The latest announcement is out from Range International Limited ( (AU:RAN) ).
Range International Limited reported a 51% increase in revenue for Q1 2025 compared to Q1 2024, despite challenges in feedstock supply due to equipment failures from suppliers. The company maintained a 32% gross margin and improved its operating margin to 6%. The disruptions in polyal supply impacted revenues by approximately US$250k, but the company expects normal production to resume in Q2 2025. The company continues to focus on cost management and production efficiencies to support its growth strategy, although economic uncertainties and early Ramadan holidays affected customer orders.
More about Range International Limited
Range International Limited is a company that specializes in manufacturing ‘zero-waste’ plastic pallets under the brand Re>Pal™. The company focuses on utilizing alternative feedstocks, such as polyal plastics, which are typically burned or end up in landfills, to produce its products. Range International is the sole commercial buyer of polyal in Indonesia, highlighting its commitment to sustainable manufacturing practices.
Technical Sentiment Signal: Buy
Current Market Cap: A$1.88M
Learn more about RAN stock on TipRanks’ Stock Analysis page.