RAMACO RESOURCES Reports Total Revenue of USD 137.5 Million for Q2 FY2023, a Decrease of 0.9%

August 12, 2023

🌥️Earnings Overview

RAMACO RESOURCES ($NASDAQ:METCB) reported their second quarter of FY2023 earnings on June 30 2023, with total revenue of USD 137.5 million, a 0.9% decrease from the corresponding quarter in 2023. Net income for the quarter was USD 7.6 million, down 77.3% from the same period in 2023.


GoodWhale has conducted an analysis of RAMACO RESOURCES‘s fundamentals and classified the company as a ‘gorilla’. Such companies tend to have strong competitive advantages and achieve stable and high revenue or earnings growth. Therefore, investors interested in such a company might be looking for a long-term source of income, capital appreciation, or both. According to GoodWhale’s Star Chart, RAMACO RESOURCES has an intermediate health score of 6/10. This indicates that the company is likely to be in good shape regarding its cashflows and debt, so it is likely to pay off debt and fund future operations. Additionally, RAMACO RESOURCES is strong in growth, medium in asset, profitability and weak in dividend. Investors who are looking for a steady growth stock with some potential for good returns may be interested in RAMACO RESOURCES. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis
  • About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Ramaco Resources. More…

    Total Revenues Net Income Net Margin
    575.98 74.1 12.9%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Ramaco Resources. More…

    Operations Investing Financing
    128.15 -126 -12.15
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Ramaco Resources. More…

    Total Assets Total Liabilities Book Value Per Share
    660.39 323.29 6.27
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Ramaco Resources are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    45.9% 164.3% 17.4%
    FCF Margin ROE ROA
    1.9% 18.6% 9.5%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items

  • Summary

    RAMACO RESOURCES recently reported their earnings for the second quarter of FY2023, with total revenue of USD 137.5 million, a decrease of 0.9% from the same period in 2023. Net income for the quarter was USD 7.6 million, a decrease of 77.3%. Despite the lower earnings, the stock price moved up on June 30th due to the market’s belief that the company’s future prospects are promising. Investors should consider watching RAMACO RESOURCES for potential investment opportunities, as the company has shown an ability to remain resilient in spite of a tough economic climate.

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