{"success":true,"data":{"pressRelease":{"id":"41937","rtpr_id":"nGNX4By1Pc","ticker":"RENX","exchange":"NASDAQ","all_tickers":["RENX"],"title":"RenX Enterprises Has Generated More Than $11 Million in Consolidated Revenue Since June 2025 Acquisitions; Biomass Recycling Segment Mulch Revenue Approximately Doubled Quarter-over-Quarter in First Quarter 2026","author":"Globe Newswire","published_at":"2026-05-21T11:30:00.237Z","article_body":"MIAMI, FL, May 21, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ:\nRENX) (\"RenX\" or the \"Company\") today disclosed select first quarter 2026\noperating detail for its Logistics segment (Zimmer Equipment, Inc.) and\nBiomass Recycling segment (Resource Group US Holdings LLC), complementing the\nconsolidated financial results reported in the Company's Quarterly Report on\nForm 10-Q for the period ended March 31, 2026.\n\nRevenue Since June 2025 Acquisitions\n\nRenX has generated more than $11 million in consolidated revenue across the 15\nmonths following the June 2025 acquisition of Resource Group US and Zimmer\nEquipment. As reported in the Company's Annual Report on Form 10-K for the\nyear ended December 31, 2025, fiscal year 2025 consolidated revenue was\napproximately $8.22 million, substantially all of which was generated\nfollowing the June 2025 acquisition. As reported in the Company's Quarterly\nReport on Form 10-Q for the period ended March 31, 2026 and the Company's May\n15, 2026 first quarter 2026 results release, first quarter 2026 consolidated\nrevenue was approximately $3.96 million, reflecting sequential growth of\napproximately 20% versus the fourth quarter of 2025. Combining these two fully\nreported GAAP periods produces cumulative consolidated revenue exceeding $11\nmillion across the first 15 months of the Company's post-acquisition\noperations.\n\nLogistics Segment\n\nThe Logistics segment, consisting of Zimmer Equipment, Inc., achieved positive\noperating income and positive net income in the first quarter of 2026,\ncompared to an operating loss and a net loss in the fourth quarter of 2025.\nLogistics segment revenue grew approximately 19% quarter-over-quarter in the\nfirst quarter, also as previously disclosed. The Company believes the\nsegment's first quarter 2026 shift to positive net income reflects improved\nfleet utilization and route density on a substantially flat driver and\nequipment base.\n\nBiomass Recycling Segment Material Sales Mix\n\nIn the Biomass Recycling segment, consisting of Resource Group US Holdings\nLLC, mulch revenue rose to approximately $400,000 in the first quarter of 2026\nfrom approximately $205,000 in the fourth quarter of 2025, an increase of\napproximately 96% quarter-over-quarter. Within mulch, high-processed wood\nmulch revenue rose to approximately $140,000 from approximately $68,000, an\nincrease of approximately 107% quarter-over-quarter. Compost revenue was\napproximately $89,000 in the first quarter, compared to approximately $108,000\nin the prior quarter, a decrease of approximately 18%, consistent with product\nmix shift toward higher-value engineered outputs.\n\nAbout RenX Enterprises Corp.\n\nRenX Enterprises Corp. is a technology-driven environmental processing and\nsustainable materials company focused on producing value-added compost,\nengineered soils, and specialty growing media for agricultural, commercial,\nand consumer end markets. The Company's platform is designed to be\ndifferentiated by its use of advanced milling and material-processing\ntechnology, including a planned deployment of a licensed Microtec system, to\nprecisely size, refine, and condition organic inputs into consistent,\nhigh-performance soil substrates. This technology-enabled approach allows RenX\nto move beyond traditional waste-to-value operations and manufacture\nengineered growing media with repeatable quality and defined specifications.\n\nRenX's core operations are anchored by a permitted 80+ acre organics\nprocessing facility in Myakka City, Florida. At this facility, the Company\nintegrates organics processing, advanced milling, blending, and in-house\nlogistics to support the localized production of proprietary soil substrates\nand potting media. The Company believes that by optimizing products for\nregional feedstocks and customer requirements, it can shorten supply chains,\nenhance quality control, and improve unit economics while serving higher-value\nend markets. The Company also owns a portfolio of legacy real estate assets,\nwhich it intends to monetize to fund its core technology-driven environmental\nprocessing platform.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933 and Section 21E of the Securities\nExchange Act of 1934, including statements regarding planned deployment of a\nlicensed Microtec system, to precisely size, refine, and condition organic\ninputs into consistent, high-performance soil substrates; moving beyond\ntraditional waste-to-value operations and manufacturing engineered growing\nmedia with repeatable quality and defined specifications; belief that by\noptimizing products for regional feedstocks and customer requirements, the\nCompany can shorten supply chains, enhance quality control, and improve unit\neconomics while serving higher-value end markets and monetizing the\nCompany’s portfolio of legacy real estate assets to fund its core\nplatform. . Important factors that could cause actual results to differ\nmaterially include customer demand variability, successful deployment of the\nMicrotec system, fleet and equipment availability, fuel and labor cost\nvariability, feedstock supply continuity, weather and seasonal factors, and\nother factors discussed in the Company's Annual Report on Form 10-K for the\nyear ended December 31, 2025, and its subsequent filings with the SEC. The\nCompany undertakes no obligation to revise or update this press release.\n\nFor Media and IR inquiries please contact:\ninfo@renxent.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f483a332-2404-4b7d-accf-e74700052a8f)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4By1Pc","title":"RenX Enterprises Has Generated More Than $11 Million in Consolidated Revenue Since June 2025 Acquisitions; Biomass Recycling Segment Mulch Revenue Approximately Doubled Quarter-over-Quarter in First Quarter 2026","author":"Globe Newswire","ticker":"RENX","created":"2026-05-21T11:30:00.237Z","tickers":["RENX"],"exchange":"NASDAQ","article_body":"MIAMI, FL, May 21, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ:\nRENX) (\"RenX\" or the \"Company\") today disclosed select first quarter 2026\noperating detail for its Logistics segment (Zimmer Equipment, Inc.) and\nBiomass Recycling segment (Resource Group US Holdings LLC), complementing the\nconsolidated financial results reported in the Company's Quarterly Report on\nForm 10-Q for the period ended March 31, 2026.\n\nRevenue Since June 2025 Acquisitions\n\nRenX has generated more than $11 million in consolidated revenue across the 15\nmonths following the June 2025 acquisition of Resource Group US and Zimmer\nEquipment. As reported in the Company's Annual Report on Form 10-K for the\nyear ended December 31, 2025, fiscal year 2025 consolidated revenue was\napproximately $8.22 million, substantially all of which was generated\nfollowing the June 2025 acquisition. As reported in the Company's Quarterly\nReport on Form 10-Q for the period ended March 31, 2026 and the Company's May\n15, 2026 first quarter 2026 results release, first quarter 2026 consolidated\nrevenue was approximately $3.96 million, reflecting sequential growth of\napproximately 20% versus the fourth quarter of 2025. Combining these two fully\nreported GAAP periods produces cumulative consolidated revenue exceeding $11\nmillion across the first 15 months of the Company's post-acquisition\noperations.\n\nLogistics Segment\n\nThe Logistics segment, consisting of Zimmer Equipment, Inc., achieved positive\noperating income and positive net income in the first quarter of 2026,\ncompared to an operating loss and a net loss in the fourth quarter of 2025.\nLogistics segment revenue grew approximately 19% quarter-over-quarter in the\nfirst quarter, also as previously disclosed. The Company believes the\nsegment's first quarter 2026 shift to positive net income reflects improved\nfleet utilization and route density on a substantially flat driver and\nequipment base.\n\nBiomass Recycling Segment Material Sales Mix\n\nIn the Biomass Recycling segment, consisting of Resource Group US Holdings\nLLC, mulch revenue rose to approximately $400,000 in the first quarter of 2026\nfrom approximately $205,000 in the fourth quarter of 2025, an increase of\napproximately 96% quarter-over-quarter. Within mulch, high-processed wood\nmulch revenue rose to approximately $140,000 from approximately $68,000, an\nincrease of approximately 107% quarter-over-quarter. Compost revenue was\napproximately $89,000 in the first quarter, compared to approximately $108,000\nin the prior quarter, a decrease of approximately 18%, consistent with product\nmix shift toward higher-value engineered outputs.\n\nAbout RenX Enterprises Corp.\n\nRenX Enterprises Corp. is a technology-driven environmental processing and\nsustainable materials company focused on producing value-added compost,\nengineered soils, and specialty growing media for agricultural, commercial,\nand consumer end markets. The Company's platform is designed to be\ndifferentiated by its use of advanced milling and material-processing\ntechnology, including a planned deployment of a licensed Microtec system, to\nprecisely size, refine, and condition organic inputs into consistent,\nhigh-performance soil substrates. This technology-enabled approach allows RenX\nto move beyond traditional waste-to-value operations and manufacture\nengineered growing media with repeatable quality and defined specifications.\n\nRenX's core operations are anchored by a permitted 80+ acre organics\nprocessing facility in Myakka City, Florida. At this facility, the Company\nintegrates organics processing, advanced milling, blending, and in-house\nlogistics to support the localized production of proprietary soil substrates\nand potting media. The Company believes that by optimizing products for\nregional feedstocks and customer requirements, it can shorten supply chains,\nenhance quality control, and improve unit economics while serving higher-value\nend markets. The Company also owns a portfolio of legacy real estate assets,\nwhich it intends to monetize to fund its core technology-driven environmental\nprocessing platform.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933 and Section 21E of the Securities\nExchange Act of 1934, including statements regarding planned deployment of a\nlicensed Microtec system, to precisely size, refine, and condition organic\ninputs into consistent, high-performance soil substrates; moving beyond\ntraditional waste-to-value operations and manufacturing engineered growing\nmedia with repeatable quality and defined specifications; belief that by\noptimizing products for regional feedstocks and customer requirements, the\nCompany can shorten supply chains, enhance quality control, and improve unit\neconomics while serving higher-value end markets and monetizing the\nCompany’s portfolio of legacy real estate assets to fund its core\nplatform. . Important factors that could cause actual results to differ\nmaterially include customer demand variability, successful deployment of the\nMicrotec system, fleet and equipment availability, fuel and labor cost\nvariability, feedstock supply continuity, weather and seasonal factors, and\nother factors discussed in the Company's Annual Report on Form 10-K for the\nyear ended December 31, 2025, and its subsequent filings with the SEC. The\nCompany undertakes no obligation to revise or update this press release.\n\nFor Media and IR inquiries please contact:\ninfo@renxent.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f483a332-2404-4b7d-accf-e74700052a8f)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-21T11:30:00.294314138Z","server_sent_at_ms":1779363000294},"received_at":"2026-05-21T11:30:00.613Z","source_url":"https://www.globenewswire.com/news-release/2026/05/21/3299211/0/en/RenX-Enterprises-Has-Generated-More-Than-11-Million-in-Consolidated-Revenue-Since-June-2025-Acquisitions-Biomass-Recycling-Segment-Mulch-Revenue-Approximately-Doubled-Quarter-over-.html"},"analysis":{"id":"31382","press_release_id":"41937","analysis_json":{"industry":{"label":"Waste Management","sector":"Industrials"},"redFlags":[],"eventType":"operations_update","narrative":"RenX reported Q1 2026 consolidated revenue of $3.96 million, up 20% sequentially from Q4 2025, bringing cumulative post-acquisition revenue to over $11 million.\n\nThe Logistics segment (Zimmer Equipment) returned to positive operating and net income in Q1, driven by improved fleet utilization and route density.\n\nIn the Biomass Recycling segment, mulch revenue nearly doubled quarter-over-quarter to $400,000, while compost revenue declined 18% as the mix shifted toward higher-value engineered outputs.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Small-cap operational update showing sequential growth and segment profitability, but low absolute scale limits broader market interest."},"keyFigures":{"eps":0,"epsBeat":0,"revenue":3960000,"drugName":"","guidance":"","revenueYoy":0,"dealValueUsd":0,"phaseOfTrial":"","offeringPrice":0,"sharesOffered":0,"customDimensions":{"fy2025_revenue":8220000,"compost_revenue_q1":89000,"compost_revenue_q4":108000,"biomass_mulch_growth_qoq":"96%","biomass_mulch_revenue_q1":400000,"biomass_mulch_revenue_q4":205000,"cumulative_revenue_post_acquisition":11000000,"high_processed_wood_mulch_revenue_q1":140000,"high_processed_wood_mulch_revenue_q4":68000,"logistics_segment_q1_revenue_growth_qoq":"19%"}},"quotedText":"The Company believes the segment's first quarter 2026 shift to positive net income reflects improved fleet utilization and route density on a substantially flat driver and equipment base.","namedEntities":{"people":[],"products":["mulch","high-processed wood mulch","compost","engineered soils","specialty growing media"],"companies":[{"name":"RenX Enterprises Corp.","ticker":"RENX","relationship":"filer"},{"name":"Zimmer Equipment, Inc.","relationship":"subsidiary"},{"name":"Resource Group US Holdings LLC","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$11 million","context":"consolidated revenue since June 2025 acquisitions"},{"amount":"$8.22 million","context":"FY2025 consolidated revenue"},{"amount":"$3.96 million","context":"Q1 2026 consolidated revenue"},{"amount":"$400,000","context":"Q1 2026 mulch revenue"},{"amount":"$205,000","context":"Q4 2025 mulch revenue"},{"amount":"$140,000","context":"Q1 2026 high-processed wood mulch revenue"},{"amount":"$68,000","context":"Q4 2025 high-processed wood mulch revenue"},{"amount":"$89,000","context":"Q1 2026 compost revenue"},{"amount":"$108,000","context":"Q4 2025 compost revenue"}]},"materialImpact":{"score":2,"reasoning":"Operational update highlighting sequential revenue growth and a return to profitability in the Logistics segment. While positive, the absolute revenue scale (~$4M Q1) is small, limiting market-moving potential."},"tickerRelevance":{"others":[],"primary":"RENX"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"operational_update","revenueScale":"low","sectorWeight":"neutral"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"RenX reported Q1 2026 consolidated revenue of $3.96 million, up 20% sequentially from Q4 2025, bringing cumulative post-acquisition revenue to over $11 million.\n\nThe Logistics segment (Zimmer Equipment) returned to positive operating and net income in Q1, driven by improved fleet utilization and route density.\n\nIn the Biomass Recycling segment, mulch revenue nearly doubled quarter-over-quarter to $400,000, while compost revenue declined 18% as the mix shifted toward higher-value engineered outputs.","key_figures":{"eps":0,"epsBeat":0,"revenue":3960000,"drugName":"","guidance":"","revenueYoy":0,"dealValueUsd":0,"phaseOfTrial":"","offeringPrice":0,"sharesOffered":0,"customDimensions":{"fy2025_revenue":8220000,"compost_revenue_q1":89000,"compost_revenue_q4":108000,"biomass_mulch_growth_qoq":"96%","biomass_mulch_revenue_q1":400000,"biomass_mulch_revenue_q4":205000,"cumulative_revenue_post_acquisition":11000000,"high_processed_wood_mulch_revenue_q1":140000,"high_processed_wood_mulch_revenue_q4":68000,"logistics_segment_q1_revenue_growth_qoq":"19%"}},"named_entities":{"people":[],"products":["mulch","high-processed wood mulch","compost","engineered soils","specialty growing media"],"companies":[{"name":"RenX Enterprises Corp.","ticker":"RENX","relationship":"filer"},{"name":"Zimmer Equipment, Inc.","relationship":"subsidiary"},{"name":"Resource Group US Holdings LLC","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$11 million","context":"consolidated revenue since June 2025 acquisitions"},{"amount":"$8.22 million","context":"FY2025 consolidated revenue"},{"amount":"$3.96 million","context":"Q1 2026 consolidated revenue"},{"amount":"$400,000","context":"Q1 2026 mulch revenue"},{"amount":"$205,000","context":"Q4 2025 mulch revenue"},{"amount":"$140,000","context":"Q1 2026 high-processed wood mulch revenue"},{"amount":"$68,000","context":"Q4 2025 high-processed wood mulch revenue"},{"amount":"$89,000","context":"Q1 2026 compost revenue"},{"amount":"$108,000","context":"Q4 2025 compost revenue"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-21T11:41:34.762Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"operational_update","revenueScale":"low","sectorWeight":"neutral"}},"durationMs":73811,"modelName":"george-droid-qwen-72b"}}