• Sales revenue of $150.3 million, -3% versus prior corresponding period
• Delivered margin of 15%, reflecting continued heightened promotional activity
• Adjusted EBITDA of $2.5 million, +0.5 million versus prior corresponding period

Cettire Limited (ASX: CTT), a global luxury online platform, has provided an update on its trading performance for the quarter ended 30 September 2025 (Q1 FY26). The key highlights include: sales revenue of $150.3 million, a 3% decrease compared to the prior corresponding period; delivered margin of 15%, reflecting continued heightened promotional activity; and adjusted EBITDA of $2.5 million, an increase of $0.5 million versus the prior corresponding period and an improvement of approximately $10 million compared to Q4 FY25. The company's active customers stood at around 641,000, an 8% decrease compared to the prior corresponding period, which the company attributed to more conservative marketing investment. The company's ex-USA gross revenue grew 18% versus the prior corresponding period, while the USA gross revenue declined 15% versus the prior corresponding period. Cettire's cash balance at the end of the quarter was $37.7 million, up from $37.1 million in Q4 FY25. The company remains focused on delivering profitability in Q2 and continuing to grow its share of the global personal luxury goods market.

In the short term, there continues to be uncertainty within the global personal luxury goods market, with softer demand and volatility in daily sales persisting, particularly within the USA, Cettire's largest market. The Company is continuing to focus on further geographic diversification of its revenue base, underpinned by its localisation strategy. Cettire remains relentlessly focused on its strategy to grow profitably while self-funding. Its immediate objective is to deliver ongoing profitability in Q2.