RNT 4.55% 2.3¢ rent.com.au limited

Ann: Renter Resume Exceed 175,000 Milestone, page-4

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  1. 107 Posts.
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    My analysis is showing revenue growth between 22% and 16%. Historically they been generating a $1.7 new revenue for each RR. Based on new info that they have doubled the sales conversion 10% then I am expecting this estimate to increase as well. I have low level of confidence (50%) on the estimates $1.80 - $2.55 but I can't see revenue growth being less than 10%.

    10% was my original baseline base on last qtr results but this info as well my own sampling of agent coverage makes me think this will be a good quarter.

    While this is good news it only shifts the dial marginally in terms of FCF. Still a few years before that happens but I am happy to ride incrementally bits of good news all the way to the bank.
 
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Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $14.35M
Open High Low Value Volume
2.4¢ 2.5¢ 2.3¢ $18.16K 755.0K

Buyers (Bids)

No. Vol. Price($)
1 32713 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 173262 3
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