RNT 4.55% 2.3¢ rent.com.au limited

Business model, page-2

  1. 48 Posts.
    Here are the revenue figures for 2015 & 2016 from note 3 of the 2016 financial report:

    Column 1 Column 2 Column 3
    0 Revenue 2016 2015
    1 Agent fee 178795 18061
    2 Private listings 36305 45712
    3 Product and services 201699 66225
    4 Advertising 331696 41199
    5 Total 748495 171197

    The investor presentation from Feb 2016 details proposals:
    to charge private landlords per transaction
    to charge agents a monthly fee
    to charge renters for their online products e.g. rentbond etc

    A figure from he AGM presentation from November 2016 suggests Q1 revenue around 350K and projected Q2  at approximately 375K.  It also stated: “ Transitioning to new revenue models  - ready for January 2017 launch”.

    I have no details as to what these are and how RNT will effectively monetize their service.
 
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