RNT rent.com.au limited

I mean you look at their report today and you can see what they...

  1. 1,191 Posts.
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    I mean you look at their report today and you can see what they are trying to do, but what worries me is whether or not they actually can do it in a timeframe that matters.

    The good I can gleam;
    - 3000 rentpay customers, with a big takeup of the credit score builder - that uptake is good news and in this market I think shows promise in increasing their ARPU.
    - They also mention working with other rental agencies, if they can sign another few then they are well on their way to building good customer base.
    - Search and renter resume sections are making more and more money, they have a solid asset there now, if they can grow that EBITDA to $500k over the next year that is going to help significantly.

    What I am looking for in the next 6 months is
    a) 8-10k rentpay customers by end December - if they hit that many then its showing excelerated growth, and the more that use it the more exponential growth there is.
    b) Some more deals to go along with their bill smoothing, a phone/internet company would be great - gives people a real place to sort out finances/bills in the one spot.
    c) Information about cash burn and plans - cos a CR at this share price hurts.

 
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(20min delay)
Last
2.6¢
Change
-0.002(7.14%)
Mkt cap ! $22.17M
Open High Low Value Volume
2.6¢ 2.7¢ 2.6¢ $43.06K 1.651M

Buyers (Bids)

No. Vol. Price($)
4 1215000 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 293224 1
View Market Depth
Last trade - 15.25pm 01/07/2025 (20 minute delay) ?
RNT (ASX) Chart
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