secwatch.observer — SEC 8-K summary
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Issuer:     Ranpak Holdings Corp. (PACK)
CIK:        0001712463
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0000950170-21-000587
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranpak Q2 net revenue up 36% YoY to $90M; net loss narrows to $5.2M
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- Net revenue $90.0M (+36.2% YoY); constant currency net revenue $87.5M (+29.1%).
- Net loss $5.2M vs $8.5M loss in Q2 2020; year-to-date net income $1.1M.
- Adjusted EBITDA $25.6M (constant currency, +34.7%) representing 29.3% margin.
- Packaging system placements up 12.9% to ~123,600 machines.
- Cash $125.3M, no revolver borrowings; leverage 2.4x; completed $103.4M offering in May.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712463/000095017021000587/0000950170-21-000587-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712463/000095017021000587/pack-20210729.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-000587

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer