Cettire Ltd. · ASX:CTT
Cettire — Shareholder Meeting (November 2022)
15 slides from Cettire's shareholder meeting presentation, Nov 17, 2022
Slide 1: ASX Announcement: Chair address and CEO presentation
For personal use only ASX Announcement Melbourne, Victoria: 17 November 2022 – Cettire Limited (ASX: CTT) (“Cettire” or the “Company”), a global luxury online retailer, attaches the Chair address and CEO presentation to the AGM today. This announcement has been authorised for release by the Board of
Slide 2: Chairman's Address to AGM
Chairman’s Address to AGM Strategically positioned for growth, in FY22, the business delivered in all key metrics and achieved record For personal use only sales revenue of $210 million, a year-on-year increase of 127%. This growth was driven by operational enhancements and investment in technology
Slide 3: 2022 Annual General Meeting
For personal use only 2022 ANNUAL GENERAL MEETING 17 NOVEMBER 2022 1
Slide 4: Chairman's Address
For personal use only 1 ADDRESS CHAIRMAN’S 2
Slide 5: Cettire Overview
CETTIRE OVERVIEW C ET T IRE IS A G LO B A L O N LIN E LU X U RY RET A ILER For personal use only Selection Customers Economics >297,000 Active >400,000 products1 53 markets Customers3 44.7m unique website ~90% international >2,500 brands1 visits2 revenue2 50% of Gross revenue from >$1 bn stock value
Slide 6: Cettire Value Proposition
CETTIRE VALUE PROPOSITION C ET T IRE O F F ERS O N E O F T H E LA RG ES T S ELEC T IO N S O F LU X U RY O N LIN E. W E O F F ER C O M P ET IT IV E P RIC IN G A N D RA P ID F U LF ILM EN T , EN A B LED B Y O U R H IG H LY S C A LA B LE P RO P RIET A RY T EC H N O LO G Y For personal use only RANGE VA
Slide 7: Founder & CEO's Address
For personal use only 2 FOUNDER & CEO’S ADDRESS 5
Slide 8: Highlights FY22
HIGHLIGHTS FY22 S IG N IF IC A N T P LA T F O RM O P T IM IS A T IO N U N DERT A K EN DU RIN G H 2 F Y 22 For personal use only Key H2 operational milestones: Completed migration to proprietary storefront software >400k Continued localisation; broadening of geographical revenue base Orders (+137
Slide 9: Cettire's Continued Evolution
CETTIRE’S CONTINUED EVOLUTION C ET T IRE H A S A N EN V IA B LE A B ILIT Y T O REM A IN A G ILE, M A IN T A IN IN G S T RA T EG IC F LEX IB ILIT Y For personal use only Sales revenue $209.9m $92.4m $22.9m $0.5m $5.7m FY18 FY19 FY20 FY21 FY22 FY23 FY24+ EBITDA margin2 10% 12% 12% Pre-IPO Since IPO FY
Slide 10: Highlights Q1 FY23
HIGHLIGHTS Q1 FY23 RA P ID, P RO F IT A B LE G RO W T H DELIV ERIN G Q 1 F Y 23 A DJU S T ED EB IT DA O F $ 5. 5 M ILLIO N For personal use only Q1 FY23 Reported 3 +62% +72% $5.5m ~$30m +102% Gross revenue 1 Sales revenue Adjusted EBITDA 4 Net cash vs Active customers 2 to $84.4m to $66.1m $23m at 3
Slide 11: Trading Update and Outlook
TRADING UPDATE AND OUTLOOK S ELF -F U N DIN G O P ERA T IN G M O DEL, T A RG ET IN G P RO F IT A B ILIT Y IN F Y 23 For personal use only • Our positive trading momentum has continued into October: Early look into Q2 FY23 — October 2022 sales revenue2 increasing +82% on the pcp • Strong October-22 A
Slide 12: FY23 Strategic Priorities
FY23 STRATEGIC PRIORITIES LEV ERA G IN G T EC H N O LO G Y T O A DD S IG N IF IC A N T V A LU E A C RO S S T H E LU X U RY V A LU E C H A IN For personal use only 1 2 3 Continued growth in Increase penetration in Expansion into established markets¹ emerging markets¹ new markets & verticals Early in
Slide 13: Cettire Remains Well-Positioned for Ongoing Growth
CETTIRE REMAINS WELL-POSITIONED FOR ONGOING GROWTH For personal use only Massive + growing TAM, with structural tailwinds Global platform and opportunity, with traction in multiple markets Track record of explosive growth and cash generation No inventory business model, delivering capital efficient
Slide 14: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER The information contained in this document and discussed at this presentation (collectively, the Presentation) has been prepared by Cettire Limited (ACN 645 474 166) (Cettire or the Company). The Presentation is subject to the conditions outlined below. Your receipt o
Slide 15: Global Online Luxury Retailer
For personal use only GLOBAL ONLINE LUXURY RETAILER WWW.CETTIRE.COM 13