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Cettire

ASX:CTT

















The ASX-listed dropshipper's rollercoaster ride continued today as it tried and failed to distract investors away from its sinking profit.









Overall, corporate Australia scored a passing grade this earnings season, but it faces a tougher test over the next 12 months.


Cettire has repeatedly been called out for a lack of transparency or accountability. The company did little to combat those claims with late results and an odd earnings call performance.







Online fashion retailer Cettire lost half its market value today after an earnings downgrade. It's vindication for the sceptics who have raised a multitude of concerns about the company.






It's being described as the biggest battleground stock on the ASX. But whether Cettire is the next Afterpay or destined to disappoint depends on who in the market you listen to.