RentGuarantor Hldgs - Trading Update
Released
Released
Announcement PDF
RNS Number : 0709X
RentGuarantor Holdings PLC
01 October 2026
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE
REGULATION NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018, AS AMENDED ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, SUCH
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
1 October 2026
RentGuarantor Holdings PLC
(the “Company” or “RentGuarantor” and including its subsidiaries, the “Group”)
Trading Update
RentGuarantor (AIM: RGG), a leading provider of rent guarantee services, which includes property
protection, to tenants and landlords in the UK1
private rental sector, is pleased to provide an
unaudited trading update covering the nine months ended 30 September 2026 (the “Period”) and a
material upgrade to the Board’s expectations for the financial year ending 31 December 2026
(“FY2026”).
Trading performance
Exceptional growth with significant acceleration in revenue and profitability
Jan-Sept 2026 Jan-Sept 2025
Revenue £13 million £1.72 million
% YoY Period Increase 656%
No. Of Applications 21,747 7,066
% YoY Period Increase 208%
No. Of Contracts 11,608 2,343
% YoY Period Increase 395%
Avg. Value of Contracts £1,119 £734
% YoY Period Increase 53%
Adjusted EBITDA £5.85m (£189k)
Adjusted Net Profit/(Loss) £5.93m (£480k)
The Group has delivered exceptional growth across its key operating and financial measures, with the
rate of growth having accelerated significantly during the third quarter and especially in late
September, during the prime student letting season. Revenue in the month of September 2026 was
£4.5 million (September 2025: £0.24 million), taking revenue for the Period to £13 million, up
approximately 656% from £1.72 million in the corresponding period in 2025.
This growth has been underpinned by a substantial increase in customer and contract volumes.
Applications during the Period have increased by 208% to 21,747 (nine months ended 30 September
2025: 7,066), while contracts have increased by 395% to 11,608 (nine months ended 30 September
2025: 2,343). Average contract value also increased by 53% to £1,119 (nine months ended 30
September 2025: £743). Despite the substantial growth in contracts, the claims ratio remains in line
with the Board’s expectations and risk policy.
The significant growth in contract volumes, combined with the scalability of the Group’s operating
model, has driven a substantial improvement in profitability. EBITDA for the Period was £5.85 million,
compared with an adjusted EBITDA loss of £0.19 million in the corresponding period in 2025
(excluding costs associated with admission to AIM). Net profit for the Period increased to £5.93
million, compared with an adjusted net loss of £0.48 million (excluding costs associated with
admission to AIM) for the corresponding period in 2025.
Outlook
The Board is particularly encouraged by the continued acceleration in trading during the year, and the
increasing operational leverage as the business scales. This growth has been enabled by the Group’s
investment in prior periods to allow the business to scale, and we will continue to invest in
technology, people, sales and operational infrastructure to support further growth, while maintaining
a disciplined approach to costs and cash management.
The Board remains focused on converting the substantial demand for RentGuarantor's services into
further contracted business and remains confident in the Group’s trading outlook and expects revenue
for FY2026 to be materially above current market expectations2
, and for both EBITDA3
and net profit4
to be materially ahead of current market expectations for the year.
The Board now expects for the Group to deliver revenue in excess of £19 million (previous guidance of
in excess of £14 million) and net profit in excess of £9 million for FY2026 (previous guidance of in
excess of £4 million) and is also encouraged by the outlook for FY2027.
The previous guidance was announced on 2 September 2026 in the Group's trading update covering
the eight months ended 31 August 2026.
Paul Foy, CEO of RentGuarantor, commented: “RentGuarantor has continued to deliver exceptional
growth during 2026, with the significant increase in applications and contracts translating directly into
substantial revenue growth and, importantly, generating solid profitability as the business scales.
“The Board is particularly encouraged by the operational leverage now being demonstrated across the
business. We continue to see significant demand for our professional guarantor solution and remain
focused on investing in the infrastructure required to support the Company's continued growth.
“We enter the final quarter of the year with strong momentum and remain confident in the long-term
opportunity and growth prospects for RentGuarantor.”
Notes
This trading update contains forward-looking statements which are based on current expectations and
involve risks and uncertainties. Actual results may differ materially.
To engage with this announcement on our Investor Hub, please use the following link:
https://investorhub.rentguarantor.com/link/P7NzKr
For more information, please contact:
RentGuarantor Holdings PLC
Paul Foy, Chief Executive Officer
+44 207 193 4418
Kam Bansil / Ian Mitchell, Investor Relations
+44 207 039 1901
Allenby Capital Limited
AIM Nominated Adviser
Alex Brearley / Nick Harriss / Ashur Joseph
(Corporate Finance)
+44 20 3328 5656
Cavendish Capital Markets Limited
Joint Broker
Stephen Keys / Callum Davidson
(Corporate Finance)
Michael Johnson / Dale Bellis
(Sales)
+44 20 7220 0500
Shore Capital
Joint Broker
Oliver Jackson / James Thomas / Ansh Batura
+44 207 7408 4090
BlytheRay
Financial PR
Megan Ray / Will Jones
+44 207 138 3204
rentguarantor@blytheray.com
About RentGuarantor
RentGuarantor provides a rent guarantee service to tenants wishing to rent property in the UK1
from
the Private Rental Sector("PRS"). It is an online service where applications are managed on a secure
and bespoke digital platform designed and built by the Company. The goal is to make the process as
simple as possible, with applications only taking a few minutes and RentGuarantor seeking to
complete the application on the same day.
1
Currently excluding Northern Ireland.
2
Management understands that market forecasts immediately prior to the release of this
announcement for revenue were in the range of approximately £14 million to approximately £15.1
million.
3
Management understands that market forecasts immediately prior to the release of this
announcement for adjusted EBITDA were in the range of approximately £4.1 million to approximately
£4.9 million.
4
Management understands that market forecasts immediately prior to the release of this
announcement for net profit were in the range of approximately £4.0 million to approximately £4.6
million.
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