earnings
confidence high
sentiment positive
materiality 0.75
Safe and Green Development Q2 revenue surges 3,200% to $1.4M; expects ~$4M in Q3
RenX Enterprises Corp.
2025-Q2 EPS reported
-$3.47
revenue$1,420,681
- Q2 2025 revenue of $1.4M versus $42K in Q2 2024, a 3,200%+ YoY increase driven by Resource Group acquisition.
- Net loss of $5.724M; Adjusted EBITDA of -$0.634M after $3M bad debt reserve and $1M impairment.
- Management expects ~$4M revenue in Q3 2025, first full quarter with Resource Group operations.
- Exited legacy software/tech operations; now focused on real estate and compost/transportation.
- Evaluating a potential crypto treasury reserve that may require Resource Group divestiture; no LOI received.
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