Cettire Ltd. (AU:CTT) has released an update.
Cettire Ltd. reports a robust Q3 FY24 with an 88% increase in sales revenue to $191 million and an 84% growth in active customers, signaling strong market penetration and sustained profitability. The company is also set to expand into the China market in Q4, bolstering its position as a leading global luxury platform. Despite traditionally lower seasonal demand, Cettire has maintained a healthy net cash balance and affirms compliance with US sales tax regulations.
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