5th Mar 2026 14:05
(Alliance News) - RentGuarantor Holdings PLC said it is continuing to invest as it announced an increased annual loss amid higher costs.
The London-based provider of rent guarantee services in the UK private rental sector said pretax loss widened to GBP1.6 million in 2025 from GBP693,362 a year ago.
Revenue from continuing operations rose 87% to GBP2.4 million from GBP1.3 million.
However, administrative expenses increased 79% to GBP3.3 million from GBP1.8 million, while direct costs came in 87% higher, at GBP492,920 from GBP263,963.
The staff count at the end of 2025 was 24, up 26% from 19 a year prior.
Looking ahead, Chair Graham Duncan said: "We are continuing to invest across the team and are highly focused on delivering our growth plans. The impending changes in legislation will impact everyone in the industry and we are optimistic about our ability to deliver the opportunities these will bring."
On Friday, the company announced that it is developing artificial intelligence infrastructure to support long-term growth plans. It said it developed AI-powered tools capable of automatically reading and analysing tenant documents.
Director David Cliff said: "We have an exciting pipeline of new AI technologies in development that we believe have the ability to position RentGuarantor at the forefront of the property technology industry. These innovations will not only have the potential to drive significant operational efficiencies but also to transform the customer experience, with the goal of creating a first‑in‑class user interface. Our automated reader for universal credit documents is just the beginning, and we look forward to further integrating these innovations into our products."
RentGuarantor shares fell 3.5% to 28.00 pence each on Friday afternoon in London.
By Tom Budszus, Alliance News slot editor
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