Ann: December 2024 Quarterly Activity Report and App 4C, page-5

Seems onboarding customers seem to be quite labour intensive for both agency and rent.com.au as they voluntarily paused onboarding until after the holidays - which means this quarter was intended to be a dead growth period.

On the flip side, they managed to get 11 new agencies in the pipeline during this period, and their rentpay product went from 50m to 59m QoQ revenue. 18% over the holiday period, and the previous quarters, it stagnanted... that's kinda gooooood

Seems like next quarter will be the true test