secwatch.observer — SEC 8-K summary
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Issuer:     Ranpak Holdings Corp. (PACK)
CIK:        0001712463
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001628280-25-022398
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranpak Q1 revenue up 6.9% to $91.2M, net loss widens to $10.9M, Adj. EBITDA down 9.9%
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- Net revenue $91.2M (+6.9% YoY, +8.8% constant currency); global volumes +12.0%.
- Net loss $10.9M vs $8.1M loss in Q1 2024; Adj. EBITDA $17.3M (-9.9% YoY, -7.8% constant currency).
- Amazon warrants non-cash impact: $0.8M revenue reduction, 420 bps Adj. EBITDA headwind.
- Packaging system placements up 2.1% to ~143.8K machines; cushioning revenue fell 19.3%.
- Cash $65.5M, no revolver borrowings; management cites tariff risks and cost actions in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712463/000162828025022398/0001628280-25-022398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712463/000162828025022398/pack-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-022398

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