Karat Packaging Inc.

KRT

KRTKarat Packaging Inc. US flag

NASDAQ Global Select

34.79

USD

+0.54

- -

694.54MMarket Cap

Income Statement (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	140	175	225	296	364	423	406	423	468
+ Sales & Services Revenue	140	175	225	296	364	423	406	423	468
- Cost of Revenue	99	132	164	206	256	291	253	258	296
+ Cost of Goods & Services	99	132	164	206	256	291	253	258	296
Gross Profit	41	43	61	89	108	132	153	164	172
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	35	41	55	61	85	102	108	124	131
+ Selling, General & Admin	35	41	55	61	85	102	104	120	127
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	4	4	5
Operating Income (Loss)	6	2	6	28	23	30	45	41	41
- Non-Operating (Income) Loss	1	1	3	6	-4	-3	2	- -	-2
+ Interest Expense, Net	1	1	5	5	1	- -	- -	- -	- -
+ Interest Expense	1	1	5	5	3	2	2	2	2
- Interest Income	- -	- -	- -	- -	2	2	2	2	2
+ Other Non-Op (Income) Loss	- -	-1	-2	- -	-6	-2	1	- -	-2
Pretax Income	5	2	3	22	28	33	43	41	43
- Income Tax Expense (Benefit)	- -	2	1	5	5	7	10	10	10
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	5	- -	2	17	22	26	33	31	33
- Net Extraordinary Losses (Gains)	- -	- -	1	-2	3	4	1	2	2
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	1	-2	3	4	1	2	2
Income (Loss) Incl. MI	5	- -	1	18	19	21	32	29	30
- Minority Interest	- -	- -	- -	1	-2	-2	-1	-1	-1
Net Income, GAAP	5	- -	2	18	21	24	32	30	31
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	5	- -	2	18	21	24	32	30	31
EBIT	6	2	6	28	23	30	45	41	41
EBITDA	9	6	12	36	33	44	60	59	41
EBITDA Margin (%)	6.52	3.47	5.24	12.27	9.11	10.45	14.88	13.92	8.75
EBITA	6	2	6	28	23	30	45	55	36
Gross Margin (%)	29.49	24.77	27.13	30.16	29.6	31.23	37.73	38.88	36.8
Operating Margin (%)	4.29	1.22	2.59	9.37	6.35	7.09	10.99	9.59	8.75
Profit Margin (%)	3.25	0.01	0.77	5.93	5.7	5.59	8	7.09	6.73
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.05	0.07	- -	0.03	- -	0.35	1.05	1.55	- -
Depreciation Expense	3	4	6	9	10	14	16	4	5
Basic Weighted Avg Shares	15	19	19	19	18	20	20	20	20
Basic EPS, GAAP	0.31	- -	0.09	0.92	1.13	1.19	1.63	1.5	1.57
Basic EPS from Cont Ops	0.31	-0.01	0.11	0.87	1.22	1.3	1.67	1.54	1.63
Diluted Weighted Avg Shares	15	19	19	19	19	20	20	20	20
Diluted EPS, GAAP	0.31	- -	0.09	0.92	1.12	1.19	1.63	1.49	1.56
Diluted EPS from Cont Ops	0.31	-0.01	0.11	0.87	1.21	1.3	1.66	1.53	1.62

Balance Sheet (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	42	48	61	80	103	124	155	161	161
+ Cash, Cash Equivalents & STI	1	1	1	- -	6	16	49	60	38
+ Cash & Cash Equivalents	1	1	1	- -	6	16	23	32	38
+ ST Investments	- -	- -	- -	- -	- -	- -	26	28	- -
+ Accounts & Notes Receiv	12	15	22	24	33	30	28	27	- -
+ Accounts Receivable, Net	11	15	21	24	33	30	28	27	36
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	1	- -	- -	- -	- -	- -	-36
+ Inventories	29	30	35	49	58	71	72	71	82
+ Raw Materials	6	2	4	4	13	18	9	7	4
+ Work In Process	- -	- -	- -	- -	2	2	1	2	1
+ Finished Goods	22	28	32	45	45	52	61	63	77
+ Inventory Adjustments	- -	- -	- -	-1	-1	-1	- -	-1	-1
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	2	3	7	5	7	6	4	42
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	22	48	72	101	105	128	121	134	126
+ Property, Plant & Equip, Net	20	38	59	96	93	111	116	129	- -
+ Property, Plant & Equip	33	54	81	126	134	162	166	187	- -
- Accumulated Depreciation	13	16	22	30	40	51	50	59	- -
+ LT Investments & Receivables	1	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	1	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	1	10	13	6	11	17	6	5	126
+ Total Intangible Assets	- -	- -	- -	3	4	4	4	4	- -
+ Goodwill	- -	- -	- -	3	4	4	4	4	4
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	-4
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1	10	13	3	7	13	2	1	126
Total Assets	64	96	133	181	208	252	276	295	288
+ Payables & Accruals	20	20	27	30	28	32	34	34	- -
+ Accounts Payable	12	15	19	20	18	19	18	18	26
+ Accrued Taxes	- -	- -	- -	- -	- -	2	2	2	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	8	5	8	10	9	11	14	14	-26
+ ST Debt	25	38	7	12	1	5	6	10	- -
+ ST Borrowings	25	38	7	11	1	1	1	1	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	5	5	9	12
+ Other ST Liabilities	1	2	1	1	2	2	5	3	70
+ Deferred Revenue	- -	2	1	1	1	1	1	1	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	- -	1	1	1	1	4	2	70
Total Current Liabilities	46	61	36	43	31	39	44	46	70
+ LT Debt	8	12	68	87	35	53	65	35	32
+ LT Borrowings	8	12	67	87	35	42	48	47	- -
+ LT Finance Leases	- -	- -	1	- -	- -	12	17	35	32
+ Other LT Liabilities	- -	2	5	11	9	8	4	50	-32
+ Accrued Liabilities	- -	2	2	6	6	5	4	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	3	5	4	3	- -	50	-32
Total Noncurrent Liabilities	8	14	73	98	45	61	69	86	- -
Total Liabilities	53	74	109	141	76	100	114	295	288
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	4	14	14	14	84	86	87	89	91
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	4	14	14	14	84	86	87	89	91
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	8	- -	2	19	39	56	68	66	62
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	11	14	16	32	123	142	154	156	-7
+ Minority/Non Controlling Interest	- -	8	8	7	9	10	9	7	7
Total Equity	11	22	24	40	132	152	163	162	- -
Total Liabilities & Equity	64	96	133	181	208	252	276	457	288
Shares Outstanding	20	20	20	19	20	20	20	20	20
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	1	1	- -	16	21	44	44
Net Debt	32	48	73	97	30	26	26	17	-38
Net Debt to Equity	299.56	221.42	305.41	244.54	22.75	17.42	16.25	10.4	- -
Tangible Common Equity Ratio	16.69	22.8	18.04	20.65	62.9	59.63	58.28	54.48	- -
Current Ratio	0.93	0.79	1.7	1.85	3.34	3.15	3.49	3.47	2.3
Cash Conversion Cycle	- -	70.55	64.63	69.88	78.38	86.15	102.37	98.33	92.44

Cash Flow Statement (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	5	- -	2	17	22	26	33	31	33
+ Depreciation & Amortization	3	4	6	9	10	14	16	18	- -
+ Non-Cash Items	- -	2	- -	6	-3	4	6	3	1
+ Stock-Based Compensation	- -	- -	- -	- -	2	2	1	2	1
+ Deferred Income Taxes	- -	2	1	4	- -	- -	-1	-4	2
+ Asset Impairment Charge	- -	- -	- -	- -	1	4	6	3	1
+ Other Non-Cash Adj	- -	- -	-1	2	-6	-1	1	1	-3
+ Chg in Non-Cash Work Cap	-7	-3	-8	-17	-20	-15	-2	-4	- -
+ (Inc) Dec in Accts Receiv	-1	-4	-7	-4	-9	2	3	1	- -
+ (Inc) Dec in Inventories	-8	-1	-6	-14	-11	-16	-4	-1	-12
+ (Inc) Dec in Prepaid Assets	-1	- -	-3	-1	1	-2	- -	3	-1
+ Inc (Dec) in Accts Payable	3	- -	7	2	-3	5	3	1	- -
+ Inc (Dec) in Other	- -	2	- -	- -	1	-4	-3	-7	13
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	1	3	- -	15	9	29	53	48	34
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	10	- -	- -	- -	1	- -	2
+ Disp of Fixed Prod Assets	- -	- -	10	- -	- -	- -	1	- -	2
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-6	-32	-35	-36	-12	-15	-9	-4	-5
+ Acq of Fixed Prod Assets	-6	-32	-35	-36	-12	-15	-9	-4	-5
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	2	- -	- -	68	- -	- -	- -	-3
+ Increase in Capital Stock	- -	2	- -	- -	68	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	-3
+ Net Change in LT Investment	- -	- -	- -	- -	- -	1	-26	-2	28
+ Dec in LT Investment	- -	- -	- -	- -	- -	1	23	49	45
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	-49	-51	-17
+ Net Cash From Acq & Div	-1	8	- -	-1	-1	-4	4	- -	- -
+ Cash from Divestitures	- -	8	- -	- -	- -	2	7	- -	- -
+ Cash for Acq of Subs	-1	- -	- -	-1	-1	-6	-3	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	1	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-6	-24	-25	-37	-13	-18	-30	-6	25
+ Dividends Paid	-1	-1	- -	-1	- -	-7	-21	-31	- -
+ Net Cash From Debt	12	23	29	30	-90	6	7	-1	-13
+ Cash From Debt	15	32	55	38	19	49	8	- -	4
+ Repayments of Debt	-3	-9	-26	-8	-109	-43	-1	-1	-17
+ Other Financing Activities	-5	-2	-4	-6	33	-1	-2	-1	-37
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	6	22	25	22	11	-2	-16	-34	-53
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	1	- -	- -	- -	6	10	7	9	6
EBITDA	9	6	12	36	33	44	60	59	41
EBITDA Margin (%)	6.52	3.47	5.24	12.27	9.11	10.45	14.88	13.92	8.75
Free Cash Flow	-5	-29	-35	-22	-4	15	44	44	29
Net Cash Paid for Acquisitions	1	-8	- -	1	1	4	-4	- -	- -
Free Cash Flow to Firm	-3	-29	-31	-18	-1	16	46	46	31
Free Cash Flow to Equity	- -	-6	4	8	-94	21	52	43	18
Free Cash Flow per Basic Share	-0.31	-1.53	-1.82	-1.15	-0.2	0.74	2.21	2.2	1.46
Price/Free Cash Flow	- -	- -	- -	- -	17.82	6.48	7.92	11.7	11.89
Cash Flow to Net Income	0.22	129.38	-0.02	0.83	0.42	1.25	1.64	1.6	1.07
Capital Expenditures	-6	-32	-35	-36	-12	-15	-9	-4	-5