Ann: Renter Resume Exceeds 75,000 users, page-4

This is a very good update. There has been a very clear direction and implementation under the new MD since founder step down and the business plan is both clear and well articulated. The update is concise and crystallizes the investment case so well that I have very little to add!

A 1.5% market share is excellent already and given guidance of 5% by H2 (EBITDA breakeven), if executed, will offer compelling value. Everything presented to date indicates a focused team delivering this-I hope the forthcoming 4Cs show this playing out.