Malachite posts record Q3 revenue of $5.5M; net income $3.4M vs loss a year ago

RANGE IMPACT, INC.

2023-Q3 EPS reported $0.04 revenue$12,468,787

Revenue $5.46M in Q3 2023 vs $1.55M Q3 2022, up 253%.
Net income $3.40M vs ($0.12M) loss; includes $1.88M non-cash bargain purchase gain from Collins Building.
Adjusted EBITDA $2.06M vs $0.05M; operating cash flow $1.47M vs $0.28M.
Acquired third reclamation company and purchased ~1,900 acres of former mine land for renewable energy project.
Fifth consecutive record quarter; CEO cites successful execution of growth strategy.

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