RNT rent.com.au limited

The pessimist in me didn't love it - but it is ~23% growth in...

  1. 1,189 Posts.
    lightbulb Created with Sketch. 148
    The pessimist in me didn't love it - but it is ~23% growth in this quarter already.

    If you look at 28th April they state 5025, so 529 up to 28th April, then another 500. They say its split between online and agency, which is nice.

    If they hold these signups in June that is 1500 for the quarter, so +30% on the quarter. Taking that out to end of year.

    6,000 > 8,000 > 10,400

    Not close to being cashflow breakeven, but maybe there'll be some better news from search and ARPU. They'll likely run out of cash again unfortunately.

    The other thing with these apps, often once they gain traction the growth can get very fast. So hopefully we get more updates on others parts of the business.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.8¢
Change
0.000(0.00%)
Mkt cap ! $23.88M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 220000 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 12900 2
View Market Depth
Last trade - 10.46am 30/06/2025 (20 minute delay) ?
RNT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.