secwatch.observer — SEC 8-K summary
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Issuer:     Ranpak Holdings Corp. (PACK)
CIK:        0001712463
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0000950170-23-007978
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranpak Q4 revenue down 27.2% YoY to $79.4M, loss widens; guides 6-12% constant currency growth in 2023
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- Q4 net revenue $79.4M, down 27.2% YoY; constant currency net revenue $85.1M, down 22.2%.
- Q4 net loss $7.3M vs $2.5M loss prior year; constant currency AEBITDA $12.9M, down 63.9%.
- Full year 2022 net revenue $344.1M (constant currency) down 8.8%; net loss $41.4M vs $2.8M loss.
- 2023 guidance: constant currency net revenue growth 6-12% ($365-385M), AEBITDA growth 14-28% ($76-86M).
- Installed packaging systems up 4.4% YoY to ~139,100 machines as of Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712463/000095017023007978/0000950170-23-007978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712463/000095017023007978/pack-20230315.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-007978

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