Coeur Mining (CDE) FY2018 results: revenue $626 million, down 11.8% on the year
Coeur Mining, Inc. (CDE) reported revenue of $626 million for fiscal 2018, the year ended 31 December 2018, down 11.8% on the year before. Net income was -$48 million, and diluted earnings per share $-0.26. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2019.
Revenue
$626 million
-11.8% on the year
FY2011FY2018
Operating margin
-3.2%
-56.4% a year earlier
FY2011FY2018
Net income
-$48 million
FY2011FY2018
Diluted EPS
-$0.26
FY2011FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
626
710
572
-11.8%
Cost of revenue
n/a
440
335
Gross profit
n/a
269
237
Gross margin
n/a
38.0%
41.4%
Operating income
-20.3
-400
-276
Operating margin
-3.2%
-56.4%
-48.3%
Interest expense
24.4
16.4
36.9
+48.2%
Pre-tax income
-65.7
39.9
-10.8
Income tax
-16.8
29.0
-33.2
Effective tax rate
n/a
72.6%
n/a
Net income
-48.4
-1.3
55.4
Net margin
-7.7%
-0.2%
9.7%
Diluted EPS
-$0.26
-$0.01
$0.34
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
17.4
208
126
-91.6%
Capital expenditure
141
137
94.4
+3.0%
Free cash flow
-123
71.7
31.4
Free cash flow margin
-19.7%
10.1%
5.5%
Cash from investing
-130
-279
-77.5
Cash from financing
-5.2
136
-80.2
Depreciation and amortisation
128
147
117
-12.3%
Share-based compensation
8.3
10.5
9.7
-21.0%
Diluted shares, weighted
189m
184m
163m
+2.4%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
853
815
768
+4.6%
Debt
434
381
199
+14.0%
Other liabilities
426
506
352
-15.7%
Total liabilities and equity
1,712
1,701
1,319
+0.7%
Fixed assets
298
255
193
+17.2%
Cash and equivalents
115
192
118
-40.1%
Receivables
29.7
19.1
53.4
+56.0%
Inventory
66.3
58.2
93.4
+13.8%
Other assets
1,203
1,177
860
+2.2%
Total assets
1,712
1,701
1,319
+0.7%
10-K for the year ended 31 December 2018, filed 20 February 2019: the filing.