PACK Q1 2024 Earnings — Ranpak Holdings Corp. Revenue & Financial Results | Market Cap Arena

PACKRanpak Holdings Corp.

$327M

Q1 2024 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$85M+5.0% YoY

Gross Profit

$32M37.9% margin

Operating Income

-$5M-5.6% margin

Net Income

-$8M-9.5% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$547M

Stockholders' Equity

$560M

Cash & Equivalents

$55M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$81M	+5.0%
Gross Profit	$32M	$28M	+17.5%
Operating Income	-$5M	-$9M	+46.1%
Net Income	-$8M	-$12M	+34.7%

Revenue Segments

Paper

$66M78%

Machine Lease

$13M15%

Product and Service, Other

$6M7%

Geographic Segments

Europe And Asia Segment

$53M63%

North America Segment

$32M37%