Rent.com.au Ltd · ASX:RNT
Rent.com.au — Investor Presentation (April 2016)
27 slides from Rent.com.au's investor presentation, April 2016
Slide 1: Investor Presentation April 2016
1 Investor Presentation April 2016
Slide 2: Disclaimer
2 Disclaimer Important Legal Notice This presentation contains summary information about Rent.com.au Pty Ltd (RNT) as at April 2016 and does not purport to be complete. This presentation is not a prospectus or a product disclosure statement under the Corporations Act 2001 (Cth) (Corporations Act) an
Slide 3: About Us
3 ABOUT US Creating the complete rental marketplace
Slide 4: The Strategic Opportunity
4 ABOUT US The Strategic Opportunity Rent.com.au (ASX:RNT) is Australia’s #1 website dedicated to rental property, becoming the long term home for renting by creating a single marketplace comprising property agents and non-agent landlords listings and a broad range of services needed by all the rent
Slide 5: Large and Fast Growing Rental Market
5 ABOUT US Large and Fast Growing Rental Market › 7 million Australians (>30%) are renters, primarily key 18-35 demographic; › Cultural shift has driven rapidly increasing renter population but much growth yet to come before we reach overseas levels – e.g. 68% of New Yorkers rent; › Significant and
Slide 6: Creating The Complete Rental Marketplace
6 ABOUT US Creating The Complete Rental Marketplace › Approximately 3 million rental properties in Australia; › Almost half of all rental properties are not managed by an agent providing a massive, under-serviced market opportunity for RNT; Now (almost half market mainly offline) Future (the comple
Slide 7: Diverse Future Revenue Streams
7 ABOUT US Diverse Future Revenue Streams Case Study of Potential Revenue* Renters Landlords Agents Advertisers Potential Estimated market size 1m/mth 1m/yr 10,000 n/a n/a Market share scenario 10% 10% 100% n/a n/a Assumed Average Transaction Value $20 $160 $200/mth $10 CPM n/a Revenue based on abov
Slide 8: Renters – 18-35, Online & Social
8 ABOUT US Renters – 18-35, Online & Social Case Study of Potential Revenue* Scenario % of 1m monthly visitors to site who 5% 10% 15% transact Assumed Average Transaction Value $20 $20 $20 Annual Revenue based on above assumptions $12.0m $24.0m $36.0m Customer Need: › Widest choice of properties and
Slide 9: Non-agent Landlords – Property Investors
9 ABOUT US Non-agent Landlords – Property Investors Case Study of Potential Revenue* Scenario % of 1 million non-agent landlords 5% 10% 15% transacting on rent.com.au during a year Assumed Average Annual Revenue $160 $160 $160 Annual Revenue based on above assumptions $8.0m $16.0m $24.0m Customer N
Slide 10: Property Agents – Growing Rent Rolls
10 ABOUT US Property Agents – Growing Rent Rolls Case Study of Potential Revenue* Scenario number of agents on paid plans 5,000 7,500 10,000 Assumed Average Monthly Payment $200 $200 $200 Annual Revenue based on above assumptions $12.0m $18.0m $24.0m Customer Need: › To grow rent rolls by accessing
Slide 11: Advertisers – Seeking 18-35 Audience
11 ABOUT US Advertisers – Seeking 18-35 Audience Case Study of Potential Revenue* Scenario Ad impressions at 1m monthly UV’s 360m 360m Assumed CPM (cost per 1000) $5 $10 Annual Revenue based on above assumptions $2m $4m Customer Need: › Timely advertising campaigns targeted towards a predominantly 1
Slide 12: Strong Board and Executive Team
12 ABOUT US Strong Board and Executive Team RNT has assembled a strong and proven Board and executive team, combining a wealth of property industry knowledge with corporate and online classifieds experience to drive success Managing Director / CEO Non-executive Chairman Non-executive Director Non-ex
Slide 13: Progress
13 PROGRESS Great strides on the road to commercialisation
Slide 14: Large, Engaged Renter Audience
14 PROGRESS Large, Engaged Renter Audience Monthly Unique Visitors 600,000 UV's Target 500,000 400,000 300,000 200,000 100,000 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015 Jan 2016 Feb 2016 Mar 2016 › More than double the number of renters visiting website in past 6 months compared
Slide 15: Shifting Non-agent Landlords Online
15 PROGRESS Shifting Non-agent Landlords Online Active Non-agent Listings per Month 1,500 1,000 500 0 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015 Jan 2016 Feb 2016 Mar 2016 › More than 15x number of monthly new landlord listings since ASX-listing; › Exponential further growth pote
Slide 16: Continued Growth in Property Agents
16 PROGRESS Continued Growth in Property Agents Registered Agents 7,400 7,150 6,900 6,650 6,400 6,150 5,900 5,650 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015 Jan 2016 Feb 2016 Mar 2016 › Strong support and testimonials from real estate agents, trainers and franchise CEO’s; › Abov
Slide 17: Delivering Advertising Volumes
17 PROGRESS Delivering Advertising Volumes Advertising Impressions Delivered 20,000,000 15,000,000 10,000,000 5,000,000 0 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015 Jan 2016 Feb 2016 Mar 2016 › Increasing volume of content and audience generates significant scale of advertising s
Slide 18: Outlook
18 OUTLOOK Well positioned for growth
Slide 19: Outlook Summary
19 OUTLOOK Outlook Summary RNT’s key objectives for the next 12 months are: › Focus on growth in listings content from agents and landlords. › Growing market share of national real estate agents listings plus continuing to add non-agent listings; › Completing the roll out of the national field sales
Slide 20: RNT's Phases of Growth – 2016 Focus
20 OUTLOOK RNT’s Phases of Growth – 2016 Focus Development Commercialisation Expansion (pre listing) 0-12 months (FY16) 12-24 months (FY17) 24+ months (FY18+) Rent.com.au is increasingly profitable and considering Launch further new products to other opportunities; benefit renters, landlords and
Slide 21: Prospectus Offer: Funding the Offline Brand
21 PROSPECTUS OFFER Funding the Offline Brand
Slide 22: Prospectus Offer
22 APPENDICES Prospectus Offer › Fully underwritten offer; › 1 for 3 entitlement offer at $0.15; › Raising $5.5 million primarily for offline marketing campaign; Description A$ Funds raised under the Offer (before payment of the costs of the 5,456,491 Offer) Marketing 4,168,000 Working Capital and A
Slide 23: Indicative Timetable
23 APPENDICES Indicative Timetable Lodgement of Prospectus with ASIC and provision of copies to ASX 7 April 2016 Notice sent to security holders 11 April 2016 Existing Shares quoted on an "ex" basis 12 April 2016 Record Date 13 April 2016 Prospectus and Entitlement and Acceptance Form sent to Eligib
Slide 24: Capital Structure Following Offer
24 APPENDICES Capital Structure Following Offer CAPITAL STRUCTURE INFORMATION ASX Code RNT Total Restricted* Free Float Ordinary Shares on Issue 145,506,427 20,008,124 125,498,303 Options 52,800,509 42,685,000 10,115,509 Performance Shares 16,321,542 16,321,542 Nil Performance Rights 12,578,383 12,5
Slide 25: Appendices
25 APPENDICES
Slide 26: Industry Comparisons
26 APPENDICES Industry Comparisons › First movers in a given market tend to dominate; › Dominant sites lead to increased traffic and higher levels of profitability; › RNT seeks to emulate in the rental property market what the following sites have achieved in their respective markets; EBITDA Company
Slide 27: 8 Years of Consistent Growth
27 APPENDICES 8 Years of Consistent Growth › RNT has spent over $10m building a robust and scalable technology platform which includes integration with over 60 software providers to the real estate industry which facilitates content and rich data Listings Content Growth Agents 70,000 Number of Activ