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Range International Limited (RAN) AI Stock Analysis

3 Followers
AU:RAN

Range International Limited

(ASX:RAN)

Select Model
Rating:38Underperform
Price Target:AUD 0.09â–¼(-6.25% Downside)
Action:reiterated
Date:10/11/26

The overall score is severely depressed by the company's weak financial foundation, marked by continuous cash burn and unprofitability. This is compounded by a bearish technical trend and a negative P/E ratio, leaving no fundamental or market-driven support for the stock at this time.

Positive Factors
Recent Revenue GrowthThe recent acceleration in revenue indicates improved commercial traction and provides a stronger base for future operating leverage. If the company can maintain this growth while controlling costs, higher sales could support better margins and gradually improve earnings quality over the next several quarters.
Negative Factors
Persistent UnprofitabilityPersistent losses show that higher revenue has not yet translated into sustainable business economics. The return to negative gross profit is particularly concerning because it indicates pressure at the product-level economics, leaving limited evidence that growth can become profitable without meaningful cost or pricing improvement.

Range International Limited (RAN) vs. iShares MSCI Australia ETF (EWA)

-80%-60%-40%-20%0%20%40%AU:RAN-52.00%EWA+17.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 1.03M
Dividend Yield
―
Average Volume (3M)
22.46K
Price to Earnings (P/E)
-0.6
Beta (1Y)
2.25
Revenue Growth
15.16%
EPS Growth
10.10%
Country
Australia
Employees
30
Sector
Basic Materials
Sector Strength
61
Industry
Chemicals - Specialty

Range International Limited Business Overview & Revenue Model

Company Description

Range International Limited specializes in creating and distributing plastic pallets, exclusively fabricated from a blend of recycled mixed waste plastic. The organization also produces and offers for sale plastic fencing and retaining wall panels, a...

Range International Limited Financial Statement Overview

Summary

Financial health is weak, driven by persistent net losses, negative cash flows, and a shrinking balance sheet. While debt is low, the consistent cash burn and declining equity base present a high risk to ongoing operations.

Income Statement

15Very Negative

Balance Sheet

25Negative

Cash Flow

10Very Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.45M2.42M1.68M1.62M2.86M2.52M
Gross Profit-563.59K-823.23K476.36K279.91K274.28K-1.82M
EBITDA-1.04M-581.89K-873.25K――-3.27M
Net Income-669.80K-1.13M-1.43M-1.86M-2.87M-4.27M
Balance Sheet
Total Assets2.09M1.97M2.33M3.51M7.83M13.46M
Cash, Cash Equivalents and Short-Term Investments192.71K213.09K335.54K1.21M286.78K1.71M
Total Debt728.16K252.33K07,081119.15K782.58K
Total Liabilities1.48M882.04K1.28M974.50K1.60M4.53M
Stockholders Equity609.28K1.09M1.06M2.53M6.23M8.92M
Cash Flow
Free Cash Flow-1.41M-1.31M-852.73K-461.00K-1.37M-4.08M
Operating Cash Flow-1.11M-1.08M-555.62K-461.00K-1.20M-3.76M
Investing Cash Flow-234.93K-113.81K-297.11K1.49M-188.79K-233.00K
Financing Cash Flow1.39M1.03M-6,859-6,758-38.84K3.72M

Range International Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:RAN against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:GBLAU:GBL41NeutralAUD 9.78M-15.00-145.98%―――
AU:DTZAU:DTZ40UnderperformAUD 8.64M-0.52268.53%―-74.92%-46.21%
AU:RANAU:RAN38UnderperformAUD 2.80M-0.60-166.94%―15.16%10.10%
AU:CG1AU:CG137UnderperformAUD 23.83M-5.04-75.44%―-3.10%39.78%
AU:CXLAU:CXL37UnderperformAUD 51.90M-1.00-119.47%―27.85%-141.00%
AU:FGHAU:FGH37UnderperformAUD 34.30M-3.63-1186.33%――-84.62%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%100%150%AU:RANAU:GBLAU:DTZAU:FGHAU:CXLAU:CG1Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:RAN and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:RANRange International Limited0.10-0.10-52.00%
AU:GBLHydrocarbon Dynamics Limited0.01-0.02-53.33%
AU:DTZDotz Nano Limited0.01-0.04-77.08%
AU:FGHLeaf Resources Limited0.01-0.02-63.64%
AU:CXLCalix Ltd.0.24-0.44-64.71%
AU:CG1Carbonxt Group Ltd.0.06-0.04-42.11%

Range International Limited Corporate Events

Range updates loan facilities and confirms 3,000-pallet purchase order

Nov 10, 2026

Range agreed updated terms with lenders owed the majority of funds under its previous Directors and management loan facility, extending the loan term to 31 January 2028. The Entitlement Offer raised circa A$937K before costs, and the amount due to ma...

Range International receives A$936,794.61 from entitlement offer

Nov 10, 2026

Range International manufactures plastic pallets using ThermoFusion technology to make zero-waste, 100% upcycled products, with production lines operating at its East Java factory in Indonesia. It sells the products under the Re>Pal brand in Indonesi...

Range International Reminds Shareholders Entitlement Offer Closes Friday

Nov 5, 2026

Range reminded eligible shareholders that its 1-for-1 pro rata non-renounceable entitlement offer, priced at $0.09 per new share, closes at 5:00pm AEDT on 6 November 2026 and seeks approximately A$1.69 million before costs. The offer gives qualifying...

Range International Wins Key Indonesian Pallet Order, Eyes Major Volume Expansion

Oct 29, 2026

Range International has secured a key purchase order from a new Indonesian state-owned enterprise client for 500 Re>Palâ„¢ pallets, with immediate manufacture, delivery, and payment, following earlier successful testing by a major local 3PL. The order...

Range International Slashes Cash Burn as Pallet Pipeline Builds in Indonesia

Oct 26, 2026

Range International Limited, an ASX‑listed manufacturer of Re>Pal recycled plastic pallets, serves logistics and warehousing clients with a focus on the Indonesian market and sustainable, zero‑waste solutions. Its business model blends pallet sales,...

Range International Extends Closing Date for Non-Renounceable Entitlement Offer

Oct 26, 2026

Range International Limited, traded on the ASX under ticker RAN, is a listed company that raises capital through pro rata offers of new securities to its existing shareholders. Its funding structure is closely tied to market conditions and compliance...

Range International seeks capital to expand rental pallet fleet

Oct 12, 2026

Range International Limited, listed on the ASX as RAN, operates in the pallet and logistics solutions sector through its Re>Pal business. The company focuses on producing and renting plastic pallets, with a growing rental fleet that is positioned to...

Range International launches $1.69m entitlement offer limited to core markets

Oct 8, 2026

Range International Limited, a producer of upcycled plastic pallets under the Re>Pal brand, operates ThermoFusion-based manufacturing lines in East Java, Indonesia, to serve logistics and industrial customers across the Asia-Pacific region. Its focus...

Range International Launches 1-for-1 Entitlement Offer to Raise A$1.69 Million

Oct 8, 2026

Range International Limited, an ASX-listed producer of upcycled plastic pallets, leverages its ThermoFusion process to manufacture zero-waste pallets at its East Java facility in Indonesia. The company distributes these pallets under the Re>Pal brand...

Range International Launches Pro Rata Share Offer on ASX

Oct 1, 2026

Range International Limited has announced a non-renounceable standard pro rata offer to existing shareholders on the ASX. The company plans to issue up to 18,737,430 ordinary fully paid shares under this proposal, expanding its equity base through an...

Range International launches $1.69m entitlement offer with control safeguards

Oct 1, 2026

Range International Limited has launched a 1‑for‑1 pro rata non‑renounceable entitlement offer of fully paid ordinary shares at $0.09 per share, aiming to raise about $1.69 million from eligible shareholders. New shares will be offered to shareholder...

Range International Taps Investors to Fund Expansion of Rental Pallet Business

Oct 1, 2026

Range International is launching a pro rata non-renounceable entitlement offer to raise up to $1.69 million at $0.09 per share, a deep discount to recent VWAPs, to strengthen its balance sheet and support expansion of its rental pallet fleet. The fun...

Range International Seeks Material Capital Raising, Trading Halt Requested on ASX

Sep 28, 2026

Range International Limited has requested and received a trading halt on its securities from the Australian Securities Exchange, pending the release of an announcement on a proposed material capital raising. The halt will remain in place until either...

Range International Reshapes Leadership to Drive Indonesian Growth and Cut Costs

Sep 14, 2026

Range International Limited, a plastic pallet manufacturer using upcycled materials under the Re>Pal brand, operates production lines in East Java, Indonesia and supplies sustainable pallets across the Asia-Pacific region. The company’s focus on pall...

Range International lifts revenue but half-year loss nearly doubles

Aug 31, 2026

Range International Limited reported half-year revenues to 30 June 2026 of US$1.04 million, up 11.4% from the prior corresponding period. Despite the revenue increase, the company’s net loss widened sharply to US$683,000, an 87% deterioration year on...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 11, 2026