RenX Enterprises Has Generated More Than $11 Million in Consolidated Revenue Since June 2025 Acquisitions; Biomass Recycling Segment Mulch Revenue Approximately Doubled Quarter-over-Quarter in First Quarter 2026

RenX Enterprises (NASDAQ: RENX) reported that it has generated more than $11 million in consolidated revenue across the first 15 months following its June 2025 acquisitions of Resource Group US and Zimmer Equipment.

Rhea-AI Summary

RenX Enterprises (NASDAQ: RENX) reported that it has generated more than $11 million in consolidated revenue across the first 15 months following its June 2025 acquisitions of Resource Group US and Zimmer Equipment.

Fiscal 2025 revenue was about $8.22 million, and first quarter 2026 revenue was about $3.96 million, up roughly 20% sequentially.

The Logistics segment returned to positive operating and net income with revenue up about 19% QoQ, while Biomass Recycling mulch revenue nearly doubled, including a roughly 107% QoQ increase in high-processed wood mulch.

Positive

• More than $11 million consolidated revenue generated in first 15 post-acquisition months
• Fiscal 2025 consolidated revenue of approximately $8.22 million
• Q1 2026 consolidated revenue of approximately $3.96 million, about 20% sequential growth
• Logistics segment shifted to positive operating income and net income in Q1 2026
• Logistics segment revenue grew approximately 19% quarter-over-quarter in Q1 2026
• Biomass Recycling mulch revenue increased about 96% QoQ to roughly $400,000
• High-processed wood mulch revenue rose about 107% QoQ to roughly $140,000

Negative

• Compost revenue declined approximately 18% quarter-over-quarter to about $89,000 in Q1 2026

Argus May 21 session

+3.85% close to close Open Argus

Details

News Market Reaction – RENX

On May 21, the day this news came out, RENX closed 3.85% above the previous close.

Data tracked by StockTitan Argus for the May 21 session.

Key Figures

Post-acquisition revenue: More than $11 million FY 2025 revenue: Approximately $8.22 million Q1 2026 revenue: Approximately $3.96 million +5 more

Post-acquisition revenue

More than $11 million

Cumulative consolidated revenue over first 15 months post-June 2025 acquisitions

FY 2025 revenue

Approximately $8.22 million

Fiscal year 2025 consolidated revenue post-June 2025 acquisition

Q1 2026 revenue

Approximately $3.96 million

First quarter 2026 consolidated revenue

Sequential growth

Approximately 20%

Q1 2026 consolidated revenue vs. Q4 2025

Logistics revenue growth

Approximately 19%

Logistics segment revenue quarter-over-quarter in Q1 2026

Mulch revenue Q1 2026

Approximately $400,000

Biomass Recycling segment mulch revenue in Q1 2026

High-processed mulch Q1 2026

Approximately $140,000

High-processed wood mulch revenue in Q1 2026

Compost revenue Q1 2026

Approximately $89,000

Compost revenue in Q1 2026, down about 18% quarter-over-quarter

Historical Context

5 past events · Latest: May 19

5 events

1. May 19

   Operational progress

   24h Move

   +0.7%

   Update on Microtec mill commercialization with customer sample run in Germany.

2. May 15

   Earnings results

   24h Move

   -3.0%

   Q1 2026 results showing 20.5% revenue growth and logistics profitability.

3. May 11

   Shareholder letter

   24h Move

   -1.5%

   Letter outlining biomass focus, revenue outperformance, deleveraging, and new financing.

4. May 05

   Financing agreement

   24h Move

   -17.9%

   PIPE deal for $13M initial funding and up to $87M additional capital.

5. Apr 22

   Revenue outlook

   24h Move

   +6.8%

   Pre-announced Q1 2026 revenue expected above $3.5M with sequential growth.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

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Comprising approximately $8.22 million in fiscal year 2025 consolidated revenue and approximately $3.96 million in first quarter 2026 consolidated revenue; high-processed wood mulch revenue more than doubled in the first quarter

MIAMI, FL, May 21, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) ("RenX" or the "Company") today disclosed select first quarter 2026 operating detail for its Logistics segment (Zimmer Equipment, Inc.) and Biomass Recycling segment (Resource Group US Holdings LLC), complementing the consolidated financial results reported in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2026.

Revenue Since June 2025 Acquisitions

RenX has generated more than $11 million in consolidated revenue across the 15 months following the June 2025 acquisition of Resource Group US and Zimmer Equipment. As reported in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, fiscal year 2025 consolidated revenue was approximately $8.22 million, substantially all of which was generated following the June 2025 acquisition. As reported in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2026 and the Company's May 15, 2026 first quarter 2026 results release, first quarter 2026 consolidated revenue was approximately $3.96 million, reflecting sequential growth of approximately 20% versus the fourth quarter of 2025. Combining these two fully reported GAAP periods produces cumulative consolidated revenue exceeding $11 million across the first 15 months of the Company's post-acquisition operations.

Logistics Segment

The Logistics segment, consisting of Zimmer Equipment, Inc., achieved positive operating income and positive net income in the first quarter of 2026, compared to an operating loss and a net loss in the fourth quarter of 2025. Logistics segment revenue grew approximately 19% quarter-over-quarter in the first quarter, also as previously disclosed. The Company believes the segment's first quarter 2026 shift to positive net income reflects improved fleet utilization and route density on a substantially flat driver and equipment base.

Biomass Recycling Segment Material Sales Mix

In the Biomass Recycling segment, consisting of Resource Group US Holdings LLC, mulch revenue rose to approximately $400,000 in the first quarter of 2026 from approximately $205,000 in the fourth quarter of 2025, an increase of approximately 96% quarter-over-quarter. Within mulch, high-processed wood mulch revenue rose to approximately $140,000 from approximately $68,000, an increase of approximately 107% quarter-over-quarter. Compost revenue was approximately $89,000 in the first quarter, compared to approximately $108,000 in the prior quarter, a decrease of approximately 18%, consistent with product mix shift toward higher-value engineered outputs.

About RenX Enterprises Corp.

RenX Enterprises Corp. is a technology-driven environmental processing and sustainable materials company focused on producing value-added compost, engineered soils, and specialty growing media for agricultural, commercial, and consumer end markets. The Company's platform is designed to be differentiated by its use of advanced milling and material-processing technology, including a planned deployment of a licensed Microtec system, to precisely size, refine, and condition organic inputs into consistent, high-performance soil substrates. This technology-enabled approach allows RenX to move beyond traditional waste-to-value operations and manufacture engineered growing media with repeatable quality and defined specifications.

RenX's core operations are anchored by a permitted 80+ acre organics processing facility in Myakka City, Florida. At this facility, the Company integrates organics processing, advanced milling, blending, and in-house logistics to support the localized production of proprietary soil substrates and potting media. The Company believes that by optimizing products for regional feedstocks and customer requirements, it can shorten supply chains, enhance quality control, and improve unit economics while serving higher-value end markets. The Company also owns a portfolio of legacy real estate assets, which it intends to monetize to fund its core technology-driven environmental processing platform.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding planned deployment of a licensed Microtec system, to precisely size, refine, and condition organic inputs into consistent, high-performance soil substrates; moving beyond traditional waste-to-value operations and manufacturing engineered growing media with repeatable quality and defined specifications; belief that by optimizing products for regional feedstocks and customer requirements, the Company can shorten supply chains, enhance quality control, and improve unit economics while serving higher-value end markets and monetizing the Company’s portfolio of legacy real estate assets to fund its core platform. . Important factors that could cause actual results to differ materially include customer demand variability, successful deployment of the Microtec system, fleet and equipment availability, fuel and labor cost variability, feedstock supply continuity, weather and seasonal factors, and other factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and its subsequent filings with the SEC. The Company undertakes no obligation to revise or update this press release.

For Media and IR inquiries please contact:
info@renxent.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much revenue has RenX (NASDAQ: RENX) generated since its June 2025 acquisitions?

RenX reports generating more than $11 million in consolidated revenue during the first 15 months after its June 2025 acquisitions. According to RenX, this combines fiscal 2025 revenue of about $8.22 million and first quarter 2026 revenue of about $3.96 million.

What was RenX Enterprises’ Q1 2026 revenue and sequential growth rate (RENX)?

RenX recorded approximately $3.96 million in consolidated revenue for Q1 2026, with about 20% sequential growth versus Q4 2025. According to RenX, this performance contributes to its cumulative post-acquisition revenue exceeding $11 million over the first 15 months.

Did the RenX Logistics segment reach profitability in Q1 2026?

Yes, the Logistics segment achieved positive operating income and positive net income in Q1 2026. According to RenX, this compares with an operating loss and net loss in Q4 2025 and coincided with approximately 19% quarter-over-quarter revenue growth in the segment.

How fast did Biomass Recycling mulch revenue grow for RenX in Q1 2026?

Biomass Recycling mulch revenue rose to about $400,000 in Q1 2026, an approximate 96% quarter-over-quarter increase. According to RenX, high-processed wood mulch within this category grew from about $68,000 to roughly $140,000, a gain of about 107% QoQ.

What were the Q1 2026 results for RenX high-processed wood mulch revenue?

High-processed wood mulch revenue reached approximately $140,000 in Q1 2026, up from about $68,000 in Q4 2025. According to RenX, this represents an estimated 107% quarter-over-quarter increase within its Biomass Recycling segment product mix.

How did RenX Enterprises’ compost revenue change in Q1 2026?

Compost revenue declined to approximately $89,000 in Q1 2026 from about $108,000 in Q4 2025, a decrease near 18%. According to RenX, this movement aligns with a product mix shift toward higher-value engineered outputs within the Biomass Recycling segment.