Plenty to Be Curious About in Cettire's Annual Result -- Market Talk

Dow Jones
2025/08/29

0022 GMT - There's plenty in Cettire's annual result to arouse RBC Capital Markets' curiosity. Analyst Wei-Weng Chen says the departure of Daniel Agostinelli from Cettire's board after just four months appears unusual. "As does the decision to give material cash pay rises to the CEO and CFO in a time of stress," RBC says. For RBC, Cettire's balance sheet is the key issue. Despite only a modest Ebitda loss in June, cash fell an additional A$8 million that month. "Adding to our balance sheet concerns is a reclassification of A$22 million of VAT receivables to non-current with Cettire noting that while the receivables are recoverable, timing is uncertain," RBC says. It has an underperform call on Cettire, which is up 17% at A$0.35 today. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

August 28, 2025 20:22 ET (00:22 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10