← Ramaco Resources, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($7.5m) ($15.4m) $25.1m $24.9m ($4.9m) $39.8m $116.0m $82.3m $11.2m ($51.4m)
Net Income (Loss) Available to Common Stockholders, Basic — ($15.4m) — — — — — — — —
Depreciation, Depletion and Amortization $252k $3.2m $12.4m $19.5m $20.9m $26.2m $41.2m $54.3m $65.6m $68.2m
Depreciation $252k $2.6m $9.7m $14.2m $17.1m $17.9m $24.1m $30.9m $37.3m $43.3m
Amortization $139k $125k $2.7m $5.3m $3.8m $7.2m $12.2m $14.8m $17.9m $17.0m
Amortization of Debt Issuance Costs — — $569k $58k $58k $214k $491k $776k $934k $2.7m
Deferred Income Tax Expense (Benefit) — — $109k $5.2m ($3.5m) $4.6m $29.2m $18.7m $1.7m ($11.7m)
Share-based Payment Arrangement, Noncash Expense $299k $2.8m $2.6m $4.1m $4.1m $5.3m $8.2m $12.9m $17.5m $17.6m
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — $3.2m $7.3m $10.6m $3.5m
Share-based Payment Arrangement, Expense $298k $2.8m $2.6m — — — $8.2m $12.9m $17.5m $17.6m
Gain (Loss) on Disposition of Property Plant Equipment — — — — — — ($756k) $11.3m $18k ($38k)
Income Tax Expense (Benefit) $0 $0 $113k $5.2m ($3.5m) $4.6m $30.2m $22.4m $3.7m ($10.7m)
Interest Expense Nonoperating — — — — — — — — — ($7.8m)
Operating Lease, Expense — — — $200k $200k $100k $200k $200k $400k $400k
Other Nonoperating Income (Expense) — $204k $2.5m $1.8m $11.9m $7.4m $2.6m $18.3m $4.4m $1.6m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories $1.5m $8.5m $4.1m $1.1m ($3.3m) $3.8m $29.2m ($7.8m) $6.2m $43.8m
Increase (Decrease) in Accounts Payable $1.9m $15.5m ($1.5m) ($7.3m) $2.8m ($1.8m) $12.7m $24.5m ($4.8m) ($10.0m)
Asset Retirement Obligation, Accretion Expense $229k $405k $494k $511k $570k $615k $1.1m $1.4m $1.5m $1.7m
Nonoperating Income (Expense) — — — — — — — — — ($5.6m)
Proceeds from Contributed Capital $500k — — — — — — — — —
Proceeds from Stock Options Exercised $49k $19k — — — — $107k — $534k $802k
Revenue from Contract with Customer, Including Assessed Tax — — $227.6m $230.2m $168.9m $283.4m $565.7m $693.5m $666.3m $536.6m
Net Cash Provided by (Used in) Operating Activities ($3.9m) ($8.8m) $36.0m $42.4m $13.3m $53.3m $187.9m $161.0m $112.7m $2.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $16.7m $75.0m $48.1m $45.7m $24.8m $29.5m $123.0m $82.9m $55.2m $62.8m
Payments to Acquire Businesses, Net of Cash Acquired $303k — — — — — — — — —
Payments for (Proceeds from) Other Investing Activities — — — — — — — — $755k ($584k)
Net Cash Provided by (Used in) Investing Activities ($77.5m) ($19.8m) ($42.9m) ($45.7m) ($24.8m) ($59.6m) ($145.7m) ($72.2m) ($70.8m) ($83.7m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock — $47.7m — — — — — — — —
Payments of Ordinary Dividends, Common Stock — — — — — — $20.0m $25.8m $24.6m $4.3m
Dividends Payable, Current — — — — — — — — — $1.5m
Dividends Payable — — — — — $2.5m $5.5m $7.2m $7.1m $757k
Net Cash Provided by (Used in) Financing Activities $85.5m $29.3m $7.9m $2.8m $11.3m $22.4m ($28.5m) ($82.5m) ($50.8m) $489.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $1.0m $1.2m $6.9m $6.7m $22.8m $36.5m $42.8m $33.8m $441.2m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $105k $88k $826k $999k $1.1m $1.6m $6.0m $8.1m $4.8m $8.1m
Income Taxes Paid, Net — — — — $19k $9k $15.5m $771k $1.2m $1.9m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.