Cettire (ASX:CTT) Full Year 2024 Results
Key Financial Results
- Revenue: AU$742.3m (up 78% from FY 2023).
- Net income: AU$10.5m (down 34% from FY 2023).
- Profit margin: 1.4% (down from 3.8% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: AU$0.028 (down from AU$0.042 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cettire EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Australia.
Performance of the Australian Specialty Retail industry.
The company's shares are down 27% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Cettire (1 makes us a bit uncomfortable!) that we have uncovered.
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About ASX:CTT
Cettire
Engages in the online luxury goods retailing business in Australia, the United States, and internationally.
Flawless balance sheet with high growth potential.