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The latest update is out from Rent.com.au Ltd ( (AU:RNT) ).
Rent.com.au Limited has finalized the legal documentation for a $10 million funding facility, initially announced in May 2025, with Bolt Capital Pty Ltd. This development is expected to significantly boost the company’s revenue and profit, with the first drawdown for RentBond loans anticipated in July 2025, marking a crucial step towards profitability and improved customer experience.
More about Rent.com.au Ltd
Rent.com.au Limited is a leading platform in Australia focused on providing services for renters. The company’s primary offerings include solutions like RentBond, which aims to enhance customer experience and drive profitability through sustainable and recurring revenues.
Average Trading Volume: 939,276
Technical Sentiment Signal: Buy
Current Market Cap: A$22.18M
For a thorough assessment of RNT stock, go to TipRanks’ Stock Analysis page.