• Revenues from continuing operations down 0.4% to $69.2M
• Loss for the period from continuing operations down 47.6% to $3.5M
• Underlying EBITDA from continuing operations up 84% to $6.5M

City Chic Collective Limited has reported its half-year results for the 26 weeks ended 28 December 2025. Revenues from continuing operations were down 0.4% to $69.2 million, while the loss for the period from continuing operations was down 47.6% to $3.5 million. The company's underlying EBITDA from continuing operations increased by 84% to $6.5 million, continuing the momentum achieved in the prior financial year. Both gross margin percentage and average selling price continued to improve as customers responded positively to product elevation initiatives. Customer numbers remained resilient, and the focus on high-value customers continued to deliver favourable outcomes. The USA business continued to make a profitable contribution to the group and exceeded sales expectations, despite a deliberate reduction in inventory in response to tariff-related volatility. Costs remained well controlled, with ongoing discipline applied to ensure the cost base remained appropriately aligned with trading performance. During the half, all debt was fully repaid, with clean-down covenants for FY26 met. The period ended December with no drawn debt and total cash of $5.4 million. In addition, the $10 million debt facility was extended through to 31 March 2028, with existing covenant arrangements maintained.