| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 4.26 | 7.6% | 204.3% |
| Total Income | 4.26 | 7.6% | 204.3% |
| Expenditure | 7.25 | 7.7% | 14.3% |
| PBT | — | ||
| Net Profit | -8.02 | 14.0% | 40.2% |
| OPM | -70.40% | 0.44pp | |
| NPM | — | ||
| EPS | -3.08 | 36.8% | 34.5% |
RenX Enterprises Reports Q2 2026 Record Revenue of $4.26 Million and Profitable Logistics Segment
13 Aug 2026 · 13 Aug, 6:33 pm
Summary
RenX Enterprises Corp. reported record quarterly revenue of $4.26 million for the second quarter of 2026, up 7.5% sequentially, driven by growth in both primary operating segments. The Logistics segment achieved its second consecutive profitable quarter, with operating income nearly tripling and Adjusted EBITDA up 45% sequentially. The company also announced progress on its Microtec UTM 1200 Turbo Mill, which has shipped and is slated for commissioning in the second half of 2026, a development management views as a key future growth driver. The net loss narrowed to $8.0 million, and consolidated EBITDA improved significantly.
Key Highlights
- 1
RenX Enterprises Corp. achieved a record consolidated revenue of $4.26 million in the second quarter of 2026, representing a 7.5% increase quarter-over-quarter.
- 2
The Logistics segment reported its second consecutive profitable quarter with operating income nearly tripling to $258 thousand and segment Adjusted EBITDA growing approximately 45% quarter-over-quarter to $523 thousand.
- 3
Compost Sales segment revenue increased by approximately 10.6% quarter-over-quarter to $1.05 million, with a gross margin above 60%.
- 4
The net loss for the second quarter narrowed to $8.0 million from $9.3 million in the first quarter, with consolidated EBITDA improving to $(4.4) million from $(7.2) million.
- 5
The Microtec UTM 1200 Turbo Mill has shipped from Germany and is in transit for commissioning in the second half of 2026, which management believes will be a significant driver of future business.
- 6
The Company launched its land clearing division subsequent to quarter end and secured its first purchase order from Frederick Derr & Company.
Management Comments
David Villarreal
The second quarter gave us certain of the proof points we were building toward: record revenue, our two primary segments growing, and a second consecutive profitable quarter at the Logistics segment. With the Microtec mill on the water and site preparation well advanced, the second half of 2026 will be about execution: landing the mill, commissioning it, and converting the throughput of our Myakka City platform into engineered substrate at meaningfully higher margins. The launch of our land clearing division shows how we intend to grow, with services that pay us on both sides of the transaction and feed the platform at the same time.
Informational and educational content only. Not investment advice.