earnings
confidence high
sentiment positive
materiality 0.75
Range Impact Q2 gross profit $508K; sells non-core permits for $2M value; repays $722K YTD debt
RANGE IMPACT, INC.
2025-Q2 EPS reported
$0.04
revenue$2,087,183
- Sold three non-core mining permits at Fola Mine Complex, reducing reclamation obligations by $1,244,560 and earning $800,000 advisory fee.
- Acquired two additional permits with coal royalty agreement; finalized underground metallurgical coal royalty with large public coal company.
- Gross Profit of $508,322, up $504K from Q1 2025 and $657K from Q2 2024, due to new royalty income and cost reductions.
- Repaid debt of $355,653 in Q2; total debt paydowns $722,143 year-to-date.
- Progress with development partner on large solar project expected to generate minimum 25 years of lease revenue.
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