M&A
confidence high
sentiment neutral
materiality 0.50
Malachite Innovations acquires Collins Building; audited FY22 revenue $3.78M, net loss $1.06M
RANGE IMPACT, INC.
- Collins Building revenue $3.78M in 2022 (down from $5.30M in 2021); net loss $1.06M vs $0.20M.
- Total assets $6.32M as of Dec 31, 2022; property & equipment (net) $4.61M.
- Stock purchase agreement with Roger L. Collins to buy all Collins Building common stock, previously reported Sept 5, 2023.
- Pro forma consolidated balance sheet and statements of operations filed as Exhibit 99.2.
- Collins Building is a West Virginia construction firm specializing in reclamation, quarry, and equipment rental.