RNT
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4.55% 2.3¢ rent.com.au limited

I assume that the positive IH 2018 EBITDA forecast means...

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  1. jamwolf
    5,217 Posts.
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    24/07/17
    10:10
    Post #: 26036676
    I assume that the positive IH 2018 EBITDA forecast means positive EBITDA on an ongoing basis by the end of December.

    That's still quite a call.

    Costs in the last quarter were $1.6m, ie $530k per month. Revenue in June was $188K.

    I can see how costs can be cut now the site is fully operational and organic search is increasing. But cost reduction must also come at some cost to future revenue - it certainly can't enhance it.
    RNT Price at posting: 6.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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