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Sep 30, 2022

Hallador Energy Q3 2022 Earnings Report

Reported a net income with improved margins and reduced bank debt.

Key Takeaways

Hallador Energy reported a net income of $1.6 million for Q3 2022. Margins improved by $3.16 per ton due to higher average sales prices. The company also reduced its bank debt by $44 million.

Net income was $1.6 million, or $0.05 per share.

Adjusted EBITDA was $18.4 million.

Margins improved $3.16 per ton due to higher average sales prices.

Bank debt was reduced by $44 million.

Total Revenue
$85.1M
Previous year: $79.8M
+6.6%
EPS
$0.05
Previous year: -$0.07
-171.4%
Gross Profit
$9.34M
Previous year: $2.19M
+326.9%
Cash and Equivalents
$7M
Previous year: $4.55M
+54.0%
Free Cash Flow
-$1.79M
Previous year: $16.9M
-110.6%
Total Assets
$383M
Previous year: $363M
+5.6%

Hallador Energy

Hallador Energy