METCB Q3 2024 Earnings — Ramaco Resources, Inc. Revenue & Financial Results | Market Cap Arena

METCBRamaco Resources, Inc.

$1B

Q3 2024 Earnings

Income Statement

Revenue

$167M-10.5% YoY

Gross Profit

$33M19.5% margin

Operating Income

$2M1.0% margin

Net Income

-$239,000-0.1% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$20M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$645M

Total Liabilities

$284M

Stockholders' Equity

$362M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$167M	$187M	-10.5%
Gross Profit	$33M	$42M	-22.8%
Operating Income	$2M	$16M	-90.1%
Net Income	-$239,000	$19M	-101.2%

Revenue Segments

Export Revenues

$113M68%

Domestic Coal Revenues

$54M32%