Ramaco Resources, Inc. (METC)

Ramaco Resources Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	666.3	693.52	565.69	283.39	168.92
Revenue Growth (YoY)	-3.93%	22.60%	99.61%	67.77%	-26.63%
Cost of Revenue	533.29	493.79	332.96	195.41	145.5
Gross Profit	133	199.73	232.73	87.98	23.41
Selling, General & Admin	53.19	48.83	40.03	21.63	21.02
Other Operating Expenses	1.47	1.4	1.12	0.62	0.57
Operating Expenses	120.27	104.49	82.34	48.45	42.51
Operating Income	12.74	95.25	150.39	39.53	-19.09
Interest Expense	-6.12	-8.9	-6.83	-2.56	-1.22
Other Non Operating Income (Expenses)	4.41	1.32	0.52	2.02	3.48
EBT Excluding Unusual Items	11.02	87.66	144.08	39	-16.84
Gain (Loss) on Sale of Assets	-	-	2.11	-	-
Legal Settlements	3.9	-	-	-	-
Other Unusual Items	-	-	-	5.41	8.44
Pretax Income	14.92	104.66	146.2	44.41	-8.39
Income Tax Expense	3.73	22.35	30.15	4.65	-3.48
Net Income	11.19	82.31	116.04	39.76	-4.91
Preferred Dividends & Other Adjustments	-	2.77	-	-	-
Net Income to Common	11.19	79.54	116.04	39.76	-4.91
Net Income Growth	-86.40%	-29.07%	191.86%	-	-
Shares Outstanding (Basic)	52	48	44	44	42
Shares Outstanding (Diluted)	54	49	45	44	42
Shares Change (YoY)	10.51%	8.60%	1.00%	4.23%	3.97%
EPS (Basic)	0.22	1.67	2.63	0.90	-0.12
EPS (Diluted)	0.21	1.64	2.60	0.90	-0.12
EPS Growth	-87.27%	-36.98%	188.89%	-	-
Free Cash Flow	43.82	78.13	53.12	-6.27	-11.44
Free Cash Flow Per Share	0.82	1.61	1.19	-0.14	-0.27
Dividend Per Share	0.550	0.500	0.453	-	-
Dividend Growth	10.00%	10.38%	-	-	-
Gross Margin	19.96%	28.80%	41.14%	31.05%	13.86%
Operating Margin	1.91%	13.73%	26.58%	13.95%	-11.30%
Profit Margin	1.68%	11.47%	20.51%	14.03%	-2.90%
Free Cash Flow Margin	6.58%	11.27%	9.39%	-2.21%	-6.77%
EBITDA	79.82	150.9	192.7	66.35	2.39
EBITDA Margin	11.98%	21.76%	34.06%	23.41%	1.41%
D&A For EBITDA	67.08	55.66	42.31	26.82	21.48
EBIT	12.74	95.25	150.39	39.53	-19.09
EBIT Margin	1.91%	13.73%	26.58%	13.95%	-11.30%
Effective Tax Rate	24.99%	21.35%	20.63%	10.46%	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q