RMA Global Limited
RMY.AX
Australian Securities Exchange0.03
AUD
+0.00
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RMA Global Limited
RMY.AX
(Australian Securities Exchange)
Recent
price
0.03
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- RMA Global Limited (ASX:RMY) is an Australia-based online digital marketing company that operates review platforms, ratings, and statistics services for real estate agents; provides data on active residential property listings, sale results, and client reviews from vendors and buyers; and offers the RateMyAgent platform covering sales, leasing, and mortgage broking segments, alongside the Property Tycoon real estate auction tipping app. The company serves real estate professionals primarily in Australia, where it captures the majority of active agents with around 30% paying subscribers averaging A$1,115 annually; in the United States, generating approximately US$4.7 million in recurring revenue for fiscal 2024 from a small portion of its 285,000 registered agents out of 865,000 nationwide; and in New Zealand. Founded on April 15, 2014, by Mark Armstrong and Edward van Roosendaal, and formerly known as Digital Castle Pty. Ltd., RMA Global Limited maintains its headquarters at Level 11, 112-114 Balmain Street, Cremorne, Richmond, Victoria 3121, Australia. In recent developments, the company completed the acquisition of Steps Marketing Inc. (trading as Curated Social), a U.S.-based real estate social media marketing platform, for $4 million in December 2024, following an initial announcement in October 2024 with an upfront payment of $3.7 million funded by a $3 million institutional placement and share purchase plan, plus a potential $2.2 million earn-out tied to revenue targets; this move expands its offerings beyond reviews into social content libraries to enhance agent visibility and listing wins. Earlier in September 2024, RMA Global secured its first major U.S. brokerage partnership with Realty One Group, integrating its platform to reach nearly 20,000 additional realtors and support their growth. These strategic expansions target the untapped U.S. market, where scaling paid adoption to Australian levels could yield a $290 million revenue opportunity.