Apr. 14 at 7:02 PM
$RENT In 2024, RTR ended the year with negative cash flow of 7M, Adjusted EBITDA of
$46.9 million, representing a 15.3% Adjusted EBITDA margin.
For 2026, RTR is projecting Adjusted EBITDA margin of 4-7%. That is a third of how they performed in 2024.
They will end 2026 with negative cash flow of 35M to 57M. With cash balance of ~50M, they have 1 year of runway without raising more capital. They havent figured out how to grow without spending more money, and they never will with their broken unit economics.