Old boatRenX Enterprises $RENX
Grew revenue 3861% in FY2025 to $8 million, operating margin -151% against a 3.5% median for refuse systems, equity 12.4% of assets.
Last filing8-K · Item 1.01 Entry into a Material Definitive Agreement, 5 Oct 2026
Edgarette’s full reading · exposure, experience, soundness, credibility, range
🫧 Edgar looked up RenX Enterprises Corp. ($RENX). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-10-05. 19 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $8.2M (FY2025), total debt $20.8M. Experience: revenue up 3860.7% on the year; operating margin -151.5%, up from -3160.1%. Soundness: equity 12.4% of assets, return on equity -363.1%. Credibility: 2 audited years, moderate weight. Range: 80% of past cases like this landed between $238.9M and $429.1M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, its industry group): operating margin -151.5% against a 3.5% median; growth 3860.7% against 4.3%.
Read from its own SEC filings · nothing written, nothing inferred
Speed and cash · fiscal 2025
| Cash flow (op · inv · fin · free) | — · −$4M · $10M · — |
| Investment book (cash · short · long) | $0M · — · — · current ratio 0.12 |
| Revenue swing · equity of assets | — · 12.4% |
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $8M |
| Revenue, on the year | 3860.7% |
| Revenue, a year over the record | — |
| Operating margin | −151.5% |
| Operating margin, prior year | −3160.1% |
| Net margin | −194.1% |
| Research and development | not filed separately |
| Total debt | $21M |
| Equity of assets | 12.4% |
| Return on equity | −363.1% |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $-83.99 |
| Book value per share | $18.84 |
| Revenue per share | $35.25 |
| Shares outstanding | 233,211 |
| Audited years read | 2 |
Peers: the median of 9 filers with $50M+ revenue in refuse systems.
Classic signals · fiscal 2025Altman Z″ not covered: a regulated utility runs negative working capital by design, which the model reads as distressPiotroski F 3 of 9 middling 2000Beneish M not enough filed detail (needs receivables, cost of revenue, PP&E, depreciation, SG&A for two years)Sloan accruals needs net income, operating cash and two years of assetsDuPont ROE -608.2% = margin -194.1% × turns 0.34 × leverage 9.19
What a terminal subscription used to buy, a filing and arithmetic now give anyone. Published method, from the same filings. Display only: nothing here moves the range or its receipt. Why? →
Health HarborRenX Enterprises sails as: Old boat
Health watch · 12 monthsLate annual report noticeExchange listing notice or transferDirector or officer change ×2
No growth figure to set the speed.
🌊 Visit the Bay →- filed late annual report notice in the last 12 months
- operating loss: a margin of -151.5% in FY2025
- revenue is hard to predict: its 80% range is ±28%
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an operating loss; negative free cash flow outside regulated utilities; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-10-05 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits
- 8-K · 2026-08-28 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits
- 8-K · 2026-08-21 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-08-13
- 8-K · 2026-08-13 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
- 8-K · 2026-07-07 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company