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Sep 30, 2022
Ranpak Q3 2022 Earnings Report
Ranpak's financial performance was impacted by the energy crisis in Europe, inflationary pressures, and shifting consumer patterns.
Key Takeaways
Ranpak reported a decrease in net revenue by 19.9% year-over-year to $77.8 million, with a net loss of $8.7 million compared to a net loss of $1.4 million in the same quarter of the previous year. Constant currency Adjusted EBITDA was $16.6 million, down 41.8% year-over-year. Packaging system placements increased by 7.3% year-over-year, reaching approximately 138,600 machines.
Packaging system placements increased 7.3% year-over-year to approximately 138,600 machines as of September 30, 2022.
Net revenue decreased 19.9% year-over-year to $77.8 million.
Net loss was $8.7 million, compared to a net loss of $1.4 million in the same quarter last year.
Constant currency Adjusted EBITDA was $16.6 million, a decrease of 41.8% year-over-year.
Revenue by Segment
Forward Guidance
Ranpak did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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