Range Impact, Inc. (OTCQB: RNGE) reports its financial results for the third quarter ended September 30, 2025.
The results highlight efforts to eliminate debt, reduce operating leverage, and improve liquidity for future growth.
Revenue of $778,767 was generated, with gross profit reaching $528,184 after operational improvements.
Revenue Breakdown
$778,767 revenue with $569,947 from royalty revenues and $208,820 from legacy abandoned mine land services.
Debt Reduction
Consolidated lines of credit into a more favorable promissory note, reduced debt by $2,082,277, and raised $550,000 in equity capital.
Operational Focus
Focused on reclaiming the Fola Mine Complex, making progress in long-term land uses, and streamlining operations for increased cash flow.
- Range Impact's financials show a strategic shift towards debt reduction, increased operational efficiency, and a focus on sustainable revenue streams.
- The company's efforts to improve liquidity and profitability indicate a positive trajectory for future growth in impact investing.
Range Impact's 3Q results demonstrate sound financial management and progress in operational efficiency, positioning the company for sustainable growth in impact investing.