Filing Flows › Coronado Global Resources (CODQL) › Q4 2024
Coronado Global Resources (CODQL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 19, 2025
Coronado Global Resources (CODQL) reported revenue of $558M for the fourth quarter 2024 (Q4 2024), -18% from a year earlier and -8% from the quarter before. Operating margin was -8.4%, net loss $54.1M (9.7% of revenue).
Coronado Global Resources, Q4 2024: revenue $558M (-18% year over year), operating margin -8.4%, net loss $54.1M, operating cash flow $62.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $558M | -8% | -18% |
| Operating profit | −$47.0M | — | — |
| Net earnings | −$54.1M | — | — |
| Operating cash flow | $62.6M | 166× | +40% |
| Free cash flow | $15.6M | — | — |
What changed
Revenue was $557.5M in Q4 2024, down 18% year over year and down 8% from the previous quarter.
Operating costs exceeded revenue by $47.0M, an operating margin of -8.4%. Total costs fell 19% while revenue fell 18%. The quarter ended with a net loss of $54.1M, narrower than the previous quarter's $71.0M loss.
Operating cash flow was $62.6M (up 40% year over year). Non-cash charges added back $45.2M of depreciation and amortization and $204K of share-based compensation. Working capital and other items added $71.2M. Capital expenditures of $47.0M left free cash flow of $15.6M.
Questions
What was Coronado Global Resources' revenue in the fourth quarter 2024?
Coronado Global Resources (CODQL) reported revenue of $558M for the fourth quarter 2024 (Q4 2024), -18% from a year earlier and -8% from the quarter before.
Was Coronado Global Resources profitable in the fourth quarter 2024?
Operating loss was $47.0M (-8.4% of revenue) and net loss $54.1M.