See more : Element Nutritional Sciences Inc. (ELMT.CN) Income Statement Analysis – Financial Results
Complete financial analysis of Ramaco Resources, Inc. (METC) 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. (METC)
About Ramaco Resources, Inc.
Ramaco Resources, Inc. produces and sells metallurgical coal. The company's development portfolio includes the Elk Creek project consisting of approximately 20,200 acres of controlled mineral and 16 seams located in southern West Virginia; the Berwind property comprising approximately 41,300 acres of controlled mineral and an area of Squire Jim seam coal deposits, which is situated on the border of West Virginia and Virginia; the Knox Creek property consisting of approximately 62,100 acres of controlled mineral that is located in Virginia; and the RAM Mine property comprising approximately 1,570 acres of controlled mineral, which is 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 | 1.01M | 0.00 |
| Gross Profit | 199.73M | 232.73M | 87.98M | 23.41M | 67.74M | 51.02M | 515.14K | 818.94K | -1.01M | 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 | 42.31M | 26.82M | 21.48M | 20.03M | 2.52M | 203.97K | 897.28K | 1.01M | 1.01M |
| 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 | 6.83M | 2.56M | 1.22M | 1.19M | 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 | 74.52K | 68.21K |
| EBITDA | 150.90M | 192.70M | 73.78M | 14.32M | 49.56M | 39.57M | -11.83M | -6.91M | -2.26M | -1.77M |
| EBITDA Ratio | 21.76% | 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 | -7.17M | 29.53M | 24.10M | -15.89M | -7.53M | -2.33M | -1.77M |
| Operating Income Ratio | 13.73% | 26.58% | 13.95% | -4.24% | 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 | 476.00K | 15.00K | -2.00K | -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 | -74.52K | -68.21K |
| 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 | 1.64 | 2.63 | 0.90 | -0.12 | 0.61 | 0.63 | -0.41 | -0.19 | -0.06 | -0.05 |
| EPS Diluted | 1.84 | 2.60 | 0.90 | -0.12 | 0.61 | 0.62 | -0.41 | -0.19 | -0.06 | -0.04 |
| Weighted Avg Shares Out | 50.24M | 44.16M | 43.96M | 42.46M | 40.84M | 40.04M | 37.58M | 39.06M | 39.06M | 39.06M |
| Weighted Avg Shares Out (Dil) | 44.75M | 44.70M | 44.26M | 42.46M | 40.84M | 40.26M | 37.60M | 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...
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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 (METC) Reports Q3 Loss, Tops Revenue Estimates
Ramaco Resources (METC) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.45 per share a year ago.
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.
Earnings Preview: Ramaco Resources (METC) Q3 Earnings Expected to Decline
Ramaco Resources (METC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ramaco Hires Senior Vice President of Technology from DARPA to Support Rare Earth Element and Carbon Product Development
SHERIDAN, Wyo. , Sept. 30, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) announced today it has hired Dr. Vishnu Sundaresan as senior vice president of Technology to help lead the company's expanding rare earth element (REEs) and carbon products activities.
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...
4 Stocks to Keep a Close Watch From the Coal Industry
Despite the expected drop in U.S. coal production volumes, Zacks Coal industry players like Peabody Energy (BTU), Arch Resources (ARCH), SunCoke Energy (SXC) and Ramaco Resources (METC) are likely to remain competitive in the coal space.
Ramaco Resources: Headwinds In Metallurgical Coal Prices Likely To Persist
Declining metallurgical coal prices and global steel demand, especially due to the increase in China's steel exports, had a direct impact on Ramaco's recent financial performance. Despite these headwinds, Ramaco increased coal production by 7% in Q2, and net income...
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