Rent.com.au Ltd June 2026 Quarterly Report
Key points
- Revenue Growth Continues: Total Group revenue of $1.35 million was up 48% vs the PCP.
- RentBond® Funding Surpasses $10 Million: More than $10 million of RentBond® loans written within 10 months of launch.
- Operating Cashflow Nearly Doubles: RentBond® repayments drove customer receipts up 28% vs the March 2026 quarter.
Full summary
Rent.com.au Ltd (ASX: RNT) has released its June 2026 quarterly report, showcasing robust financial performance. Total group revenue reached $1.35 million, marking a 48% increase compared to the previous corresponding period (PCP) and a 12% increase from the previous quarter. The company's RentBond® product has been a significant driver of growth, with over $10 million in loans written within just 10 months of its launch. Operating cashflow nearly doubled, rising 28% from the previous quarter and 154% compared to the PCP. EBITDA improved by 25% quarter-on-quarter and remains on track for break-even by December 2026. Recurring revenue surpassed $1 million for the first time, accounting for 75% of total group revenue. The company remains well-funded with $6.6 million in cash and $6.25 million in undrawn debt.
Guidance
Revenue of $1.35 million, EBITDA improved by 25% quarter-on-quarter, break-even by December 2026
Outlook
Rent.com.au Ltd is focused on optimizing its platform, expanding bill payment options, and offering more savings products to drive further growth and improve margins.
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