RenX Enterprises Corp

ir.renxent.com

What Do They Do?

Processes organic waste into compost and engineered soils, and provides collection and hauling services for green-waste generators, landscapers and municipalities.

How Do They Make Money?

Customers pay for materials such as compost, soil and mulch, and for organic-waste collection and disposal; payment is generally tied to delivery or customer pickup. Residential real-estate commissions are earned when the transaction service is completed.

FY2025 revenue by product or service revenue

Segment	Share	Revenue	How money arrives
Commissions Sold outright	0.2%		Sold outright
Sale of Materials Sold outright	100%		Sold outright

Who Are Their Customers?

The company serves green-waste generators, landscaping companies, golf courses, communities and municipalities with collection and disposal services, and sells processed materials to agricultural, commercial and consumer markets.

Do Revenues Turn Into Profits?

No. It lost $16M in FY2025.

Operating income, FY2025

−151% of revenue

▲ +90% (Loss) vs FY2024 (−$6.6M, −3160%)

Net income, FY2025

−194% of revenue

▲ +79% (Loss) vs FY2024 (−$8.9M, −4292%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +203%; vs $1.4M in Q2 FY2025
Net income: ▲ +40% (Loss); vs −$5.7M in Q2 FY2025

Sale of Materials share of revenue vs 30.3% in Q2 FY2025

Aug 21, 2026 A joint venture agreed to sell the Norman Berry property The proposed $2.6 million sale is subject to conditions, including state program allocations and financing.

Revenue over time

Commissions Sale of Materials

$10M$5M$0

FY2024 FY2025

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