Coeur Mining (CDE) FY2023 results: revenue $821 million, up 4.5% on the year
Coeur Mining, Inc. (CDE) reported revenue of $821 million for fiscal 2023, the year ended 31 December 2023, up 4.5% on the year before. Net income was -$104 million, and diluted earnings per share $-0.30. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2024.
Revenue
$821 million
+4.5% on the year
FY2016FY2023
Operating margin
-4.7%
-5.0% a year earlier
FY2016FY2023
Net income
-$104 million
FY2016FY2023
Diluted EPS
-$0.30
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
67.3
25.6
110
+162.7%
Capital expenditure
365
352
310
+3.5%
Free cash flow
-297
-327
-199
Free cash flow margin
-36.2%
-41.6%
-23.9%
Cash from investing
-304
-146
-304
Cash from financing
236
125
158
+88.8%
Depreciation and amortisation
99.8
112
128
-10.6%
Share-based compensation
11.4
10.0
13.7
+13.3%
Diluted shares, weighted
343m
275m
250m
+24.7%
Shares outstanding at period end
386m
296m
257m
+30.6%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
1,024
889
800
+15.2%
Debt
545
516
488
+5.7%
Operating lease liabilities
6.3
14.9
18.7
-57.6%
Finance lease liabilities
52.6
42.1
24.4
+24.7%
Other liabilities
453
384
404
+17.9%
Total liabilities and equity
2,081
1,846
1,734
+12.7%
Fixed assets
1,688
1,390
320
+21.5%
Investments
0.0
44.2
n/a
Cash and equivalents
61.6
61.5
56.7
+0.3%
Receivables
31.0
36.3
32.4
-14.6%
Inventory
76.7
61.8
51.3
+24.0%
Other assets
223
253
1,274
-11.6%
Total assets
2,081
1,846
1,734
+12.7%
10-K for the year ended 31 December 2023, filed 21 February 2024: the filing.