• Record revenue of $1.2 million, up 30% year-over-year
• Achieved first-ever positive operating cashflow of $0.5 million
• Recurring revenue grew 168% year-over-year, now 67% of total revenue

Rent.com.Au Ltd (ASX: RNT), Australia's leading platform for renters, has reported its Q3 FY26 results, highlighting a landmark quarter with several key achievements. Total group revenue reached a new record of $1.2 million, up 30% compared to the prior comparative period (PCP) and 20% higher than the previous record quarter in December 2025. The company also achieved positive operating cashflow for the first time, delivering $0.5 million. This was driven by a 35% increase in customer receipts versus the prior quarter and nearly a 3-fold increase compared to the PCP. EBITDA also improved 22% quarter-on-quarter, putting the company on track to break even by December 2026. Recurring revenue, a key focus area, grew 168% year-over-year and now accounts for 67% of total revenue. The company remains well-funded, with $7.5 million in cash and $8.5 million in undrawn debt as of 31 March 2026, providing significant resources to execute its growth strategy. The company has made progress across its five key platform categories, including launching a new freemium model for its RentPay payments product, introducing interest-earning capabilities on RentPay wallet balances, and optimizing its RentBond loan offering. Looking ahead, the company's priorities for the June 2026 quarter include further revenue growth and EBITDA improvement through RentBond optimization, the launch of a property portal referral partnership, expanded bill payments functionality, and the consolidation of RentBond onto the core platform to enable better product cross-selling.

The company expects application and credit policy enhancements to its RentBond loan offering to generate approximately 50% additional monthly loan volume. Loss rates remain within budget, and enhanced capability has surfaced further lending optimization opportunities.

The company remains focused on building the foundations for the next phase of growth, targeting the estimated $85 billion per annum Australian rental market. Key priorities include further revenue growth, EBITDA improvement, and the launch of new products and partnerships to support renters and drive long-term, margin-accretive growth.