RenX Enterprises Corp. Projects $7 Million in Revenue for 2025, Marks Transformational Year
MIAMI, FL, Jan. 09, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: SGD) has announced its financial outlook, predicting a significant revenue increase to approximately $7 million in 2025. This marks a year of profound transformation for the company, as it shifts its focus from real estate development to providing innovative environmental solutions.
Transformational Shift in Operations
In the past year, RenX has undertaken a strategic transition from a real estate-centric business model to one centered on revenue-generating operations. This pivotal change was facilitated by the acquisition of Resource Group, which has become the cornerstone of the company’s operations, particularly in waste-to-value and materials processing.
Before this acquisition, RenX’s revenue for 2024 was less than $500,000. With Resource Group integrated into its business, RenX forecasts generating approximately $7 million in gross revenues (unaudited) for 2025. This figure remains preliminary and subject to final auditing processes.
Debt Reduction and Improved Financial Flexibility
Throughout the year, RenX focused on enhancing its financial stability by executing a series of capital market initiatives aimed at reducing debt and risk. Highlights include:
- Eliminating all convertible debt from the balance sheet.
- Successfully completing a $9 million private placement, the largest capital raise in the company’s history.
These strategic moves have strengthened RenX's capital structure and enhanced its operational growth capacity.
Investments in Equipment and Infrastructure
To support its expanding operations, RenX has made significant investments in essential processing and materials-handling equipment. Recent acquisitions include:
- Komptech shredder
- Diamond Z grinder
- Trommel screener
- CAT excavator
Additionally, a Microtec mill is anticipated to arrive in March 2026, further bolstering the company’s capacity to enhance processing efficiency and scale higher-margin product lines.
Future Expansion Plans
RenX plans to diversify its product offerings by expanding into bagged materials and engineered soils by the second quarter of 2026, a move expected to enhance cash flow positively. Management sees this initiative as a crucial step in the company’s growth trajectory.
Asset Monetization Initiatives
The company continues to pursue asset monetization strategies across its legacy real estate portfolio. Notable advancements include:
- Restructuring of the Lago Vista debt and conditional transfer of the property valued at $5 million.
- Achieving maximum zoning at the Norman Berry joint venture property, with plans to list it for sale in early 2026.
Furthermore, RenX has made careful decisions regarding its investments, such as writing off its investment in Cumberland Inlet and exploring monetization efforts related to its Oklahoma property throughout 2026.
Company Overview
RenX Enterprises Corp., initially established as Safe and Green Development Corporation in 2021, focuses primarily on real estate development and environmental solutions. The company's main operations include managing an 80+ acre organics processing facility in Myakka City, Florida, where it processes green waste and creates sustainable potting media and soil substrates.
Conclusion and Outlook
Looking ahead, RenX is poised for continued growth and operational scaling. The management team emphasizes disciplined execution and long-term value creation for stockholders as fundamental principles guiding the company's future strategies.