DSS vs Ranpak Holdings
Ranpak Holdings is the larger business, with $395m of revenue in fiscal 2025 against $20.8m for DSS (19.0 times as much). DSS grew faster (8.7% against 7.1%). Ranpak Holdings kept more of each dollar of sales as profit: a net margin of -9.7% against -115.3%.
| Latest fiscal year | DSSDSS, 2025 | Ranpak HoldingsPACK, 2025 |
|---|---|---|
| Revenue | $20.8m | $395m |
| Revenue growth | 8.7% | 7.1% |
| Net income | −$23.9m | −$38.3m |
| Operating margin | — | -6.2% |
| Net margin | -115.3% | -9.7% |
| Return on equity | — | -7.1% |
| Free cash flow | −$9.4m | $19.8m |
| Cash | $6.2m | $63.0m |
| Total debt | $44.7m | $402m |
| Debt to equity | — | 75.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 102 | 800 |
| Market value | $5.0m | $270m |
| Price vs our value range | — | Below our value range |
| Moat score | 38 (Weak) | 45 (Moderate) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 0 sales |