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Rent.com.au Ltd Reports Revenue Decline and Increased Losses for Half-Year 2024

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Rent.com.au Ltd Reports Revenue Decline and Increased Losses for Half-Year 2024

Rent.com.au Ltd ( (AU:RNT) ) has provided an announcement.

Rent.com.au Ltd reported a 10.4% decline in revenue for the half-year ending December 31, 2024, compared to the previous year. The company’s EBITDA and share-based payments showed a deterioration of 25.6%, and the net loss attributable to members increased by 11.1%. No dividends were paid or declared for this period, indicating financial challenges and potential implications for stakeholders.

More about Rent.com.au Ltd

Rent.com.au Ltd operates in the real estate industry, providing an online platform focused on rental property listings and related services. The company primarily targets the Australian rental market, offering tools and resources for renters, landlords, and property managers.

YTD Price Performance: -20.0%

Average Trading Volume: 624,855

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$12.13M

Learn more about RNT stock on TipRanks’ Stock Analysis page.

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