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$2.22 cettire limited

Ann: Q3 FY24 Trading & Market Update, page-32

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dim81

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12/04/24

11:38

Post #: 73312320
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Originally posted by saintex: ↑

Not easy to compare qoq, as we know that there is a significant seasonality : Q2 is their strongest quarter and Q3 the weakest.
Unfortunately we can't compare with Q3 last year, which was not disclosed.
They just disclosed Jan-April 23 : revenues were 141 m $ (+ 122 %) and EBITDA was at least 7 m $.

Based on these elements EBITDA margin seems a bit weak for Q3 24 (3.1 % vs 5 % for Jan-Apr 23).
It is not explained by delivered margin, but by higher marketing expenses, according to the details they gave.

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They spent an additional $6-7m (3-4% of sales on marketing / brand investment)

This is prudent given the imminent launch of China & customer adds.

CTT Price at posting: $3.15 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.22		Change -0.070(3.06%)		Mkt cap ! $846.3M

Open	High	Low	Value	Volume
$2.25	$2.27	$2.16	$15.82M	7.143M

Buyers (Bids)

No.	Vol.	Price($)
2	9238	$2.20

Sellers (Offers)

Price($)	Vol.	No.
$2.22	10161	2

View Market Depth

No.	Vol.	Price($)
2	9238	2.200
6	67960	2.180
3	20394	2.170
4	50362	2.160
7	191870	2.150

Price($)	Vol.	No.
2.220	161	1
2.230	50998	3
2.240	39000	3
2.250	20191	2
2.270	6673	2

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Last $2.20			Change -0.070 ( 3.81 %)
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