METCZ (Ramaco Resources, Inc.) Stock Financials & Earnings | Market Cap Arena

METCZ (Ramaco Resources, Inc.) Stock Financials & Earnings | Market Cap Arena

METCZRamaco Resources, Inc.

Mkt Cap$1B

Basic Materials·Industrial Materials·🇺🇸 United States·NASDAQ

Revenue (TTM)$537M

Net Income (TTM)-$51M

EPS (TTM)-$0.90

Free Cash Flow (TTM)-$61M

Gross Margin12.4%

Op. Margin-10.4%

Net Margin-9.6%

FCF Margin-11.3%

P/S Ratio (TTM)2.8x

P/E Ratio (TTM)—

YoY Rev Growth-19.5%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 23	$203M	$63M	$37M
Q1 24	$173M	$33M	$3M
Q2 24	$155M	$33M	$5M
Q3 24	$167M	$33M	$2M
Q4 24	$171M	$35M	$6M
Q1 25	$135M	$21M	-$12M
Q2 25	$153M	$19M	-$14M
Q3 25	$121M	$19M	-$14M
Q4 25	$128M	$8M	-$16M

Valuation

Quarter	P/S	P/E
Q4 23	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	2.1x	39.9x
Q4 24	2.2x	133.1x
Q1 25	2.4x	—
Q2 25	2.4x	—
Q3 25	2.6x	—
Q4 25	2.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 23	$42M	$22M
Q1 24	$25M	$6M
Q2 24	$34M	$13M
Q3 24	$37M	$20M
Q4 24	$16M	$3M
Q1 25	$26M	$5M
Q2 25	-$4M	-$20M
Q3 25	-$1M	-$18M
Q4 25	-$18M	-$28M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 23	$19M
Q1 24	$19M
Q2 24	$22M
Q3 24	$17M
Q4 24	$12M
Q1 25	$21M
Q2 25	$15M
Q3 25	$17M
Q4 25	$10M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 24	-15.7%	-0.6%
Q1 25	-22.0%	-13.4%
Q2 25	-1.5%	+11.3%
Q3 25	-27.7%	-18.3%
Q4 25	-25.1%	-12.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 23	$3M	1.6%
Q1 24	$5M	2.7%
Q2 24	$5M	3.0%
Q3 24	$4M	2.4%
Q4 24	$4M	2.5%
Q1 25	$3M	2.5%
Q2 25	$5M	3.1%
Q3 25	$5M	3.9%
Q4 25	$5M	3.7%

OpEx Breakdown

Quarter	SG&A
Q4 23	$11M
Q1 24	$14M
Q2 24	$11M
Q3 24	$13M
Q4 24	$12M
Q1 25	$15M
Q2 25	$15M
Q3 25	$16M
Q4 25	$21M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$42M	$0	$42M
Q1 24	$31M	$0	$31M
Q2 24	$28M	$0	$28M
Q3 24	$23M	$0	$23M
Q4 24	$33M	$0	$33M
Q1 25	$43M	$0	$43M
Q2 25	$28M	$0	$28M
Q3 25	$194M	$0	$194M
Q4 25	$440M	$0	$440M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 23	36M	—
Q1 24	51M	+43.8%
Q2 24	59M	+15.4%
Q3 24	52M	-11.6%
Q4 24	58M	+10.8%
Q1 25	63M	+8.2%
Q2 25	54M	-14.6%
Q3 25	61M	+14.1%
Q4 25	61M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 20	$484K	349
FY 21	$624K	454
FY 22	$780K	725
FY 23	$855K	811
FY 24	$677K	984
FY 25	$596K	900