bullish

Rent.com.au Ltd - RentPay Making Good Progress with ARPU and Customers

208 Views27 Feb 2023 10:34
Issuer-paid
SUMMARY
  • Rent.com.au Limited (ASX:RNT) is a purpose-led company seeking to empower home renters through their technology platform and a growing number of aligned transactional services.
  • The company has reported H1 FY23 revenue of $1.43m, down 12.6% on the previous corresponding period (pcp) and below our forecast for $1.95m for the half.
  • Underlying EBITDA was a loss of $1.0m, compared with $0.82m in H1 FY22. The EPS loss for the period was flat year on year.
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