---
title: "RenX Enterprises | 10-Q: FY2026 Q1 Revenue: USD 3.958 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286571010.md"
datetime: "2026-05-15T13:05:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286571010.md)
  - [en](https://longbridge.com/en/news/286571010.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286571010.md)
---

# RenX Enterprises | 10-Q: FY2026 Q1 Revenue: USD 3.958 M

Revenue: As of FY2026 Q1, the actual value is USD 3.958 M.

EPS: As of FY2026 Q1, the actual value is USD -4.87.

EBIT: As of FY2026 Q1, the actual value is USD -1.437 M.

### Financial Metrics by Segment

#### For the Three Months Ended March 31, 2026

**Real Estate Development Segment:** **Revenue:** $0 **Cost of Revenue:** $0 **Operating Expenses:** $2,328,054 **Operating Loss:** - $2,328,054 **Other Income (Expense):** - $5,966,536 **Net Loss:** - $8,294,590 **Total Assets:** $3,539,430

**Technology Segment:** **Revenue:** $0 **Cost of Revenue:** $0 **Operating Expenses:** $121 **Operating Loss:** - $121 **Other Income (Expense):** - $1,062 **Net Loss:** - $1,183 **Total Assets:** $1,821

**Compost Sales Segment:** **Revenue:** $947,962 **Cost of Revenue:** $327,358 **Operating Expenses:** $1,154,795 **Operating Loss:** - $534,191 **Other Income (Expense):** - $535,533 **Net Loss:** - $1,069,724 **Total Assets:** $29,493,764

**Logistics Segment:** **Revenue:** $3,010,162 **Cost of Revenue:** $2,298,310 **Operating Expenses:** $618,413 **Operating Profit:** $93,439 **Other Income (Expense):** - $56,943 **Net Profit:** $36,496 **Total Assets:** $2,695,017

**Consolidated Financials (YoY Comparison to March 31, 2025):** **Revenue:** $3,958,124, primarily from material sales and waste collection/processing . **Cost of Revenue:** $2,625,668 **Gross Profit:** $1,332,456, representing a gross margin of approximately 34% . **Operating Expenses:** Increased to $4,101,383 from $1,270,232 in 2025, primarily due to the acquisition of Resource Group . **Operating Loss:** - $2,768,927 **Net Loss:** - $9,329,001 (compared to - $2,179,993 in 2025) . **Cash Flows from Operating Activities:** Used net cash of - $2,016,375 (compared to - $551,874 in 2025) . **Cash Flows from Investing Activities:** Used net cash of - $529,675 (compared to - $10,000 in 2025) . **Cash Flows from Financing Activities:** Provided cash of $3,003,725 (compared to $283,211 in 2025) . **Net Change in Cash:** $457,675 **Cash at End of Period:** $511,741

#### For the Three Months Ended March 31, 2025

**Real Estate Development Segment:** **Revenue:** $0 **Cost of Revenue:** $0 **Operating Expenses:** $1,253,840 **Operating Loss:** - $1,253,840 **Other Income (Expense):** - $916,131 **Net Loss:** - $2,169,971 **Total Assets:** $12,093,091

**Technology Segment:** **Revenue:** $18,170 **Cost of Revenue:** $11,800 **Operating Expenses:** $16,392 **Operating Loss:** - $10,022 **Other Income (Expense):** $0 **Net Loss:** - $10,022 **Total Assets:** $1,012,685

**Compost Sales Segment:** **Revenue:** $0 **Cost of Revenue:** $0 **Operating Expenses:** $0 **Operating Loss:** $0 **Other Income (Expense):** $0 **Net Loss:** $0 **Total Assets:** $0

**Logistics Segment:** **Revenue:** $0 **Cost of Revenue:** $0 **Operating Expenses:** $0 **Operating Loss:** $0 **Other Income (Expense):** $0 **Net Loss:** $0 **Total Assets:** $0

### Future Outlook and Strategy

RenX Enterprises Corp. plans to focus its primary operations on compost sales and logistics, while continuing to monetize legacy real estate assets and joint venture interests . The company is implementing the Microtec UTM 1200 Turbo Mill system at its Myakka City facility, with Phase 1 deployment targeted for 2026 to expand processing capacity for engineered soils and mulch products . RenX Enterprises Corp. anticipates needing additional future financing for business expansion, as current cash is expected to fund operations through June 2027 .

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