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CETTIRE LIMITED — Capital/Financing Update 2024
Jul 16, 2024
64720_rns_2024-07-16_16e5f1d1-f27f-4022-9d30-d66666320772.pdf
Capital/Financing Update
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Additional FY24 metrics
Melbourne, Victoria: 17 July 2024 – Cettire Limited (ASX: CTT) (“Cettire” or the “Company”), a global luxury online platform, makes the following additional financial disclosures in relation to FY24.
On 28 June 2024, the Company issued a response to a letter from the ASX dated 25 June 2024, requesting further information regarding the Company’s FY24 Update, released on 24 June 2024.
Given the reporting period ending 30 June 2024 has now closed, the Company is in a position to confirm certain additional metrics noted in the ASX letter, namely: gross revenue, average order value, active customers and gross revenue from repeat customers.
| Unaudited metrics | FY24 | FY23 | Growth vs pcp |
|---|---|---|---|
| Gross revenue (A$m)1 | 975-980 | 539 | 81-82% |
| Average order value (A$) | 795-800 | 747 | 6-7% |
| Active customers2 | 692,287 | 423,253 | 64% |
| Gross revenue from repeat customers | 61% | 58% | 3.0pp |
The Company will provide a further update at its full year FY24 results, which are expected to be released in the 2[nd] half of August.
This announcement has been authorised for release by the Board of Directors of Cettire Limited.
--ENDS—
Further Information please contact:
| Investors | Investors | Media |
|---|---|---|
| Tim Hume | Sam Wells | Matt Wright |
| CFO | NWR Communications | NWR Communications |
| [email protected] | [email protected] | [email protected] |
| +61 427 630 152 | +61 451 896 420 |
About Cettire
‑ Launched in 2017, Cettire is a global online platform, offering a large selection of in demand personal luxury goods via its website, cettire.com. Cettire has access to an extensive catalogue of more than 2,500 luxury brands and 500,000 products of clothing, shoes, bags, and accessories. Visit: www.cettireinvestors.com
1 Gross revenue is revenue net of GST/VAT/sales taxes but before customer refunds; Sales revenue is gross revenues net of allowances and customer refunds
2 Active customers are those who have made a purchase in the last 12 months
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Cettire Limited – ACN 645 474 166