earnings
confidence high
sentiment neutral
materiality 0.60
Coronado FY23 revenue $2.9B, net cash $97M; Q4 met coal price up 26.7% QoQ
Coronado Global Resources Inc.
2023-FY EPS reported
$0.93
revenue$2,890,603,000
- FY23 revenue $2.9B (second highest); Q4 revenue $680M.
- FY23 saleable production 15.8 Mt (-1.1% YoY); sales 15.8 Mt (-3.4% YoY).
- Closing cash $339M; net cash $97M as of Dec 31, 2023.
- Q4 PLV HCC index avg $333.9/t (+26.7% QoQ); FY23 realized met coal price $215.7/t.
- Group TRIR 0.77, 45.4% improvement; Buchanan VAM unit removed 193,205 tCO2e in FY23.