RenX Enterprises Corp (NASDAQ: RENX) is a diversified operating company with business activities spanning trucking logistics, engineered soils and composting, and real estate development investments. Revenue is generated through logistics and transportation services operated via owner-operators, organic waste processing and engineered soil products through its Resource Group subsidiary, and equity-method investments in real estate development projects. The company holds a 50% membership interest in Norman Berry II Owner LLC, an affordable housing development in the Atlanta, Georgia metropolitan area (as of December 31, 2025), and held a 10% non-dilutable equity interest in JDI-Cumberland Inlet, LLC, a 1,298-acre mixed-use waterfront development in St. Mary's, Georgia, before that entity filed for bankruptcy in May 2025. Resource Group serves institutional clients including universities, hospitals, and municipalities with biomass recycling, composting, and logistics solutions. As of March 31, 2026, there were approximately 68 holders of record of RENX common stock. The company has never paid a cash dividend.
- Revenue model
- Revenue is derived from trucking and logistics services using an owner-operator model, engineered soils and composting product sales and operational services through Resource Group, and equity-method returns from real estate development investments including a 10% preferred return on unreturned capital in Norman Berry II Owner LLC.
- Products and services
- Trucking and logistics services; engineered soils; composting and biomass recycling; organic waste processing; site-specific logistics planning; equity-method real estate investments including affordable housing (Norman Berry Village, Atlanta, Georgia) and a mixed-use waterfront development (Cumberland Inlet Project, St. Mary's, Georgia).
- Customers and end markets
- Institutional clients including universities, hospitals, and municipalities for composting and logistics services; affordable housing development partners; mixed-use real estate development end markets.
- Value-chain role
- Operator and service provider in trucking logistics via owner-operators; processor and distributor of organic feedstocks into engineered soils and compost products; minority equity investor in real estate development joint ventures.
- Geographic exposure
- Operations and investments primarily in Georgia, including Atlanta metropolitan area (Norman Berry Village affordable housing) and St. Mary's, Georgia (Cumberland Inlet Project). Resource Group serves institutional clients at a localized, decentralized level.
- Competitors
- Established waste management firms (unnamed in filing), Emerging clean technology companies offering composting and organic waste processing (unnamed in filing)
Source: SEC 10-K, filed 2026-04-01
Industry:
Refuse Systems
Peers:
Alset Inc
AMREP Corp
Stratus Properties Inc
International Land Alliance Inc
Kaanapali Land LLC
Star Holdings