It recorded a net loss of $319.8 million. Diluted earnings per share were $0.83.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2024
Jun 30, 2024
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
|---|---|---|---|---|---|---|---|
| Selling, general and administrative |
26
|
100
+225.6%
|
31
+36.0%
|
23
-23.6%
|
30
-47.8%
|
57
-81.6%
|
308
|
| Operating income |
-91
|
-140
-72.3%
|
-81
-12.3%
|
-72
+58.4%
|
-174
-16.4%
|
-150
-164.3%
|
-57
|
| Pretax income |
—
|
-320
-290.4%
|
-82
-11.1%
|
-74
+56.8%
|
-171
|
—
|
—
|
| Income tax |
—
|
0
+200.0%
|
0
+17.1%
|
0
-46.8%
|
0
|
—
|
—
|
| Net income |
-91
|
-320
-290.3%
|
-82
-11.1%
|
-74
+56.8%
|
-171
-21.0%
|
-141
-149.5%
|
-57
|
| Basic EPS |
-0.30
|
0.83
+232.0%
|
0.25
-3.8%
|
0.26
-63.4%
|
0.71
+2.9%
|
0.69
|
—
|
| Diluted EPS |
-0.30
|
0.83
+232.0%
|
0.25
-3.8%
|
0.26
-63.4%
|
0.71
+2.9%
|
0.69
|
—
|
| Weighted average shares, basic |
308
|
385
+19.5%
|
322
+11.5%
|
289
+20.3%
|
240
+17.1%
|
205
|
—
|
| Weighted average shares, diluted |
308
|
385
+19.5%
|
322
+11.5%
|
289
+20.3%
|
240
+17.1%
|
205
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Metal Mining (SIC 1000)
- Listed as
- TMC (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- British Columbia, Canada
- Headquarters
- Vancouver, British Columbia, Canada
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1798562
- Former names
- Sustainable Opportunities Acquisition Corp. (until Sep 9, 2021)
Other Metal Mining companies
- BHP Group Ltd BHP
- Rio Tinto Ltd RTNTF
- Southern Copper CORP/ SCCO
- Rio Tinto PLC RIO
- Freeport-Mcmoran Inc FCX
- Vale S.A. VALE
- Hudbay Minerals Inc. HBM
- Cleveland-Cliffs Inc. CLF
Source: SEC EDGAR filings. This is company-reported data, not investment advice.