In This Article:
Ranpak Holdings (NYSE:PACK) Full Year 2024 Results
Key Financial Results
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Revenue: US$368.9m (up 9.7% from FY 2023).
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Net loss: US$18.7m (loss narrowed by 31% from FY 2023).
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US$0.23 loss per share (improved from US$0.33 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ranpak Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 35%.
In the last 12 months, the only revenue segment was Ranpak contributing US$368.9m. Notably, cost of sales worth US$229.1m amounted to 62% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$108.3m (68% of total expenses). Explore how PACK's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Packaging industry in the US.
Performance of the American Packaging industry.
The company's shares are down 3.8% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Ranpak Holdings that you need to be mindful of.
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