flow	-16.44M	-16.44M	15.98M	-23.75M	5.96M	83.27M

City Chic Collective Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CCX, the sentiment is Neutral. The current price of 0.12 is below the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.12, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.03 is Neutral, neither overbought nor oversold. The STOCH value of 36.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:CCX.

City Chic Collective Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STP	71 Outperform	AU$59.31M	4.69	24.28%	20.30%	2.76%	1.93%
ABY	66 Neutral	AU$98.66M	130.86	1.90%	―	1.58%	-65.09%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
VVA	58 Neutral	AU$135.99M	26.53	4.75%	―	30.36%	47.61%
UNI	58 Neutral	AU$659.80M	28.33	15.62%	4.70%	15.51%	-32.98%
CCX	55 Neutral	AU$44.29M	-7.93	-24.80%	―	2.35%	95.03%

City Chic Collective Limited Corporate Events

City Chic Lifts Margins and Profit as ANZ Growth Offsets US Inventory Pullback

City Chic Collective reported preliminary first-half FY26 sales of A$69.2 million, broadly flat year on year, with strong growth in its core ANZ market offset by weaker Americas revenue driven by deliberate inventory reductions amid tariff volatility. Profitability improved markedly, with underlying EBITDA expected to rise 71–100% to A$6–7 million, gross margin expanding to 62.2%, average selling prices increasing 6.1%, and inventory cut by 21% as management prioritised margin and cash generation over discount-led sales. The company highlighted particularly robust trading in ANZ, where revenue grew 7.4% and trading margin increased 10.1% through disciplined promotions and improved full-price sell-through, while the US business remained profitable and is preparing for higher sales in the second half of FY26 after a cautious first-half ordering stance. Strengthened by net cash of A$5.4 million, no drawn debt and an extended A$10 million facility to March 2028, City Chic says it is on track to be operating cash flow positive for FY26, signalling a more resilient balance sheet and improved financial footing for shareholders and lenders despite a challenging macro and tariff environment.

The most recent analyst rating on (AU:CCX) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.

City Chic Director Increases Stake with Significant Share Acquisition

City Chic Collective Limited announced a change in the director’s interest, with Natalie McLean acquiring an additional 103,873 ordinary shares through on-market trades. This change reflects a significant increase in McLean’s stake in the company, potentially indicating confidence in the company’s future performance and strategic direction.

The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.

City Chic Collective’s 2025 AGM: Resolutions Passed with Strong Support

City Chic Collective Limited held its 2025 Annual General Meeting, where all resolutions were passed by a poll. Key outcomes included the adoption of the remuneration report, re-election of a director, grant of performance rights to the CEO, renewal of takeover provisions, and appointment of an auditor. These results reflect strong shareholder support and are likely to influence the company’s strategic direction and governance positively.

The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.

City Chic Collective Achieves Financial Turnaround Amidst Retail Challenges

City Chic Collective has reported a significant financial turnaround, moving from a loss of $8.4 million in FY24 to a profit of $6.4 million in FY25, driven by strategic restructuring and strong performance in the ANZ region. Despite challenges such as inflation and competition from low-cost online brands, the company has improved its market position and aims to be debt-free and cash-flow positive by the end of FY26.

The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.

City Chic Collective Reports Positive Trading Update Amid Strategic Shifts

City Chic Collective Limited reported a positive trading update for the 18 weeks ending November 2, 2025, with a 2.6% increase in total revenue compared to the previous period. The ANZ business saw a 10% revenue increase, while the USA business, despite a 21.1% revenue decline, performed better than expected. The company has focused on improving product quality and customer engagement, leading to strong performance in its ANZ stores and online channels. City Chic opened two new stores in Australia, reflecting strong customer engagement and brand response, and is planning cautiously optimistic inventory levels for the next summer season in the USA.

The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.

City Chic Collective Cancels Over 5 Million Performance Rights

City Chic Collective Limited announced the cessation of 5,812,827 performance rights, which were canceled by mutual agreement between the company and the holder. This move may impact the company’s capital structure, potentially affecting its financial flexibility and market perception among stakeholders.

The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.

City Chic Collective Finalizes Employee Share Buy-Back

City Chic Collective Limited has announced the finalization of its employee share scheme buy-back, involving 4,847,015 ordinary fully paid employee securities. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a commitment to optimizing its financial operations.

The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.

City Chic Collective Updates on Employee Share Buy-Back

City Chic Collective Limited has announced an update regarding its employee share scheme buy-back. The notification indicates that no securities were bought back on the previous day, maintaining the total number of securities bought back at zero. This update is part of a daily notification process, reflecting the company’s ongoing commitment to managing its employee share scheme effectively.

The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.

City Chic Collective Initiates Employee Share Buy-Back

City Chic Collective Limited has announced a buy-back of ordinary fully paid employee shares under its employee share scheme. This move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting a strategic decision to manage equity distribution effectively.

The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.