PACK Q2 2022 Earnings — Ranpak Holdings Corp. Revenue & Financial Results | Market Cap Arena

PACKRanpak Holdings Corp.

$327M

Q2 2022 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$87M-3.6% YoY

Gross Profit

$28M32.6% margin

Operating Income

-$11M-13.1% margin

Net Income

-$11M-13.0% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$20M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$545M

Stockholders' Equity

$619M

Cash & Equivalents

$59M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$90M	-3.6%
Gross Profit	$28M	$36M	-20.7%
Operating Income	-$11M	$1M	-1136.4%
Net Income	-$11M	-$5M	-117.3%

Revenue Segments

Paper

$70M81%

Machine Lease

$13M14%

Product and Service, Other

$4M5%

Geographic Segments

Europe And Asia Segment

$53M60%

North America Segment

$34M40%