Range Impact Q2 FY26 net loss widens to $(1.86 million); revenue rises to $1.11 million - RNGE News | RalliesRange Impact Q2 FY26 net loss widens to $(1.86 million); revenue rises to $1.11 million
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RNGE• Quarterly revenue and loss widen
- 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.
Six-month results turn to a loss
- 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.
Costs rise on consulting and legal fees
- General and administrative expense rose 65.65% to USD 526,743, driven by USD 205,151 of higher consulting, professional and legal fees.
Cash balance and scheduled share purchases
- 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.
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