# Karat Packaging Inc.: Form 10-K/A for the period ended Dec 31, 2021

- Company: [Karat Packaging Inc.](/companies/krt.md) (CIK 1758021)
- Form: 10-K/A
- Filed: 2022-11-09
- Accepted by EDGAR: Nov 9, 2022, 14:07 ET
- Period: 2021-12-31
- Accession: 0001628280-22-029151
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1758021/000162828022029151/krt-20211231.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1758021/000162828022029151/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2021-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2021-01-01 to 2021-12-31 | $364.2m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2021-01-01 to 2021-12-31 | $256.4m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 12 months, 2021-01-01 to 2021-12-31 | $107.8m | us-gaap:GrossProfit |
| Operating income | 12 months, 2021-01-01 to 2021-12-31 | $23.1m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months, 2021-01-01 to 2021-12-31 | $5.1m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2021-01-01 to 2021-12-31 | $20.8m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2021-01-01 to 2021-12-31 | $1.12 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2021-01-01 to 2021-12-31 | $1.13 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2021-01-01 to 2021-12-31 | 18,566,260 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2021-01-01 to 2021-12-31 | $8.7m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2021-01-01 to 2021-12-31 | $4.2m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 12 months, 2021-01-01 to 2021-12-31 | $0 | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 12 months, 2021-01-01 to 2021-12-31 | $0 | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | at 2021-12-31 | $6.5m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2021-12-31 | $102.9m | us-gaap:AssetsCurrent |
| Total assets | at 2021-12-31 | $207.6m | us-gaap:Assets |
| Current liabilities | at 2021-12-31 | $30.8m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2021-12-31 | $75.6m | us-gaap:Liabilities |
| Current portion of debt | at 2021-12-31 | $1.2m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | at 2021-12-31 | $122.9m | us-gaap:StockholdersEquity |

## Sections

No standard item headings were found in this filing’s main document, so no sections were extracted. Read the original on sec.gov. https://www.sec.gov/Archives/edgar/data/1758021/000162828022029151/krt-20211231.htm

Filed Nov 9, 2022.
Source: SEC EDGAR, the filing index for accession 0001628280-22-029151. Last ingested by Listed: Nov 6, 2026, 17:16 ET. No prices; not investment advice.