Rent.com.au Exceeds AU$1 Million in Quarterly Revenue; Shares Up 13%

MT Newswires Live

01/20

Rent.com.au (ASX:RNT) said it has exceeded AU$1 million in quarterly revenue for the first time, according to a Tuesday Australian bourse filing.

The company said revenue was up 34% from the same quarter in the previous year, driven by increasing recurring revenues from its RentBond and RentPay operations, as 67% of the quarter's revenue came from recurring sources.

The company said it has AU$7.5 million in cash and AU$5 million in undrawn debt as of Dec. 31, 2025, plus an additional AU$1.6 million, before costs, received in early January.

The company's shares rose almost 13% in recent Tuesday trade.

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