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Complete financial analysis of Ramaco Resources, Inc. (METCB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ramaco Resources, Inc., a leading company in the Coal industry within the Energy sector.
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Ramaco Resources, Inc. (METCB)
About Ramaco Resources, Inc.
Ramaco Resources, Inc. operates, develops, and sells metallurgical coal. Its development portfolio includes the Elk Creek project located in southern West Virginia; the Berwind property situated on the border of West Virginia and Virginia; the Knox Creek property is located in Virginia; and the RAM Mine property situated in southwestern Pennsylvania. The company serves blast furnace steel mills and coke plants in the United States, as well as international metallurgical coal consumers. The company was founded in 2015 and is headquartered in Lexington, Kentucky.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 693.52M | 565.69M | 283.39M | 168.92M | 230.21M | 227.57M | 61.04M | 5.22M | 0.00 | 0.00 |
| Cost of Revenue | 493.79M | 332.96M | 195.41M | 145.50M | 162.47M | 176.56M | 60.52M | 4.40M | 0.00 | 0.00 |
| Gross Profit | 199.73M | 232.73M | 87.98M | 23.41M | 67.74M | 51.02M | 515.14K | 818.94K | 0.00 | 0.00 |
| Gross Profit Ratio | 28.80% | 41.14% | 31.05% | 13.86% | 29.43% | 22.42% | 0.84% | 15.70% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.01M | 12.59M | 7.45M | 1.32M | 758.81K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 48.83M | 40.03M | 21.63M | 21.02M | 18.18M | 14.01M | 12.59M | 7.45M | 1.32M | 758.81K |
| Other Expenses | 55.66M | 2.64M | 7.43M | 11.93M | 1.76M | 2.52M | 203.97K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 104.49M | 82.34M | 48.45M | 42.51M | 38.21M | 26.92M | 16.41M | 8.35M | 2.33M | 1.77M |
| Cost & Expenses | 598.28M | 415.30M | 243.86M | 188.01M | 200.68M | 203.48M | 76.93M | 12.75M | 2.33M | 1.77M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 36.00K | 295.19K | 138.75K | 0.00 | 0.00 |
| Interest Expense | 8.90M | 6.83M | 2.56M | 1.22M | 1.19M | 1.46M | 22.84K | 124.12K | 2.00K | 622.00 |
| Depreciation & Amortization | 55.66M | 42.31M | 26.82M | 21.48M | 20.03M | 12.92M | 3.56M | 480.99K | 0.00 | 0.00 |
| EBITDA | 169.22M | 195.33M | 73.78M | 14.32M | 51.32M | 39.57M | -12.74M | -6.91M | -2.33M | -1.77M |
| EBITDA Ratio | 24.40% | 33.87% | 25.82% | 8.14% | 21.31% | 17.17% | -20.05% | -136.88% | 0.00% | 0.00% |
| Operating Income | 95.25M | 150.39M | 39.53M | -19.09M | 29.53M | 24.10M | -15.89M | -7.53M | -2.33M | -1.77M |
| Operating Income Ratio | 13.73% | 26.58% | 13.95% | -11.30% | 12.83% | 10.59% | -26.04% | -144.37% | 0.00% | 0.00% |
| Total Other Income/Expenses | 9.42M | -4.19M | 4.87M | 10.70M | 565.00K | 1.09M | 475.87K | 14.64K | -2.01K | -622.00 |
| Income Before Tax | 104.66M | 146.20M | 44.41M | -8.39M | 30.10M | 25.19M | -15.42M | -7.52M | -2.34M | -1.77M |
| Income Before Tax Ratio | 15.09% | 25.84% | 15.67% | -4.97% | 13.07% | 11.07% | -25.26% | -144.09% | 0.00% | 0.00% |
| Income Tax Expense | 22.35M | 30.15M | 4.65M | -3.48M | 5.16M | 113.00K | 226.81K | 138.75K | 0.00 | 0.00 |
| Net Income | 82.31M | 116.04M | 39.76M | -4.91M | 24.93M | 25.07M | -15.42M | -7.52M | -2.34M | -1.77M |
| Net Income Ratio | 11.87% | 20.51% | 14.03% | -2.91% | 10.83% | 11.02% | -25.26% | -144.09% | 0.00% | 0.00% |
| EPS | 1.77 | 2.63 | 0.90 | -0.12 | 0.61 | 0.63 | -0.41 | -0.19 | -0.06 | -0.05 |
| EPS Diluted | 1.73 | 2.60 | 0.90 | -0.12 | 0.61 | 0.62 | -0.41 | -0.19 | -0.06 | -0.04 |
| Weighted Avg Shares Out | 46.50M | 44.16M | 43.96M | 42.46M | 40.84M | 40.04M | 37.58M | 39.06M | 39.06M | 39.06M |
| Weighted Avg Shares Out (Dil) | 47.58M | 44.70M | 44.26M | 42.46M | 40.84M | 40.26M | 37.58M | 39.06M | 39.63M | 39.63M |
Independent Interim Report Confirms Commercial and Technical Feasibility of Ramaco's Brook Mine Rare Earth Deposit
Project would be only primary source mine for gallium, germanium, and scandium in the world LEXINGTON, Ky. , Dec. 4, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco Resources" or the "Company") is pleased to announce that Fluor Corporation...
RAMACO RESOURCES, INC. ANNOUNCES PRICING OF SENIOR UNSECURED NOTES OFFERING
LEXINGTON, Ky. , Nov. 21, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, METCL) ("Ramaco Resources" or the "Company") announced today that it has priced its previously announced public offering (the "Offering") of senior unsecured notes due 2029 (the...
Ramaco Resources, Inc. (METC) Q3 2024 Earnings Call Transcript
Ramaco Resources, Inc. (NASDAQ:METC ) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Jeremy Sussman - CFO Randy Atkins - Chairman and CEO Chris Blanchard - EVP, Mine Planning and Development Jason Fannin - Chief...
Ramaco Resources, Inc. to Release Third Quarter 2024 Financial Results on Monday, November 4, 2024 and Host Conference Call and Webcast on Tuesday, November 5, 2024
LEXINGTON, Ky. , Oct. 29, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") will report third quarter 2024 financial results on Monday, November 4, 2024 after the close of the market.
METCB May Be Yielding Over 12% In 2025 At A Sub $10 Stock Price
Ramaco Resources' Class B shares (METCB) offer a forward yield over 12%, driven by stable volume-based distributions and significant production growth, despite current low pricing pressures. Liquidity issues and market concerns about global economic growth have kept METCB undervalued, presenting...
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