Ranpak Q4 revenue up 16% YoY to $105M; net loss narrows to $8M; signs warrant deal with Amazon

Ranpak Holdings Corp.

Q4 net revenue $105M (+16% YoY, +17% constant currency); net loss $8M vs $9.3M prior year.
Q4 Adjusted EBITDA $25.3M, up 8% YoY (8% constant currency).
Full year 2024 net revenue $369M, net loss $19M; Adjusted EBITDA $84M (constant currency).
Packaging systems placed ~142.7k machines (+1% YoY).
Announced warrant transaction with Amazon in Jan 2025, aligning incentives with largest customer.

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