bullish
Rent.com.au Ltd - Tight Housing Market Bites on Advertising, RentPay Shines
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 Q3 FY23 revenue of $0.631m, down 26% on the previous corresponding period (pcp) but up 4% on the December quarter.
- Underlying EBITDA was an estimated loss of $0.78m, compared with an EBITDA loss of $0.36m in Q3 FY22 with the bulk of the loss attributable to the investment in RentPay.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Research as a Service (RaaS)
Insightful Financial Models and Research Analysis
Price Chart(Sign Up to Access)
- Loading...
x