Ranpak Q4 revenue $109.1M (+18.7% YoY); FY2022 guides 13-18% constant currency growth

Ranpak Holdings Corp.

2021-FY EPS reported -$0.04 revenue$383,900,000

Q4 2021 net revenue $109.1M (+18.7% YoY); constant currency revenue $109.4M (+21.3%).
Q4 net loss $2.5M (improved from $5.2M loss); constant currency AEBITDA $35.7M (+8.2%).
Full year 2021 net revenue up 28.7% (constant currency +26.3%); net loss $2.8M (vs $23.4M loss in 2020).
Installed protective packaging systems up 13.5% YoY to ~133,200 machines as of Dec 31, 2021.
FY2022 guidance: constant currency net revenue $425-$445M (+13-18%); AEBITDA $128-$132M (+9-12%).

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