Ramaco Resources, Inc. (METC)

Ramaco Resources Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	693.52	565.69	283.39	168.92	230.21
Revenue Growth (YoY)	22.60%	99.61%	67.77%	-26.63%	1.16%
Cost of Revenue	493.79	332.96	195.41	145.5	162.47
Gross Profit	199.73	232.73	87.98	23.41	67.74
Selling, General & Admin	48.83	40.03	21.63	21.02	18.18
Other Operating Expenses	55.66	42.31	26.82	21.48	20.03
Operating Expenses	104.49	82.34	48.45	42.51	38.21
Operating Income	95.25	150.39	39.53	-19.09	29.53
Interest Expense / Income	8.9	6.83	2.56	1.22	1.19
Other Expense / Income	-18.32	-2.64	-7.43	-11.93	-1.76
Pretax Income	104.66	146.2	44.41	-8.39	30.1
Income Tax	22.35	30.15	4.65	-3.48	5.16
Net Income	82.31	116.04	39.76	-4.91	24.93
Net Income Growth	-29.07%	191.86%	-	-	-0.56%
Shares Outstanding (Basic)	53	44	44	42	41
Shares Outstanding (Diluted)	-	45	44	42	41
Shares Change	17.86%	1.01%	4.23%	3.97%	1.43%
EPS (Basic)	1.77	2.63	0.90	-0.12	0.61
EPS (Diluted)	0.70	2.60	0.90	-0.12	0.61
EPS Growth	-73.08%	188.89%	-	-	-1.61%
Free Cash Flow	78.13	66.86	23.87	-11.44	-3.34
Free Cash Flow Per Share	1.48	1.51	0.54	-0.27	-0.08
Dividend Per Share	0.500	0.449	-	-	-
Dividend Growth	11.36%	-	-	-	-
Gross Margin	28.80%	41.14%	31.05%	13.86%	29.43%
Operating Margin	13.73%	26.58%	13.95%	-11.30%	12.83%
Profit Margin	11.87%	20.51%	14.03%	-2.91%	10.83%
Free Cash Flow Margin	11.27%	11.82%	8.42%	-6.77%	-1.45%
Effective Tax Rate	21.35%	20.63%	10.46%	-	17.15%
EBITDA	167.82	194.22	73.17	13.75	50.81
EBITDA Margin	24.20%	34.33%	25.82%	8.14%	22.07%
Depreciation & Amortization	54.25	41.19	26.21	20.91	19.52
EBIT	113.57	153.02	46.96	-7.17	31.29
EBIT Margin	16.38%	27.05%	16.57%	-4.24%	13.59%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).