Pakka targets $1bn revenue by 2030 amid delays

Pakka Limited confirmed delays in its consolidated financial statements for FY2024-25 due to the first-time external audit of its US subsidiary, Baka Inc., and the acquisition of PACA Guatemala.

The company targets 20x growth by 2030, aiming for 500,000 tons per year of material and $1bn in revenue, up from current 50,000 tons and $50m. The Guatemala expansion is projected to increase capacity to 250,000 tons, with EBITDA margins targeted upwards of 30% for new products.