Cettire Ltd. (CTT) AI Stock Analysis

• Market Cap: AU$350.74M
• Dividend Yield: N/A
• Average Volume (3M): 8.75M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.65
• Revenue Growth: -0.02%
• EPS Growth: -125.09%
• Country: AU
• 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: 52 Neutral
• Price Target: AU$0.92 ▲(0.43% Upside)

The score is held back primarily by deteriorating FY2025 fundamentals (margin compression, return to losses, and significant cash burn), partly offset by a strong low-leverage balance sheet and supportive technical momentum. Valuation is also a headwind given the negative P/E and no dividend yield data.

Positive Factors

Balance Sheet Health

A debt-free balance sheet reduces financial risk and interest burden, providing stability and flexibility for strategic investments.

Geographic Diversification

Expanding into new markets like Kuwait and Bahrain can enhance revenue streams and reduce dependency on any single market, supporting long-term growth.

Executive Incentives Alignment

Aligning executive incentives with shareholder interests can drive strategic decisions that enhance shareholder value and market positioning.

Negative Factors

Margin Compression

Significant margin compression indicates cost pressures or pricing challenges, which can impact profitability and competitive positioning.

Cash Flow Challenges

Negative cash flow increases financial strain and execution risk, potentially limiting the company's ability to invest in growth opportunities.

Revenue Decline

A decline in revenue suggests potential market share loss or demand issues, which could affect long-term growth and market position.

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

Cettire Ltd. exhibits strong growth in revenue and cash flow, supported by a solid balance sheet with no debt. While profitability margins have shown some fluctuations, the company's ability to generate cash flow remains robust. The balance sheet reflects a healthy equity position, though returns on equity have decreased slightly. Overall, the company is well-positioned for future growth but should focus on improving net profit margins.

Income Statement

Cettire Ltd. has demonstrated robust revenue growth, with total revenue increasing from $416.2 million in 2023 to $742.3 million in 2024, representing a significant growth rate. The gross profit margin improved to 18.96% in 2024 from 22.97% in 2023, although the net profit margin decreased from 3.83% to 1.41%. The EBIT and EBITDA margins have been relatively stable. Overall, the company shows strong growth potential, though profitability margins have fluctuated.

Balance Sheet

Cettire Ltd. exhibits a healthy balance sheet with no debt, highlighting a strong equity position. The debt-to-equity ratio is 0, and the equity ratio stands at 25.70% in 2024. Return on Equity (ROE) decreased from 48.38% in 2023 to 29.03% in 2024, indicating some pressure on equity returns. The company's assets have grown significantly, underpinning its expansion strategy, but equity growth did not keep pace with revenue growth.

Cash Flow

The company has shown impressive cash flow management with operating cash flow increasing significantly to $62.96 million in 2024. Free cash flow also grew by 99.63%, reflecting efficient capital expenditure management. The operating cash flow to net income ratio is strong, suggesting the company's ability to convert earnings into cash effectively. The cash flow performance underpins the company's growth and operational efficiency.

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: Positive
• Last Price: 0.92
• 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:CTT, the sentiment is Positive. The current price of 0.92 is above the 20-day moving average (MA) of 0.88, above the 50-day MA of 0.74, and above the 200-day MA of 0.54, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 62.45 is Neutral, neither overbought nor oversold. The STOCH value of 58.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$665.66M	15.34	14.28%	6.20%	1.21%	12.29%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LOV	61 Neutral	AU$3.24B	37.49	110.44%	2.57%	14.24%	3.58%
PMV	60 Neutral	AU$2.21B	13.34	10.29%	3.56%	-48.80%	-35.88%
UNI	58 Neutral	AU$618.37M	26.55	15.62%	4.70%	15.51%	-32.98%
CTT	52 Neutral	AU$350.74M	-133.33	-7.36%	―	-0.02%	-125.09%
KGN	47 Neutral	AU$366.49M	-9.31	-40.52%	4.00%	6.24%	-23341.18%

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.

Cettire Reports Q1 FY26 Results Amid Market Challenges

Cettire Limited reported a slight decline in sales revenue for Q1 FY26, with a 3% decrease compared to the previous year, amid challenging market conditions. Despite this, the company achieved an improved adjusted EBITDA and a significant increase in gross revenue outside the USA, highlighting the success of its localization strategy and focus on profitability. The company continues to face uncertainty in the US market but remains committed to its strategy of geographic diversification and self-funded growth.

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 Ltd. Issues Unquoted Equity Securities for Employee Incentives

Cettire Ltd. announced the issuance of unquoted equity securities, including 3,153,460 service rights and 2,622,948 performance rights, as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company performance and could enhance operational efficiency and stakeholder value.

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.