UK's RentGuarantor hits record high after forecasting annual results above market view
02/09/2026 10:01
BUZZ-UK's RentGuarantor hits record high after forecasting annual results above market view ** London-listed shares of RentGuarantor RGG.L rise as much as 16.1% to 90 pence, hitting their highest level since their market debut in August 2025
** Co targets FY26 revenue of more than £14 mln ($18.91 mln) and net profit of over £4 mln, ahead of market expectations of £9.1 mln-£10.0 mln and £1.2 mln-£2.4 mln, respectively
** In the eight months ended August 31, revenue jumps 472% to about £8.5 mln; adjusted EBITDA stands at £2.8 mln, compared with a loss of £122,000 a year earlier
** Including session's gains, RGG up 200% YTD
($1 = £0.7402)
(Reporting by Neeshita Beura in Bengaluru)