Ramaco Resources, Inc. (METC) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Total revenues [+]	565.7	283.4	168.9	230.2	227.6	61.0	5.2	0.0
Net interest income							0.1
Revenue growth	99.6%	67.8%	-26.6%	1.2%	272.9%	1070.2%
Cost of goods sold [+]	333.0	195.4	145.5	162.5	176.6	60.8	0.4	0.9
Maintenance and operations costs						0.3
Gross profit	232.7	88.0	23.4	67.7	51.0	0.3	4.8	-0.9
Gross margin	41.1%	31.0%	13.9%	29.4%	22.4%	0.4%	92.0%
Selling, general and administrative [+]	40.0	21.6	21.0	18.2	14.0	12.6	7.5	1.3
Sales and marketing								0.9
General and administrative [+]								0.4
Professional fees								0.4
Other selling, general and administrative								0.9
Other operating expenses	1.1	0.6	0.6	0.5	0.5	0.4	4.6	0.1
EBITDA [+]	191.6	65.7	1.8	49.1	36.5	-12.7	-7.3
EBITDA growth	191.4%	3514.0%	-96.3%	34.3%	-386.7%	75.0%	211.9%	-99.9%
EBITDA margin	33.9%	23.2%	1.1%	21.3%	16.0%	-20.9%	-139.5%
Depreciation and amortization	41.2	26.2	20.9	19.5	12.4	3.2	0.3
EBIT [+]	150.4	39.5	-19.1	29.5	24.1	-15.9	-7.5	-2.3
EBIT growth	280.4%	-307.1%	-164.7%	22.6%	-251.6%	111.1%	222.7%	-99.9%
EBIT margin	26.6%	13.9%	-11.3%	12.8%	10.6%	-26.0%	-144.4%
Interest expense, net [+]	6.8	2.6	1.2	1.2	1.4	-0.3	0.1	0.0
Interest expense	6.8	2.6	1.2	1.2	1.4		0.1	0.0
Interest income						0.3
Other income (expense), net	2.6	7.4	11.9	1.8	2.5	0.2	0.1
Pre-tax income	146.2	44.4	-8.4	30.1	25.2	-15.4	-7.5	-2.3
Income taxes	30.2	4.6	-3.5	5.2	0.1	0.0	0.0	0.0
Tax rate	20.6%	10.5%	41.5%	17.2%	0.4%	0.0%	0.0%	0.0%
Net income	116.0	39.8	-4.9	24.9	25.1	-15.4	-7.5	-2.3
Net margin	20.5%	14.0%	-2.9%	10.8%	11.0%	-25.3%	-144.1%

Basic EPS [+]	$2.63	$0.90	($0.12)	$0.61	$0.63	($0.41)
Growth	190.5%	-882.5%	-118.9%	-2.5%	-252.6%
Diluted EPS [+]	$2.60	$0.90	($0.12)	$0.61	$0.62	($0.41)
Growth	189.0%	-877.4%	-118.9%	-2.0%	-251.8%

Dividends per share [+]	$0.45	$0.45
Growth	-0.2%

Shares outstanding (basic) [+]	44.2	44.0	42.5	40.8	40.0	37.6
Growth	0.5%	3.5%	4.0%	2.0%	6.5%
Shares outstanding (diluted) [+]	44.7	44.3	42.5	40.8	40.3	37.6
Growth	1.0%	4.2%	4.0%	1.4%	7.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.