Highest-materiality recent filing
Ranpak Q2 revenue up 14% to $105.2M; AEBITDA up 15.8% to $19.1M; automation revenue surges 134%
Net revenue $105.2M (+14.0% YoY, +12.2% constant currency); net loss $7.9M vs $7.5M loss prior year.
Ranpak annual meeting: all four proposals approved by stockholders
Class I directors elected: Dolan (60.1M for), Gliedman (64.8M), Tranen (62.7M).
Ranpak Q1 revenue up 11% to $101.2M; net loss narrows to $10.2M
Net revenue $101.2M (+11% YoY, +4.5% constant currency) includes $1.7M non-cash warrant reduction.
Ranpak Q4 net revenue up 6.6% to $111.9M but net loss widens to $9.5M; issues 2026 guidance
Q4 net revenue $111.9M (+6.6% YoY); net loss $9.5M vs $8.0M loss in prior year.
Ranpak Q3 revenue up 8% to $99.6M; signs transformative Walmart partnership with warrants
Net revenue $99.6M (+8.0% YoY); net loss $10.4M vs $8.1M prior year.
Ranpak issues warrant to Walmart for up to 22.5M shares at $6.8308, vesting tied to spend
Issued warrant to Walmart to purchase up to 22.5M shares of Ranpak common stock at $6.8308 per share.
Ranpak Q2 revenue rises 6.8% to $92.3M, swings to net loss; extends buyback by $50M
Net revenue $92.3M (+6.8% YoY), net loss $7.5M vs net income $5.5M prior year; includes $1.2M non-cash warrant reduction.
Ranpak appoints Paul Aram as COO; European and APAC managing directors to depart
Paul Aram, 64, appointed COO effective upon joining; base salary €310,000, target bonus 40%, and 5,000 PRSUs and 5,000 RSUs new-hire award.
Ranpak stockholders elect directors and approve all proposals at 2025 annual meeting
Class III directors Omar Asali, Pam El, and Salil Seshadri elected with 62M+, 61.8M+, and 57.6M+ votes for, respectively.
Ranpak Managing Director North America Mark Siebert departs effective May 16, 2025
Siebert's departure is not due to any disagreement with the company.
Ranpak Q1 revenue up 6.9% to $91.2M, net loss widens to $10.9M, Adj. EBITDA down 9.9%
Net revenue $91.2M (+6.9% YoY, +8.8% constant currency); global volumes +12.0%.
Ranpak Q4 revenue up 16% YoY to $105M; net loss narrows to $8M; signs warrant deal with Amazon
Q4 net revenue $105M (+16% YoY, +17% constant currency); net loss $8M vs $9.3M prior year.
Ranpak issues Amazon warrant for up to 18.7M shares at $6.83; 1.87M vested; expires Jan 2033
Total warrant covers 18,716,456 shares of Class A common stock at $6.8308 exercise price.
Ranpak converts 2.9M Class C shares to Class A shares; no cash proceeds
2,921,099 Class C shares converted 1:1 into Class A shares on Dec 30, 2024.
Ranpak closes $460M refinancing with $410M term loan and $50M revolver
New $410M first-lien term loan and $50M revolving credit facility replace existing senior secured credit facilities.
Ranpak completes allocation of $410M term loan facility to refinance existing credit facilities
$410M first lien term facility maturing Dec 2031; $50M revolver maturing Dec 2029.
Ranpak launches refinancing of credit facilities with $410M term loan and $50M revolver
Ranpak announced launch of process to refinance existing senior secured credit facilities in full.
Ranpak CEO reports double-digit Q3 top-line growth; North America sales up 15.3% constant currency
Q3 delivered double-digit top-line growth and Adjusted EBITDA; fifth consecutive quarter of higher volumes.
Net revenue $92.2M vs $82.8M a year ago; constant currency revenue $94.7M (+10.5%).
Ranpak appoints Victoria L. Dolan to Board of Directors as Class I director
Victoria L. Dolan appointed to Board effective October 9, 2024.
Ranpak Q2 net revenue $86.4M (+5.5%), net income $5.5M vs loss, AEBITDA $20.4M (+7.4%)
Net revenue $86.4M up 5.5% YoY; constant currency revenue $89.6M up 5.9%.
Annual meeting results: directors elected, KPMG ratified, say-on-pay passes
Class II directors Thomas Corley, Michael Jones, and Robert King elected with >59.9M votes each.
Ranpak Q1 revenue up 5.0% to $85.3M, net loss narrows to $8.1M
Net revenue $85.3M, up 5.0% YoY; constant currency revenue $88.5M, up 4.4%.
Ranpak reports Q4 net revenue up 13.9% YoY to $90.4M; constant currency AEBITDA up 89.1% to $24.4M
Net revenue $90.4M (+13.9% YoY); constant currency net revenue $93.9M (+10.3%).
Ranpak Q3 2023: revenue $82.8M, adjusted EBITDA $18.0M, net loss narrows to $3.3M
Net revenue $82.8M (+6.4% YoY); net loss narrowed to $3.3M from $8.7M.
Ranpak provides Q2 volume decline details and H2 2023 outlook; July volume up mid-single digits
Q2 paper consumable volume declined 8.7% consolidated (NA -6.3%, EMEA/APAC -10.5%).
Ranpak Q2 revenue down 5.6% to $81.9M; net loss narrows to $2.1M from $11.3M
Net revenue $81.9M, down 5.6% YoY; constant currency net revenue $84.6M, down 7.0%.
Ranpak extends revolver maturity to 2025, tightens springing covenant to 7.50x
Extends revolving credit facility maturity from June 2024 to June 3, 2025.
Ranpak shareholders elect two Class I directors, ratify KPMG as auditor
Michael Gliedman elected with 60,470,493 votes for, 12,534,084 withheld.
Ranpak Q1 net loss narrows to $12.4M; constant currency revenue up 1.1% but AEBITDA down 20.9%
Net revenue $81.2M, down 1.6% YoY; constant currency net revenue $84.8M, up 1.1%.
Ranpak amends credit agreement to replace LIBOR with SOFR as benchmark rate
Amendment No. 2 to First Lien Credit Agreement dated April 4, 2023 replaces LIBOR with SOFR plus spread adjustment.
Q4 net revenue $79.4M, down 27.2% YoY; constant currency net revenue $85.1M, down 22.2%.
Michael A. Jones steps down as Vice Chairman and Managing Director, North America; remains on board
Jones steps down effective Nov 30, 2022; will continue as non-employee director.
Ranpak Holdings reports Q3 2022 results; details not in filing body
Press release issued for Q3 2022 financial results on November 1, 2022.
Ranpak Q2 net loss $11.3M; revises FY2022 guidance down; authorizes $50M buyback
Q2 net revenue $86.8M, down 3.6% YoY; constant currency rev $91.0M (+4.0%).
Ranpak Holdings dismisses Deloitte, appoints KPMG as new auditor effective May 27, 2022
Audit Committee approved KPMG as independent auditor for FY 2022; Deloitte dismissed effective immediately.
Ranpark Holdings annual meeting results: directors elected, auditor ratified, say-on-pay passed
Class III directors Asali, El, Seshadri, Zumwalt elected with broker non-votes of 1,516,647.
Ranpak Q1 net loss $14.1M; revenue down 5.9%; lowers FY2022 EBITDA guidance
Net revenue $82.5M, down 5.9% YoY; constant currency revenue $83.9M, down 1.3%.
Ranpak Q4 revenue $109.1M (+18.7% YoY); FY2022 guides 13-18% constant currency growth
Q4 2021 net revenue $109.1M (+18.7% YoY); constant currency revenue $109.4M (+21.3%).
Ranpak Q3 revenue up 26.4% to $97.1M; net loss narrows to $1.4M
Net revenue $97.1M, up 26.4% YoY; constant currency net revenue $95.6M, up 25.6%.
Ranpak Q2 net revenue up 36% YoY to $90M; net loss narrows to $5.2M
Net revenue $90.0M (+36.2% YoY); constant currency net revenue $87.5M (+29.1%).
On May 8, 2025, Ranpak Holdings Corp. (the “Company”) announced that Mark Siebert will be departing as the Company’s Managing Director, North America, effective on May 16, 2025.
Victoria L. Dolan was appointed to the Company’s Board of Directors (the “Board”) effective immediately.
Effective November 30, 2022, Michael A. Jones is stepping down from his role as Vice Chairman and Managing Director, North America.
Max materiality 0.85 · Median 0.65 · Most common event earnings