<span item_type="fundamental" item_id="013940d5fdd4987297efd7aca7ae5d1c" counter_id="ST/US/METCZ" env="prod"></span><span item_type="announcement" item_id="576263026364123777" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 121 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -0.25.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -14.36 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenue for the third quarter of 2025 was $121.0 million, a decrease of 21% compared to the second quarter of 2025 and a 28% decrease compared to the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>The company reported a net loss of - $13.3 million for the third quarter of 2025, compared to a net loss of - $14.0 million in the second quarter of 2025 and a net loss of - $0.2 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li><li>Adjusted EBITDA for the third quarter of 2025 was $8.4 million, a decrease of 7% from the second quarter of 2025 and a 65% decrease from the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li><li>Cash costs per ton sold were $97 in the third quarter of 2025, a decrease of $6 per ton compared to the second quarter of 2025 and a decrease of $5 per ton compared to the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li><li>Cash margins per ton sold improved to $23 in the third quarter of 2025, up from $20 in the second quarter of 2025 but down from $34 in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash from operating activities for the nine months ended September 30, 2025, was $20.3 million, compared to $96.9 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Liquidity at the end of the third quarter of 2025 was $272 million, with a net cash position of more than $77 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Ramaco Resources plans to transition into a dual-platform company, combining rare earths and critical minerals with its existing metallurgical coal operations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li><li>The company anticipates full-year 2025 production to be between 3.7 and 3.9 million tons, with sales expected to be between 3.8 and 4.1 million tons.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li><li>The company is actively engaged in discussions with various domestic and international third-party customers for the purchase and sale of its future rare earths and critical minerals oxide production.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea026135101ex99-1_ramaco.htm"></span></li></ul>

RAMACO RESOURCES INC 8.375% SENIR FXD NT DUE 30/11/2029 USD25 | 8-K: FY2025 Q3 Revenue: USD 121 M