Cettire Ltd. (CTT) AI Stock Analysis

• Market Cap: AU$236.37M
• Dividend Yield: N/A
• Average Volume (3M): 8.75M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.69
• Revenue Growth: -0.02%
• EPS Growth: -125.09%
• Country: US
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): -0.04
• Shares Outstanding: 381,238,220
• 10 Day Avg. Volume: 6,361,109
• 30 Day Avg. Volume: 8,754,751
• PEG Ratio: 0.39
• Price to Book (P/B): 3.60
• Price to Sales (P/S): 0.17
• P/FCF Ratio: -4.57
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: AU$0.61 ▼(-34.24% Downside)

Overall score is pressured primarily by the 2025 operational setback (margin compression, return to losses) and substantial cash burn, reinforced by bearish technical momentum (below key moving averages, negative MACD, RSI in oversold territory). The debt-free balance sheet provides a meaningful risk buffer, but valuation is not clearly supportive given negative earnings and no dividend data.

Positive Factors

Debt-free Balance Sheet

A debt-free capital structure materially lowers bankruptcy and interest-rate risk, giving management flexibility to prioritize recovery investments or withstand cash flow volatility. Over 2–6 months it supports strategic options like inventory sourcing, marketing, or cost restructuring without refinancing pressure.

Proven Profitability at Scale

Historical ability to grow revenue and deliver profits indicates the underlying business model and unit economics can work when execution and demand align. This legacy performance supports confidence that operational fixes could restore margins and earnings over the medium term.

Prior Cash Generation Ability

The company has demonstrated it can convert sales into cash in prior years, showing the platform and supply-chain can generate free cash when conditions normalize. This track record improves recovery prospects and reduces structural insolvency risk if management restores profitability.

Negative Factors

Material Cash Burn in 2025

A sharp flip to negative operating and free cash flow increases dependence on external funding or asset draws, constraining investment and heightening execution risk. Persistent cash burn over several quarters would force hard choices on inventory, marketing, or capital allocation.

Margin Compression and Return to Losses

A meaningful drop in gross margin and a swing to net losses suggest pricing, sourcing or mix issues. Lower structural margins reduce the buffer to absorb fixed costs and marketing spend, making sustained profitability harder without durable improvements to sourcing or pricing power.

Revenue Decline and Balance Sheet Shrinkage

Falling revenue and shrinking asset base indicate weakening top-line momentum and potential retrenchment in scale. Over a multi-month horizon, lower volume can worsen unit economics and slow recovery, limiting the company's ability to leverage prior scale advantages in logistics and brand selection.

Cettire Ltd. Business Overview & Revenue Model

Company Description

Cettire Limited engages in the online luxury goods retailing business in Australia and internationally. It offers clothing, shoes, bags, and accessories for men, women, and kids. The company was incorporated in 2020 and is based in Melbourne, Australia.

How the Company Makes Money

Cettire Ltd. generates revenue primarily through the sale of luxury fashion goods via its online platform. The company operates a direct-to-consumer model, where it purchases inventory from high-end fashion brands or distributors and sells these products to customers at retail prices. Cettire benefits from the markup between the wholesale acquisition cost and the retail price, which constitutes its primary source of income. Additionally, the company may engage in strategic partnerships with luxury brands to expand its product offerings and enhance its market presence. Cettire's platform benefits from a user-friendly interface and efficient logistics operations, which contribute to its ability to attract and retain customers, driving sales and revenue growth.

Cettire Ltd. Financial Statement Overview

Summary

Financials are mixed and recently weakened: revenue declined (~-5.1% in 2025), margins compressed (gross margin ~20.9% to ~16.1%), and earnings turned to a net loss (~-0.4% net margin). A key offset is the strong balance sheet with zero reported debt (2021–2025), but 2025 cash flow deterioration is severe with operating and free cash flow around -A$28m.

Income Statement

The company delivered very strong top-line expansion from 2020 to 2024, but momentum has stalled with revenue down ~5.1% in 2025. Profitability has also deteriorated sharply: gross margin fell from ~20.9% (2024) to ~16.1% (2025), and results swung from positive earnings in 2023–2024 to a net loss in 2025 (net margin ~-0.4%) with slightly negative operating profit. Strength: the business has proven it can be profitable at scale (2023–2024). Weakness: the latest year shows margin compression and a return to losses, raising questions about near-term earnings durability.

Balance Sheet

The balance sheet is conservatively positioned with zero reported debt from 2021–2025 (and minimal debt in 2020), which materially lowers financial risk and interest burden. Equity remains positive and relatively stable (~A$36m in 2024–2025), supporting solvency despite earnings volatility. Strength: very low leverage and a clean capital structure. Weakness: returns on equity have become negative in 2025 due to losses, and total assets have contracted from 2024 to 2025, suggesting some balance sheet shrinkage alongside softer operating performance.

Cash Flow

Cash generation has become the key pressure point. After strong positive operating and free cash flow in 2023–2024, 2025 flipped to materially negative operating cash flow and free cash flow (both about -A$28m), with free cash flow down sharply versus the prior year. Strength: the business has demonstrated an ability to generate cash in prior years (2023–2024). Weakness: the most recent year shows heavy cash burn and weak cash conversion, which increases execution risk if negative cash flow persists.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	781.98M	742.11M	742.25M	416.23M	209.88M	92.41M
Gross Profit	135.61M	119.41M	155.00M	95.62M	37.36M	21.98M
EBITDA	6.14M	1.27M	25.15M	28.54M	-24.47M	-309.00K
Net Income	2.41M	-2.65M	10.47M	15.97M	-19.06M	-251.00K
Balance Sheet
Total Assets	179.51M	124.32M	140.32M	100.77M	54.35M	57.82M
Cash, Cash Equivalents and Short-Term Investments	101.08M	37.08M	78.96M	46.31M	22.67M	47.13M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	137.22M	88.51M	104.25M	67.77M	37.16M	22.06M
Stockholders Equity	42.30M	35.81M	36.07M	33.00M	17.19M	35.76M
Cash Flow
Free Cash Flow	20.99M	-28.19M	48.68M	24.38M	-23.05M	10.03M
Operating Cash Flow	27.77M	-28.19M	62.96M	36.45M	-14.67M	12.74M
Investing Cash Flow	-14.57M	-16.63M	-14.28M	-12.07M	-8.38M	-2.71M
Financing Cash Flow	-10.29M	0.00	-10.29M	-1.35M	0.00	32.70M

Cettire Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CTT, the sentiment is Negative. The current price of 0.92 is above the 20-day moving average (MA) of 0.80, above the 50-day MA of 0.78, and above the 200-day MA of 0.54, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 24.74 is Positive, neither overbought nor oversold. The STOCH value of 7.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CTT.

Cettire Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GWA	74 Outperform	AU$713.40M	16.44	14.28%	6.20%	1.21%	12.29%
PMV	63 Neutral	AU$2.22B	13.38	10.29%	3.56%	-48.80%	-35.88%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LOV	61 Neutral	AU$3.45B	39.90	110.44%	2.57%	14.24%	3.58%
UNI	58 Neutral	AU$652.89M	28.03	15.62%	4.70%	15.51%	-32.98%
KGN	47 Neutral	AU$385.55M	-9.96	-40.52%	4.00%	6.24%	-23341.18%
CTT	45 Neutral	AU$236.37M	-86.96	-7.36%	―	-0.02%	-125.09%

Cettire Ltd. Corporate Events

Cettire Ltd. Announces Director’s Acquisition of Performance Rights

Cettire Ltd. announced a change in the director’s interest, with Dean Mintz acquiring 22,874,292 performance rights, valued at approximately $9,431,642. This change, approved at the recent Annual General Meeting, highlights the company’s commitment to aligning executive incentives with shareholder interests, potentially impacting its market positioning and stakeholder confidence.

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.

Cettire’s 2025 AGM Resolutions Passed with Strong Support

Cettire Limited announced the successful passage of all resolutions at its 2025 Annual General Meeting, with significant support for the Remuneration Report, which received over 97% approval. This outcome reflects strong shareholder confidence in the company’s strategic direction and governance, potentially enhancing its market position and stakeholder trust.

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.

Cettire Limited Navigates Challenges with Strategic Expansion and Board Renewal

Cettire Limited faced a challenging year in 2025 due to macroeconomic headwinds and changes in the USA’s tariff regime, impacting demand in the luxury goods sector. Despite these challenges, the company maintained stable revenues but saw reduced profitability, ending the year with a net loss of $2.6 million. The company focused on expanding its market share, enhancing its supply chain, and investing in its technology platform. Geographic diversification was pursued with new launches in Kuwait and Bahrain, while a renewal of the Board was undertaken to position the company for future growth. Cettire’s resilient business model aims to maximize profitable growth, emphasizing a capital-light and self-funding approach.

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.