Cettire Ltd. (AU:CTT) has released an update.
Cettire Ltd. reported a robust 22% increase in sales revenue for the first quarter of FY25, reaching $155 million, attributed to strategic operational optimizations amidst global luxury market challenges. The company saw significant growth in active customers and repeat purchases, enhancing profitability despite reduced marketing spend. With a strong cash position and a flexible business model, Cettire is well-positioned for future growth.
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