METCB Q1 2024 Earnings — Ramaco Resources, Inc. Revenue & Financial Results | Market Cap Arena

METCBRamaco Resources, Inc.

$1B

Q1 2024 Earnings

Income Statement

Revenue

$173M+3.8% YoY

Gross Profit

$33M19.1% margin

Operating Income

$3M1.9% margin

Net Income

$2M1.2% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-14.8%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$6M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$674M

Total Liabilities

$302M

Stockholders' Equity

$372M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$173M	$166M	+3.8%
Gross Profit	$33M	$56M	-40.9%
Operating Income	$3M	$32M	-89.7%
Net Income	$2M	$25M	-92.0%