Note: all growth metrics represent year on year growth vs FY20
1. Active Customers are unique customers who have made a purchase in the last 12 months
2.
Cettire uses gross revenue as a non-IFRS measure of business performance and represents revenue prior to returns and allowances
+43%
vs pcp
$12.3m
$8.6m
H1 FY21
H1 FY22
2
CONTINUED EXECUTION OF GROWTH STRATEGY
Enhancements to customer proposition and technology
• Proprietary e-commerce storefront solution migration commenced in late Q1
• Localisation initiatives under way; 7 currencies now accepted
only• Investment to:
• Impending mobile app launch
• Beauty category expansion this quarter
Customer acquisition and brand investments, utilising IPO proceeds
use
• Capitalise on momentum in established markets through major sales season
• Accelerate scaling in markets 'unlocked' by migration to new storefront
• Grow brand awareness
• Market penetration opportunity enabled by new storefront
Development of supply chain
personalr
• Continued broadening of supplier relationships
• Brand partnership with Staff International
Well capitalised for growth
• Strong balance sheet with $55.5m net cash
• Capital light, cash generative business model - $12.3m operating cash flow
1. Cettire uses gross revenue as a non-IFRS measure of business performance and represents revenue prior to returns and allowances
2. As at January 2021
~215k Orders +221% y/y
46%
Gross revenue1 from
repeat customers
Trust Pilot Rating2
3
r personal use only
1
U N I Q U E G L O B A L G R O W T H
O P P O R T U N I T Y
MASSIVE + GROWING TAM, STRUCTURAL TAILWINDS
THE PERSONAL LUXURY GOODS MARKET IS EXPECTED TO BE A ~$600B GLOBAL INDUSTRY BY 2025
only
•
Online channel is expected to grow by 16% CAGR to
~A$175b by 2025
• Represents 30% online penetration
• Multiple layers of growth provide highly favourable
Global Personal Luxury
backdrop for Cettire
Goods 2025
use
~A$600b
•
Online penetration growth
• Demographics - millennials and Gen Z
personalr
•
China
Online Segment
2025
~A$175b
30%
of Total
Source: Bain & Company and Altagamma: Luxury Goods Worldwide Market Study Fall 2021 - 11 November 2021
Data converted from Euro to AUD at an exchange rate of 1.59
5
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Cettire Ltd. published this content on 02 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2022 22:38:03 UTC.
Cettire Limited is an Australia-based global luxury online retailer. The Company offers a selection of in-demand personal luxury goods via its Website, cettire.com. The Company has access to a catalogue of more than 2,500 luxury brands and 400,000 products of clothing, shoes, bags, and accessories. It sells a range of products from over 500 designers, which include a range of women's and men's wear from brands such as Prada, Gucci, Saint Laurent, Balenciaga, Valentino, Balmain, Burberry, Chloe, Fendi, Givenchy, Versace and others. The Company's product categories includes clothing, shoes, bags and accessories. Its clothing category offers activewear, coats, jackets, jeans, knitwear, pants and various others. Its shoes category offers boots, espadrilles, lace-up shoes, loafers and various others. Its bags category offers bag accessories, belt bags, clutch bags, crossbody bags and various others. It also offers accessories such as belts, glasses, gloves, hats and various others.