TMC: Tmc The Metals Co Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Tmc The Metals Co Inc (TMC).
$363.17M Market Cap.
TMC Market Cap. (MRY)
TMC Shares Outstanding (MRY)
TMC Assets (MRY)
Total Assets
$63.00M
Total Liabilities
$80.12M
Total Investments
$8.20M
TMC Income (MRY)
Revenue
$0
Net Income
-$81.94M
Operating Expense
$81.29M
TMC Cash Flow (MRY)
CF Operations
-$43.47M
CF Investing
-$515.00K
CF Financing
$40.69M
TMC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $62,998,000 (-8.56%) | $68,896,000 (-27.31%) | $94,777,000 (-28.81%) | $133,125,000 (143.44%) |
Assets Current | $5,331,000 (-39.56%) | $8,820,000 (-82.22%) | $49,602,000 (-43.99%) | $88,559,000 (766.10%) |
Assets Non-Current | $57,667,000 (-4.01%) | $60,076,000 (32.99%) | $45,175,000 (1.37%) | $44,566,000 (0.24%) |
Goodwill & Intangible Assets | $1,928,000 (-95.70%) | $44,793,000 (3.81%) | $43,150,000 (0.00%) | $43,150,000 (0.00%) |
Shareholders Equity | -$17,118,000 (-256.79%) | $10,918,000 (-73.69%) | $41,505,000 (-55.25%) | $92,751,000 (155.84%) |
Property Plant & Equipment Net | $47,536,000 (593.55%) | $6,854,000 (238.47%) | $2,025,000 (43.01%) | $1,416,000 (8.09%) |
Cash & Equivalents | $3,480,000 (-49.14%) | $6,842,000 (-85.40%) | $46,876,000 (-44.77%) | $84,873,000 (740.66%) |
Accumulated Other Comprehensive Income | -$1,203,000 (1.07%) | -$1,216,000 (0.00%) | -$1,216,000 (0.00%) | -$1,216,000 (0.00%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $8,203,000 (-2.68%) | $8,429,000 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $8,203,000 (-2.68%) | $8,429,000 (0%) | $0 (0%) | $0 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $1,851,000 (-6.42%) | $1,978,000 (-27.44%) | $2,726,000 (-26.04%) | $3,686,000 (2757.36%) |
Trade & Non-Trade Payables | $42,754,000 (36.45%) | $31,334,000 (-24.70%) | $41,614,000 (56.60%) | $26,573,000 (515.69%) |
Accumulated Retained Earnings (Deficit) | -$631,435,000 (-15.04%) | -$548,902,000 (-15.53%) | -$475,121,000 (-56.21%) | -$304,157,000 (-86.76%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $10,675,000 (0.00%) | $10,675,000 (0.00%) | $10,675,000 (0.00%) | $10,675,000 (0.00%) |
Total Debt | $11,775,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Current | $11,775,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Liabilities | $80,116,000 (38.18%) | $57,978,000 (8.83%) | $53,272,000 (31.95%) | $40,374,000 (119.05%) |
Liabilities Current | $54,529,000 (74.03%) | $31,334,000 (-24.70%) | $41,614,000 (56.60%) | $26,573,000 (242.61%) |
Liabilities Non-Current | $25,587,000 (-3.97%) | $26,644,000 (128.55%) | $11,658,000 (-15.53%) | $13,801,000 (29.28%) |
TMC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $30,644,000 (35.95%) | $22,540,000 (-23.64%) | $29,518,000 (-47.83%) | $56,583,000 (632.66%) |
Research & Development Expense | $50,643,000 (1.59%) | $49,849,000 (-65.53%) | $144,599,000 (55.47%) | $93,006,000 (90.27%) |
Operating Expenses | $81,287,000 (12.29%) | $72,389,000 (-58.43%) | $174,117,000 (16.40%) | $149,589,000 (164.27%) |
Interest Expense | $2,602,000 (233.16%) | $781,000 (0%) | $0 (0%) | $1,003,000 (1992.45%) |
Income Tax Expense | $48,000 (17.07%) | $41,000 (-46.75%) | $77,000 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$81,943,000 (-11.06%) | -$73,781,000 (56.84%) | -$170,964,000 (-20.99%) | -$141,299,000 (-149.51%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$81,943,000 (-11.06%) | -$73,781,000 (56.84%) | -$170,964,000 (-20.99%) | -$141,299,000 (-149.51%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$81,943,000 (-11.06%) | -$73,781,000 (56.84%) | -$170,964,000 (-20.99%) | -$141,299,000 (-149.51%) |
Weighted Average Shares | $321,875,050 (11.51%) | $288,643,700 (20.33%) | $239,867,019 (17.05%) | $204,926,931 (14.76%) |
Weighted Average Shares Diluted | $321,875,050 (11.51%) | $288,643,700 (20.33%) | $239,867,019 (17.05%) | $204,926,931 (14.76%) |
Earning Before Interest & Taxes (EBIT) | -$79,293,000 (-8.68%) | -$72,959,000 (57.31%) | -$170,887,000 (-21.80%) | -$140,296,000 (-147.51%) |
Gross Profit | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Income | -$81,287,000 (-12.29%) | -$72,389,000 (58.43%) | -$174,117,000 (-16.40%) | -$149,589,000 (-164.27%) |
TMC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$515,000 (10.90%) | -$578,000 (50.56%) | -$1,169,000 (69.57%) | -$3,842,000 (-532.95%) |
Net Cash Flow from Financing | $40,686,000 (102.76%) | $20,066,000 (-32.49%) | $29,722,000 (-77.93%) | $134,701,000 (532.64%) |
Net Cash Flow from Operations | -$43,468,000 (27.03%) | -$59,573,000 (10.56%) | -$66,603,000 (-18.74%) | -$56,092,000 (-111.41%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$3,297,000 (91.77%) | -$40,085,000 (-5.35%) | -$38,050,000 (-150.89%) | $74,767,000 (1378.72%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | -$3,440,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$515,000 (10.90%) | -$578,000 (50.56%) | -$1,169,000 (-190.80%) | -$402,000 (33.77%) |
Issuance (Repayment) of Debt Securities | $11,775,000 (0%) | $0 (0%) | $0 (0%) | $26,000,000 (0%) |
Issuance (Purchase) of Equity Shares | $29,268,000 (81.43%) | $16,132,000 (-47.26%) | $30,589,000 (-71.86%) | $108,701,000 (410.53%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$65,000 (-227.45%) | $51,000 (-3.77%) | $53,000 (430.00%) | $10,000 (225.00%) |
Share Based Compensation | $25,313,000 (104.80%) | $12,360,000 (-38.44%) | $20,077,000 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $2,269,000 (96.45%) | $1,155,000 (176.32%) | $418,000 (-7.73%) | $453,000 (-19.54%) |
TMC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | - | - | - | - |
Profit Margin | - | - | - | - |
EBITDA Margin | - | - | - | - |
Return on Average Equity (ROAE) | 706.60% (497.19%) | -177.90% (28.73%) | -249.60% (-6.35%) | -234.70% (52.12%) |
Return on Average Assets (ROAA) | -130.90% (-40.60%) | -93.10% (42.17%) | -161.00% (-20.15%) | -134.00% (-290.67%) |
Return on Sales (ROS) | - | - | - | - |
Return on Invested Capital (ROIC) | 531.10% (-62.35%) | 1410.60% (46.27%) | 964.40% (-82.44%) | 5492.30% (14477.75%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -4.48 (-5.89%) | -4.23 (-289.95%) | -1.08 (64.00%) | -3.01 (-108.96%) |
Price to Sales Ratio (P/S) | - | - | - | - |
Price to Book Ratio (P/B) | -21.22 (-169.01%) | 30.75 (524.14%) | 4.93 (-2.49%) | 5.05 (-54.61%) |
Debt to Equity Ratio (D/E) | -4.68 (-188.14%) | 5.31 (313.55%) | 1.28 (195.17%) | 0.43 (-14.37%) |
Earnings Per Share (EPS) | -0.25 (3.85%) | -0.26 (63.38%) | -0.71 (-2.90%) | -0.69 (-315.63%) |
Sales Per Share (SPS) | 0 (0%) | 0 (0%) | 0 (0%) | 0 (0%) |
Free Cash Flow Per Share (FCFPS) | -0.14 (34.13%) | -0.21 (26.50%) | -0.28 (-2.54%) | -0.28 (-81.58%) |
Book Value Per Share (BVPS) | -0.05 (-239.47%) | 0.04 (-78.03%) | 0.17 (-61.81%) | 0.45 (123.15%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.19 (126.19%) | 0.08 (-60.93%) | 0.21 (-51.03%) | 0.44 (575.38%) |
Enterprise Value Over EBIT (EV/EBIT) | -5 (-25.00%) | -4 (-300.00%) | -1 (66.67%) | -3 (57.14%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -4.83 (-10.75%) | -4.36 (-440.40%) | -0.81 (68.29%) | -2.54 (64.46%) |
Asset Turnover | 0 (0%) | 0 (0%) | 0 (0%) | 0 (0%) |
Current Ratio | 0.1 (-65.12%) | 0.28 (-76.43%) | 1.19 (-64.24%) | 3.33 (152.88%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$43,983,000 (26.88%) | -$60,151,000 (11.25%) | -$67,772,000 (-19.96%) | -$56,494,000 (-108.17%) |
Enterprise Value (EV) | $371,989,170 (18.80%) | $313,129,762 (127.58%) | $137,588,153 (-61.34%) | $355,899,296 (-11.43%) |
Earnings Before Tax (EBT) | -$81,895,000 (-11.06%) | -$73,740,000 (56.85%) | -$170,887,000 (-20.94%) | -$141,299,000 (-149.51%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$77,024,000 (-7.27%) | -$71,804,000 (57.88%) | -$170,469,000 (-21.90%) | -$139,843,000 (-149.18%) |
Invested Capital | $14,836,000 (205.42%) | -$14,073,000 (61.82%) | -$36,863,000 (-71.69%) | -$21,471,000 (-239.89%) |
Working Capital | -$49,198,000 (-118.52%) | -$22,514,000 (-381.85%) | $7,988,000 (-87.11%) | $61,986,000 (2410.57%) |
Tangible Asset Value | $61,070,000 (153.37%) | $24,103,000 (-53.31%) | $51,627,000 (-42.62%) | $89,975,000 (680.02%) |
Market Capitalization | $363,174,170 (8.19%) | $335,677,762 (64.18%) | $204,460,153 (-56.36%) | $468,539,296 (16.12%) |
Average Equity | -$11,596,000 (-127.96%) | $41,470,500 (-39.45%) | $68,489,750 (13.78%) | $60,197,137 (421.06%) |
Average Assets | $62,603,000 (-20.99%) | $79,231,250 (-25.39%) | $106,192,250 (0.72%) | $105,437,110 (-36.08%) |
Invested Capital Average | -$14,930,750 (-188.67%) | -$5,172,250 (70.81%) | -$17,720,250 (-593.71%) | -$2,554,428 (-101.72%) |
Shares | 324,262,652 (6.26%) | 305,161,602 (14.92%) | 265,532,666 (17.88%) | 225,259,277 (500.69%) |