Cettire (ASX: CTT) set to debut in China in 4QFY24 to boost revenue growth

Tue 28 May 24, 04:46 AM | Team Kalkine

Image source: NicoElNino @shutterstock

Highlights

Cettire Limited (ASX: CTT) is an ASX-listed online retailer, which offers a large selection of in-demand personal luxury goods. The company provides access to over 2,500 luxury brands and 500k products including clothing, bags, shoes to accessories.

In the first half of the financial year 2024 (1HFY24), the company recorded almost 89% increase in its sales revenue to AUD 354.30 million, 56.29% YoY rise in adjusted EBITDA to AUD 26.10 million and 4.22% YoY surge in average order value to AUD 791.0.

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