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3.32%

$2.34 cettire limited

Ann: Q3 FY24 Trading & Market Update, page-54

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curlyhart

315 Posts.

32

12/04/24

14:05

Post #: 73316052
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Originally posted by dim81: ↑

You shouldn't be investing if you dont understand financial statements, and mislead others.

Growth has not slowed.

Delivered margins have been maintained (> 20%) so no material change in gross profit (i.e. revenue - cost of sales) percentage.

They have earned EBITDA of $6m, but spent a further $6m on brand investment and marketing.
(i.e. EBITDA could have been $12m if the marketing was maintained at the same % of prior periods)

They are spending this on brand investment for China, as well as to fuel further growth (with Farfetch going bankrupt) - as they should as a land grab.

This is a massive cash cow.

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Dim,
I agree with your sentiment. Can you just clarify how you identified the additional 6M in marketing beyond the normal spending?

CTT Price at posting: $3.23 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.34		Change 0.075(3.32%)		Mkt cap ! $888.2M

Open	High	Low	Value	Volume
$2.28	$2.36	$2.28	$1.261M	544.1K

Buyers (Bids)

No.	Vol.	Price($)
9	24541	$2.33

Sellers (Offers)

Price($)	Vol.	No.
$2.34	11795	17

View Market Depth

No.	Vol.	Price($)
12	26744	2.330
19	62104	2.320
14	24758	2.310
13	284874	2.300
4	8528	2.290

Price($)	Vol.	No.
2.340	2439	4
2.350	21687	15
2.360	54474	14
2.370	69370	13
2.380	51993	10

Last trade - 11.52am 07/06/2024 (20 minute delay)


Last $2.35			Change 0.075 ( 3.86 %)
Open	High		Low	Volume
$2.30	$2.36		$2.29	149744
Last updated 12.10pm 07/06/2024 ?

CTT (ASX) Chart