MP Materials Corp.

MPMP Materials Corp. US flag

New York Stock Exchange

41.30

USD

-3.35

- -

7.35BMarket Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	73	134	332	528	253	204	224
+ Sales & Services Revenue	73	134	332	528	253	204	224
- Cost of Revenue	68	73	101	111	148	271	282
+ Cost of Goods & Services	68	73	101	111	148	271	282
Gross Profit	6	61	231	417	105	-67	-58
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	13	29	66	82	101	97	87
+ Selling, General & Admin	11	27	57	76	79	83	112
+ Research & Development	- -	- -	4	4	15	9	24
+ Other Operating Expense	2	2	5	2	7	4	-49
Operating Income (Loss)	-8	32	166	335	4	-164	-145
- Non-Operating (Income) Loss	-1	71	6	-6	-29	-70	-27
+ Interest Expense, Net	3	5	9	6	5	23	31
+ Interest Expense	3	5	9	6	5	23	31
- Interest Income	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-4	67	-3	-12	-35	-93	-59
Pretax Income	-7	-39	160	341	33	-93	-118
- Income Tax Expense (Benefit)	- -	-18	25	52	9	-28	-32
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-7	-22	135	289	24	-65	-86
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-7	-22	135	289	24	-65	-86
- Minority Interest	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-7	-22	135	289	24	-65	-86
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-7	-22	135	289	24	-65	-86
EBIT	-8	32	166	335	4	-164	-145
EBITDA	-3	39	190	353	59	-86	-56
EBITDA Margin (%)	-4	29	57.27	66.98	23.41	-42.03	-24.87
EBITA	-8	32	166	335	4	-164	-145
Gross Margin (%)	7.6	45.55	69.68	79.04	41.44	-32.76	-25.67
Operating Margin (%)	-10.38	23.84	49.92	63.5	1.42	-80.32	-64.64
Profit Margin (%)	-9.2	-16.25	40.68	54.79	9.59	-32.09	-38.26
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	5	7	24	18	56	78	89
Basic Weighted Avg Shares	69	80	173	177	177	167	170
Basic EPS, GAAP	-0.1	-0.27	0.78	1.64	0.14	-0.39	-0.5
Basic EPS from Cont Ops	-0.1	-0.27	0.78	1.64	0.14	-0.39	-0.5
Diluted Weighted Avg Shares	69	80	190	193	178	170	170
Diluted EPS, GAAP	-0.1	-0.27	0.71	1.49	0.14	-0.39	-0.5
Diluted EPS from Cont Ops	-0.1	-0.27	0.71	1.49	0.14	-0.39	-0.5

Balance Sheet (USD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	27	561	1,277	1,294	1,131	1,031	2,166
+ Cash, Cash Equivalents & STI	3	520	1,179	1,182	998	851	1,830
+ Cash & Cash Equivalents	3	520	1,179	137	263	282	1,166
+ ST Investments	- -	- -	- -	1,046	734	568	664
+ Accounts & Notes Receiv	- -	4	51	33	30	63	147
+ Accounts Receivable, Net	- -	4	51	33	10	19	15
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	20	44	132
+ Inventories	23	32	39	58	95	108	172
+ Raw Materials	4	5	11	29	42	48	56
+ Work In Process	16	25	26	2	15	14	52
+ Finished Goods	3	3	2	27	38	45	63
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	6	8	21	8	10	17
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	74	513	613	944	1,205	1,302	1,698
+ Property, Plant & Equip, Net	47	503	611	936	1,168	1,260	1,383
+ Property, Plant & Equip	55	518	650	995	1,283	1,452	1,656
- Accumulated Depreciation	8	15	40	59	115	192	273
+ LT Investments & Receivables	- -	- -	- -	- -	10	- -	- -
+ LT Investments	- -	- -	- -	- -	10	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	27	10	2	8	27	42	315
+ Total Intangible Assets	- -	- -	- -	- -	9	7	6
+ Goodwill	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	9	7	6
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	27	10	2	8	19	35	309
Total Assets	102	1,074	1,890	2,238	2,336	2,334	3,864
+ Payables & Accruals	14	16	39	93	102	88	132
+ Accounts Payable	- -	16	36	15	28	24	37
+ Accrued Taxes	- -	- -	3	21	3	4	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	14	- -	- -	57	71	61	93
+ ST Debt	5	25	16	- -	- -	- -	67
+ ST Borrowings	4	24	16	- -	- -	- -	67
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	12	2	4	4	7	76	100
+ Deferred Revenue	7	- -	- -	- -	- -	57	74
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	6	2	4	4	7	19	26
Total Current Liabilities	31	43	60	97	109	164	299
+ LT Debt	14	46	675	678	689	915	940
+ LT Borrowings	14	45	675	678	682	909	931
+ LT Finance Leases	- -	1	1	- -	7	6	8
+ Other LT Liabilities	75	131	146	149	173	200	647
+ Accrued Liabilities	29	87	104	122	148	174	184
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	46	44	42	27	25	26	462
Total Noncurrent Liabilities	89	177	821	828	862	1,115	1,586
Total Liabilities	120	220	881	925	971	1,279	1,885
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	23	916	936	951	980	961	1,971
+ Common Stock	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	23	916	936	951	980	961	1,971
- Treasury Stock	- -	- -	- -	- -	- -	227	227
+ Retained Earnings	-41	-63	72	361	386	320	234
+ Other Equity	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	-18	854	1,009	1,313	1,366	1,055	1,979
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
Total Equity	-18	854	1,009	1,313	1,366	1,055	1,979
Total Liabilities & Equity	102	1,074	1,890	2,238	2,336	2,334	3,864
Shares Outstanding	156	171	178	178	178	163	177
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	1	1	1	- -	7	6	8
Net Debt	15	-450	-488	542	419	626	-167
Net Debt to Equity	-85.01	-52.68	-48.41	41.28	30.65	59.37	-8.45
Tangible Common Equity Ratio	-17.7	79.48	53.38	58.66	58.3	45.03	51.13
Current Ratio	0.88	13.03	21.44	13.27	10.42	6.29	7.24
Cash Conversion Cycle	- -	107.62	70.25	115.87	176.19	129.41	176.1

Cash Flow Statement (USD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-7	-22	135	289	24	-65	-86
+ Depreciation & Amortization	5	7	24	18	56	78	89
+ Non-Cash Items	- -	38	-6	32	15	-57	-23
+ Stock-Based Compensation	- -	5	23	32	25	23	30
+ Deferred Income Taxes	- -	-18	17	18	8	-28	-30
+ Asset Impairment Charge	- -	- -	2	- -	2	22	3
+ Other Non-Cash Adj	- -	51	-48	-18	-21	-74	-26
+ Chg in Non-Cash Work Cap	2	-20	-52	4	-32	58	-136
+ (Inc) Dec in Accts Receiv	- -	-3	-47	16	6	-32	-84
+ (Inc) Dec in Inventories	-10	-9	-8	-24	-47	-42	-115
+ (Inc) Dec in Prepaid Assets	- -	2	-4	-6	-1	-2	-9
+ Inc (Dec) in Accts Payable	6	-4	9	20	-10	1	10
+ Inc (Dec) in Other	5	-5	-1	-1	19	132	62
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	3	102	344	63	13	-156
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	8	- -	- -	- -	- -	- -	4
+ Disp of Fixed Prod Assets	8	- -	- -	- -	- -	- -	4
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-2	-22	-124	-327	-262	-186	-172
+ Acq of Fixed Prod Assets	-2	-22	-124	-327	-262	-186	-172
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	545	- -	- -	- -	-225	716
+ Increase in Capital Stock	- -	545	- -	- -	- -	- -	748
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	-225	-31
+ Net Change in LT Investment	- -	- -	- -	-1,036	337	196	-72
+ Dec in LT Investment	- -	- -	- -	1,744	1,523	1,764	1,747
+ Inc in LT Investment	- -	- -	- -	-2,780	-1,185	-1,568	-1,819
+ Net Cash From Acq & Div	- -	- -	- -	- -	-10	- -	10
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	10
+ Cash for Acq of Subs	- -	- -	- -	- -	-10	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	4	5	3	- -	24
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	6	-22	-119	-1,357	69	10	-206
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-4	19	688	-6	-3	316	55
+ Cash From Debt	7	39	690	- -	- -	748	62
+ Repayments of Debt	-11	-20	-2	-6	-3	-431	-6
+ Other Financing Activities	- -	-41	-21	-18	-7	-96	474
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-4	522	666	-24	-10	-5	1,246
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	1	503	649	-1,038	121	19	884
EBITDA	-3	39	190	353	59	-86	-56
EBITDA Margin (%)	-4	29	57.27	66.98	23.41	-42.03	-24.87
Free Cash Flow	-3	-19	-22	17	-199	-173	-328
Net Cash Paid for Acquisitions	- -	- -	- -	- -	10	- -	-10
Free Cash Flow to Firm	- -	- -	-14	22	-195	- -	- -
Free Cash Flow to Equity	- -	- -	666	11	-202	143	-269
Free Cash Flow per Basic Share	-0.04	-0.24	-0.13	0.1	-1.12	-1.04	-1.93
Price/Free Cash Flow	- -	99.96	38.18	7.01	10.89	13.27	517.14
Cash Flow to Net Income	0.06	-0.15	0.76	1.19	2.58	-0.2	1.81
Capital Expenditures	-2	-22	-124	-327	-262	-186	-172