Cettire Limited (ASX:CTT) Reports Half-Year Financial Results
Financial Performance
Cettire Limited reported an 11% increase in revenue to $393.98 million for the half-year ended 31 December 2024. However, net profit after tax fell by 63% to $4.75 million compared to $12.81 million in the previous period.
Operational Highlights
The company saw active customers rise by 21% to 695,465 and the average order value increased by 4% to $821. Gross revenue from repeat customers grew to 67%, up from 58% in 2023.
Financial Position
Cettire ended the period with $101.1 million in cash and cash equivalents, up from $79.0 million as of 30 June 2024, and maintained zero financial debt.
Dividends
No dividends were declared or paid for the half-year ended 31 December 2024.
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