PACK Q3 2023 Earnings — Ranpak Holdings Corp. Revenue & Financial Results | Market Cap Arena

PACKRanpak Holdings Corp.

$327M

Q3 2023 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$83M+6.4% YoY

Gross Profit

$32M38.0% margin

Operating Income

$2M1.9% margin

Net Income

-$3M-4.0% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$542M

Stockholders' Equity

$578M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$78M	+6.4%
Gross Profit	$32M	$24M	+29.1%
Operating Income	$2M	-$12M	+113.7%
Net Income	-$3M	-$9M	+62.1%

Revenue Segments

Paper

$65M78%

Machine Lease

$13M16%

Product and Service, Other

$5M6%

Geographic Segments

Europe And Asia Segment

$48M58%

North America Segment

$35M42%