METCB Q1 2023 Earnings — Ramaco Resources, Inc. Revenue & Financial Results | Market Cap Arena

METCBRamaco Resources, Inc.

$1B

Q1 2023 Earnings

Income Statement

Revenue

$166M+7.4% YoY

Gross Profit

$56M33.5% margin

Operating Income

$32M19.2% margin

Net Income

$25M15.2% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+23.0%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

-$2M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$641M

Total Liabilities

$304M

Stockholders' Equity

$337M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$166M	$155M	+7.4%
Gross Profit	$56M	$74M	-24.2%
Operating Income	$32M	$53M	-39.7%
Net Income	$25M	$41M	-39.1%