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 -7.4%, while the Metals and Mining industry saw earnings growing at 22.7% annually.
Key information
-7.4%
Earnings growth rate
5.3%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | n/a |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
The Metals Company: High-Potential Deep-Sea Mining Company, But Regulatory And Financial Uncertainty Remain
Oct 17TMC the metals: A Speculative Buy Where Patience Could Benefit The Brave
Jun 14TMC signs labor neutrality agreement with UAW
Sep 30TMC the metals company: Profiling A Lottery Ticket
Aug 22In For A Nickel With TMC The Metals Company
Mar 17TMC The Metals Company: Not A Story I Believe, Sadly
Mar 07TMC The Metals Company: Pressing Environmental Concerns
Dec 07Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 0 | -99 | 98 | 0 |
| 30 Jun 24 | 0 | -91 | 91 | 0 |
| 31 Mar 24 | 0 | -85 | 84 | 0 |
| 31 Dec 23 | 0 | -74 | 72 | 0 |
| 30 Sep 23 | 0 | -150 | 150 | 0 |
| 30 Jun 23 | 0 | -165 | 166 | 0 |
| 31 Mar 23 | 0 | -164 | 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 7.4% 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 (-29.4%).
Return on Equity
High ROE: TMC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.