Rent.com.au has recorded its strongest quarter yet, with total Group revenue reaching $1.35 million for the three months to 30 June 2026 – up 48% on the same period last year and 12% higher than the previous record set in March.
The result was driven largely by RentBond®, the platform’s “move-now-pay-later” loan product that covers bond payments, rent in advance and moving costs. More than $10 million in RentBond loans have now been written in the 10 months since launch.
Customer receipts, boosted by RentBond repayments, rose 28% on the March quarter and 154% on the prior corresponding period. EBITDA improved 25% quarter-on-quarter, and the company says it remains on track to break even by December 2026.
Recurring revenue – income from RentBond and RentPay, the platform’s rent payment and money management app – passed $1 million in a single quarter for the first time, up 212% on the prior corresponding period. It now makes up 75% of total Group revenue, ahead of the company’s own June 2026 target.
Rent.com.au held $6.6 million in cash at quarter’s end, plus $6.25 million in undrawn debt.
Jan Ferreira, CEO of Rent.com.au, said the operating cashflow growth – the second consecutive positive quarter – showed, in his view, the Group achieving the sustainability it has long sought, pointing to the record quarterly revenue of $1.35 million and the further 25% quarter-on-quarter improvement in EBITDA alongside the company’s continued delivery on its platform strategy of helping renters build financial resilience while growing returns for shareholders.
Jan said the business was at what he described as “a significant inflection point, with a clear strategy, great operating momentum,” noting the Group had around $13 million in cash and undrawn debt available to keep executing its growth strategy.
For property managers, RentPay is designed to streamline rent collection workflows, while RentBond aims to help tenants cover the upfront cost of moving – a hurdle that’s become steeper as average asking rents have risen by more than 8% over the past year, according to the company. Rent.com.au said it has not seen evidence of a deterioration in credit quality among RentBond customers, though it continues to conservatively provide for losses.
The company also completed onboarding of referral partners Homely and Muval during the quarter, and in July launched a fast-track, discounted RentBond application process for repeat customers.
Early data shows existing customers converting at almost five times the rate of new customers, a channel the company says it expects will meaningfully lift loan volumes.
Looking ahead to the September quarter, Rent.com.au said it plans to expand bill payment options on the platform beyond rent, electricity, and gas to include internet and insurance, alongside new savings products that offer renters returns on wallet balances.