NASDAQ$TMC
Tmc The Metals Co Inc · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
TMC reported a net loss of $20.6 million in Q1 2025, reflecting continued investment in exploration and administrative activities.
TMC the metals company Inc. incurred a net loss of $20,588,000 or $0.06 per share for Q1 2025. Cash used in operations totaled $9,347,000 and the company ended the quarter with $2,346,000 in cash. The reported loss reflects ongoing exploration, share-based compensation, and general administrative expenses.
- Net loss for Q1 2025 was $20,588,000 or $0.06 per share.
- Operating loss totaled $18,015,000 driven by exploration and administrative expenses.
- Cash used in operations was $9,347,000, leaving $2,346,000 in cash at quarter-end.
- TMC raised $10,562,000 from equity offerings during the quarter to support operations.
Headline financials
Revenue & EPS history
Tmc · Revenue · Quarterly
$0
Forward guidance
TMC expects upcoming U.S. regulatory actions and the completion of its Pre-Feasibility Study to support its path to commercial mineral recovery and long-term valuation clarity.
Tailwinds
- Submitted first-ever U.S. application for commercial recovery of deep-sea minerals.
- Raised $37 million through a strategic equity offering with prominent investors.
- PAMCO smelting trials validated scalability of nodule processing.
- Expected completion of Pre-Feasibility Study next quarter.
- Continued alignment with U.S. government to expedite permitting processes.
Headwinds
- Operating expenses remain elevated due to development activities.
- General and administrative costs increased YoY to $8.5 million.
- Short-term debt of $10 million persists on balance sheet.
- Share-based compensation and amortization costs impact profitability.
- Revenue generation remains absent during pre-commercial phase.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
+0.3%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+0.8%
Avg return
30 days after
45%
9 / 20 earnings
Positive
+31.8%
Q2 2023
Best reaction
-24.5%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -7.6% | -10.5% | -4.7% | |
| Q3 2025 | -1.6% | +3.5% | +28.4% | |
| Q2 2025 | -9.4% | -13.7% | +2.0% | |
| Q1 2025 | +10.0% | +49.5% | +45.2% | |
| Q4 2024 | +16.9% | +6.0% | +79.5% | |
| Q3 2024 | +4.0% | -4.4% | -16.3% | |
| Q2 2024 | +17.0% | +11.7% | +0.0% | |
| Q1 2024 | +0.0% | -5.5% | -3.4% | |
| Q4 2023 | -17.2% | -12.3% | -1.8% | |
| Q3 2023 | -5.7% | +5.7% | +5.7% | |
| Q2 2023 | +31.8% | +9.1% | +9.1% | |
| Q1 2023 | -5.0% | -5.3% | +17.7% | |
| Q4 2022 | -5.4% | -16.9% | +5.6% | |
| Q3 2022 | -6.9% | -8.8% | -20.7% | |
| Q2 2022 | +7.0% | -11.5% | +0.0% | |
| Q1 2022 | -13.6% | -4.8% | -4.8% | |
| Q4 2021 | -24.5% | -12.3% | -6.4% | |
| Q1 2021 | +6.6% | +17.8% | -42.9% | |
| Q4 2020 | +6.6% | +17.8% | -42.9% | |
| Q3 2021 | +1.8% | +8.6% | -34.2% |
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