Cettire Limited reported full-year FY2026 revenue of AUD 718.4 million, down 3% year-on-year, while adjusted EBITDA rose AUD 16.7 million to AUD 17.1 million. The company’s H2 2026 revenue of AUD 178 million matched consensus estimates exactly.
Gross revenue for FY2026 totaled AUD 953.4 million, broadly stable versus the prior year, with an EBITDA margin of 2.4%. Gross profit margin stood at 14.15%, while the delivered margin was 15%, pressured by higher U.S. duty costs. The company ended the year with AUD 27.9 million in cash and zero financial debt.
Excluding the U.S., Cettire’s sales revenue grew 14% to AUD 420 million, driven by emerging markets which now account for 44% of gross revenue, up from 37% a year earlier. Established markets, including the U.S., U.K. and Australia, contracted 13%. The U.S. represents approximately 41% of total revenue, while Australia accounts for 7%. All U.S. shipments are now subject to duties, compared with less than 10% previously.
Customer metrics showed a 10% increase in average order value to AUD 904, with repeat customers spending AUD 994 per order compared to AUD 759 for new customers. Repeat customers contributed 68% of gross revenue. Customer acquisition cost declined to AUD 84, while paid acquisition expenses represented 4.6% of sales revenue. The company invested AUD 3.3 million in brand development and capitalized 2.3% of sales revenue on technology platform upgrades.
Cettire’s shares rose 7.29% to AUD 0.26 in premarket trading after closing at AUD 0.24. The stock remains well below its 52-week high of AUD 0.96 and above its low of AUD 0.17, with a beta of 2.18. The company estimates AUD 9 million in tariff refunds under the IEEPA, with less than AUD 1 million received to date and the remainder expected in FY2027 H1.
Year-to-date gross revenue growth for FY2027 reached approximately 22%, with positive adjusted EBITDA recorded in July 2026, the first month of the new financial year.
