The company maintains zero revenue across all historical periods while reporting non-operating net income of $857.7K in 2026Q1, which appears driven by accounting adjustments rather than core business performance.
Range Capital Acquisition Corp. (RANG) annual income statement — 2-year revenue, gross profit & net income history
| Metric | TTM | Dec'25 | Dec'24 |
|---|
| Net Interest Income | 4.48M | 4.84M | 96.48K |
| NII Growth % | 1079.12% | 4915.09% | - |
| Net Interest Margin % | 19.25% | 4% | 0.09% |
| Interest Income | 4.48M | 4.84M | 96.48K |
| Interest Expense | 0 | 0 | 0 |
| Loan Loss Provision | 0 | 0 | 0 |
| Non-Interest Income | -4.48M | -4.84M | -96.48K |
| Non-Interest Income % | - | - | - |
| Total Net Revenue | 0 | 0 | 0 |
| Revenue Growth % | - | - | - |
| Non-Interest Expense | 807.64K | 802.57K | 352 |
| Efficiency Ratio | - | - | - |
| Operating Income | -807.64K | -802.57K | -146.62K |
| Operating Margin % | - | - | - |
| Operating Income Growth % | - | -447.38% | - |
| Pretax Income | 3.67M | 4.04M | -95 |
| Pretax Margin % | - | - | - |
| Income Tax | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% |
| Net Income | 3.67M | 4.04M | -95 |
| Net Margin % | - | - | - |
| Net Income Growth % | 89.48% | - | - |
| Net Income (Continuing) | 3.67M | 4.04M | -95 |
| EPS (Diluted) | 318.91 | 0.25 | -0.00 |
| EPS Growth % | 93.3% | - | - |
| EPS (Basic) | - | 0.25 | -0.00 |
| Diluted Shares Outstanding | 11.5K | 11.49M | 14.5M |
Quick answers to the most common questions about buying RANG stock.
For fiscal year 2025, Range Capital Acquisition Corp. (RANG) reported total revenue of $0.0M.
Range Capital Acquisition Corp. (RANG) is profitable, generating $4.0M in net income for the fiscal year ending 2025.
Key Metrics
Top Statement Risk
Liquidation and deal failure
Metrics are mathematically derived from official filings.
Revenue Generation Remains Entirely Absent
As indicated by the company's historical financial statements, RANG has recorded zero revenue across all reported periods, reflecting its status as a pre-merger shell entity that lacks any commercial operations or organic growth drivers to support its current valuation or long-term viability.
The absence of revenue is consistent with the firm's mandate as a blank check vehicle, yet it underscores the binary nature of the investment thesis. Investors should monitor the remaining time in the search window, as the lack of top-line activity necessitates a successful business combination to avoid total capital impairment.
Administrative Expenses Drive Capital Depletion
Based on reported figures, the company's cost structure is defined by recurring SG&A expenses, which reached $154.7K in 2025Q4, highlighting the persistent drain on working capital required to maintain regulatory compliance and professional service obligations while the firm searches for a suitable acquisition target.
These fixed costs represent a significant hurdle for a company with limited cash reserves. The ongoing operational burn suggests that management must prioritize deal execution to prevent the erosion of the remaining capital pool, which would otherwise be consumed by administrative overhead.
Non-Operating Items Distort Net Income
According to recent SEC filings, RANG's reported net income of $857.7K in 2026Q1 appears disconnected from its underlying operational performance, as these figures are likely driven by non-cash adjustments to derivative warrant liabilities rather than any genuine improvement in the company's core business fundamentals.
Analysts should exercise caution when interpreting these positive net income figures, as they do not reflect cash-generating capability. The volatility in these non-operating items warrants further investigation to distinguish between accounting-driven gains and the actual economic health of the shell vehicle.
Structural Risks to Capital Preservation
As reported in financial statements, the company's reliance on a modest cash balance of $313,322 creates a precarious liquidity profile, suggesting that any unforeseen regulatory or legal costs could rapidly exhaust the firm's resources before a definitive merger agreement can be successfully negotiated and closed.
Short-sellers may focus on the potential for a 'liquidation event' if the company fails to secure a target within the mandated timeframe. The current cash position appears insufficient to sustain prolonged search efforts, which may force management into dilutive financing arrangements that would negatively impact existing shareholders.