HNRG FY 2017 Earnings Report — Hallador Energy Company Revenue & Financial Results | Market Cap Arena

Hallador Energy CompanyHNRG

FY 2017 Earnings

Reported March 12, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$268M	—	$279M	—	-3.8%
Op. Income	$26M	—	$41M	—	-35.7%
Gross Margin	14.7%	—	18.1%	—	-3.4pp
Net Margin	12.3%	—	4.5%	—	7.8pp
EPS (Diluted)	$1.08	—	$0.42	—	157.1%
Free Cash Flow	$33M	—	$19M	—	75.9%

Revenue Flow

Item	Amount
REVENUE	$268M
Cost of Revenue	$229M
GROSS PROFIT	$40M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$15M
Other Expenses	$37M
Operating Expenses	$17M
Cost & Expenses	$245M
OPERATING INCOME	$26M
Interest Income	$0
Interest Expense	$12M
Other Income/Expenses	-$12M
INCOME BEFORE TAX	$14M
Income Tax Expense	-$19M
Net Income from Continuing Ops	$33M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$33M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$32M
D&A	$39M
EBIT	$27M
EBITDA	$66M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$268M
Cost of Revenue	$229M
GROSS PROFIT	$40M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$15M
Other Expenses	$37M
Operating Expenses	$17M
Cost & Expenses	$245M
OPERATING INCOME	$26M
Interest Income	$0
Interest Expense	$12M
Other Income/Expenses	-$12M
INCOME BEFORE TAX	$14M
Income Tax Expense	-$19M
Net Income from Continuing Ops	$33M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$33M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$32M
D&A	$39M
EBIT	$27M
EBITDA	$66M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$33M
Depreciation & Amortization	$47M
Stock-Based Compensation	$7M
Deferred Income Tax	-$20M
Other Non-Cash Items	$3M
Change in Working Capital	-$8M
OPERATING CASH FLOW	$62M
Capital Expenditure	-$29M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$22M
Net Debt Issuance	-$37M
Common Stock Repurchased	-$3M
Common Dividends Paid	-$5M
Other Financing Activities	$5M
NET CASH FROM FINANCING	-$40M
FREE CASH FLOW	$33M
Net Change in Cash	$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$12M
Short-Term Investments	$3M
Net Receivables	$17M
Inventory	$23M
Other Current Assets	$7M
TOTAL CURRENT ASSETS	$68M
PP&E (Net)	$420M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$12M
Tax Assets	$29M
Other Non-Current Assets	$5M
TOTAL NON-CURRENT ASSETS	$447M
TOTAL ASSETS	$518M
Account Payables	$4M
Short-Term Debt	$33M
Deferred Revenue	$0
Other Current Liabilities	$3M
TOTAL CURRENT LIABILITIES	$54M
Long-Term Debt	$166M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$20M
TOTAL NON-CURRENT LIABILITIES	$215M
TOTAL LIABILITIES	$269M
Common Stock	$299.0K
Additional Paid-In Capital	$98M
Retained Earnings	$150M
Treasury Stock	$0
Accum. Other Comp. Income	$915.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$249M
Minority Interest	$0
TOTAL EQUITY	$249M
TOTAL LIABILITIES & EQUITY	$518M
Total Debt	$199M
Net Debt	$186M