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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›TMC›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

TMC the metals Co Inc. (TMC) financials

Income statement

TMC the metals Co Inc. (TMC) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating income—-$56.6M-$150M-$174M-$72.4M-$81.3M-$140M
Net income-$9.04K-$56.6M-$141M-$171M-$73.8M-$81.9M-$320M
EPS (diluted)—$0.32$0.69$0.71$0.26$0.25$0.83

Cash flow

TMC the metals Co Inc. (TMC) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow—-$26.5M-$56.1M-$66.6M-$59.6M-$43.5M-$42.9M
Capital expenditures————$578K$515K$245K
Free cash flow————-$60.2M-$44.0M-$43.1M

Balance sheet

TMC the metals Co Inc. (TMC) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$16.0M$10.1M$84.9M$46.9M$6.84M$3.48M$118M
Total assets$120K$54.7M$133M$94.8M$68.9M$63.0M$182M
Total liabilities$104K$18.4M$40.4M$53.3M$58.0M$80.1M$215M
Shareholders' equity$16.0K$36.3M$92.8M$41.5M$10.9M-$17.1M-$33.4M
Retained earnings-$9.04K-$163M-$304M-$475M-$549M-$631M-$951M
Shares (wtd avg diluted)—179M205M240M289M322M385M

Every figure is extracted from TMC the metals Co Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is TMC the metals Co Inc.'s free cash flow?
-$43.1M in FY2025 (operating cash flow -$42.9M minus $245K of capital expenditures), from the SEC cash-flow statement.
Does TMC pay a dividend?
TMC the metals Co Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full TMC analysis — verdict, score & filings →Is TMC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.