Australia · Delayed Price · Currency is AUD Cettire Earnings Call Transcripts
Fiscal Year 2026
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Gross revenue was AUD 953.4 million, with ex-U.S. sales up 14% and strong growth in emerging markets. Adjusted EBITDA improved to AUD 17.1 million, and positive trading momentum continued into FY 2027, supported by geographic diversification and robust customer loyalty.
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Sales revenue declined 3% year-over-year due to US headwinds, but ex-US markets grew 13%. Adjusted EBITDA improved by AUD 20.5 million half-on-half, and strong localization and repeat customer engagement are driving growth despite ongoing macroeconomic and trade challenges.
Fiscal Year 2025
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FY 2025 saw stable revenue and break-even EBITDA amid a challenging luxury market, with strong growth in emerging markets and a focus on profitability and customer loyalty. The business remains debt-free, with a conservative approach to marketing and capital allocation.
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Revenue grew 12% year-over-year with improved profitability, despite a challenging luxury market. Emerging markets drove strong growth, while cash reserves increased to AUD 101 million and the business remained debt-free.
Fiscal Year 2024
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The meeting highlighted strong FY24 growth, robust cash generation, and strategic focus on profitability amid luxury sector headwinds. Board composition was strengthened, governance practices reviewed, and shareholder engagement addressed. Voting outcomes showed broad support for all resolutions.
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Sales revenue surged 78% year-over-year to $742.3 million, with Adjusted EBITDA of $32.5 million and a net cash position of $79 million. FY 2025 will focus on profitability amid ongoing market challenges, with Q1 sales up 20% year-over-year.