RNT 4.55% 2.3¢ rent.com.au limited

Ann: Renter Resume Exceeds 50,000 Mark, page-12

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  1. 609 Posts.
    lightbulb Created with Sketch. 12
    So with a quarterly spend of $1.8m the revenue using the numbers above on a quarterly basis could be
    $1.5m, $4.5m, $9m.

    So the 5% market share scenario puts them close to break-even cash-flow wise.

    I agree it's starting to look better. I think it's a no brainer for renters to take up a resume plus some of the additional products. The big test will be take-up by real estate agents and private owners for the $75 fee (which to be honest seems like a low figure given that your typical rental contract is for $30,000+ for a renter and probably $2,500 annual fee for the agent)

    Maybe this is going to work after all.
 
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