METC Q3 2023 Earnings — Ramaco Resources, Inc. Revenue & Financial Results | Market Cap Arena

METCRamaco Resources, Inc.

$855M

Q3 2023 Earnings

Income Statement

Revenue

$187M+36.5% YoY

Gross Profit

$28M14.7% margin

Operating Income

$16M8.6% margin

Net Income

$19M10.4% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+36.0%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$53M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$647M

Total Liabilities

$294M

Stockholders' Equity

$353M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$187M	$137M	+36.5%
Gross Profit	$28M	$45M	-39.3%
Operating Income	$16M	$37M	-56.2%
Net Income	$19M	$27M	-27.7%

Revenue Segments

Export Revenues

$112M60%

Domestic Coal Revenues

$75M40%