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RenoWorks Software Inc. (RW) Releases Q1 2026 Earnings: Modest Revenue Gain but Wider Net Loss

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RenoWorks Software Inc. ($RW) reported first-quarter 2026 revenue of $1.32 million, up 2.9% year-over-year, and gross profit of $1.06 million, an increase of 9.8%.

  • Operating loss of -$126.2k, a 183.5% year-over-year change.
  • Net loss attributable to common shareholders of -$35.1k, a 183.9% year-over-year deterioration.
  • Diluted EPS of $0.00, a 100.0% decline versus the year-ago period.
  • Cost of sales of $264.0k, down 17.7% year-over-year.
  • Cash flow and balance-sheet highlights:

  • Cash used in operating activities of -$250.0k, essentially flat year-over-year (+0.03%).
  • Purchases of property, plant and equipment of -$1.3k, down 47.4% year-over-year.
  • Cash and cash equivalents of $793.1k, down 2.8% year-over-year.
  • Total liabilities of $1.66 million, down 7.7% year-over-year.
  • The company achieved an approximate gross margin of about 80%, reflecting stronger gross-profit growth relative to revenue. Despite modest top-line growth and improved gross profit, RenoWorks remains unprofitable at the operating and net levels and is managing a balance sheet with under $800.0k in cash against roughly $1.66 million of liabilities.

    Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

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    RenoWorks Software Inc. Hedge Fund Activity

    We have seen 5 institutional investors add shares of RenoWorks Software Inc. stock to their portfolio, and 3 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

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