Rent.com.au Ltd · ASX:RNT
Rent.com.au — Shareholder Meeting (November 2023)
30 slides from Rent.com.au's shareholder meeting presentation, Nov 29, 2023
Slide 1: Annual General Meeting 2023
ANNUAL GENERAL MEETING 2023 29 NOVEMBER 2023 ASX: RNT
Slide 2: Agenda
AGENDA • CHAIRMAN’S WELCOME • VOTING INSTRUCTIONS • VOTING OPENS • RESOLUTIONS & RESULTS OF PROXY VOTING • VOTING CLOSES • CEO PRESENTATION • Q&A 2
Slide 3: Voting Instructions
VOTING INSTRUCTIONS For support call: 1300 288 664 3
Slide 4: Results of Proxy Voting
RESULTS OF PROXY VOTING DISCRETION TOTAL TOTAL RESOLUTION FOR AGAINST ABSTAINED EXCLUDED ARY FOR AGAINST (% OF ELIGIBLE PROXY (VOTED FOR) VOTES) 4
Slide 5: CEO Presentation
CEO PRESENTATION
Slide 6: Recent Highlights
RECENT HIGHLIGHTS STRONG RENTPAY ADDING REVENUE LINES ADDING NEW CUSTOMER GROWTH TO SEARCH PORTAL PARTNERSHIPS • • • • • • • • 6
Slide 7: Financial Summary
FINANCIAL SUMMARY GROUP REVENUE • • • • 7
Slide 8: Financial Summary
FINANCIAL SUMMARY GROUP EBITDA RENTPAY EBITDA FY23 • • • 8
Slide 9: Improving the Entire Renting Journey
IMPROVING THE ENTIRE RENTING JOURNEY SEARCH PHASE TENANCY PHASE FOR RENTERS FOR RENTERS FOR RENTERS FOR RENTERS FOR RENTERS • • • • • • • • • • • • • • • • • FOR AGENTS FOR AGENTS FOR AGENTS FOR AGENTS FOR AGENTS • • • • • • • • • • • • • 9
Slide 10: Search Portal
SEARCH PORTAL
Slide 11: Substantial Well-Regarded Marketplace
SUBSTANTIAL WELL-REGARDED MARKETPLACE We have built Australia’s largest dedicated renting community, providing properties, process and advice to thousands of people every day TOP RATED ~ 700,000 +1,750,000 $8.7 million ~ 1.7 million +35,900 11
Slide 12: Search Portal Returning to Growth
SEARCH PORTAL RETURNING TO GROWTH SHOW YOU’RE A GREAT TENANT • BOND NOW, • PAY LATER • • RENTER DEALS ON ENERGY BILLS • • 12
Slide 13: RentPay
RENTPAY
Slide 14: What We Are Solving – For Tenants
WHAT WE ARE SOLVING – FOR TENANTS PAY MORE WAYS AND EARN CASHBACK ON BUILD CREDIT WITH WHEN THEY WANT UTILITY BILLS SCOREBUILDER • • • • • 14
Slide 15: What We Are Solving – For Agents
WHAT WE ARE SOLVING – FOR AGENTS FAST RECEIPTING AND AUTOMATED MORE WAYS TO PAY NO DISHONOURS PAYMENTS AND ALERTS AND AGENT REWARDS • • • • • • 15
Slide 16: Active RentPay Customers
ACTIVE RENTPAY CUSTOMERS ACTIVE RENTPAY CUSTOMERS • • • • • 16
Slide 17: Driving Growth via Property Managers
DRIVING GROWTH VIA PROPERTY MANAGERS • • • • 17
Slide 18: Average Revenue Per User (ARPU)
AVERAGE REVENUE PER USER (ARPU) RENTPAY ARPU • • • • • • 18
Slide 19: Transforming Our Business
TRANSFORMING OUR BUSINESS ANNUITY REVENUE AS % OF TOTAL • • • • • • 19
Slide 20: Significant Addressable Market
SIGNIFICANT ADDRESSABLE MARKET POTENTIAL ANNUAL RENTPAY REVENUES 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, flexibility and control - making their rent money work for them. • • • • ESTIMATED MARKET S
Slide 21: Responding to a Changing Market
RESPONDING TO A CHANGING MARKET Cards DD Pay ID Other Rent Mth @ $2,000 Melbourne to Gold Coast = $24,000 Rent Yr $1 = 1 FF point = 9.4k points (One way) = $240 in Card Fees = 24,000 points = 18.8 point (Return) 21
Slide 22: Where We Are Heading
WHERE WE ARE HEADING DEPOSIT BUILDER REWARDS MORE WAYS TO PAY • • • • • • • • • 22
Slide 23: Outlook
OUTLOOK
Slide 24: Outlook
OUTLOOK rénit.com.au 24 RentPay customer growth has continued to be strong with real estate agent groups bringing their rent rolls onto RentPay following B2B sales activity. Further strong growth expected from industry partnerships and via completion of real estate agent onboarding during the Q3 FY2
Slide 25: Questions?
ant rent.com.au QUESTIONS? Click on the Q&A icon to ask a question ga? Q&A
Slide 26: Corporate Information
CORPORATE INFORMATION
Slide 27: Corporate Information
CORPORATE INFORMATION MARKET CAPITALISATION $10.7m ENTERPRISE VALUE $7.6m SHAREHOLDING DISTRIBUTION 27
Slide 28: Seasoned Board
SEASONED BOARD GARRY GARSIDE NON-EXECUTIVE CHAIRMAN ▪ ▪ ▪ SAM MCDONAGH NON-EXECUTIVE DIRECTOR ▪ ▪ ▪ PHIL WARREN NON-EXECUTIVE DIRECTOR ▪ ▪ ▪ JOHN WOOD NON-EXECUTIVE DIRECTOR ▪ ▪ ▪ 28
Slide 29: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM GREG BADER CHIEF EXECUTIVE OFFICER ▪ ▪ ▪ JAN FERREIRA CHIEF OPERATING OFFICER / CHIEF FINANCIAL OFFICER ▪ ▪ ▪ LEE SWANSON GENERAL MANAGER - TECHNOLOGY ▪ ▪ SANDRA ANTIPAS HEAD OF CUSTOMER SERVICE ▪ ▪ ▪ 29
Slide 30: Thank You
THANK YOU Contact: investors@rent.com.au 08 6145 2609