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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Karat Packaging Inc. (KRT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q8-K10-Q10-Q10-K10-Q10-Q
Revenues   [+]108.795.892.7114.9105.491.3102.794.5
            Revenue growth  -5.3%-9.1%1.5%21.5%39.3%29.8%34.6%11.6%
Cost of goods sold  66.957.763.080.971.163.072.966.4
Gross profit  41.938.129.734.034.328.329.828.1
            Gross margin  38.5%39.8%32.0%29.6%32.5%31.0%29.0%29.7%
Selling, general and administrative   [+]26.125.424.926.224.821.224.421.2
Other operating expenses  2.5  0.0    
EBITDA   [+]16.115.4 10.412.19.77.99.3
            EBITDA margin  14.8%16.0%5.2%9.0%11.5%10.6%7.7%9.9%
Depreciation and amortization  2.72.6 2.62.62.62.52.5
EBIT   [+]13.312.74.87.89.57.15.46.9
            EBIT margin  12.3%13.3%5.2%6.8%9.0%7.8%5.2%7.3%
Interest income, net   [+]-0.1-0.3-0.40.20.8-0.2-0.31.1
Other income (expense), net   [+]0.7-0.40.50.90.30.20.32.9
Pre-tax income  14.012.04.98.910.67.15.310.9
Income taxes  3.32.80.41.72.71.11.31.5
            Tax rate  23.7%23.5%7.2%19.5%25.2%15.4%23.7%14.2%
Minority interest  0.20.2 0.91.30.30.3-0.2
Net income  10.59.04.56.36.75.63.89.6
            Net margin  9.7%9.4%4.9%5.5%6.3%6.2%3.7%10.1%
   
Basic EPS   [+]$0.53$0.45$0.23$0.32$0.34$0.31$0.19$0.51
Diluted EPS   [+]$0.53$0.45$0.23$0.32$0.34$0.30$0.19$0.50
   
Dividends per share  $0.35       
   
Shares outstanding (basic)   [+]19.919.919.919.819.818.419.718.9
Shares outstanding (diluted)   [+]20.019.919.919.919.918.619.919.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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