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CETTIRE Level 40/140 William Street Melbourne VIC 3000 Cettire delivers exceptional growth driven by strong trading momentum and successful strategy execution H1 FY21 highlights ( vs H1 FY20 ) : . • • Record half year , with business continuing to perform very strongly across key metrics Gross revenue¹ increased 476 % to $ 52.7 million , sales revenue increased 479 % to $ 40.5 million Product margin of 38 % and Adjusted EBITDA margin of 11 % , highlight strong profitability • Active customers² increased 319 % to 67,657 • 34 % of gross revenue from repeat customers ( H1 FY20 : 19 % ) • • • • Investment in technology accelerated ; advances in site functionality including new filters Customer proposition enhancements via pilot of free returns program and global partnership with Afterpay Successful listing on ASX ( December 2020 ) raising $ 40 million new capital for growth initiatives Positive outlook for continued growth ; re - affirm pro forma FY21 Prospectus Forecast Melbourne , Australia : 26 February 2021 - Cettire Limited ( ASX : CTT ) ( " Cettire " or the " Company " ) , a global luxury online retailer , is pleased to announce its results for the six months ended 31 December 2020 ( H1 FY21 ) . The Company delivered record sales and strong margins in a period that benefited from continued exceptional trading momentum and successful execution of its growth strategy . Gross revenue increased by 476 % to $ 52.7 million and sales revenue increased by 479 % to $ 40.5 million , driven by new customer acquisition and increasing revenue per customer . Pleasingly , 34 % of gross revenue in H1 FY21 came from repeat customers ( H1 FY20 : 19 % ) , driven by higher average spend per order and increased order frequency for this customer group . A core element of Cettire's strategy is to grow the lifetime value of its customers , providing sustainable profitability over time as the business scales . Adjusted EBITDA ( excl . IPO costs ) increased 394 % to $ 4.4 million , driven by growth in revenue and reflecting increased investment in marketing to accelerate customer acquisition and support future growth . 1 Gross revenue is revenue net of GST / VAT but is exclusive of returns from customers ; Sales revenue is gross revenues net of allowances and returns from customers 2. Active customers are customers who have made a purchase on the platform in the last 12 months Cettire Limited - ACN 645 474 166 1