METCB Q2 2023 Earnings — Ramaco Resources, Inc. Revenue & Financial Results | Market Cap Arena

METCBRamaco Resources, Inc.

$1B

Q2 2023 Earnings

Income Statement

Revenue

$137M-0.9% YoY

Gross Profit

$38M27.8% margin

Operating Income

$10M7.3% margin

Net Income

$8M5.5% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-17.4%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$660M

Total Liabilities

$323M

Stockholders' Equity

$337M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$137M	$139M	-0.9%
Gross Profit	$38M	$62M	-38.3%
Operating Income	$10M	$43M	-76.5%
Net Income	$8M	$33M	-77.3%