Rent.com.au Ltd · ASX:RNT
Rent.com.au — Investor Presentation (November 2022)
21 slides from Rent.com.au's investor presentation, Nov 10, 2022
Slide 1: Investor Presentation
Slide 2: Introduction
INTRODUCTION rérit.com.au * Rent.com.au is the leading dedicated renter site/app, the highest rated by renters * RentPay payments platform extends RNT’s addressable market 20x * Provides renters with flexibility and value, provides agents with time/cost savings * RentPay is built and optimised: >3,5
Slide 3: Across 2.6 million renter households
across 2.6 million renter households$ % of renter households in Australia$
Slide 4: We believe Australia's renters deserve better
We believe Australia’s renters deserve better, so we’re determined to be the champion they need... ..by building technology to enable and empower Australia’s renters.
Slide 5: Improving the entire renting journey
IMPROVING THE ENTIRE RENTING JOURNEY réfit.com.au 6 weeks 30 months SEARCH PHASE TENANCY PHASE Looking Applying Moving Living Ownership o— © rénit.com.au réntpay * Addresses important, short Search phase (5% of renters) * Addresses longer Tenancy phase (95% of renters) * Largest dedicated renter cha
Slide 6: Building our community
ant rent.com.au BUILDING OUR COMMUNITY We have built Australia’s largest dedicated renting # 4 on A 4 A R community, providing properties, process and advice to Google) thousands of people every day app store (credit rating improvement out ) (eortPay is intuitive and helphul- Excel... 9 Aug ) ~ Aver
Slide 7: Why the tenancy period is important to us
WHY THE TENANCY PERIOD IS IMPORTANT TO US = ritcomau The tenancy period provides a 20x addressable market in terms of value, duration and people réntpay * Makes us relevant to ALL renters (everyone pays rent) * Provides a recurring (annuity) style income stream * Longer period to engage with our cus
Slide 8: What we are solving
WHAT WE ARE SOLVING FOR TENANTS Choice in how they pay (can use direct debit, Osko, credit card and more) Choice in when they pay (choose their own timing, sync to payday) Tools to help manage payments (split payments, build a buffer, emergency funds, alerts) Recognition for a great payment history
Slide 9: Growth lever 1: Customers
GROWTH LEVER 1: CUSTOMERS rénit.com.au Customers using RentPay is a key growth driver, both direct (Renters) and via Agents that choose to use RentPay as their preferred payments platform Rent.com.au with ~700,000 monthly unique visitors is a key channel. Marketing to this audience stepped up from M
Slide 10: Growth lever 2: ARPU
GROWTH LEVER 2: ARPU rénit.com.au RentPay is designed as a platform for layering multiple services. Each of these services contribute to the overall attractiveness of RentPay AND to the ARPU we earn ARPU Mortgages, Insurance, Internet, Finance, etc G Origin Bill Smoothing g Scorebuilder (& safetynet
Slide 11: Significant addressable market
SIGNIFICANT ADDRESSABLE MARKET réfit.com.au POTENTIAL ANNUAL RENTPAY REVENUES (VARIOUS ARPU’S & MARKET SHARES!) The size of the opportunity with RentPay is immense, all renters pay rent — over $60 billion worth a year. With RentPay they can now get value and flexibility for that by making their rent
Slide 12: Traction improving
TRACTION IMPROVING 12 ) nt.com.au 6) After a slow start, in the last 6 months we have: * Remodelled the onboarding process (>70% improved conversion from start to “active”) * Greatly improved the value proposition for customers Seeing improved traction across both renter and agent channels - >$50m t
Slide 13: Recent highlights
RECENT HIGHLIGHTS réfit.com.au 13 We see RentPay and the tenancy period as the next phase of our growth, leveraging the rent.com.au community Va Bill Smoothing launched, $5 cashback improves value proposition (and ARPU) RentPay granted an Australian Credit Licence (opens path to finance/mortgages) I
Slide 14: Corporate Information
CORPORATE INFORMATION
Slide 15: Rights issue - summary
RIGHTS ISSUE - SUMMARY réfit.com.au ¢ Fully Underwritten Rights Issue to raise $2.9 million at $0.04 per Share (before costs) ¢ Australian technology entrepreneur Bevan Slattery has agreed to sub-underwrite $1 million, a further endorsement of the Company and its RentPay platform * Directors intend
Slide 16: Rights issue - use of funds
RIGHTS ISSUE — USE OF FUNDS 16 Pre Offer cash available $1,273,354 Funds raised from the Offer $2,938,000 TOTAL FUNDS AVAILABLE $4,211,354 RentPay Sales & Marketing $1,856,000 RentPay Additional Services $1,345,000 Costs of the Offer $208,179 General working capital $802,175 TOTAL FUNDS APPLIED $4,2
Slide 17: Rights issue - indicative timetable
RIGHTS ISSUE — INDICATIVE TIMETABLE ant rent.com.au Announcement of Rights Issue and lodgement of Appendix 3B 27 October 2022 Lodgement of Offer Document and s708AA notice 27 October 2022 Notice to Shareholders 1 November 2022 Existing Shares quoted on an "ex" basis 7 November 2022 Record Date 8 Nov
Slide 18: Corporate information
CORPORATE INFORMATION rérit.com.au Share price (31 October 2022 close) $0.039 Bevan Slattery (HNW — holder since 2021) 9.8% Ordinary Shares on issue 440,691,998 Jason Carroll (HNW — holder since 2016) 5.5% MARKET CAPITALISATION $17.2m Greg Bader (CEO — holder since 2016) 4.7% Cash on hand (30 Septem
Slide 19: Seasoned board
SEASONED BOARD réfit.com.au GARRY GARSIDE NON-EXECUTIVE CHAIRMAN = Experienced property developer and investor = Founded Prime Health Group before merging it with Westpoint Healthcare to form Endeavour Healthcare = MBA (University of WA) SAM MCDONAGH NON-EXECUTIVE DIRECTOR = 20+ years experience in
Slide 20: Experienced management team
EXPERIENCED MANAGEMENT TEAM réfit.com.au GREG BADER CHIEF EXECUTIVE OFFICER = 20+ years proven success as a senior executive in rapidly growing technology businesses r = Former senior executive at iiNet, Chief Technology Officer and then Chief Business Officer = MSc/MBA (Murdoch University) JAN FERR
Slide 21: Thank you
THANK YOU Contact: investors@rent.com.au 08 6145 2609 réfit.com.au