Rent.com.au Ltd · ASX:RNT
Rent.com.au — Shareholder Meeting (November 2016)
8 slides from Rent.com.au's shareholder meeting presentation, Nov 25, 2016
Slide 1: AGM Update
rent. AGM Update 25 November 20! 19
Slide 2: Getting on with business
Getting on with business Launched (last 4 weeks) In Progress (next 8 weeks) Renter Resume • New Rent Bond New Rent Check • New Application Renters in Suits • Other items Walk Score • New Search/Filters Transit Score • Other items Commute Calculator Properties on Pedestals Online Enquiry
Slide 3: Renter Resume
Renter Resume Great idea, only have to Fantastic take‐up, exceeding expectations enter my information • Consistent adoption since launch once ‐ James • Over 17,000 Resumes created in one month • Great feedback from Customers, is actively assisting them into properties • Allows for better positioning
Slide 4: Blog improving advocacy
Blog improving advocacy Blog Visits per Month • Record organic traffic (over 25%) 200,000 allows us to reduce costs • Blog is a fantastic resource for 150,000 customer engagement and information 100,000 • Allows for better positioning of our products 50,000 • Provides a vehicle for agents to 0 engag
Slide 5: Costs under control
Costs under control • Staff changes complete, now 31 FTE • 75% in development, customer and product roles • High Quality / Engaged with no churn • Net burn rate below $500k/month (includes 150k of marketing) • No material increases in costs planned for H2 FY17 Costs (Quarterly) Thousands Q4 FY16 Q1
Slide 6: Revenue focus
Revenue focus • Transitioning to new revenue models – ready for Jan 2017 launch • Ad Revenue now managed by Google Certified Partner • Agent Product on target for a Q3 FY17 release • New product releases in this QTR improving product adoption • Record sales month (Nov 2016) for RentCheck product Rev
Slide 7: Funded for the future
Funded for the future • Capital raising completed – $5m raised before $0.4m costs • $6.2m cash at bank (24 November 2016) • Expected cashflow positive in H1 FY18 • Strong ongoing support from institutional and sophisticated investors Composition of Share Register Solid Capital Structure 7% • New ins
Slide 8: Disclaimer
Disclaimer Important Legal Notice This presentation contains summary information about Rent.com.au Pty Ltd (RNT) as at November 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) a