RENX RenX Enterprises Corp.

Overview and Growth

Fiscal 2025 results for RenX Enterprises Corp. combined $8.22M of revenue with net loss of $15.96M and an operating cash outflow of $7.27M. The $8.22M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Diluted earnings per share were -$83.99, translating the period’s attributable earnings into the amount reported for each diluted share. The company employed $35.48M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.23x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $2.39M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 29.1%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced a $12.45M operating loss before non-operating and tax effects. An operating margin of -151.5% reflected costs exceeding revenue-level gross profit by 151.5% of sales. The bottom-line result was a net loss of $15.96M after operating, financing, tax, and other recognized items. Net margin was -194.1%, reflecting a loss equal to 194.1% of reported revenue. EBITDA was negative $11.40M, showing a deficit before interest, taxes, depreciation, and amortization. The reported tax benefit was $4.24M, favorably bridging the pretax and after-tax results. The net loss equaled 363.1% of period-end equity, showing the deficit relative to book capital. Relative to total assets, the net loss represented 45.0%. Compared with a $8.91M net loss in fiscal 2024, the current loss increased to $15.96M.

Liquidity and Capital Structure

At period end, the $35.48M asset base was financed through $31.08M of liabilities and $4.39M of equity. At period end, current assets of $2.57M compared with current liabilities of $21.61M, defining the company’s short-term resource position. Current assets covered only 0.12x of current liabilities, so current liabilities exceeded current assets at period end. Reported cash and equivalents were $54.07K, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 0.3% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $29.01M, establishing the amount of borrowing carried within the company’s capital structure. The debt-to-equity relationship was 6.6x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 81.8%, comparing borrowing with the total asset balance. Book equity represented 12.4% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 87.6%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 0.2% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $12.75M in fiscal 2024, the current asset base moved 178.2% and finished higher. Book equity was 415.0% higher than fiscal 2024 equity of $853.18K, showing how shareholder capital changed year over year. Compared with $227.77K in fiscal 2024, the current cash balance moved 76.3% and finished lower.

Cash Flow and Earnings Quality

Operating activities used $7.27M of cash, resulting in an operating cash outflow for the year. The company spent $3.62M on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. The company recorded a $10.89M cash deficit after capital spending for the period. Free-cash-flow margin was -132.5%, reflecting a cash deficit equal to 132.5% of revenue after capital spending. Relative to total assets, the post-investment cash deficit measured 30.7%.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.