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Published on 1/11/2021 in the Prospect News Distressed Debt Daily.

RGN-Group reports $6.03 million operating profit for November

By Sarah Lizee

Olympia, Wash., Jan. 11 – RGN-Group Holdings, LLC posted a $6.03 million operating profit for the Nov. 1 through Nov. 30 period on $11.58 million net revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the period was $2.3 million.

The company listed $24.1 million of cash at the end of the month.

Carrollton, Tex.-based RGN provides workplace solutions to independent and mobile professionals, home-based businesses, small and emerging businesses and midsize-to-large corporations. The company filed Chapter 11 bankruptcy on Aug. 17 under case number 20-11961.


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