Ramaco resources, inc. (METC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Revenue

41,935

45,612

61,380

65,761

57,460

44,187

62,166

65,278

55,943

24,019

14,404

11,073

11,538

-

-

-

-

Coal sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Coal processing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,465

0

0

Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,465

0

0

Cost and expenses
Cost of sales (exclusive of items shown separately below)

30,934

33,262

44,983

43,219

41,006

34,958

49,406

47,860

44,331

21,374

16,525

11,774

10,845

-

-

-

-

Cost of coal sales (exclusive of items shown separately below)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Cost of coal processing (exclusive of items shown separately below)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

384

0

0

Other operating costs and expenses

-

-

-

-

-

-

-

-

-

-

111

96

17

190

0

153

71

Asset retirement obligation accretion

141

127

128

128

128

123

124

124

123

101

101

101

101

94

94

20

20

Depreciation and amortization

5,002

5,230

5,353

4,822

4,116

3,682

3,348

2,955

2,438

1,819

867

310

156

191

60

0

0

Professional fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

737

70

3,341

Selling, general and administrative

4,717

5,052

4,464

4,703

3,960

3,399

3,484

3,692

3,431

3,349

3,141

2,499

3,601

5,020

1,671

359

399

Total cost and expenses

40,794

43,671

54,928

52,872

49,210

42,162

56,362

54,631

50,323

26,676

20,747

14,783

14,721

5,360

2,948

603

3,833

Operating income

1,141

1,941

6,452

12,889

8,250

2,025

5,804

10,647

5,620

-2,657

-6,342

-3,709

-3,183

-1,609

-1,483

-603

-3,833

Interest and dividend income

-

-

-

-

-

-

-

-

-

-

75

100

116

124

14

0

0

Other income

1,210

693

573

194

298

480

1,036

513

489

53

31

121

-3

-

0

0

-

Interest expense, net

279

242

342

302

307

447

566

314

100

-

0

0

22

49

63

9

1

Income before tax

2,072

2,392

6,683

12,781

8,241

2,058

6,274

10,846

6,009

-2,600

-6,235

-3,487

-3,093

-

-

-

-

Income tax expense

110

504

1,133

2,168

1,358

-1,335

63

642

743

-

0

0

0

-

-

-

-

Net income

1,962

1,888

5,550

10,613

6,883

3,393

6,211

10,204

5,266

-2,600

-6,235

-3,487

-3,093

-1,534

-1,532

-612

-3,834

Earnings (loss) per common share
Basic earnings (in dollars per share)

0.05

0.04

0.14

0.26

0.17

0.10

0.15

0.25

0.13

-0.06

-0.16

-0.09

-0.10

-

-

-

-

Diluted earnings (in dollars per share)

0.05

0.04

0.14

0.26

0.17

0.09

0.15

0.25

0.13

-0.06

-0.16

-0.09

-0.10

-

-

-

-

Weighted average common shares outstanding
Basic weighted average shares outstanding (in shares)

41

163,229

40

40

40

120,170

40

40

39,905

39,661

39,509

39,072

32,068

-

-

-

-

Diluted weighted average shares outstanding (in shares)

41

163,229

40

40

40

120,829

40

40

40,142

39,661

39,509

39,072

32,068

-

-

-

-

Unaudited pro forma basic and fully diluted loss per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.07

-0.03

-0.17