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Range International Achieves Record Sales in Q4 2024
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Range International Achieves Record Sales in Q4 2024

Story Highlights
  • Range International reported record quarterly sales revenue of USD 631k in Q4 2024.
  • Improved production and cost management led to positive cash flow and increased margins.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Range International Limited ( (AU:RAN) ) just unveiled an update.

Range International Limited reported a record sales revenue of USD 631k for Q4 2024, marking a 26% increase from the previous quarter and a 56% increase from the 2023 quarterly average. This performance was driven by improved production processes and cost management strategies in Re>Pal Indonesia, which also achieved a positive cash flow and a notable increase in gross and operating margins. Despite economic uncertainties impacting some customer budgets, the company’s strong pipeline and outlook suggest continued growth potential.

More about Range International Limited

Range International Limited is a company that specializes in manufacturing ‘zero-waste’ plastic pallets under the brand name Re>Pal. Its primary market focus is on delivering sustainable solutions through its innovative pallet products, with a significant operational presence in Indonesia.

YTD Price Performance: 0%

Average Trading Volume: 983,898

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.76M

See more insights into RAN stock on TipRanks’ Stock Analysis page.

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