Ramaco Resources, Inc.

For the period ended Dec 31, 2024. Filed Mar 17, 2025.

About this filing

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.

FY2024 · Filed Mar 17, 2025

METC$6.82+9.3%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations


· · Year ended December 31,
In thousands, except per-share amounts	2024		2023		2022

Revenue		$666,295		$693,524		$565,688

Costs and expenses
Cost of sales (exclusive of items shown separately below)		533,293		493,793		332,960
Asset retirement obligations accretion		1,465		1,403		1,115
Depreciation, depletion, and amortization		65,615		54,252		41,194
Selling, general, and administrative		49,286		48,831		40,032
Total costs and expenses		649,659		598,279		415,301

Operating income		16,636		95,245		150,387

Other income (expense), net		4,407		18,321		2,637
Interest expense, net		(6,123)		(8,903)		(6,829)

Income before tax		14,920		104,663		146,195
Income tax expense		3,728		22,350		30,153
Net income		$11,192		$82,313		$116,042

Earnings per common share *
Basic - Single class (through 6/20/2023)		$—		$0.71		$2.63
Basic - Class A		$0.11		$1.06		$—
Total		$0.11		$1.77		$2.63

Basic - Class B		$0.50		$0.42		$—

Diluted - Single class (through 6/20/2023)		$—		$0.70		$2.60
Diluted - Class A		$0.11		$1.03		$—
Total		$0.11		$1.73		$2.60

Diluted - Class B		$0.47		$0.40		$—

* Refer to Notes 9 and 14 for dividends and earnings per common share information

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.