CTT 2.79% $1.84 cettire limited

Ann: FY24 Results and Investor Briefing Details, page-39

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  1. 92 Posts.
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    If you ask AI to infer numbers using previously released data, the results are positive even on the conservative side of the guidance:

    FY24 numbers:

    H1 (we know this info already):
    $460m gross
    $354m sales rev
    Adjusted EBITDA $26.1m
    Stat EBITDA $22.4m
    Stat NPAT $12.8m

    H2:
    $515m gross (this number is real, according to announcement from 17/7)
    $396 sales rev (speculative)
    Adjusted EBITDA $32m (inferred)
    Stat EBITDA $27m (inferred)
    Stat NPAT $15.42 (inferred)

    -----

    They still have about $100m cash in the bank by the looks, no debt, solid amounts of free cash flow.

    Another thing I notice is that this company has fairly tight margins. It's gross margin hovers around 20%, and it takes a lot of sales to generate earnings growth. NPAT is often about 3% of gross revenue. For reference, Adore Beauty is about 1%, EZZ about 10%, and UNI about 15%.

    Do your own research. This is not investment advice.
 
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