PACK Q1 2023 Earnings — Ranpak Holdings Corp. Revenue & Financial Results | Market Cap Arena

PACKRanpak Holdings Corp.

$327M

Q1 2023 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$81M-1.6% YoY

Gross Profit

$28M33.9% margin

Operating Income

-$9M-11.0% margin

Net Income

-$12M-15.3% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$4M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$546M

Stockholders' Equity

$604M

Cash & Equivalents

$59M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$81M	$83M	-1.6%
Gross Profit	$28M	$25M	+11.8%
Operating Income	-$9M	-$14M	+35.5%
Net Income	-$12M	-$14M	+12.1%

Revenue Segments

Paper

$64M79%

Machine Lease

$13M16%

Product and Service, Other

$4M5%

Geographic Segments

Europe And Asia Segment

$50M62%

North America Segment

$31M38%