HNRG FY 2015 Earnings Report — Hallador Energy Company Revenue & Financial Results | Market Cap Arena

Hallador Energy CompanyHNRG

FY 2015 Earnings

Reported March 11, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$339M	—	$234M	—	45.1%
Op. Income	$44M	—	$28M	—	56.8%
Gross Margin	17.0%	—	14.9%	—	2.0pp
Net Margin	5.9%	—	4.4%	—	1.6pp
EPS (Diluted)	$0.68	—	$0.34	—	100.0%
Free Cash Flow	$63M	—	$30M	—	111.4%

Revenue Flow

Item	Amount
REVENUE	$339M
Cost of Revenue	$282M
GROSS PROFIT	$58M
R&D Expenses	$0
Selling & Marketing	$13M
General & Administrative	$0
SG&A Expenses	$13M
Other Expenses	$2M
Operating Expenses	$15M
Cost & Expenses	$296M
OPERATING INCOME	$44M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$28M
Income Tax Expense	$7M
Net Income from Continuing Ops	$20M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$20M
Net Income Deductions	-$450.0K
BOTTOM LINE NET INCOME	$20M
D&A	$44M
EBIT	$43M
EBITDA	$87M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$339M
Cost of Revenue	$282M
GROSS PROFIT	$58M
R&D Expenses	$0
Selling & Marketing	$13M
General & Administrative	$0
SG&A Expenses	$13M
Other Expenses	$2M
Operating Expenses	$15M
Cost & Expenses	$296M
OPERATING INCOME	$44M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$28M
Income Tax Expense	$7M
Net Income from Continuing Ops	$20M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$20M
Net Income Deductions	-$450.0K
BOTTOM LINE NET INCOME	$20M
D&A	$44M
EBIT	$43M
EBITDA	$87M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$20M
Depreciation & Amortization	$46M
Stock-Based Compensation	$3M
Deferred Income Tax	$6M
Other Non-Cash Items	$2M
Change in Working Capital	$17M
OPERATING CASH FLOW	$95M
Capital Expenditure	-$31M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$641.0K
NET CASH FROM INVESTING	-$31M
Net Debt Issuance	-$57M
Common Stock Repurchased	$0
Common Dividends Paid	-$5M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$62M
FREE CASH FLOW	$63M
Net Change in Cash	$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$16M
Short-Term Investments	$1M
Net Receivables	$17M
Inventory	$26M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$67M
PP&E (Net)	$445M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$17M
Tax Assets	$49M
Other Non-Current Assets	$5M
TOTAL NON-CURRENT ASSETS	$479M
TOTAL ASSETS	$545M
Account Payables	$26M
Short-Term Debt	$25M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$51M
Long-Term Debt	$220M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$14M
TOTAL NON-CURRENT LIABILITIES	$283M
TOTAL LIABILITIES	$339M
Common Stock	$292.0K
Additional Paid-In Capital	$92M
Retained Earnings	$114M
Treasury Stock	$0
Accum. Other Comp. Income	-$88.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$207M
Minority Interest	$0
TOTAL EQUITY	$207M
TOTAL LIABILITIES & EQUITY	$545M
Total Debt	$244M
Net Debt	$234M