TMC the metals Co Inc.

TMC the metals Co Inc.TMCEarnings & Financial Report

Nasdaq · Materials · Metal Mining

The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. The company focuses on the mining of polymetallic nodules in the Clarion Clipperton Zone of the Pacific.

TMC Q4 FY2025 Key Financial Metrics

Revenue

$1.3M

Gross Profit

N/A

Operating Profit

$-44.7M

Net Profit

$-40.4M

Gross Margin

N/A

Operating Margin

-3470.9%

Net Margin

-3136.5%

YoY Growth

2425.5%

EPS

$0.11

TMC the metals Co Inc. Q4 FY2025 Financial Summary

TMC the metals Co Inc. reported revenue of $1.3M (up 2425.5% YoY) for Q4 FY2025, with a net profit of $-40.4M (down 151.5% YoY) (-3136.5% margin).

Key Financial Metrics

Total Revenue$1.3M
Net Profit$-40.4M
Gross MarginN/A
Operating Margin-3470.9%
Report PeriodQ4 FY2025

TMC the metals Co Inc. Annual Revenue by Year

TMC the metals Co Inc. annual revenue history includes year-by-year totals (for example, 2022 revenue was $1.1M).

YearAnnual Revenue
2022$1.1M

TMC the metals Co Inc. Quarterly Revenue & Net Profit History

TMC the metals Co Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$1.3M+2425.5%$-40.4M-3136.5%
Q3 FY2025$1.3M+19028.6%$-184.5M-13780.2%
Q4 FY2023$205.0K-63.8%$-33.5M-16321.5%
Q3 FY2023$319.0K-9.4%$-12.5M-3908.2%
Q1 FY2023$454.0K$-13.7M-3028.2%
Q4 FY2022$567.0K$-109.6M-19324.3%
Q3 FY2022$352.0K+202.9%$-27.9M-7924.4%
Q2 FY2022$192.0K$-12.4M-6450.0%

Income Statement

Q2 2022Q3 2022Q4 2022Q1 2023Q3 2023Q4 2023Q3 2025Q4 2025
Revenue$192000$352000$567000$454000$319000$205000$1.3M$1.3M
YoY GrowthN/A202.9%N/AN/A-9.4%-63.8%19028.6%2425.5%

Balance Sheet

Q2 2022Q3 2022Q4 2022Q1 2023Q3 2023Q4 2023Q3 2025Q4 2025
AssetsN/A$117.2M$94.8M$85.5M$87.8M$68.9M$175.6M$181.6M
LiabilitiesN/A$38.1M$53.3M$43.7M$46.2M$58.0M$216.2M$215.1M
Equity$73.7M$79.1M$41.5M$41.8M$41.6M$10.9M$-40.6M$-33.4M

Cash Flow

Q2 2022Q3 2022Q4 2022Q1 2023Q3 2023Q4 2023Q3 2025Q4 2025
Operating CF$-22.6M$-8.6M$-19.8M$-23.5M$-12.5M$-15.2M$-11.5M$-11.4M