RMA Global Limited kicked off FY26 with a robust 21% increase in recurring revenue, driven by the rollout of Curated Social and a strategic pivot to target US brokerages exclusively. The company’s new Social Studio platform is gaining traction across the US, Australia, and New Zealand.
- 21% year-on-year growth in group recurring revenue to $5.6 million
- US subscription revenue surged 61%, boosted by Curated Social integration
- Shift to exclusive brokerage sales focus in the US completed
- Social Studio launched in US, Australia, and New Zealand markets
- Net operating cash outflow of $75k with $3.8 million cash on hand
Strong Start to FY26
RMA Global Limited has reported a productive first quarter for FY26, with group recurring revenue climbing 21% year-on-year to $5.6 million. This growth was underpinned by a 22% lift in subscription revenue and a 17% increase in promoter revenue, signaling solid momentum across its core markets.
The company’s recent acquisition and integration of Curated Social have been pivotal, enabling the launch of the RMA Social Studio platform. This new offering empowers real estate agents to amplify their local presence through automated, AI-supported social media content, helping them maintain visibility between transactions.
US Market Gains Traction Amid Housing Market Challenges
Despite a subdued US housing market marked by elevated interest rates and slow transaction volumes, RMA has made significant inroads. US subscription revenue soared 61% year-on-year to $1.7 million, driven largely by Curated Social and expanded brokerage partnerships. Even excluding Curated Social, organic revenue grew 17%, a notable turnaround from the previous year’s decline.
RMA has completed a strategic shift in the US, moving away from selling directly to individual agents to focusing exclusively on brokerages. This restructuring included forming a dedicated mid-market brokerage sales team, positioning the company to capture larger, more lucrative accounts and accelerate growth in this key market.
ANZ Market Stability and Product Innovation
In Australia and New Zealand, RMA’s business remains a steady profit contributor, with revenue up 9% year-on-year to $3.85 million. The introduction of Social Studio in these markets marks the first major product launch in years, receiving positive early feedback from agents and agencies alike. Subscription revenue grew 5%, while promoter revenue increased 18%, reflecting growing demand for reputation and branding solutions.
Cash Management and Outlook
RMA reported a modest net operating cash outflow of $75,000 for the quarter, largely due to the US sales team restructuring. The company maintains a healthy cash position with $3.8 million on hand, supported by disciplined cash flow management. Chairman David Williams and CEO Jim Crisera expressed confidence that the integration of Curated Social and the brokerage-focused sales strategy will drive sustainable long-term growth and shareholder value.
Bottom Line?
With a sharpened US brokerage focus and innovative social media tools, RMA is poised to deepen market penetration and sustain growth momentum in FY26.
Questions in the middle?
- How quickly will the US brokerage sales strategy translate into higher revenue and profitability?
- What is the adoption rate and customer feedback for Social Studio across different markets?
- How will ongoing US housing market softness impact RMA’s growth trajectory?