CCX city chic collective limited
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Ann: FY24 Appendix 4E and Financial Statements, page-6

  1. Nano_Land
    282 Posts.
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    28/08/24
    18:17
    Post #: 75420720
    To my understanding the $18m is pre leasing costs, so you would need to subtract ~$11m in rent to get pre-AASB16 EBITDA of $7m.
    Multiples on this basis not that great (EV/EBITDA 6.0x, EV/EBIT ~12x) - but to me this is a FY26 story. Further like store sales leverage and store openings could quickly changes the metrics.
    CCX Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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