RNT 4.55% 2.3¢ rent.com.au limited

Ann: Quarterly Activities Report and 4C, page-18

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  1. 609 Posts.
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    Well, revenue is growing which is good. Profits will probably be next year. I'd say that RNT will raise capital and also slightly increase the cash-burn to bring on new services to increase the ARPU so even if they hit breakeven mid this year then they won't necessarily swing to profit straight after that. However, if by late 2018 revenue is cranking up it won't matter too much.
 
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