PACK Q2 2024 Earnings — Ranpak Holdings Corp. Revenue & Financial Results | Market Cap Arena

PACKRanpak Holdings Corp.

$327M

Q2 2024 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$86M+5.5% YoY

Gross Profit

$32M36.7% margin

Operating Income

-$5M-6.0% margin

Net Income

$6M6.4% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$554M

Stockholders' Equity

$566M

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$82M	+5.5%
Gross Profit	$32M	$30M	+5.0%
Operating Income	-$5M	$4M	-218.2%
Net Income	$6M	-$2M	+361.9%

Revenue Segments

Paper

$68M93%

Product and Service, Other

$5M7%

Geographic Segments

Europe Asia

$42M57%

North America

$31M43%