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Cettire Limited (ASX:CTT)

ALERT: Price-sensitive ASX Announcement for CTT
Current share price for CTT : $0.415 0.175 (72.92%)+
Announcement
Release
26 Aug 2026 9:13AM
Price at Release
$0.240
Full Release
download
Summary
Cettire Limited's FY26 results presentation highlights a gross revenue of $953.4 million, with sales revenue at $718.4 million. Active customers decreased to 605,000, but a return to growth was noted in Q4. The company saw increased revenue from emerging markets, rising from 37% to 44%. Despite challenges in the US market, Adjusted EBITDA improved by $16.7 million. Cettire ended the year with $28 million in net cash and no financial debt. The company's strategy emphasized profitable growth, focusing on reduced marketing spend and lower customer acquisition costs. Average Order Value (AOV) increased due to higher pricing, although fulfillment costs impacted margins. Cettire continued to diversify its revenue streams and invested in technology to maintain a competitive edge.
Key Points
  • Cettire Limited reported a gross revenue of $953.4 million for FY26, with sales revenue at $718.4 million.
  • Active customers reduced to 605k in FY26, but there was a return to net customer growth in Q4.
  • Emerging markets' contribution to gross revenue increased from 37% in FY25 to 44% in FY26.
  • Adjusted EBITDA improved significantly, marking a $16.7 million increase from the previous year, despite challenges in the US market.
  • The company has no financial debt and ended FY26 with $28 million in net cash.
  • Cettire's strategy focused on profitable growth, with a reduction in marketing spend leading to lower customer acquisition costs.
  • AOV increased due to higher pricing and tariff pass-through, with the delivered margin slightly reduced by higher fulfillment costs.
  • Cettire continued to diversify its revenue base and invested in technology to strengthen its competitive advantage.
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.