RAN range international limited

The burn rate is very sensitive to the sales volume. RAN had the...

  1. 19,892 Posts.
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    The burn rate is very sensitive to the sales volume. RAN had the fixed costs of an $150 million dollar company, but that is changing rapidly. Based on next quarter's projections the costs have further to come down, but assuming Matt can get the sales up to a reasonable level then RAN should be very profitable by the end of the year.

    The next quarter is going to be critical. If they can get sales up near the million dollar a quarter level then I will be very happy. The sales pipeline is very long on a product like RAN is selling (buying tens of thousands pallets is not an impulse buy) so I suspect they have a very good idea on the expected sales for this quarter.

    Working backwards from the expected spend and assuming further cost reductions and the non-linear scaling of the costs, I think we can read into today's announcement that they are expecting sales to be around the million dollar mark for this coming quarter.
 
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Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $1.878M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
13 4933414 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 2070004 6
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Last trade - 11.08am 02/07/2025 (20 minute delay) ?
RAN (ASX) Chart
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