Ranpak Holdings Corp. (PACK)

Ranpak Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	374.8	368.9	336.3	326.5	369.1	290.3
Other Revenue	-	-	-	-	14.8	7.9
Revenue	374.8	368.9	336.3	326.5	383.9	298.2
Revenue Growth (YoY)	10.11%	9.69%	3.00%	-14.95%	28.74%	10.65%
Cost of Revenue	236.4	229.1	213	226.9	235	175.6
Gross Profit	138.4	139.8	123.3	99.6	148.9	122.6
Selling, General & Admin	103	102	99	84.4	98.3	72.5
Other Operating Expenses	5	4.4	3.8	3.4	1.6	2
Operating Expenses	143.7	141.5	136.6	119.9	134.9	106
Operating Income	-5.3	-1.7	-13.3	-20.3	14	16.6
Interest Expense	-31.1	-28.6	-24.3	-20.7	-22.4	-30.2
Currency Exchange Gain (Loss)	2.8	1.6	0.3	2.2	5.3	-6.1
Other Non Operating Income (Expenses)	-0.2	-0.2	0.2	0.4	-	-2.2
EBT Excluding Unusual Items	-33.8	-28.9	-37.1	-38.4	-3.1	-21.9
Gain (Loss) on Sale of Investments	-0.4	-0.4	-	3.9	-	-
Gain (Loss) on Sale of Assets	4.6	4.2	-1.4	-1.1	-1.8	-2.7
Asset Writedown	-3.6	-3.6	-3	-2.8	-	-
Legal Settlements	16.1	16.1	-	-	-	-
Other Unusual Items	-11.1	-11.1	10.2	-18.3	-	-
Pretax Income	-28.2	-23.7	-31.3	-56.7	-4.9	-24.6
Income Tax Expense	-3.9	-2.2	-4.2	-15.3	-2.1	-1.2
Net Income	-24.3	-21.5	-27.1	-41.4	-2.8	-23.4
Net Income to Common	-24.3	-21.5	-27.1	-41.4	-2.8	-23.4
Shares Outstanding (Basic)	83	83	82	82	79	72
Shares Outstanding (Diluted)	83	83	82	82	79	72
Shares Change (YoY)	0.97%	0.83%	0.61%	4.25%	8.43%	30.77%
EPS (Basic)	-0.29	-0.26	-0.33	-0.51	-0.04	-0.32
EPS (Diluted)	-0.29	-0.26	-0.33	-0.51	-0.04	-0.32
Free Cash Flow	4.1	8.3	-2.7	-43.7	-0.2	30.2
Free Cash Flow Per Share	0.05	0.10	-0.03	-0.53	-0.00	0.42
Gross Margin	36.93%	37.90%	36.66%	30.50%	38.79%	41.11%
Operating Margin	-1.41%	-0.46%	-3.96%	-6.22%	3.65%	5.57%
Profit Margin	-6.48%	-5.83%	-8.06%	-12.68%	-0.73%	-7.85%
Free Cash Flow Margin	1.09%	2.25%	-0.80%	-13.38%	-0.05%	10.13%
EBITDA	56.3	63.6	56.3	48.7	87.6	79.3
EBITDA Margin	15.02%	17.24%	16.74%	14.92%	22.82%	26.59%
D&A For EBITDA	61.6	65.3	69.6	69	73.6	62.7
EBIT	-5.3	-1.7	-13.3	-20.3	14	16.6
EBIT Margin	-1.41%	-0.46%	-3.96%	-6.22%	3.65%	5.57%
Revenue as Reported	374.8	368.9	336.3	326.5	383.9	298.2
Advertising Expenses	-	1	1.1	1.1	0.9	0.7

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q