- ApartmentLove Inc. (APLV) has signed a new rental listing licence agreement with one of the largest listing aggregators in the United States
- The company will earn a fee for every qualifying rental lead delivered to the channel partner via ApartmentLove.com
- The company projects that it could achieve gross revenues of $5,000,000 and gross profit of $3,700,000 by the end of 2023, representing a 74 per cent operating margin
- Trevor Davidson, President & CEO of ApartmentLove sat down with Sabrina Cuthbert to discuss the news
- ApartmentLove Inc. is a provider of online rental marketing services to property owners, renters, and vacationers in more than 30-countries worldwide
- ApartmentLove Inc. opened the day’s trading at $0.215 per share
ApartmentLove (APLV) has signed a new rental listing licence agreement with one of the largest listing aggregators in the United States.
The company will earn a fee for every qualifying rental lead delivered to the channel partner via ApartmentLove.com.
Both organizations have completed the integration of their respective systems and completed extensive load volume testing.
As a result, ApartmentLove anticipates that fees from the listings agreement will contribute significant cashflow to the company beginning in the fourth quarter of 2022 as website traffic in favour of ApartmentLove.com is rapidly increasing and generated lead volumes sent to the channel partner are setting new records each successive month.
Trevor Davidson, President & CEO of ApartmentLove sat down with Sabrina Cuthbert to discuss the news.
“A milestone achievement in our organic growth story and testament to the tireless work of our sales, marketing, search engine optimization, and engineering teams, we are thrilled to have executed this new listings agreement as we now formally ignite our sales engines.
Website traffic to ApartmentLove.com is up 337 per cent over the last six months, and if current growth trends hold, we anticipate upwards of one million unique visitors to ApartmentLove.com in the fourth quarter of this year.”
The company projects that it could achieve gross revenues of $5,000,000 and gross profit of $3,700,000 by the end of 2023. This represents a 74 per cent operating margin.
In addition, ApartmentLove is in late-stage discussion to acquire several other rental marketing platforms in the vacation rental space and the long-term conventional lease arena in both Canada and the United States.
ApartmentLove Inc. is a leading provider of online rental marketing services to property owners, renters, and vacationers in more than 30-countries worldwide.
ApartmentLove Inc. (APLV) opened the day’s trading at $0.215 per share.
