Business
Final Results for the year to 31 December 2024
Final Results for the year to 31 December 2024.
About this update from Rentguarantor Holdings Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.\n18 March 2025\nRentGuarantor Holdings PLC\n \n(the \"Company\" or \"RentGuarantor\")\n \nFinal Results for the year to 31 December 2024\n \nThe Board of RentGuarantor (AQSE: RGG), a provider of rent guarantee services to prospective tenants across the socio-economic spectrum wishing to rent property in the UK private rental sector, is pleased to announce its annual audited financial accounts and report for the year to 31 December 2024 (the \"Annual Report\"). \n \nFinancial & Operational Highlights\n\n\n\n\n \n\n\n2024\n\n\n2023\n\n\n\n\nRevenue up 72%\n\n\n£1,274k\n\n\n£741k\n\n\n\n\nTenant contracts up 50%\n\n\n1,687\n\n\n1,124\n\n\n\n\nAverage contract price up 14%\n\n\n£755\n\n\n£660\n\n\n\n\nArrears claims % of revenue\n\n\n4.03%\n\n\n2.32%\n\n\n\n\n· Council Partners 10 in 2024. \n· Partnership Agreements with letting agents 165.\n· Industry events attended in 2024 was 34\n \nA copy of the Annual Report has been published on the Company's website, https://investorhub.rentguarantor.com/, in accordance with its articles of association, and can also be viewed through the link below. For those shareholders who receive printed copies of the Annual Report, these will be posted shortly.\n\nhttp://www.rns-pdf.londonstockexchange.com/rns/1059B_1-2025-3-18.pdf\n \nKey elements of the Audited Accounts can be viewed below.\n \nFor more information, please contact:\n \n\n\n\n\nRentGuarantor Holdings PLC\nPaul Foy, Chief Executive Officer\n \n \n\n\n+44 207 193 4418\n\n\n\n\nAllenby Capital Limited - AQSE Corporate Adviser\nNick Harriss/Ashur Joseph/Alex Brearley - Corporate Finance\n \n \n\n\n+44(0)20 3328 5656\n\n\n\n\n \nAbout RentGuarantor\nRentGuarantor provides a rent guarantee service to tenants wishing to rent property in the UK from the Private Rental Sector (\"PRS\"). It is an online service where applications are managed on a secure and bespoke digital platform designed and built by the Company. The goal is to make the process as simple as possible, with applicati...