CODQL on OTC
Coronado Global Resources
American silver ores company based in Wilton, incorporated in Delaware. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerCODQL on OTC1
- IndustrySilver Ores1
- HeadquartersWilton, United States1
- Incorporated inDE5
- Business addressLevel 33 Central Plaza One, 345 Queen Street, Brisbane5
- Filer categoryAccelerated filer, Smaller reporting company5
- Legal formStock Corporation3
- LEI549300IGUM6F25CYHK793
- StatusActive3
- LEI statusLapsed (not renewed)3
- Registered address57 Danbury Road, 06897 Wilton, United States3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
-22.2%Net margin4
-22.2%Revenue growth, 20254
-66.5%Return on equity4
1.05×Debt to equity4
-$324.8MFree cash flow4
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Metallurgical Coal brought in 92% of the revenue Coronado Global Resources broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Metallurgical Coal | $2.6B | $2.3B | $1.8B |
| Thermal Coal | $242.2M | $117.8M | $161.3M |
Business segments
Australia brought in 61% of the revenue Coronado Global Resources broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Australia | $1.7B | $1.6B | $1.2B |
| United States | $1.2B | $912.7M | $764.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue78¢$1.5B
- Selling, general and admin2¢$39.2M
- Other costs19¢$373.6M
- Income tax1¢$12.4M
Out of $1.9B in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Other revenues | $29.4M | $62.9M | $59.9M |
| Total revenues | $1.9B | $2.5B | $2.9B |
| Cost of coal revenues (exclusive of items shown separately below) | $1.5B | $1.7B | $1.7B |
| Depreciation, depletion and amortization | $185.3M | $187.4M | $160.7M |
| Freight expenses | $268.0M | $241.4M | $259.7M |
| Stanwell rebate | $100.5M | $116.9M | $136.5M |
| Other royalties | $163.7M | $289.7M | $345.9M |
| Selling, general, and administrative expenses | $39.2M | $36.9M | $84.2M |
| Total costs and expenses | $2.3B | $2.6B | $2.7B |
| Interest expense, net | -$99.3M | -$58.9M | -$56.8M |
| Loss on debt extinguishment | -$19.3M | -$14.7M | -$1.4M |
| (Increase) decrease in provision for discounting and credit losses | -$4.8M | $207.0K | $4.2M |
| Other, net | $10.6M | $3.7M | $5.8M |
| Total other expense, net | -$112.7M | -$69.6M | -$48.2M |
| (Loss) income before tax | -$444.4M | -$149.2M | $123.8M |
| Income tax benefit | $12.4M | $40.3M | $32.3M |
| Net (loss) income attributable to Coronado Global Resources Inc. | -$432.1M | -$108.9M | $156.1M |
| Foreign currency translation adjustment | $14.6M | -$47.6M | $1.5M |
| Net gain on cash flow hedges, net of tax | $2.5M | $0 | $0 |
| Total other comprehensive income (loss) | $17.1M | -$47.6M | $1.5M |
| Total comprehensive (loss) income attributable to Coronado Global Resources Inc. | -$414.9M | -$156.5M | $157.6M |
| Basic | -$2.58 | -$0.65 | $0.93 |
| Diluted | -$2.58 | -$0.65 | $0.93 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $173.0M | $339.6M | $339.3M | $334.6M |
| Trade receivables, net | $250.9M | $209.1M | ||
| Inventories | $195.2M | $155.7M | ||
| Other current assets | $87.7M | $110.3M | ||
| Total current assets | $706.8M | $814.8M | ||
| Property, plant and equipment, net | $1.7B | $1.5B | ||
| Right of use asset - operating leases, net | $86.5M | $90.1M | ||
| Goodwill | $28.0M | $28.0M | ||
| Intangible assets, net | $2.7M | $2.9M | ||
| Restricted deposits | $141.7M | $68.5M | ||
| Deferred income tax assets | $0 | $0 | ||
| Other non-current assets | $5.4M | $6.3M | ||
| Total assets | $2.6B | $2.5B | $2.7B | |
| Accounts payable | $89.2M | $101.7M | ||
| Accrued expenses and other current liabilities | $276.0M | $206.8M | ||
| Asset retirement obligations | $11.0M | $15.5M | ||
| Contract obligations | $22.4M | $37.1M | ||
| Lease liabilities | $34.3M | $19.5M | ||
| Interest bearing liabilities | $1.7M | $1.4M | ||
| Income tax payable | $21.0M | $17.6M | ||
| Less: current portion | $1.4M | $6.0M | ||
| Total current liabilities | $457.1M | $405.6M | ||
| Asset retirement obligations | $143.4M | $149.3M | ||
| Contract obligations | $523.0M | $312.8M | ||
| Interest bearing liabilities | $685.0M | $410.9M | ||
| Other financial liabilities | $18.9M | $18.9M | ||
| Lease liabilities | $83.9M | $74.2M | ||
| Deferred income tax liabilities | $23.2M | $36.7M | ||
| Other non-current liabilities | $41.4M | $36.4M | ||
| Total liabilities | $2.0B | $1.4B | ||
| Common stock $0.01 par value; 1,000,000,000 shares authorized, 167,645,373 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | $1.7M | $1.7M | ||
| Series A Preferred stock $0.01 par value; 100,000,000 shares authorized, 1 Share issued and outstanding as of December 31, 2025 and December 31, 2024 | $0 | $0 | ||
| Additional paid-in capital | $1.1B | $1.1B | ||
| Accumulated other comprehensive losses | -$120.4M | -$137.6M | ||
| (Accumulated losses) retained earnings | -$326.2M | $114.2M | ||
| Total stockholders' equity | $649.7M | $1.1B | $1.2B | $1.1B |
| Total liabilities and stockholders' equity | $2.6B | $2.5B | ||
| Common stock, par value per share (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 1.0B shares | 1.0B shares | ||
| Common stock, shares issued (in shares) | 167.6M shares | 167.6M shares | ||
| Common stock, shares outstanding (in shares) | 167.6M shares | 167.6M shares | ||
| Preferred stock, par value per share (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 1 shares | 1 shares | ||
| Preferred stock, shares outstanding (in shares) | 1 shares | 1 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $173.0M | $339.6M | $339.3M | $334.6M |
| Trade receivables, net | $250.9M | $209.1M | ||
| Inventories | $195.2M | $155.7M | ||
| Other current assets | $87.7M | $110.3M | ||
| Total current assets | $706.8M | $814.8M | ||
| Property, plant and equipment, net | $1.7B | $1.5B | ||
| Right of use asset - operating leases, net | $86.5M | $90.1M | ||
| Goodwill | $28.0M | $28.0M | ||
| Intangible assets, net | $2.7M | $2.9M | ||
| Restricted deposits | $141.7M | $68.5M | ||
| Deferred income tax assets | $0 | $0 | ||
| Other non-current assets | $5.4M | $6.3M | ||
| Total assets | $2.6B | $2.5B | $2.7B | |
| Accounts payable | $89.2M | $101.7M | ||
| Accrued expenses and other current liabilities | $276.0M | $206.8M | ||
| Asset retirement obligations | $11.0M | $15.5M | ||
| Contract obligations | $22.4M | $37.1M | ||
| Lease liabilities | $34.3M | $19.5M | ||
| Interest bearing liabilities | $1.7M | $1.4M | ||
| Income tax payable | $21.0M | $17.6M | ||
| Less: current portion | $1.4M | $6.0M | ||
| Total current liabilities | $457.1M | $405.6M | ||
| Asset retirement obligations | $143.4M | $149.3M | ||
| Contract obligations | $523.0M | $312.8M | ||
| Interest bearing liabilities | $685.0M | $410.9M | ||
| Other financial liabilities | $18.9M | $18.9M | ||
| Lease liabilities | $83.9M | $74.2M | ||
| Deferred income tax liabilities | $23.2M | $36.7M | ||
| Other non-current liabilities | $41.4M | $36.4M | ||
| Total liabilities | $2.0B | $1.4B | ||
| Common stock $0.01 par value; 1,000,000,000 shares authorized, 167,645,373 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | $1.7M | $1.7M | ||
| Series A Preferred stock $0.01 par value; 100,000,000 shares authorized, 1 Share issued and outstanding as of December 31, 2025 and December 31, 2024 | $0 | $0 | ||
| Additional paid-in capital | $1.1B | $1.1B | ||
| Accumulated other comprehensive losses | -$120.4M | -$137.6M | ||
| (Accumulated losses) retained earnings | -$326.2M | $114.2M | ||
| Total stockholders' equity | $649.7M | $1.1B | $1.2B | $1.1B |
| Total liabilities and stockholders' equity | $2.6B | $2.5B | ||
| Common stock, par value per share (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 1.0B shares | 1.0B shares | ||
| Common stock, shares issued (in shares) | 167.6M shares | 167.6M shares | ||
| Common stock, shares outstanding (in shares) | 167.6M shares | 167.6M shares | ||
| Preferred stock, par value per share (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 1 shares | 1 shares | ||
| Preferred stock, shares outstanding (in shares) | 1 shares | 1 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net (loss) income | -$432.1M | -$108.9M | $156.1M |
| Depreciation, depletion and amortization | $187.4M | $190.9M | $163.9M |
| Change in estimate of asset retirement obligation | -$2.0M | -$3.5M | -$3.2M |
| Impairment of assets | $0 | $10.6M | $0 |
| Amortization of right of use asset - operating leases | $26.0M | $22.1M | $12.4M |
| Amortization of deferred financing costs | $3.7M | $4.0M | $4.3M |
| Non-cash interest expense | $46.6M | $34.9M | $31.0M |
| Amortization of contract obligations | -$23.7M | -$31.4M | -$33.0M |
| Gain on disposal of assets | -$8.8M | $0 | $0 |
| Equity-based compensation expense | $183.0K | $129.0K | $2.1M |
| Loss on debt extinguishment | $19.3M | $14.7M | $1.4M |
| Deferred income taxes | -$14.3M | -$39.5M | -$21.3M |
| Reclamation of asset retirement obligations | -$5.1M | -$9.7M | -$5.3M |
| (Decrease) increase in provision for discounting and credit losses | $4.8M | -$207.0K | -$4.2M |
| Loss (gain) on translation of short-term inter-entity balances | $4.5M | -$10.0M | $0 |
| Other | -$181.0K | -$694.0K | $516.0K |
| Accounts receivable - including related party receivables, net | -$35.3M | $35.5M | $155.1M |
| Inventories | -$32.7M | $27.6M | -$32.8M |
| Other current assets | $10.7M | -$2.8M | -$477.0K |
| Contract obligations | $142.8M | $0 | $0 |
| Accounts payable | -$13.8M | -$9.4M | $40.2M |
| Accrued expenses and other current liabilities | $63.4M | -$97.9M | -$25.4M |
| Operating lease liabilities | -$24.8M | -$21.1M | -$14.6M |
| Income tax payable | -$351.0K | $66.7M | -$164.8M |
| Change in other liabilities | $4.0M | $2.0M | $6.6M |
| Net cash (used in) provided by operating activities | -$80.0M | $74.0M | $268.3M |
| Capital expenditures | -$244.8M | -$248.1M | -$237.2M |
| Proceeds from disposal of assets | $18.8M | $0 | $0 |
| Purchase of restricted and other deposits | -$111.7M | -$2.5M | -$27.2M |
| Redemption of restricted and other deposits | $38.9M | $24.3M | $26.2M |
| Net cash used in investing activities | -$298.7M | -$226.3M | -$238.2M |
| Proceeds from interest bearing liabilities and other financial liabilities | $340.0M | $449.9M | $0 |
| Debt issuance costs and other financing costs | -$8.1M | -$13.9M | -$3.4M |
| Principal payments on interest bearing liabilities and other financial liabilities | -$99.6M | -$246.7M | -$4.4M |
| Call premiums paid on early redemption of debt | -$12.2M | -$9.8M | $0 |
| Principal payments on finance lease obligations | -$3.7M | -$68.0K | -$127.0K |
| Dividends paid | -$8.3M | -$16.7M | -$16.8M |
| Net cash provided by (used in) financing activities | $208.0M | $162.8M | -$24.7M |
| Net (decrease) increase in cash and cash equivalents | -$170.8M | $10.5M | $5.4M |
| Effect of exchange rate changes on cash and cash equivalents | $4.2M | -$10.1M | -$769.0K |
| Cash payments for interest | $58.8M | $29.7M | $28.6M |
| Cash paid (refund) for taxes | -$1.7M | -$67.8M | $147.1M |
| Restricted cash | $251.0K | $251.0K | $251.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Coronado Global Resources, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
20202025
- Chief executive officerDouglas Graham Thompson Feb 14, 2025 to now14
- Chief executive officerGarold Spindler Jun 28, 2019 to Feb 14, 202515
- ChairGarold Spindler Oct 20, 2023 to now16
- Chief financial officerSandeep Deoji Aug 14, 2026 to now17
- Chief financial officerGerhard Ziems Aug 17, 2020 to Sep 18, 202418
- Chief financial officerAyten Saridas Jun 28, 2019 to Feb 26, 202019
- Chief operating officerShaun Craig Newberry Sep 18, 2026 to now20
- Chief operating officerCraig R. Manz Mar 17, 2025 to Mar 17, 202521
- Chief operating officerJeffrey D. Bitzer Aug 13, 2021 to Feb 14, 202522
- Chief operating officerDouglas Graham Thompson Sep 9, 2021 to Nov 18, 202123
Board members and other officers (16)
- Chief Marketing OfficerMark Robert Bolton Aug 11, 2026 to now24
- Interim PFO & PAOSandeep Deoji Jan 8, 2025 to Mar 10, 202525
- Chief Development OfficerJeffrey D. Bitzer Apr 8, 2025 to now26
- VP of People & CultureEmma Pollard Jun 28, 2019 to now27
- Board memberDouglas Graham Thompson Feb 14, 2025 to now14
- Board memberAimee R. Allen Sep 1, 2023 to Sep 1, 202328
- Board memberJan C. Wilson Sep 1, 2023 to Sep 1, 202329
- Board memberErnie Thrasher Jun 28, 2019 to Jun 28, 201930
- Board memberGarold Spindler Jun 28, 2019 to now15
- Board memberGreg Pritchard Jun 28, 2019 to Jun 2, 202131
- Board memberLaura L. Tyson Jun 28, 2019 to Jun 28, 201932
- Board memberPhilip Christensen Jun 28, 2019 to Jun 28, 201933
- Board memberWilliam Koeck Jun 28, 2019 to Jun 2, 202134
- General counselPhilip H. Peacock Aug 21, 2025 to now35
- General counselChristopher P. Meyering Sep 9, 2021 to now36
- General counselRichard D. Rose Jun 28, 2019 to Mar 11, 202037
Timeline
Filings
242 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 122 major events, 68 insider forms, 8 large holders, 24 other. The latest 20:
- Oct 2, 20263 OWNERSHIP DOCUMENT EDGAR
- Sep 18, 20263 OWNERSHIP DOCUMENT EDGAR
- Sep 9, 2026SD EDGAR
- Sep 9, 20268-K EDGAR
- Aug 14, 20263 OWNERSHIP DOCUMENT EDGAR
- Aug 11, 20263 OWNERSHIP DOCUMENT EDGAR
- Aug 11, 20268-K EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jul 29, 20268-K EDGAR
- Jul 22, 20268-K EDGAR
- Jul 14, 20268-K EDGAR
- Jun 4, 20268-K EDGAR
- May 26, 20264 OWNERSHIP DOCUMENT EDGAR
- May 26, 20264 OWNERSHIP DOCUMENT EDGAR
- May 11, 202610-Q EDGAR
- Apr 28, 20268-K EDGAR
- Apr 22, 2026ARS EDGAR
- Apr 22, 2026DEFA14A EDGAR
- Apr 22, 2026DEF 14A EDGAR
The 242 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
29 open-market trades by officers, directors and large owners since October 2021: 4 buys and 25 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 17, 2026 | Pollard EmmaChief P&S Officer | Sale | 39,474 | $2.06 | $81.3K | Form 4 |
| Mar 12, 2026 | Spindler GaroldInterim CEO | Sale | 77,700 | $2.44 | $189.6K | Form 4 |
| Mar 12, 2026 | Bitzer Jeffrey D | Sale | 19,459 | $2.44 | $47.5K | Form 4 |
| Mar 6, 2025 | Spindler GaroldInterim CEO | Sale | 57,842 | $3.33 | $192.6K | Form 4 |
| Mar 6, 2025 | Bitzer Jeffrey D | Sale | 3,713 | $3.33 | $12.4K | Form 4 |
| Aug 22, 2024 | Pollard EmmaChief P&S Officer | Sale | 6,462 | $8.75 | $56.5K | Form 4 |
| Mar 18, 2024 | Ziems GerhardGroup CFO & HSI | Sale | 8,053 | $12.64 | $101.8K | Form 4 |
| Mar 8, 2024 | Spindler GaroldInterim CEO | Sale | 23,961 | $9.04 | $216.6K | Form 4 |
| Mar 8, 2024 | Bitzer Jeffrey D | Sale | 2,000 | $9.04 | $18.1K | Form 4 |
| Mar 31, 2023 | Bitzer Jeffrey D | Sale | 435 | $10.73 | $4.7K | Form 4 |
| Mar 31, 2023 | Spindler GaroldInterim CEO | Sale | 2,081 | $10.73 | $22.3K | Form 4 |
| Nov 30, 2022 | Meyering Christopher PVP & CLO | Buy | 3,400 | $14.50 | $49.3K | Form 4 |
| Nov 24, 2022 | Ziems GerhardGroup CFO & HSI | Sale | 20,505 | $12.77 | $261.8K | Form 4 |
| Aug 16, 2022 | Meyering Christopher PVP & CLO | Buy | 6,600 | $12.35 | $81.5K | Form 4 |
| Mar 2, 2022 | AustralianSuper Pty Ltd10% owner | Sale | 30,000,000 | $1.05 | $31.5M | Form 4 |
| Feb 23, 2022 | AustralianSuper Pty Ltd10% owner | Sale | 2,330,954 | $1.10 | $2.6M | Form 4 |
| Feb 22, 2022 | AustralianSuper Pty Ltd10% owner | Sale | 359,235 | $1.09 | $391.6K | Form 4 |
| Feb 18, 2022 | AustralianSuper Pty Ltd10% owner | Sale | 151,356 | $1.08 | $163.5K | Form 4 |
| Feb 14, 2022 | AustralianSuper Pty Ltd10% owner | Sale | 714,207 | $1.09 | $778.5K | Form 4 |
| Feb 11, 2022 | AustralianSuper Pty Ltd10% owner | Sale | 389,262 | $1.09 | $424.3K | Form 4 |
All 29 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- AustralianSuper Pty LtdSCHEDULE 13G/A, 6 filings Jan 25, 2022 to Aug 11, 202538
- Coronado Group LLCSC 13D/A, 2 filings Feb 24, 2022 to Oct 2, 202339
Links
- WikidataQ109626966
- SEC EDGARCIK 1770561
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARGarold Spindler, Chair
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- 25SEC EDGARSandeep Deoji, Interim PFO & PAO
- 26
- 27SEC EDGAREmma Pollard, VP of People & Culture
- 28SEC EDGARAimee R. Allen, Board member
- 29SEC EDGARJan C. Wilson, Board member
- 30SEC EDGARErnie Thrasher, Board member
- 31SEC EDGARGreg Pritchard, Board member
- 32SEC EDGARLaura L. Tyson, Board member
- 33SEC EDGARPhilip Christensen, Board member
- 34SEC EDGARWilliam Koeck, Board member
- 35SEC EDGARPhilip H. Peacock, General counsel
- 36
- 37SEC EDGARRichard D. Rose, General counsel
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- 39