Range Impact Reports 3Q 2025 Financial Results
Range Impact (OTCQB: RNGE) reported third-quarter results for the period ended September 30, 2025, filing its Form 10-Q on November 14, 2025. The company generated $778,767 in revenue, consisting of $569,947 in royalty revenues and $208,820 from legacy abandoned mine land services. After adding back non-cash accretion expense, gross profit was $528,184. During the quarter Range Impact consolidated two lines of credit into a single promissory note to improve near-term cash flow, returned underutilized equipment and reduced third-party equipment debt by $2,082,277, and raised $550,000 of equity from its chairman/CEO and largest shareholder to bolster liquidity. Management emphasized focus on debt reduction, lower operating leverage and growing recurring revenue while advancing reclamation at the Fola Mine Complex across more than 13,000 acres.
Range Impact (OTCQB: RNGE) ha riportato i risultati del terzo trimestre per il periodo terminato il 30 settembre 2025, presentando il Form 10-Q il 14 novembre 2025. L'azienda ha generato $778,767 di entrate, costituite da $569,947 di entrate da royalties e $208,820 da servizi legati a terre minerarie abbandonate. Dopo aver aggiunto indietro la spesa di accrescimento non monetaria, il margine lordo è stato di $528,184. Nel trimestre Range Impact ha consolidato due linee di credito in un unico promissory note per migliorare il flusso di cassa a breve termine, ha restituito attrezzature sottoutilizzate e ha ridotto il debito per attrezzature di terze parti di $2,082,277, e ha raccolto $550,000 di capitale dal presidente/CEO e dal principale azionista per rafforzare la liquidità. La direzione ha posto l'accento sulla riduzione del debito, su una minore leva operativa e sulla crescita dei ricavi ricorrenti, mentre si prosegue la bonifica del Fola Mine Complex su oltre 13.000 acri.
Range Impact (OTCQB: RNGE) informó los resultados del tercer trimestre para el periodo terminado el 30 de septiembre de 2025, presentando su Form 10-Q el 14 de noviembre de 2025. La compañía generó $778,767 en ingresos, que consistieron en $569,947 en ingresos por regalías y $208,820 de servicios heredados de minas abandonadas. Después de añadir de vuelta el gasto de acreción no en efectivo, la utilidad bruta fue de $528,184. Durante el trimestre Range Impact consolidó dos líneas de crédito en una única nota promisoria para mejorar el flujo de efectivo a corto plazo, devolvió equipos subutilizados y redujo la deuda de equipos de terceros en $2,082,277, y obtuvo $550,000 de capital de su presidente/CEO y del accionista principal para reforzar la liquidez. La dirección enfatizó el enfoque en la reducción de deuda, menor apalancamiento operativo y el crecimiento de ingresos recurrentes mientras avanza la rehabilitación de Fola Mine Complex sobre más de 13,000 acres.
Range Impact (OTCQB: RNGE)는 2025년 9월 30일로 종료되는 기간의 3분기 실적을 발표했고 2025년 11월 14일 Form 10-Q를 제출했습니다. 회사는 $778,767의 매출을 창출했고 그 중 $569,947는 로열티 수익, $208,820는 폐기된 광산 토지 서비스에서 발생했습니다. 비현금 증가 비용을 다시 가산한 후 총이익은 $528,184였습니다. 분기 동안 Range Impact는 단기 현금 흐름을 개선하기 위해 두 개의 신용 한계를 하나의 약속노트로 합쳤고, 활용되지 않은 장비를 반납했으며 제3자 장비 부채를 $2,082,277 줄였고, 의장/CEO이자 최대 주주로부터 현금성 550,000달러를 조달해 유동성을 강화했습니다. 경영진은 부채 축소, 낮은 운용 레버리지, 재발생하는 매출 성장에 중점을 두고 Fola Mine Complex를 13,000에이커 이상에 걸쳐 복원을 진행하고 있다고 강조했습니다.
Range Impact (OTCQB : RNGE) a publié les résultats du troisième trimestre pour la période se terminant le 30 septembre 2025, en déposant le formulaire 10-Q le 14 novembre 2025. La société a généré $778,767 de revenus, composés de $569,947 de revenus de licences et de $208,820 de services liés à des terrains miniers abandonnés. Après avoir réintégré les charges non monétaires d'accroissement, le bénéfice brut s'éleva à $528,184. Au cours du trimestre, Range Impact a consolidé deux lignes de crédit en une seule note-promesse afin d'améliorer le flux de trésorerie à court terme, a restitué des équipements sous-utilisés et a réduit la dette d'équipement de tiers de $2,082,277, et a levé $550,000 de capitaux auprès de son président/CEO et du principal actionnaire pour renforcer la liquidité. La direction a souligné l'accent mis sur la réduction de la dette, une moindre levier opérationnel et la croissance des revenus récurrents tout en faisant progresser la réhabilitation du Fola Mine Complex sur plus de 13,000 acres.
Range Impact (OTCQB: RNGE) meldete die Ergebnisse des dritten Quartals für den Zeitraum zum 30. September 2025 und reichte das Formular 10-Q am 14. November 2025 ein. Das Unternehmen erzielte $778,767 Umsatz, bestehend aus $569,947 aus Lizenzgebühren und $208,820 aus Diensten im Zusammenhang mit Legacy Abandoned Mine Land. Nachdem nicht-monetäre Aufzinsungskosten wieder hinzugerechnet wurden, betrug der Bruttogewinn $528,184. Im Quartal hat Range Impact zwei Kreditlinien in eine einzige Promissory Note zusammengeführt, um den kurzfristigen Cashflow zu verbessern, ungenutzte Ausrüstung zurückgegeben und die Fremdausrüstungsverschuldung um $2,082,277 reduziert sowie $550,000 Eigenkapital von seinem Vorsitzenden/CEO und dem größten Aktionär aufgenommen, um die Liquidität zu stärken. Das Management betonte den Fokus auf Schuldenabbau, geringere operative Hebelwirkung und Wachstum der wiederkehrenden Einnahmen, während die Sanierung des Fola Mine Complex über mehr als 13.000 Acre vorangetrieben wird.
Range Impact (OTCQB: RNGE) أعلنت عن نتائج الربع الثالث للفترة المنتهية في 30 سبتمبر 2025، وتقديم نموذج 10-Q في 14 نوفمبر 2025. حققت الشركة $778,767 من الإيرادات، وتتكون من $569,947 من إيرادات الملكية و$208,820 من خدمات الأراضي المنجمية المهجورة. بعد إضافة مصاريف الاستحقاق غير النقدية، بلغ الربح الإجمالي $528,184. خلال الربع قامت Range Impact بدمج خطين ائتمانيين في سند واحد لتحسين التدفق النقدي قصير الأجل، وأعادت معدات غير مستخدمة وقللت ديون معدات الطرف الثالث بمقدار $2,082,277، وجمعت $550,000 من رئيسها/الرئيس التنفيذي وأكبر مساهم لتعزيز السيولة. أكدت الإدارة التركيز على خفض الدين، وتقليل الرافعة التشغيلية، ونمو الإيرادات المتكررة فيما تواصل تقدم إعادة تأهيل مجمع منجم فولا عبر أكثر من 13,000 فدان.
- Revenue of $778,767 for 3Q 2025
- Gross profit of $528,184 after add-back
- Reduced third-party equipment debt by $2,082,277
- Raised $550,000 of equity capital for liquidity
- Consolidated two credit lines into one promissory note
- Revenue scale remains small at $778,767 for the quarter
- Company relied on insider equity (chairman/CEO/major shareholder) for $550,000
- Ongoing focus on eliminating debt and improving liquidity indicates remaining leverage
Cleveland, Ohio, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Range Impact, Inc. (OTCQB: RNGE) (“Range Impact” or the “Company”), a public impact investing company dedicated to acquiring, reclaiming and repurposing mine sites in Appalachia, reports its results for the third quarter ended September 30, 2025.
Range Impact’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 was filed with the Securities and Exchange Commission on November 14, 2025 and is available for viewing at https://rangeimpact.com/investors/. Since the information provided in this press release is limited to selected financial and operational information, shareholders and interested parties are encouraged to read the Company’s full Form 10-Q available on its website.
Michael Cavanaugh, Range Impact’s CEO, states, “Our third quarter results highlight our dedicated focus on eliminating debt, reducing operating leverage and improving liquidity to drive profitable operations once our recurring revenue streams continue to grow.” Cavanaugh added, “During the quarter, our team continued to make meaningful progress reclaiming our Fola Mine Complex and advancing multiple strategic conversations related to possible long-term future uses for our more than 13,000 acres of contiguous surface land once the land is reclaimed.”
Business and Financial Highlights of the 2025 Third Quarter
- Generated revenue of
$778,767 , which was comprised of$569,947 in royalty revenues and$208,820 generated by our legacy abandoned mine land services - Earned gross profit of
$528,184 after adding back the non-cash accretion expense associated with the Company’s asset retirement obligations - Consolidated two lines of credit into one promissory note with a longer duration and more favorable near-term cash flow profile
- Returned underutilized equipment and reduced third-party equipment debt by
$2,082,277 - Raised
$550,000 of equity capital from the Company’s Chairman, CEO and largest shareholder to provide the Company with additional liquidity to execute its value creation plan - Continued to streamline the Company’s operations to boost the amount of free cash flow that can be allocated to reclamation and repurposing efforts at the Fola Mine Complex
About Range Impact, Inc.
Headquartered in Cleveland, Ohio, Range Impact is a public company (OTC: RNGE) dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. Range Impact owns and operates several complementary operating businesses focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. Range Impact takes an opportunistic approach to impact investing by leveraging its competitive advantages and looking at solving old problems in new ways. Range Impact seeks to thoughtfully allocate its capital into strategic opportunities that are expected to make a positive impact on the people-planet ecosystem and generate strong investment returns for its shareholders.
Notice Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in Section 27(a) of the Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Although we believe that these statements are based on reasonable assumptions, they are subject to numerous factors that could cause actual outcomes and results to be materially different from those indicated in such statements. Such factors include, among others, the inherent uncertainties associated with new projects, changes in business strategy and new lines of business. These forward-looking statements are made as of the date of this press release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Range Impact, Inc.
Investor Relations
P: +1 (216) 304-6556
E: ir@rangeimpact.com
W: www.rangeimpact.com
FAQ
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