A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 203% in the latest quarter vs a year ago
Watch out for
Losing money, losses are large next to sales
Bills due within a year exceed short-term assets
3 offering filings in 6 months (may sell new shares)
Money moves
No insider buying or selling in the last 30 days
Institutions added 49% to their holdings in the quarter ending June 2026 (9 bought, 4 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.02-15.7% that day
Company value
$3M
Share price times all shares
Price vs sales
0.18x
No profit over the last year, so this compares value with sales instead
Debt vs value
769%
Owes more than the whole company is worth
From RENX's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$4.3M+203% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $15.0M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of RENX. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$19M
Profit in 5 years$2M
Price these guesses point to$10.86+965% vs $1.02 todayAbout +60% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 35% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/2Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-194.1%
MissGross margin 40%+Pricing power: sells for well above what it costs to make.29.1%
Revenue
$8.2M
Total debt
$20.8M
Current ratio
0.12x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity, profitable every year, free cash flow positive, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$4.3M
+203.4% YoY
EPS
-$3.08
vs -$91.80
Op. margin
-70.4%
+281.4 pts
Gross margin
31.9%
-7.0 pts
Share count
+4071.0%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.4
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+48.8%
Institutions added 48.8% to their holdings. 9 bought, 4 sold. 2 quarters of net buying in a row.
Shares held by institutions101K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+52.2%
Cash runwayAt last year's cash burn
4 months
Debt to equityLatest balance sheet: debt compared with what owners have
3.3x · $23.1M debt
Shares outstandingLatest reported
3M
Why high risk
Losing money, losses are large next to sales
About 4 months of cash left at its current burn
Share count growing 52.2% a year (dilution)
High debt: 3.29x equity
Bills due within a year exceed short-term assets
10 offering filings in 6 months (may sell new shares)
Late annual report notice
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 8
Next reportAround Nov 13 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 15
Results filedApr 1
Results filedNov 14, 2025
Results filedAug 18, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days