In addition to revenue growth, Range Impact achieved a significant turnaround in net income, moving from a loss of $9.8 million in 2024 to a gain of $19.2 million in 2025, marking an overall improvement of $29 million year-over-year. The company also reported an increase in total assets from $6.2 million at the end of 2024 to $123.2 million at the end of 2025, and shareholders' equity rose from $0.8 million to $37.8 million during the same period.
Michael Cavanaugh, Range Impact’s Chief Executive Officer, expressed optimism about the company's trajectory, stating, “2025 represented a significant period of progress and strategic development for Range, evidenced by our acquisition of two large coal mine complexes and the divestiture of our non-core reclamation services business for third parties.” Cavanaugh highlighted the establishment of new revenue sources through leases with coal mining partners and strong relationships with commercial partners for the redevelopment of reclaimed coal mine land.
The company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, was filed with the Securities and Exchange Commission on March 30, 2026, and is available for viewing on their investor relations website. Shareholders and interested parties are encouraged to review the full report for detailed financial and operational information.
