Cettire (ASX:CTT) Sees 78% Revenue Growth in FY24, Eyes Future Growth with Expanding Luxury Market.

Mon 03 Feb 25, 03:48 AM | Team Kalkine

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Highlights

Cettire Limited (ASX:CTT) is an ASX-listed global luxury online retailer which is focused on expanding its presence in the high-end fashion market. For the 12 months ended 30 June 2024 (FY24), Cettire reported a 78% YoY increase in sales revenue, reaching AUD 742.25 million. This surge was driven by a 64% YoY rise in active customers, which exceeded 692,000 during the year. The company’s adjusted EBITDA also showed improvement in FY24, climbing to AUD 32.4 million from AUD 29.3 million in FY23. However, adjusted net profit declined slightly to AUD 18.21 million in FY24, compared to AUD 19.40 million in the previous year.

In Q1FY25, sales revenue of CTT rose 22% YoY to AUD 155 million, while adjusted EBITDA increased to AUD 2 million, up from AUD 1.6 million in Q4FY24.

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