Financial insights of RNGE

MyFinsight

For the year ending 2025-12-31, RNGE made $3,710,714 in revenue. $19,167,678 in net income. Net profit margin of 516.55%.

Income Statement	2025-12-31	2024-12-31
Revenues	3,710,714	9,011,081
Costs of services	183,191	-
Depreciation of property and equipment	78,383	-
Cost of services	-	9,895,209
Amortization of long-term intangible assets	1,098,737	-
Gross profit/(loss)	-	-884,128
Accretion of asset retirement obligations	1,912,968	-
General and administrative	2,177,299	2,655,970
Total operating expenses	5,450,578	2,655,970
(loss) from continuing operations before other income (expense)	-1,739,864	-3,540,098
Gain on bargain purchase	21,928,500	-
Gain on disposal of asset retirement obligations	2,444	-
Goodwill impairment	-	751,421
Gain on sale of fixed assets	1,085	-
Loss on sale of fixed assets	-	-3,677,500
Other income	83,627	63,170
Fixed asset impairment	831,027	738,913
Interest expense	252,279	617,422
Interest income	353	7,405
Total other income (expense)	20,932,703	-5,714,681
Income (loss) from continuing operations before income tax	19,192,839	-9,254,779
Income tax expense attributable to continuing operations	-	77,368
Income (loss) from continuing operations	19,192,839	-9,332,147
Loss from discontinued operations	-25,161	-465,936
Net income (loss)	19,167,678	-9,798,083

Basic EPS	0.18	-0.09
Diluted EPS	0.18	-0.09
Basic Average Shares	109,350,933	104,727,189
Diluted Average Shares	109,350,933	104,727,189