Name | Value |
---|---|
Revenues | 105.5M |
Cost of Revenue | 66.6M |
Gross Profit | 38.9M |
Operating Expense | 27.9M |
Operating I/L | 11.4M |
Other Income/Expense | 0.7M |
Interest Income | 0.5M |
Pretax | 12.0M |
Income Tax Expense | 2.9M |
Net Income/Loss | 9.1M |
Karat Packaging Inc. specializes in manufacturing and distributing single-use disposable products for restaurant and foodservice settings. Their product range includes food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, and gloves, offered under the Karat Earth brand. They cater to domestic and regional distributors, restaurant chains, retail establishments, and online customers, providing a wide array of plastic, paper, biopolymer-based, and compostable options. Additionally, the company offers new product development, design, printing, and logistics services, contributing to their revenue stream.