Coeur Mining (CDE) FY2020 results: revenue $785 million, up 10.4% on the year
Coeur Mining, Inc. (CDE) reported revenue of $785 million for fiscal 2020, the year ended 31 December 2020, up 10.4% on the year before. Net income was $26 million, and diluted earnings per share $0.11. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2021.
Revenue
$785 million
+10.4% on the year
FY2013FY2020
Operating margin
10.4%
-48.5% a year earlier
FY2013FY2020
Net income
$26 million
FY2013FY2020
Diluted EPS
$0.11
FY2013FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
785
712
626
+10.4%
Operating income
81.7
-345
-20.3
Operating margin
10.4%
-48.5%
-3.2%
Interest expense
20.7
24.8
24.4
-16.4%
Pre-tax income
62.7
-358
-65.7
Income tax
37.0
-11.1
-16.8
Effective tax rate
59.1%
n/a
n/a
Net income
25.6
-341
-48.4
Net margin
3.3%
-48.0%
-7.7%
Diluted EPS
$0.11
-$1.56
-$0.26
$ 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
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
149
91.9
17.4
+61.9%
Capital expenditure
99.3
99.8
141
-0.5%
Free cash flow
49.4
-7.9
-123
Free cash flow margin
6.3%
-1.1%
-19.7%
Cash from investing
-65.7
-92.6
-130
Cash from financing
-46.5
-60.9
-5.2
Depreciation and amortisation
131
179
128
-26.5%
Share-based compensation
8.5
9.2
8.3
-7.0%
Diluted shares, weighted
243m
219m
189m
+10.8%
Shares outstanding at period end
244m
242m
n/a
+0.9%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
693
667
853
+4.0%
Debt
276
273
434
+1.0%
Operating lease liabilities
n/a
40.6
n/a
Other liabilities
435
398
426
+9.2%
Total liabilities and equity
1,404
1,379
1,712
+1.8%
Fixed assets
230
249
298
-7.5%
Cash and equivalents
92.8
55.6
115
+66.8%
Receivables
23.5
18.7
29.7
+25.8%
Inventory
51.2
55.9
66.3
-8.4%
Other assets
1,006
1,000
1,203
+0.7%
Total assets
1,404
1,379
1,712
+1.8%
10-K for the year ended 31 December 2020, filed 17 February 2021: the filing.