Ranpak Holdings Corp
5.58+0.03 (+0.54%)
Oct 29, 4:00:02 PM EDT · NYSE · PACK · USD
Key Stats
Market Cap
470.76MP/E (TTM)
-Basic EPS (TTM)
-0.45Dividend Yield
0%Recent Filings
8-K
Ranpak issues Walmart vesting warrant
Ranpak Holdings Corp. issued Walmart a warrant on August 22, 2025, to buy up to 22.5 million shares at $6.8308 each, vesting 2.25 million immediately and the rest tied to Walmart's spending under commercial deals, fully vesting at $300 million aggregate spend minus paper costs. Over $100 million of that spend targets Ranpak's Automation Solutions, boosting revenue from Protective Packaging too. Walmart holds no voting rights until exercise. This locks in Walmart as a key customer, yet dilutes shareholders if fully exercised.
10-Q
Q2 FY2025 results
Ranpak's Q2 revenue climbed 6.8% year-over-year to $92.3M, fueled by 5.2% higher paper consumable volumes, though wrapping dipped 13.1%; gross profit slipped to $28.9M as production costs rose 8.4%, squeezing margins to 31.3%. Operating loss widened to $9.7M from $5.2M, driven by higher interest at $8.3M and no repeat of last year's $16.1M litigation gain, yet a $5.8M boost from Pickle investment softened the net loss to $7.5M or $(0.09) per diluted share—EPS aligns with 84.3M shares. Cash dipped to $49.2M after $4.9M operating outflow, with free cash flow at $(24.7M) derived from operating cash minus $19.8M capex; total debt holds steady at $403.1M under the 8.8% Term Facility maturing 2031, revolver fully available at $46.5M net. The Amazon warrant deal, vesting on $400M spend, adds strategic ties but ties revenue recognition to volumes. Competition in e-commerce packaging remains fierce.
8-K
Ranpak Q2 revenue rises, EBITDA dips
Ranpak Holdings reported Q2 2025 net revenue of $92.3 million, up 6.8% year over year despite a $1.2 million non-cash warrant reduction, but swung to a $7.5 million net loss from prior income, with Adjusted EBITDA falling 15.8% to $16.5 million amid European and APAC softness and higher North American costs. Packaging system placements grew 2.7% to 145,000 machines, signaling steady volume gains in a tough market. Automation backlog supports $40-45 million full-year revenue. The board extended its $50 million share repurchase program for 36 months.
8-K
Ranpak appoints COO amid regional exits
Ranpak Holdings appointed Paul Aram as Chief Operating Officer effective upon his joining, bringing global operations expertise from IDEX and Ingersoll Rand, with €310,000 base salary and 40% target bonus plus 10,000 equity units. Yet Europe and APAC Managing Directors Eric Laurensse and Antonio Grassotti depart in August 2025 due to reorganization, securing severance packages including €365,665 and S$739,173 plus continued 2026 RSU vesting. Leadership shakeup signals operational overhaul. Transitions risk short-term disruptions.
8-K
Ranpak annual meeting outcomes
Ranpak Holdings Corp. held its annual stockholder meeting on May 22, 2025, electing Omar Asali, Pam El, and Salil Seshadri as Class III directors despite significant withheld votes. Stockholders ratified KPMG LLP as the 2025 independent auditor, approved executive compensation on an advisory basis, and greenlit Class A common stock issuance upon warrant exercise by Amazon.com NV Investment Holdings LLC to meet NYSE rules. All proposals passed handily. This clears key governance hurdles.
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