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Financial statements

RenX Enterprises Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data RenX Enterprises Corp. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2023FY2024FY2025
Revenue0.218.22
Cost of revenue0.185.83
Gross profit0.022.39
Selling and marketing0.030.130.470.86
General and administrative11.771.534.18
Operating expenses2.143.026.5814.8
Operating income-2.14-3.02-6.56-12.5
Interest expense0.311.183.475.27
Interest income0.01
Other non-operating income-1.18-2.35-3.51
Income tax-0.36-1.92-4.24
Income from continuing operations-8.91-16
Net income-2.44-4.2-8.91-16
EBITDA-3.02-6.56-11.4
EPS, basic-986,765.00-573.26-195.69-83.99
EPS, diluted-986,764.00-573.26-195.69-83.99
Shares, basic (weighted)00.010.050.23
Shares, diluted (weighted)00.010.050.23

Balance sheet

FY2023FY2023FY2024FY2025
Cash and equivalents000.230.05
Receivables0.8
Inventory1.08
Other current assets0.030.230.50.64
Total current assets0.030.241.82.57
Property, plant and equipment00.0111.8
Lease right-of-use assets0.29
Goodwill0.026.24
Intangible assets0.021.0411.3
Other non-current assets0.060.070.10.09
Total assets9.279.5612.835.5
Accounts payable0.260.61.295.53
Short-term debt2.656.819.8620.8
Total current liabilities7.17.6710.421.6
Long-term debt1.58.24
Lease liabilities0.25
Total liabilities7.17.6711.931.1
Total debt9.8620.8
Paid-in capital5.19.0216.736.6
Retained earnings-2.93-7.13-16-32.2
Shareholders' equity2.171.89
Minority interests0.23
Total equity2.171.890.854.39
Total liabilities and equity9.279.5612.835.5
Shares outstanding00.030.060.94

Cash flow statement

FY2023FY2023FY2024FY2025
Net income-2.44-4.2-8.91-16
Depreciation and amortization001.05
Stock-based compensation2.170.18
Deferred income tax-0.55-0.36
Change in receivables0.13
Change in inventory-0.13
Change in payables0.130.350.691.6
Cash from operations-2.32-4.55-2.6-7.27
Capital expenditures-0-0-3.62
Acquisitions-0.150.31
Purchases of investments-0.04
Cash from investing-1.4-0.08-0.72-3.53
Debt issued0.10.1
Debt repaid-2.53-0.9
Stock issued0.75
Cash from financing3.714.633.6110.2
Net change in cash000.29
Free cash flow-4.55-2.6-10.9

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $2.20 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin30.2%Gross profit / revenue.
Operating margin-80.0%Operating income / revenue.
EBITDA margin-66.7%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-169.2%Net income / revenue.
Return on assets (ROA)-65.6%Net income / average total assets.
D&A / revenue13.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y3,861.0%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y9,505.0%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y178.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y56.4%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y412.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y4,785.0%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.24xCurrent assets / current liabilities.
Quick ratio0.15x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.09x(Cash + short-term investments) / current liabilities.
Debt / assets59.8%Total debt / total assets.
Liabilities / assets81.8%Total liabilities / total assets.
Net debt$21.0MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-1.58xOperating income / interest expense.
Working capital-$18.2MCurrent assets - current liabilities.
Goodwill and intangibles / assets43.9%(Goodwill + intangible assets) / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.39xRevenue / average total assets.
Fixed asset turnover1.22xRevenue / average property, plant and equipment.
Inventory turnover13.2xCost of revenue / average inventory.
Days inventory28 days365 x average inventory / cost of revenue.
Receivables turnover11.1xRevenue / average receivables.
Days sales outstanding33 days365 x average receivables / revenue.
Days payables178 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-117 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$9.77Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$5.77Revenue / diluted weighted shares.
Cash per share$0.83(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$5.8MShare price x shares outstanding.
Enterprise value$26.8MMarket cap + total debt - cash - short-term investments.
P/S0.39xMarket cap / revenue.
EV/Sales1.78xEnterprise value / revenue.
Earnings yield-436.3%Net income / market cap (the inverse of P/E).
What was RenX Enterprises Corp.'s revenue in fiscal 2025?

RenX Enterprises Corp. reported revenue of $8.2M for fiscal 2025, 3,860.7% higher than the year before.

Was RenX Enterprises Corp. profitable in fiscal 2025?

No. It reported a net loss of $16.0M.

How much free cash flow did RenX Enterprises Corp. generate in fiscal 2025?

Cash from operations of $7.3M minus capital expenditures of $3.6M left free cash flow of -$10.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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