RenX Q1 rev $3.96M (+20.5% QoQ); Logistics segment profitable, net loss $9.3M

RenX Enterprises Corp.

Consolidated revenue $3.96M, up 20.5% quarter-over-quarter from $3.28M in Q4 2025.
Logistics segment generated positive operating income and net income; segment Adjusted EBITDA $360k.
Biomass Recycling segment materials sales grew ~44% QoQ; segment Adjusted EBITDA -$245k.
Net loss of $9.3M, Adjusted EBITDA -$1.585M; includes $5.15M change in derivative liability.
Microtec UTM 1200 Turbo Mill commissioning on track for H2 2026.

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