Ramaco Resources, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
METC$6.82+9.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · Year ended December 31, | |||||||||
| In thousands, except per-share amounts · · 2025 · · 2024 · · 2023 | |||||||||
| | | | | | | | | | |
| Revenue | $536,618 | $666,295 | $693,524 | ||||||
| | | | | | | | | | |
| Costs and expenses | | | | | | | | | |
| Cost of sales (exclusive of items shown separately below) | | 453,389 | | 533,293 | | 493,793 | |||
| Asset retirement obligations accretion | | 1,667 | | 1,465 | | 1,403 | |||
| Depreciation, depletion, and amortization | | 68,155 | | 65,615 | | 54,252 | |||
| Selling, general, and administrative | | 69,363 | | 49,286 | | 48,831 | |||
| Total costs and expenses | | 592,574 | | 649,659 | | 598,279 | |||
| | | | | | | | | | |
| Operating (loss) income | | (55,956) | | 16,636 | | 95,245 | |||
| | | | | | | | | | |
| Other income (expense), net | | 1,620 | | 4,407 | | 18,321 | |||
| Interest expense, net | | (7,804) | | (6,123) | | (8,903) | |||
| | | | | | | | | | |
| (Loss) Income before tax | | (62,140) | | 14,920 | | 104,663 | |||
| Income tax (benefit) expense | | (10,694) | | 3,728 | | 22,350 | |||
| Net (loss) income | | $(51,446) | | $11,192 | | $82,313 | |||
| | | | | | | | | | |
| Earnings per common share * | | | | | | | | | |
| Basic - Single class (through 6/20/2023) | | $— | | $— | | $0.71 | |||
| Basic - Class A | | $(0.99) | | $0.11 | | $1.06 | |||
| Total | | $(0.99) | | $0.11 | | $1.77 | |||
| | | | | | | | | | |
| Basic - Class B | | $(0.43) | | $0.50 | | $0.42 | |||
| | | | | | | | | | |
| Basic - Single class (through 6/20/2023) | | $— | | $— | | $0.70 | |||
| Diluted - Class A | | $(0.99) | | $0.11 | | $1.03 | |||
| Total | | $(0.99) | | $0.11 | | $1.73 | |||
| | | | | | | | | | |
| Diluted - Class B | | $(0.43) | | $0.47 | | $0.40 | |||
| | | | | | | | | | |
| * Refer to Notes 8 and 13 for dividends and earnings per common share information | | | | | | | | | |
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