Cettire (CTT) AGM 2025 Presentation summary

Opening remarks and agenda

• Chairperson expressed excitement for future opportunities and acknowledged the challenging macroeconomic environment impacting the luxury sector, especially in the USA due to tariff changes.

• Thanks were extended to investors, customers, trading partners, and stakeholders for their ongoing support.

Financial performance review

• FY25 gross revenue was $975.3 million and sales revenue was $742.1 million, broadly in line with the prior year.

• Adjusted EBITDA was breakeven, with a net loss after tax of $2.6 million.

• Net cash at year-end was $37 million, with no debt, maintaining a self-funding position.

• 657,000 active customers and 68% of gross revenue from repeat customers, with an average order value of $820.

• Q1 FY26 gross revenue was $196.7 million and sales revenue $150.4 million, with 641,000 active customers.

Board and executive committee updates

• Board renewal included the appointment of Jon Gidney, Caroline Elliott, Daniel Agostinelli, and the new Chairperson as independent directors.

• Bob East and Bruce Rathie retired, and Daniel Agostinelli exited to focus on other commitments.