RNT 5.00% 1.9¢ rent.com.au limited

They pretty much gave us some of this 2 weeks ago, they only...

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  1. 1,131 Posts.
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    They pretty much gave us some of this 2 weeks ago, they only have 100 odd in the first weeks of January if you compare the numbers, but thats honestly to be expected.

    8600 is a little shy of 9k I wanted, but sounds like they are confident of subs in the pipeline.

    Revenue and EBITDA are ok, ARPU stable, wouldn't expect different.

    Next 6 months we'll be looking for the rewards, payment varieties etc to bolster ARPU and importantly improve growth. 1500 a quarter is a must, but will really need to be more in April onward, jan will obviously be tough.

    Definitely slow moving, but progress. If they ever get cashflow positive then this is a winner.
 
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