Range Impact, Inc. (OTCQB: RNGE) reported its financial results for the second quarter ended June 30, 2025.
The company highlighted its strategic focus on acquiring, reclaiming, and repurposing mine sites in Appalachia.
Key achievements included selling non-core mining permits, acquiring additional permits, and finalizing new royalty agreements.
Revenue Growth
Generated Gross Profit of $508,322 in 2Q 2025, an increase of $504,471 from 1Q 2025.
Debt Reduction
Repaying debt of $355,653 and total debt paydowns of $722,143 for the year-to-date period.
Strategic Partnerships
Formed agreements with experienced mining operators and development partners for revenue-generating projects.
- Range Impact demonstrated strong revenue growth in 2Q 2025, driven by successful asset sales and new royalty agreements.
- The company's debt reduction strategy and focus on free cash flow allocation improve its financial stability and operational efficiency.
Range Impact's performance in the second quarter showcases its commitment to sustainable impact investing in Appalachia.