Revenue of Rent.com.au on steep growth trajectory
10 Jul 2017
Listed Australian rentals site Rent.com.au released a preliminary financial update to the Australian Securities Exchange (ASX) on July 7, which showed so-called "continuing revenue" (a portion of total revenue) had climbed to $1.3 million AUD in FY2017 (to end June). A comparative number for FY2016 was not released. But, with total revenue in FY2016 at $748,500 AUD, we can expect a handsome y-on-y rise in total revenue in FY2017, when the audited report for the FY2017 is released on July 24.