Coronado posts record FY22: revenue +66%, net income +307%; CEO Spindler to retire, Thompson to succeed

Coronado Global Resources Inc.

2022-FY EPS reported $4.60 revenue$3,571,542,000

Record FY22 revenue $3,571.5M (+66% YoY); net income $771.7M (+307%); adjusted EBITDA $1,215.6M (+150%).
Group average realized met coal price $265.8/tonne (+93%); sales volume 16.4 MMt (-7.7%).
Paid $700.2M in dividends in calendar 2022; declared bi-annual fixed dividend of $0.005/CDI (record 15 Mar, pay 5 Apr).
CEO Gerry Spindler to retire after AGM; Douglas Thompson appointed as successor; Spindler becomes Executive Chair.
Net cash $92.1M; available liquidity $434.4M; reduced senior secured notes by $72.7M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Coronado Global Resources Inc. reported the fiscal year ended December 31, 2022 results: revenue $3,571,542, net income $771,703.

Period: the fiscal year ended December 31, 2022
Revenue: $3,571,542
Net income: $771,703
Result: reported results

Exact text from the filing

corresponding period (“Previous period”): Financial year ending 31 December 2021 (In US$ thousands) 31 December 2022 31 December 2021 % Variance Revenue from ordinary activities 3,571,542 2,148,471 66% Net income from ordinary activities after tax attributable to members 771,703 189,425 307% Net income attributable to members 771,703 189,425 307% A detailed

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Coronado Global Resources Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-023827

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