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Cettire Limited (ASX:CTT)

ALERT: Price-sensitive ASX Announcement for CTT
Current share price for CTT : $0.225 -0.225 (-50%)+
Announcement
Release
26 Feb 2026 9:47AM
Price at Release
$0.450
Full Release
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Summary
Cettire Limited's Appendix 4D and Financial Report for the half-year ended December 31, 2025, highlights a challenging period with a net loss after tax of $1,053,619 compared to a net profit of $4,749,069 in the prior corresponding period. Despite the softness in the global luxury market, Cettire managed to increase its average order value by 17%. The company faced a decline in U.S. demand primarily due to changes in trade policies and higher duties, which impacted sales revenue, decreasing it by 3% year-on-year to $382.8 million. The report also notes a reduction in advertising and marketing expenses as the company shifted focus towards profitability. With no significant changes in the state of affairs, Cettire ended the period with a cash balance of $61.4 million and no financial debt. The directors reaffirmed the company's ability to continue as a going concern, supported by positive operating cash flows and available mitigating actions.
Key Points
  • Net loss after tax of $1,053,619 for the period ending December 31, 2025
  • Sales revenue decreased by 3% to $382.8 million due to softer U.S. demand
  • Average order value increased by 17% to $961
  • Advertising and marketing expenses reduced
  • Cash balance of $61.4 million with zero financial debt
  • Directors believe the company can continue as a going concern
  • No significant changes in the state of affairs during the financial period
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.