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Published on 8/25/2021 in the Prospect News Distressed Debt Daily.

Renovate America posts $718,436 loss from operations for July

By Sarah Lizee

Olympia, Wash., Aug. 25 – Renovate America, Inc. reported a $718,436 loss from operations on $28,678 of total operating revenues for the July period, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the period was also $718,436.

The company listed $2.42 million of unrestricted cash and equivalents as of July 31.

Renovate America is a San Diego-based provider of financing solutions for environmentally friendly home improvement projects. The company filed bankruptcy on Dec. 21, 2020 under Chapter 11 case number 20-13172.


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