RNT rent.com.au limited

Ann: Quarterly Activity Report and Appendix 4C, page-2

  1. 1,189 Posts.
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    I was hoping for a bit more growth, but 30% is a step up from previous growth. They are obviously stating 'Now' so they can include April, but if the marketing only just kicked off a nd the business development manager only started midway as we saw from the jobs ad then maybe theres hope yet.

    Crude maths of what 30% looks like;
    5000 > 6500 > 8540 > 10,950 end of year.

    This would mean their revenue likely overtakes search at the same time if their ARPU continues to grow too.

    I'd expect they need more than all this to be successful.
 
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