For the quarter ending 2026-03-31, PACK had -$14,500K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Unrealized (gain) loss on strategic investments | - | 0 | 0 | 5,800 |
| Net loss | -10,200 | -9,500 | -10,400 | -18,400 |
| Depreciation and amortization | 16,800 | 17,000 | 17,800 | 31,900 |
| Amortization of deferred financing costs | 300 | 400 | 300 | 600 |
| Loss on disposal of property, plant, and equipment | - | -100 | 0 | -200 |
| Loss on extinguishment of debt | - | 0 | - | - |
| Gain on sale of patents | - | 0 | 0 | 0 |
| Deferred income taxes | -1,500 | -7,700 | 1,800 | -1,800 |
| Amortization of initial value of interest rate swap | - | 0 | 0 | 0 |
| Foreign currency loss (gain) | -1,300 | 300 | -200 | 5,200 |
| Stock-based compensation expense | 1,300 | 1,400 | 2,100 | 4,100 |
| Provision for common stock warrants | 1,700 | 2,300 | 800 | 2,000 |
| Amortization of cloud-based software implementation costs | 1,100 | 1,100 | 1,100 | 1,900 |
| Accounts receivable | -3,600 | 4,900 | 700 | -1,200 |
| Inventories | 3,400 | -5,700 | -1,800 | 15,000 |
| Income tax receivable | 2,200 | -8,100 | 4,100 | 4,000 |
| Prepaid expenses and other current assets | 3,500 | 3,500 | -9,100 | 4,600 |
| Accounts payable | -1,100 | 1,700 | 1,600 | 5,200 |
| Accrued liabilities and other | 1,300 | 500 | -10,000 | 2,600 |
| Change in other assets and liabilities | 1,100 | -7,100 | 2,900 | -200 |
| Net cash provided by (used in) operating activities | 4,400 | 19,500 | 8,500 | -4,900 |
| Proceeds from sale of patents | - | 0 | 0 | 0 |
| Purchases of converter equipment | 7,400 | 5,400 | 6,400 | 15,200 |
| Proceeds from sale of property, plant, and equipment | - | 0 | - | - |
| Purchases of other property, plant, and equipment | 900 | -200 | 1,400 | 2,100 |
| Cash paid for strategic investments | 10,000 | 0 | 0 | 2,500 |
| Net cash used in investing activities | -18,300 | -5,200 | -7,800 | -19,800 |
| Proceeds from debt facilities | - | 0 | - | - |
| Principal payments on term loans | 1,000 | 1,000 | 1,000 | 2,100 |
| Payment of exit costs related to debt facilities | - | 0 | - | - |
| Financing costs of debt facilities | - | 0 | - | - |
| Proceeds from hedging instruments | 100 | 300 | 100 | 300 |
| Proceeds from financing arrangements | 2,700 | 0 | 1,100 | - |
| Payments on financing arrangements | 500 | 500 | 700 | - |
| Payments on finance lease liabilities | 400 | 500 | 300 | 1,500 |
| Tax payments for withholdings on stock-based awards distributed | 700 | 0 | 0 | 1,200 |
| Proceeds from equipment financing | - | - | - | 0 |
| Payments on equipment financing | - | - | - | 400 |
| Net cash provided by (used in) financing activities | 200 | -1,700 | -400 | -4,900 |
| Effect of exchange rate changes on cash and cash equivalents | -800 | 500 | 400 | 2,700 |
| Net decrease in cash and cash equivalents | -14,500 | 13,100 | 700 | -26,900 |
| Cash and cash equivalents, beginning of period | 63,000 | 49,900 | 76,100 | - |
| Cash and cash equivalents, end of period | 48,500 | 63,000 | 49,900 | - |
Ranpak Holdings Corp. (PACK)
Ranpak Holdings Corp. (PACK)