Coeur Mining (CDE) FY2017 results: revenue $710 million, up 24.1% on the year
Coeur Mining, Inc. (CDE) reported revenue of $710 million for fiscal 2017, the year ended 31 December 2017, up 24.1% on the year before. Net income was -$1 million, and diluted earnings per share $-0.01. The figures are the company's own, from the 10-K it filed with the SEC on 7 February 2018.
Revenue
$710 million
+24.1% on the year
FY2010FY2017
Operating margin
-56.4%
-48.3% a year earlier
FY2010FY2017
Net income
-$1 million
FY2010FY2017
Diluted EPS
-$0.01
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
710
572
561
+24.1%
Cost of revenue
440
335
404
+31.3%
Gross profit
269
237
158
+13.9%
Gross margin
38.0%
41.4%
28.1%
Operating income
-400
-276
-679
Operating margin
-56.4%
-48.3%
-121.0%
Interest expense
16.4
36.9
45.0
-55.5%
Pre-tax income
39.9
-10.8
-317
Income tax
29.0
-33.2
-29.1
Effective tax rate
72.6%
n/a
n/a
Net income
-1.3
55.4
-367
Net margin
-0.2%
9.7%
-65.4%
Diluted EPS
-$0.01
$0.34
-$2.83
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
208
126
114
+65.7%
Capital expenditure
137
94.4
89.0
+44.9%
Free cash flow
71.7
31.4
24.6
+128.2%
Free cash flow margin
10.1%
5.5%
4.4%
Cash from investing
-279
-77.5
-211
Cash from financing
136
-80.2
29.0
Depreciation and amortisation
147
117
126
+25.8%
Share-based compensation
10.5
9.7
9.3
+8.5%
Buybacks
n/a
n/a
0.0
Diluted shares, weighted
184m
163m
130m
+12.7%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
815
768
421
+6.0%
Debt
381
199
480
+91.4%
Other liabilities
506
352
431
+43.8%
Total liabilities and equity
1,701
1,319
1,332
+29.0%
Fixed assets
255
193
196
+31.7%
Cash and equivalents
192
118
158
+62.3%
Receivables
19.1
53.4
86.0
-64.3%
Inventory
58.2
93.4
81.7
-37.7%
Other assets
1,177
860
810
+36.8%
Total assets
1,701
1,319
1,332
+29.0%
10-K for the year ended 31 December 2017, filed 7 February 2018: the filing.