Range Impact reports 2Q 2024 revenue $2.35M (-41% YoY), net loss of $1.23M vs profit in prior year

RANGE IMPACT, INC.

2024-Q2 EPS reported -$0.02 revenue$6,259,631

Consolidated revenue $2.35M down from $3.998M in 2Q 2023; gross profit margin -6.3% vs +21.1%.
Net loss of $1.226M ($0.81 diluted EPS?) compared to net income of $36,762 in prior year.
Adjusted EBITDA -$312,994 vs +$479,405; operating loss $1.004M vs income $153,693.
CEO cites mining contractor failure and misalignment in Range Reclaim segment for revenue shortfall.
Graphium Biosciences segment evaluating strategic alternatives; no revenue from Range Water or Range Land.

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