{
  "id": 3435488,
  "title": "Cettire FY26 slides: profitability surges as emerging markets grow",
  "url": "https://urgent.news/2026/08/26/cettire-fy26-slides-profitability-surges-as-emerging-markets-grow",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T05:06:51.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/cettire-fy26-slides-profitability-surges-as-emerging-markets-grow-93CH-4876263"
  },
  "original_language": "en",
  "account": "Cettire Limited, an online luxury retailer, reported impressive financial results for the fiscal year ending June 30, 2026, despite global challenges. Adjusted EBITDA surged to AUD 17.1 million, a 16.7 million increase from the previous year, as the company navigated a 2% contraction in the luxury goods market and US tariff headwinds. The stock rose 4.17% to $0.25 following the announcement, still below its 52-week high of $0.96.\n\nSales revenue declined 3% to AUD 718.4 million, while gross revenue remained flat at AUD 953.4 million, with emerging markets accounting for 44% of the total. The company's profitability improved significantly, with adjusted EBITDA margin expanding to 2.4% from breakeven in the prior year. The company achieved this by reducing paid marketing spend and focusing on quality customer acquisition.\n\nRevenue growth in emerging markets outpaced established markets, with a 17% increase compared to a 13% contraction in the US, UK, and Australia. The company's strategic shift toward sustainable profitability and geographic diversification validated by these results.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}