Cettire (ASX:CTT) has announce its results for the six months ended 31 December 2022 (“H1-FY23”), achieving a gross revenue of $242.7M, a 57% increase from the prior corresponding period.

The luxury fashion retailer says its sales revenue was $187.7M, a 65% increase from the prior period.

It also says its adjusted EBITDA was $16.7M, and paid customer acquisition expenses were 7.9% of sales revenue.

Net cash balance was $53.3 million and active customers increased by 50%.