Cettire Ltd. · ASX:CTT
Cettire — Shareholder Meeting (November 2023)
13 slides from Cettire's shareholder meeting presentation, Nov 16, 2023
Slide 1: AGM Chair Address and CEO Presentation
AGM Chair Address and CEO Presentation Melbourne, Victoria: 16 November 2023 – 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 document has been authorised for release by the Directors of
Slide 2: 2023 Annual General Meeting
For personal use only 2023 ANNUAL GENERAL MEETING 16 NOVEMBER 2023 1
Slide 3: Chairman's Address
For personal use only ADDRESS CHAIRMAN’S 1 2
Slide 4: Chairman's Address to AGM
Chairman’s Address to AGM With a focus on self-funding and profitable growth during FY23, the business continued to deliver across all key metrics and achieved record sales revenues of $416 million, representing 98% year-on-year growth. This growth demonstrates the strength and agility of the busine
Slide 5: Cettire Overview
CETTIRE OVERVIEW C E T T IR E IS A G L O B AL L UXUR Y G O O DS P L AT F O R M Global Brands Global Customers For personal use only 53 geographic >2,500 brands1 markets RANGE >45m unique website visits2; >500,000 products1 RAPID VALUE FULFIL 487,000 Active MENT Customers3 58% of Gross ~$2bn revenue
Slide 6: Founder & CEO's Address
For personal use only 2 FOUNDER & CEO’S ADDRESS 5
Slide 7: FY23 Financial Highlights
FY23 FINANCIAL HIGHLIGHTS RAPID, PROFITABLE GROWTH DELIVERING FY23 ADJUSTED EBITDA OF $29.3 MILLION FY23 Reported +87% +98% $29.3m ~$46m +63% For personal use only Gross revenue 1 Sales revenue 1 Adjusted EBITDA 3 Net cash vs Active customers 2 to 423k to $539.2m to $416.2m $23m at 30 June 2022 FY23
Slide 8: FY23 Operational Highlights
FY23 OPERATIONAL HIGHLIGHTS SUCCESSFULLY EXECUTED AGAINST FULL-YEAR PROFITABLE GROWTH STRATEGY Profitable growth • Focused execution on profitable growth strategy in core fashion and accessories verticals execution • Significant fulfilment unit cost reductions achieved For personal use only • Market
Slide 9: Q1 FY24 Highlights
Q1 FY24 HIGHLIGHTS R AP ID, P R O F IT AB L E G R O WT H DE L IV E R IN G Q 1 F Y2 4 ADJUST E D E B IT DA O F $ 8 .7 M IL L IO N Q1 FY24 Reported 3 +98% +92% $8.7m ~$59m +69% For personal use only Gross revenue 1 Sales revenue Adjusted EBITDA 3,4 Net cash vs Active customers 2 to $167.4m to $127.1m
Slide 10: FY24 Strategic Priorities
FY24 STRATEGIC PRIORITIES LEVERAGING TECHNOLOGY TO ADD SIGNIFICANT VALUE ACROSS THE LUXURY VALUE CHAIN 1 2 3 For personal use only Continued growth in Increase penetration in Expansion into established markets¹ emerging markets¹ new markets & verticals Early in the market penetration story Enabled b
Slide 11: Cettire Remains Ideally Positioned for Ongoing Growth
CETTIRE REMAINS IDEALLY POSITIONED FOR ONGOING GROWTH 1 Global growing TAM, with structural tailwinds and increasing penetration in multiple markets For personal use only 2 No inventory business model, delivering capital efficient growth and compelling risk reward 3 Proprietary technology, enabling
Slide 12: 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 13: Global Online Luxury Retailer
GLOBAL ONLINE LUXURY RETAILER For personal use only WWW.CETTIRE.COM 12