TMC the metals Past Earnings Performance
Past criteria checks 0/6
TMC the metals's earnings have been declining at an average annual rate of -15.8%, while the Metals and Mining industry saw earnings growing at 23.1% annually.
Key information
-15.8%
Earnings growth rate
-2.6%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | n/a |
| Return on equity | -675.8% |
| Net Margin | n/a |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How TMC the metals makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 0 | -74 | 72 | 0 |
| 30 Sep 23 | 0 | -136 | 150 | 0 |
| 30 Jun 23 | 0 | -152 | 166 | 0 |
| 31 Mar 23 | 0 | -150 | 172 | 0 |
| 31 Dec 22 | 0 | -171 | 174 | 0 |
| 30 Sep 22 | 0 | -81 | 86 | 0 |
| 30 Jun 22 | 0 | -90 | 94 | 0 |
| 31 Mar 22 | 0 | -107 | 105 | 0 |
| 31 Dec 21 | 0 | -141 | 144 | 0 |
| 30 Sep 21 | 0 | -139 | 138 | 0 |
| 30 Jun 21 | 0 | -109 | 108 | 0 |
| 31 Mar 21 | 0 | -99 | 99 | 0 |
| 31 Dec 20 | 0 | -57 | 57 | 0 |
Quality Earnings: TMC is currently unprofitable.
Growing Profit Margin: TMC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TMC is unprofitable, and losses have increased over the past 5 years at a rate of 15.8% per year.
Accelerating Growth: Unable to compare TMC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TMC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-30.4%).
Return on Equity
High ROE: TMC has a negative Return on Equity (-675.77%), as it is currently unprofitable.