Karat Packaging Inc. (KRT) Financials

$30.10

south_east -$0.61 (-1.99%)
Day's range
$29.85
Day's range
$30.82

KRT Income statement / Annual

Last year (2023), Karat Packaging Inc.'s total revenue was $405.65 M, a decrease of 4.09% from the previous year. In 2023, Karat Packaging Inc.'s net income was $32.47 M. See Karat Packaging Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Operating Revenue $405.65 M $422.96 M $364.24 M $295.52 M $224.91 M $175.43 M $140.06 M
Cost of Revenue $252.61 M $290.87 M $256.42 M $206.39 M $163.89 M $131.98 M $98.75 M
Gross Profit $153.04 M $132.09 M $107.83 M $89.13 M $61.02 M $43.46 M $41.31 M
Gross Profit Ratio 0.38 0.31 0.3 0.3 0.27 0.25 0.29
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $66.95 M $66.23 M $52.42 M $39.24 M $38.71 M $32.00 M $28.79 M
Selling & Marketing Expenses $41.49 M $35.84 M $32.26 M $22.19 M $16.47 M $9.32 M $6.51 M
Selling, General & Administrative Expenses $108.44 M $102.07 M $84.68 M $61.43 M $55.18 M $41.32 M $35.30 M
Other Expenses $2.53 M $721,000.00 $1.19 M $394,000.00 -$219,000.00 $464,000.00 $277,000.00
Operating Expenses $110.97 M $102.07 M $84.68 M $61.43 M $55.18 M $41.32 M $35.30 M
Cost And Expenses $363.58 M $392.94 M $341.10 M $267.82 M $219.07 M $173.30 M $134.05 M
Interest Income $1.80 M $2.23 M $1.51 M $5.49 M $4.75 M $0.00 $0.00
Interest Expense $2.04 M $2.02 M $1.40 M $5.49 M $4.75 M $1.46 M $1.28 M
Depreciation & Amortization $15.75 M $14.23 M $10.04 M $8.57 M $5.95 M $3.96 M $3.12 M
EBITDA $60.78 M $48.76 M $33.19 M $36.27 M $11.79 M $6.09 M $9.13 M
EBITDA Ratio 0.15 0.11 0.09 0.12 0.05 0.04 0.07
Operating Income Ratio 0.1 0.07 0.06 0.09 0.03 0.01 0.04
Total Other Income/Expenses Net $908,000.00 $2.50 M $4.38 M -$5.77 M -$2.89 M -$585,000.00 -$1.36 M
Income Before Tax $42.98 M $32.51 M $27.53 M $21.93 M $2.95 M $1.55 M $4.65 M
Income Before Tax Ratio 0.11 0.08 0.08 0.07 0.01 0.01 0.03
Income Tax Expense $9.80 M $6.68 M $5.09 M $5.26 M $781,000.00 $1.67 M $96,000.00
Net Income $32.47 M $23.65 M $20.78 M $17.52 M $1.72 M $21,000.00 $4.55 M
Net Income Ratio 0.08 0.06 0.06 0.06 0.01 0 0.03
EPS 1.63 1.19 1.05 1.15 0.11 0.0011 0.21
EPS Diluted 1.63 1.19 1.05 1.13 0.11 0.0011 0.21
Weighted Average Shares Out $19.90 M $19.82 M $19.80 M $15.18 M $15.19 M $19.12 M $14.72 M
Weighted Average Shares Out Diluted $19.98 M $19.93 M $19.80 M $15.45 M $15.19 M $19.12 M $14.72 M
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