Range Impact Q2 FY26 net loss widens to $(1.86 million); revenue rises to $1.11 million
Reuters2026/08/12 20:14Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Range Impact posted Q2 revenue of USD 1.11 million, up 0.32% from the prior-year quarter.
- Net loss widened to USD 1.86 million from USD 1.03 million, on higher non-cash depreciation, amortization and accretion.
- General and administrative expense rose 65.65% to USD 526,743, driven by USD 205,151 of higher consulting, professional and legal fees.
- For the six months, revenue totaled USD 2.03 million; net results swung to a loss of USD 3.7 million from income of USD 4.07 million.
- Cash was USD 646,009 at June 30, 2026; USD 7.5 million of share purchases are scheduled in USD 750,000 monthly installments through April 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Range Impact Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-037346), on August 12, 2026, and is solely responsible for the information contained therein.
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