Range Impact Reports 3Q 2025 Financial Results
MWN-AI** Summary
Range Impact, Inc. (OTCQB: RNGE), a Cleveland-based public impact investing company focused on reclaiming and repurposing mine sites in Appalachia, announced its financial results for the third quarter ending September 30, 2025. The results highlight a commitment to eliminating debt and enhancing liquidity, paving the way for future profitability as recurring revenue streams begin to materialize. CEO Michael Cavanaugh noted significant progress in reclaiming the Fola Mine Complex and engaging in strategic discussions regarding potential future uses for its 13,000 acres of contiguous land.
The company's financial performance included revenue generation of $778,767, primarily from $569,947 in royalty revenues and $208,820 from legacy abandoned mine land services. A gross profit of $528,184 was reported, adjusting for non-cash asset retirement obligations. Additionally, Range Impact streamlined its financial structure by consolidating two lines of credit into a single promissory note, enhancing its cash flow position. Efforts to reduce operating costs were exemplified by the return of underutilized equipment, resulting in a reduction of $2,082,277 in third-party equipment debt.
To bolster its liquidity, Range Impact raised $550,000 in equity capital from its Chairman, CEO, and largest shareholder. The Company continues to focus on optimizing operations to increase free cash flow, which is essential for its reclamation and repurposing initiatives.
Range Impact, Inc. remains dedicated to addressing social and environmental challenges through innovative impact investing practices while aiming to deliver strong returns for its shareholders. Investors are encouraged to review the full Form 10-Q filed with the SEC for a comprehensive understanding of the Company's performance and future outlook.
MWN-AI** Analysis
**Market Analysis and Advice on Range Impact, Inc.: 3Q 2025 Results**
As of the third quarter of 2025, Range Impact, Inc. (OTCQB: RNGE) has demonstrated a resilient business model focused on impact investing through reclamation of mine sites in Appalachia. The reported revenue of $778,767, with a gross profit of $528,184, signals a positive trajectory, particularly given that these figures come during a time of restructuring and operational improvement.
CEO Michael Cavanaugh’s emphasis on debt elimination, enhanced liquidity, and operational streamlining is commendable. The consolidation of two lines of credit into a more manageable promissory note is likely to alleviate any immediate financial strain and improve cash flow, which is critical in capital-intensive industries like reclamation and environmental repurposing. Additionally, raising $550,000 from key stakeholders shows strong internal confidence and commitment to the company’s strategic vision.
However, the company’s reliance on a $569,947 royalty revenue stream and legacy abandoned mine land services indicates a dependence on external factors that may be volatile. Investors should closely monitor the progress regarding the reclamation of the Fola Mine Complex and any developments concerning the potential long-term use of the expansive 13,000 acres held by the company. These elements will be pivotal in transitioning Range Impact from a revenue-generating model reliant on services to one anchored on sustainable recurring income streams.
In terms of market positioning, RNGE represents a potentially lucrative opportunity but comes with inherent risks typical in environmental remediation efforts. Investors should maintain a cautious outlook, watching for additional indicators of operational success and financial stability in subsequent quarters. Long-term prospects appear promising if the company meets its outlined goals and successfully scales its initiatives in reclaimed land use. Thus, a “hold” position could be advisable for current investors, with a keen eye on future developments.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Cleveland, Ohio, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Range Impact, Inc. (OTCQB: RNGE) (“Range Impact” or the “Company”), a public impact investing company dedicated to acquiring, reclaiming and repurposing mine sites in Appalachia, reports its results for the third quarter ended September 30, 2025.
Range Impact’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 was filed with the Securities and Exchange Commission on November 14, 2025 and is available for viewing at https://rangeimpact.com/investors/ . Since the information provided in this press release is limited to selected financial and operational information, shareholders and interested parties are encouraged to read the Company’s full Form 10-Q available on its website.
Michael Cavanaugh, Range Impact’s CEO, states, “Our third quarter results highlight our dedicated focus on eliminating debt, reducing operating leverage and improving liquidity to drive profitable operations once our recurring revenue streams continue to grow.” Cavanaugh added, “During the quarter, our team continued to make meaningful progress reclaiming our Fola Mine Complex and advancing multiple strategic conversations related to possible long-term future uses for our more than 13,000 acres of contiguous surface land once the land is reclaimed.”
Business and Financial Highlights of the 2025 Third Quarter
- Generated revenue of $778,767, which was comprised of $569,947 in royalty revenues and $208,820 generated by our legacy abandoned mine land services
- Earned gross profit of $528,184 after adding back the non-cash accretion expense associated with the Company’s asset retirement obligations
- Consolidated two lines of credit into one promissory note with a longer duration and more favorable near-term cash flow profile
- Returned underutilized equipment and reduced third-party equipment debt by $2,082,277
- Raised $550,000 of equity capital from the Company’s Chairman, CEO and largest shareholder to provide the Company with additional liquidity to execute its value creation plan
- Continued to streamline the Company’s operations to boost the amount of free cash flow that can be allocated to reclamation and repurposing efforts at the Fola Mine Complex
About Range Impact, Inc.
Headquartered in Cleveland, Ohio, Range Impact is a public company (OTC: RNGE) dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. Range Impact owns and operates several complementary operating businesses focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. Range Impact takes an opportunistic approach to impact investing by leveraging its competitive advantages and looking at solving old problems in new ways. Range Impact seeks to thoughtfully allocate its capital into strategic opportunities that are expected to make a positive impact on the people-planet ecosystem and generate strong investment returns for its shareholders.
Notice Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in Section 27(a) of the Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Although we believe that these statements are based on reasonable assumptions, they are subject to numerous factors that could cause actual outcomes and results to be materially different from those indicated in such statements. Such factors include, among others, the inherent uncertainties associated with new projects, changes in business strategy and new lines of business. These forward-looking statements are made as of the date of this press release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Range Impact, Inc.
Investor Relations
P: +1 (216) 304-6556
E: [email protected]
W: www.rangeimpact.com
FAQ**
What specific measures is Range Impact Inc Com RNGE implementing to enhance liquidity and reduce operating leverage as outlined in their Q3 report for 2025?
Can you elaborate on the strategic conversations related to long-term future uses for the 13,000 acres owned by Range Impact Inc Com RNGE following reclamation of the Fola Mine Complex?
How does Range Impact Inc Com RNGE plan to allocate the recently raised $550,000 in equity capital towards their value creation plan and future reclamation projects?
Given the company's focus on impact investing in economically disadvantaged communities, what metrics does Range Impact Inc Com RNGE use to assess the success of their environmental and social initiatives?
**MWN-AI FAQ is based on asking OpenAI questions about Range Impact Inc Com (OTC: RNGE).
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