Lithium Americas Corp

NYSE:LACUnited StatesView on Canadian Exchange

The Company expressly disclaims any obligation to update FLI as a result of new information, future events or otherwise, except as and to the extent required by applicable securities laws. Forward-looking financial information also constitutes FLI within the context of applicable securities laws and as such, is subject to the same risks, uncertainties and assumptions as are set out in the cautionary note above.

(loss) (6,888) 7,425 20,692 72 (21) 21,280 Earnings of unconsolidated operations 37,834 3,935 286 (1) -- 42,054 Business interruption insurance recoveries 13,612 -- -- -- -- 13,612 (Gain) loss on sale of assets (87) (302) (4,512) (8) -- (4,909) Operating expenses* 22,357 6,696 3,781 17,199 -- 50,033 --------------- --------------- --------------- --------------- ---------------- --------------- Operating profit (loss) $ 22,288 $ 4,966 $ 21,709 $ (17,120) $ (21) $ 31,822 =============== =============== =============== =============== ================ =============== Segment Adjusted EBITDA** --------------- Operating profit (loss) $ 22,288 $ 4,966 $ 21,709 $ (17,120) $ (21) $ 31,822 Depreciation, depletion and amortization 7,264 7,362 3,408 916 -- 18,950 --------------- --------------- --------------- --------------- ---------------- --------------- Segment Adjusted EBITDA** $ 29,552 $ 12,328 $ 25,117 $ (16,204) $ (21) $ 50,772 =============== =============== =============== =============== ================ =============== Nine Months Ended September 30, 2023 ----------------------------------------------------------------------------------------------------- North American Minerals Unallocated Coal Mining Mining Management Items Eliminations Total --------------- --------------- --------------- --------------- ---------------- --------------- (In thousands) Revenues $ 65,661 $ 64,071 $ 23,203 $ 6,785 $ (1,683) $ 158,037 Cost of sales 85,966 58,411 3,026 4,675 (1,631) 150,447 --------------- --------------- --------------- --------------- ---------------- --------------- Gross profit (loss) (20,305) 5,660 20,177 2,110 (52) 7,590 Earnings of unconsolidated operations 33,687 3,975 -- -- -- 37,662 (Gain) loss on sale of assets (168) -- 87 -- -- (81) Operating expenses* 22,609 5,725 3,147 16,555 -- 48,036 --------------- --------------- --------------- --------------- ---------------- --------------- Operating profit (loss) $ (9,059) $ 3,910 $ 16,943 $ (14,445) $ (52) $ (2,703) =============== =============== =============== =============== ================ =============== Segment Adjusted EBITDA** --------------- Operating profit (loss) $ (9,059) $ 3,910 $ 16,943 $ (14,445) $ (52) $ (2,703) Depreciation, depletion and amortization 12,924 5,799 2,328 378 -- 21,429 --------------- --------------- --------------- --------------- ---------------- --------------- Segment Adjusted EBITDA** $ 3,865 $ 9,709 $ 19,271 $ (14,067) $ (52) $ 18,726 =============== =============== =============== =============== ================ =============== * Operating expenses consist of Selling, general and administrative expenses and Amortization of intangible assets. ** Segment Adjusted EBITDA is a non-GAAP measure and should not be considered in isolation or as a substitute for GAAP measures. NACCO defines Segment Adjusted EBITDA as operating profit (loss) before depreciation, depletion and amortization expense. Segment Adjusted EBITDA is not a measure under U.S. GAAP and is not necessarily comparable with similarly titled measures of other companies.