Report

Smarts for property investors

Real Estate Investar (REV) floated on the ASX on 10 December 2015, raising A$5m (25m shares at A$0.20 per share) to fund market growth and product development. REV offers integrated online software tools for real estate investors in Australia and New Zealand (NZ) on a software-as-a-service (SaaS) basis. REV’s unique product, underpinned by strong relationships with strategic partners, has a membership base of ~155,000 (January 2016). Of this, ~2,700 are paying subscribers, which is 0.15% of all investment property owners in Australia and NZ and 0.4% of owners with more than one investment property. Further market share gains, an increase in conversion of members into subscribers and adding new high-margin products could provide material upside to the current share price.
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Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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