Coronado HY23: Revenue $1.49B (-25%), Net Income $199M (-65%), Adj EBITDA $352M (-58%); reaffirms 2023 guidance

Coronado Global Resources Inc.

2023-Q2 EPS reported $1.18 revenue$1,493,240,000

Revenue $1,493M down 24.6% YoY; Net Income $199.2M down 64.6%; Adjusted EBITDA $352.3M down 58.4%.
Group avg realized met coal price $229.1/t (78% realization vs index); ROM prod +9.6%, saleable prod +9.8%, sales -8%.
Declared bi-annual fixed dividend US 0.5c per CDI ($8.4M); record 29 Aug, pay 19 Sep 2023.
Reaffirmed FY2023 guidance: saleable production 16.8-17.2 MMt, mining cost $84-87/t, capex $260-290M.
Board approved Curragh North Underground project; ABL facility refinanced to $150M, maturity extended to Aug 2026.

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 0.9

Coronado Global Resources Inc. reported half year ended 30 June 2023 results: revenue US$1,493m, net income US$199m. Guidance reaffirmed.

Period: half year ended 30 June 2023
Revenue: US$1,493m
Net income: US$199m
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Improved operating conditions deliver higher production rates and strong half year financial results: ➢ Revenue US$1,493m, Net Income US$199m, Adjusted EBITDA US$352m

View on SEC.gov

Browse all earnings releases →

Coronado Global Resources Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-088494

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.