METC Q2 2024 Earnings — Ramaco Resources, Inc. Revenue & Financial Results | Market Cap Arena

METCRamaco Resources, Inc.

$855M

Q2 2024 Earnings

Income Statement

Revenue

$155M+13.0% YoY

Gross Profit

$16M10.5% margin

Operating Income

$5M3.5% margin

Net Income

$6M3.6% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

-10.1%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$13M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$659M

Total Liabilities

$293M

Stockholders' Equity

$366M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$155M	$137M	+13.0%
Gross Profit	$16M	$24M	-33.1%
Operating Income	$5M	$10M	-46.1%
Net Income	$6M	$8M	-26.7%

Revenue Segments

Export Revenues

$100M64%

Domestic Coal Revenues

$55M36%