RenX Enterprises (RENX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RENX SEC filings page.
RenX Enterprises Corp. (RENX) reported $8.2M in revenue for fiscal year 2025, up 3860.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Scaling quickly in FY2025 came with cash consumption, capital needs, and heavier liabilities that still outweighed improved gross economics.
FY2025 revenue reached$8.2M , but operating cash flow was-$7.3M , so scale did not translate into cash generated internally. Capital expenditures reached$3.6M while free cash flow was-$10.9M , indicating that expansion absorbed cash beyond day-to-day operations and required substantial reinvestment.
Liabilities reached
Gross margin improved from
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of RenX Enterprises Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
RenX Enterprises Corp. held $54K in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $7.3M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and RenX Enterprises Corp. scores 1/100 among other emerging companies.
RenX Enterprises Corp. had 3M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and RenX Enterprises Corp. scores 90/100 among other emerging companies.
Not available for RenX Enterprises Corp., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
RenX Enterprises Corp. reported revenue of $8.2M in fiscal year 2025, against $208K in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and RenX Enterprises Corp. scores 99/100 among other emerging companies.
RenX Enterprises Corp.'s operations used $7.3M of cash in fiscal year 2025, against $2.6M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and RenX Enterprises Corp. scores 28/100 among other emerging companies.
RenX Enterprises Corp.'s cash, cash equivalents and investments came to $54K at the end of fiscal year 2025, against $31.1M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and RenX Enterprises Corp. scores 1/100 among other emerging companies.
RenX Enterprises Corp. scores -2.77, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $32.2M against total assets of $35.5M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
RenX Enterprises Corp. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
RenX Enterprises Corp. reported a net loss of $16.0M while operations used $7.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
RenX Enterprises Corp. reported an operating loss of $12.5M against $3.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
RenX Enterprises Corp. generated $4.3M in revenue in Q2 2026. This represents an increase of 203.4% from the same quarter a year earlier. Against the prior quarter it is up 7.5%.
RenX Enterprises Corp.'s EBITDA was -$2.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 1596.0%.
RenX Enterprises Corp. reported a net loss of $8.0M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
RenX Enterprises Corp. earned -$3.08 per diluted share (EPS) in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
RenX Enterprises Corp. recorded an outflow of $4.3M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
RenX Enterprises Corp. held $2.2M in cash against $6.6M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
RenX Enterprises Corp.'s gross margin was 31.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 7.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.8 percentage points.
RenX Enterprises Corp.'s operating margin was -70.4% in Q2 2026, reflecting core business profitability. Against the prior quarter it is down 0.4 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
RenX Enterprises Corp.'s quarterly ROE was -113.9% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 17.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 641.1 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
RenX Enterprises Corp. invested $1.2M in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is up 127.5%.
Not reported for Q2 2026.
Not reported for Q2 2026.
RENX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.3M+203.4% | $4.0M+21683.8% | $3.3M+9456.7% | $3.5M+4229.2% | $1.4M+3226.5% | $18K-63.5% | $34K | $81K |
| Cost of Revenue | $2.9M+238.0% | $2.6M+22151.4% | $2.4M | $2.6M | $858K | $12K-58.0% | N/A | N/A |
| Gross Profit | $1.4M+149.1% | $1.3M+20817.7% | $931Kn/m | $909K+1018.9% | $545K+1192.5% | $6K-87.2% | -$148K | $81K |
| SG&A Expenses | $1.9M+34.0% | $1.4M+151.8% | $147K-85.7% | $2.0M+161.6% | $1.4M+559.5% | $565K+5.4% | $1.0M+12.9% | $778K+128.1% |
| Operating Income | -$3.0Mn/m | -$2.8Mn/m | -$3.9Mn/m | -$2.3Mn/m | -$4.9Mn/m | -$1.3Mn/m | -$1.8Mn/m | -$1.4Mn/m |
| EBITDA | -$2.2Mn/m | $146Kn/m | -$655Kn/m | -$2.0Mn/m | -$4.8Mn/m | -$1.2Mn/m | -$1.8M | -$1.4Mn/m |
| Interest Expense | $2.8M+238.4% | $1.3M+39.5% | -$764K-185.7% | $2.0M+110.7% | $830K-22.1% | $955K+68.7% | $891K | $951K+179.9% |
| Net Income | -$8.0Mn/m | -$9.3Mn/m | -$3.7Mn/m | -$4.4Mn/m | -$5.7Mn/m | -$2.2Mn/m | -$1.5Mn/m | -$2.3Mn/m |
| EPS (Basic) | -$3.08 | -$4.87 | N/A | -$1.12 | -$45.90 | -$21.68 | -$0.02 | -$2.61 |
| EPS (Diluted) | -$3.08 | -$4.87 | N/A | -$1.12 | -$45.90 | -$21.68 | -$0.02 | -$2.61 |
| Diluted Shares (Avg) | 3M | 2M | N/A | 4M | 124,718 | 100,557 | N/A | 895,783 |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
RENX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $38.7M-0.9% | $35.7M+172.6% | $35.5M+178.2% | $38.4M+194.4% | $39.1M+208.7% | $13.1M+10.9% | $12.8M+33.4% | $13.0M+11.9% |
| Current Assets | $5.8M+58.3% | $3.2M-44.2% | $2.6M+42.4% | $3.3M+293.8% | $3.6M+275.2% | $5.7M+1073.7% | $1.8M+667.0% | $850K+88.4% |
| Cash & Equivalents | $2.2M+435.9% | $512K+2817.6% | $54K-76.3% | $233K+1600.1% | $403K+1563.0% | $18K-77.4% | $228K+6938.5% | $14K-58.9% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $797K-18.7% | $954K | $1.1M | $1.1M | $980K | N/A | N/A | N/A |
| Accounts Receivable | $1.3M+22.9% | N/A | $799Kn/m | $878K | $1.1M | N/A | $0 | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $6.2M-73.3% | $6.2M | $6.2M | $23.4M+1189.7% | $23.4M+1189.7% | N/A | N/A | $1.8M |
| Total Liabilities | $31.7M-8.7% | $34.5M+169.4% | $31.1M+161.2% | $36.4M+198.0% | $34.7M+226.2% | $12.8M+38.2% | $11.9M+55.1% | $12.2M+71.0% |
| Current Liabilities | $24.0M-21.1% | $30.0M+150.2% | $21.6M+107.7% | $32.6M+214.7% | $30.4M+213.4% | $12.0M+44.1% | $10.4M+35.6% | $10.4M+44.9% |
| Non-Current Liabilities | $7.7M+78.1% | $4.5M+451.7% | $9.5M+531.8% | $3.8M+104.8% | $4.3M+356.6% | $816K-13.7% | $1.5Mn/m | $1.9Mn/m |
| Long-Term Debt | $6.6M+122.2% | $3.3M | $8.2M+449.6% | $2.5M | $3.0M | N/A | $1.5M | N/A |
| Total Equity | $7.0M+61.7% | $1.2M+807.1% | $4.4M+606.9% | $1.8M+189.6% | $4.4M+115.7% | $136K-94.8% | $622K-67.1% | $628K-86.1% |
| Retained Earnings | -$49.8Mn/m | -$41.7Mn/m | -$32.2Mn/m | -$28.3Mn/m | -$23.9Mn/m | -$18.2Mn/m | -$16.0Mn/m | -$14.5Mn/m |
RENX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.1M-591.8% | -$2.0Mn/m | -$6.8Mn/m | -$501Kn/m | $628Kn/m | -$552Kn/m | -$1.1M-22547.6% | -$275Kn/m |
| Depreciation & Amortization | $807K+346.4% | $2.9M+10909.3% | $1.1M+73312.5% | $331K+18310.7% | $181Kn/m | $26K+16347.2% | $1K+790.7% | $2K+2298.7% |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | $89K-94.9% | N/A | $58K |
| Capital Expenditures | $1.2M | $533K | N/A | N/A | N/A | N/A | $543Kn/m | $0 |
| Free Cash Flow | -$4.3M | -$2.5M | N/A | N/A | N/A | N/A | -$1.6M-34100.0% | -$275K |
| Investing Cash Flow | N/A | -$530Kn/m | N/A | N/A | N/A | -$10Kn/m | -$478Kn/m | -$210Kn/m |
| Financing Cash Flow | N/A | $3.0M+960.6% | N/A | N/A | N/A | $283K-66.9% | $1.8Mn/m | $474K-62.2% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
RENX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.9%-7.0pp | 33.7%-1.4pp | 28.4% | 25.8%-74.2pp | 38.9%-61.1pp | 35.1%-64.9pp | -431.5% | 100.0% |
| Operating Margin | -70.4% | -70.0% | -119.4% | -66.3% | -351.8% | -6955.8% | -5131.8% | -1712.6% |
| Net Margin | -188.4% | -235.7% | -112.8% | -123.7% | -408.1% | -11997.8% | -4452.4% | -2883.9% |
| Return on Equity | -113.9%+17.6pp | -754.9%+845.3pp | -84.3%+161.9pp | -239.3%+133.7pp | -131.5%-33.9pp | -1600.2%-1483.5pp | -246.1%-162.2pp | -373.0%-352.5pp |
| Return on Assets | -20.7%-6.1pp | -26.1%-9.5pp | -10.4%+1.6pp | -11.3%+6.6pp | -14.6%+0.9pp | -16.6%+9.3pp | -12.0%+4.6pp | -18.0%-10.0pp |
| Current Ratio | 0.24+0.1x | 0.11-0.4x | 0.12-0.1x | 0.100.0x | 0.120.0x | 0.48+0.4x | 0.17+0.1x | 0.080.0x |
| Debt-to-Equity | 0.93+0.3x | 2.70 | 1.88-0.5x | 1.39 | 0.68 | N/A | 2.41 | N/A |
| Liabilities-to-Equity | 4.50-3.5x | 27.91-66.1x | 7.07-12.1x | 20.02+0.6x | 7.97+2.7x | 93.99+90.5x | 19.14+15.1x | 19.45+17.9x |
| Asset Turnover | 0.11+0.1x | 0.11+0.1x | 0.09+0.1x | 0.09+0.1x | 0.040.0x | 0.000.0x | 0.00 | 0.01 |
| FCF Margin | -101.1% | -64.4% | N/A | N/A | N/A | N/A | -4652.2% | -338.1% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.12), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| RenX Enterprises Corp. RENX | FY2025 | $8.2M | -$16.0M | N/A | $3.6M | 44/100 |
| Murano Global Investments PLC MRNO | FY2024 | $35.0M | -$171.1M | N/A | $16.5M | 47/100 |
| Alset Inc. AEI | FY2025 | $4.5M | -$47.4M | N/A | $19.8M | 43/100 |
| Lead Real Estate Co., Ltd LRE | FY2025 | $130.7M | $5.9M | 4.5% | $14.5M | 42/100 |
| reAlpha Tech Corp. AIRE | FY2025 | $4.5M | -$17.6M | N/A | $4.3M | 49/100 |
| New Concept Energy Inc GBR | FY2025 | $155K | -$46K | -29.7% | $3.3M | — |
Where RenX Enterprises Corp. Ranks
Frequently Asked Questions
RenX Enterprises Corp. (RENX) reported $8.2M in total revenue for fiscal year 2025. This represents a 3860.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
RenX Enterprises Corp. (RENX) revenue grew by 3860.7% year-over-year, from $208K to $8.2M in fiscal year 2025.
No, RenX Enterprises Corp. (RENX) reported a net loss of $16.0M in fiscal year 2025.
RenX Enterprises Corp. (RENX) had EBITDA of -$8.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, RenX Enterprises Corp. (RENX) had $54K in cash and equivalents against $8.2M in long-term debt.
RenX Enterprises Corp. (RENX) had a gross margin of 29.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
RenX Enterprises Corp. (RENX) has a return on equity of -363.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
RenX Enterprises Corp. (RENX) recorded an outflow of $10.9M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
RenX Enterprises Corp. (RENX) recorded an outflow of $7.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
RenX Enterprises Corp. (RENX) had $35.5M in total assets as of fiscal year 2025, including both current and long-term assets.
RenX Enterprises Corp. (RENX) invested $3.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
RenX Enterprises Corp. (RENX) had a current ratio of 0.12 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
RenX Enterprises Corp. (RENX) had a debt-to-equity ratio of 1.88 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
RenX Enterprises Corp. (RENX) had a liabilities-to-equity ratio of 7.07 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
RenX Enterprises Corp. (RENX) had a return on assets of -45.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
RenX Enterprises Corp. (RENX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $3.6M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
RenX Enterprises Corp. (RENX) trades at 0.2x sales, its market capitalization divided by $15.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $3.6M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2025, RenX Enterprises Corp. (RENX) held $54K in cash, cash equivalents and investments, and reported an operating cash outflow of $7.3M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
RenX Enterprises Corp. (RENX) has an Altman Z-Score of -2.77, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
RenX Enterprises Corp. (RENX) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
RenX Enterprises Corp. (RENX) reported a net loss of $16.0M while operations used $7.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
RenX Enterprises Corp. (RENX) reported an operating loss of $12.5M against $3.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
RenX Enterprises Corp. (RENX) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For RenX Enterprises Corp. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.