Coronado FY2024: Net loss $109M vs profit $156M; revenue down 13% to $2.51B

Coronado Global Resources Inc.

2024-FY EPS reported -$0.65 revenue$2,507,713,000

FY2024 revenue $2,508M (down 13% YoY); net loss $109M vs net income $156M in FY2023.
Adjusted EBITDA $115M, down 70% from $382M; average realized met coal price $185.3/t (down 14%).
Mammoth Underground mine first coal on time and budget; Buchanan expansion on track for H1 2025.
Curragh cost reduction of ~$100M/year (fleets cut from 16 to 11); 30% headcount reduction in Australia.
Bi-annual dividend of $0.005 per CDI declared; $400M 9.25% Senior Secured Notes due 2029 completed.

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