8-K - Safe and Green Development Corporation | StockGist

AI Analysis

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RenX Enterprises Corp. reported fiscal year 2025 revenue of $8.2 million, beating guidance by 17%, while retiring $11.9 million in legacy debt and incurring a $15.9 million net loss during its transformation year.

Key Takeaways

1Post-acquisition revenue of $8.2 million exceeded prior management guidance of $7.0 million by approximately 17%.

2The Company retired $11.9 million in legacy debt, including full retirement of outstanding Debentures and restructuring of the Lago Vista Note.

3Net loss of $15.9 million included approximately $4.8 million in identified non-recurring charges that management does not expect to recur.

4Blended consolidated gross margin was 29.1% for the year ended December 31, 2025.

5The Microtec UTM 1200 Turbo Mill is expected to arrive in April 2026, with commercial production targeted for the second half of the year.

6Management expects meaningful improvement in both revenue and Adjusted EBITDA in 2026.

Current Report Details

Event Type

Financial Results

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

2.02

and in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K shall not be incorporated by reference into any filing with the U.S. Securi

Financial Results

9.01

. Financial Statements and Exhibits**. (d) Exhibits. | Exhibit No. | | Description | |---|---|---| | 99.1 | | Press Release dated April 1, 2026 | | 104 | | Cove

Exhibits Only

Source Document

Results of Operations

Fiscal Year 2025

Metric	Value	Basis	Prior Period
Revenue	$8.20		$7.00
Gross Margin	29.1%
Net Loss	$15.96	GAAP
Adjusted EBITDA	$-5.52	Non-GAAP

Forward Guidance

Full Year 2026

Revenue

Meaningful improvement expected

Adjusted EBITDA

Meaningful improvement expected

Non-GAAP

Exhibits (2)

8-K

CURRENT REPORT

99.1

PRESS RELEASE DATED APRIL 1, 2026