• Strong Revenue Growth: RentBond® running at over $1 million in new loans per month
• Business Model Validated: Growth in new loans driving higher RentBond® revenue
• Improved Profit Margins: Rent.com.au strategically allocating equity capital to fund loans, reducing costs

Rent.com.au Limited (ASX: RNT) is pleased to report a key milestone in the rollout of RentBond®, with annuity revenue from Rent.com.au funded loans exceeding $100,000 in a month for the first time, demonstrating accelerating product uptake and recurring revenue growth. Total RentBond® revenue is further supported by additional upfront commission income from loans referred to third-party providers under existing arrangements. The strong revenue growth, with RentBond® now running at over $1 million in new loans per month, is underpinning the company's confidence in the scalability and strength of the Rent.com.au model. Rent.com.au is strategically allocating a portion of equity capital to fund loans, reducing funding costs and improving portfolio profitability. The early exercise of options has provided more than $5 million in additional capital, enabling the company to co-fund loans alongside the Eldium Income Fund facility, which meaningfully lowers the funding costs and increases the profitability of each loan as volumes continue to grow.

Demand for new RentBond® loans continues to be very strong, highlighting the growing value of the offering for renters. As the annuity income builds, seasonality is becoming far less relevant to the company's performance, giving Rent.com.au greater confidence in its ability to scale consistently throughout the year.