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RenX Enterprises (RENX) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 31, 2025

RenX Enterprises (RENX) reported revenue of $34K for the fourth quarter 2024 (Q4 2024) and -58% from the quarter before.

Revenue$34K
Year over year—
Quarter over quarter-58%
Operating margin—
Net earnings−$1.5M

RenX Enterprises, Q4 2024: revenue $34K, net loss $1.5M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$34K-58%—
Operating profit−$1.8M——
Net earnings−$1.5M——
Operating cash flow−$1.1M——

What changed

Revenue was $34K in Q4 2024, down 58% from the previous quarter.

Operating costs exceeded revenue by $1.8M, an operating margin of -5131.8%. The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $2.3M loss.

Operating cash flow was −$1.1M. Non-cash charges added back $1K of depreciation and amortization and $179K of share-based compensation. Working capital and other items added $294K. Capital expenditures of $543K exceeded it, leaving free cash flow of −$1.6M.

Questions

What was RenX Enterprises' revenue in the fourth quarter 2024?

RenX Enterprises (RENX) reported revenue of $34K for the fourth quarter 2024 (Q4 2024) and -58% from the quarter before.

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Source: RenX Enterprises 10-K on SEC EDGAR.