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Cettire
Cettire (CTT) investor relations material
Cettire H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary26 Feb, 2026
Executive summary
Sales revenue for the half was AUD 382.8 million, down 2.8% year-over-year, mainly due to US tariff changes and softer demand in that region.
Adjusted EBITDA reached AUD 8.7 million, a turnaround of AUD 20.5 million half-on-half, despite challenging US market conditions.
Active customers totaled 613,000, with repeat customers accounting for 69% of gross revenues, up from 67%.
Average order value increased 17% to $961, while active customers decreased 12%.
The business remains capital-light, with closing cash at AUD 61.4 million and no financial debt.
Financial highlights
Gross revenue was AUD 505.7 million; refund rates remained stable.
Delivered Margin was 14% of sales, impacted by higher US duties but improved sequentially from H2FY25.
Paid acquisition expenses were 4.2% of sales revenue; brand investment was AUD 1.9 million.
Cash and cash equivalents increased to $61.4 million from $37.1 million at 30 June 2025, with zero financial debt.
Positive operating cash flow of $37.1 million, up from $29.8 million in the prior year.
Outlook and guidance
Short-term uncertainty persists in the global luxury market, with Q3 gross revenues down 13% year-over-year.
A significantly improved growth profile is expected in Q4 FY26.
Full-year sales revenue anticipated to be broadly similar to FY25.
Promotional activity has been reduced compared to the prior year.
Management highlighted mitigating actions available, including cost reductions and potential financing, to address uncertainties.
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Next Cettire earnings date
Q3 202621 Apr, 2026
Cettire
Next Cettire earnings date
Q3 202621 Apr, 2026
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Frequently asked questions
Cettire Limited is an Australian-based company specializing in online luxury goods retail. The company operates globally, providing an extensive range of personal luxury items, including clothing, shoes, bags, and accessories, via its website, cettire.com. Cettire's product offerings encompass over 2,500 luxury brands and 400,000 products. The brands featured include high-end names such as Prada, Gucci, Saint Laurent, Balenciaga, Valentino, Balmain, Burberry, Chloe, Fendi, Givenchy, Versace, and others. The company caters to both men and women, offering a broad selection of designer wear. The company is headquartered in Melbourne, Australia, and its shares are listed on the ASX.
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