Range International Cuts Cash Burn 80% as Pallet Pipeline Builds
Range International says quarterly cash burn fell 80% against its one-year quarterly average, while pallet deliveries were slightly higher than the previous quarter and rental-contract pallets rose nearly 20%. It reports a confirmed order for 17,000 pallets and several further opportunities, including a potential large order, but says pipeline orders are not confirmed; management expects fourth-quarter sales revenue to challenge, but not exceed, its FY25 record. The company has extended the closing date of its entitlement offer again, giving eligible shareholders more time to participate.
Closing price · 2026-10-27: $0.090 · +0.00%