secwatch.observer — SEC 8-K summary
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Issuer:     Coronado Global Resources Inc. (CODQL)
CIK:        0001770561
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001104659-25-015213
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1770561/000110465925015213/0001104659-25-015213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1770561/000110465925015213/tm257005d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-015213

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer