TMC the metals company Inc.

TMC the metals company Inc.

TMCWW
TMC the metals company Inc.US flagNASDAQ Global Select
0.38
USD
-0.02
- -
162.46MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-57
-141
-171
-74
-82
-320
-320
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
Working Capital
2
62
8
-23
-49
61
66
LT Debt
- -
- -
- -
- -
- -
- -
- -
Total Equity
36
93
42
11
-17
-33
-27
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
409
423
433
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
117
121
123
Cash, Cash Equivalents & STI
116
118
120
Accounts Receivable, Net
2
- -
3
Inventories
- -
- -
- -
Total Current Liabilities
47
59
57
Payables & Accruals
47
46
54
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-26.9%
95.37%
Free Cash Flow
- -
17.6%
-2.02%
Net Income, GAAP
- -
83.01%
290.32%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Gerard Barron
Full Time Employees
47
Sector
Basic Materials
Industry
Industrial Materials
Address
595 Howe Street Vancouver Canada V6C 2T5
IPO Date
Sep 14, 2021
Website
metals.co
Business
TMC the metals company Inc. (TMC) is a deep-sea minerals exploration and development company focused on the collection, processing, and refining of polymetallic nodules from the seafloor in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean; these nodules yield high-grade nickel sulfate and intermediates for battery cathode precursors, copper cathode for electric wiring and energy transmission, and manganese silicate feedstock for alloy production in steel manufacturing; the company's products target electric vehicle batteries, energy storage systems, renewable energy infrastructure, defense applications, and industrial manufacturing sectors. TMC holds exploration and commercial rights through subsidiaries in two key CCZ contract areas, including the NORI areas sponsored by Nauru and the TOML areas sponsored by Tonga; it operates primarily in international waters approximately 1,300 nautical miles southwest of San Diego, California, with onshore processing development targeted for the United States; founded in 2011 and headquartered in Vancouver, British Columbia, Canada, TMC went public in 2021 via a business combination and maintains strategic partnerships with entities like Allseas for nodule collection technology. In recent developments, TMC published SEC S-K 1300-compliant technical reports in August 2025, including a world-first Pre-Feasibility Study (PFS) for the NORI-D project declaring 51 million tonnes of probable mineral reserves with a $5.5 billion NPV and targeting commercial production start in Q4 2027, alongside an Initial Assessment of broader NORI and TOML resources showing a combined $23.6 billion NPV; the company secured an $85.2 million strategic equity investment from Korea Zinc in June 2025, enhancing refining capabilities for its intermediates, and completed a $37 million registered direct offering led by key investors including Michael Hess and Allseas; TMC also renewed sponsorship agreements with Nauru in June 2025 and Tonga in August 2025 to ensure continuity benefits under U.S. regulatory pathways, received full compliance notice from NOAA for TMC USA's exploration licenses in August 2025 advancing toward certification, and appointed Michael Hess and Alex Spiro to its board in June 2025 to support U.S. strategy execution.

Company News

APIChat
  • TMC the metals company Inc. (TMC) Q1 2026 Earnings Call Transcript

  • Short Interest in TMC the metals company Inc. (NASDAQ:TMCWW) Expands By 181.5%