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TMC the metals company Inc. (TMC)
NASDAQ:TMC
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.06Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 46.82%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Neutral
The earnings call featured significant achievements, such as the historic application for US permits and successful fundraising, offset by ongoing financial losses and increased expenses. The company's strategic alignment with US government directives and strong environmental data support positive future prospects, but financial challenges persist.Company Guidance
During the Metals Company's First Quarter 2025 Corporate Update Conference Call, the guidance provided included several key metrics and milestones. The company announced a $37 million registered direct offering to bolster its cash balance, bringing its pro forma liquidity to $81 million as of March 31, 2025. The company reported a net loss of $20.6 million or $0.06 per share for the first quarter, a reduction from the $25.2 million loss in the same period of 2024. Exploration and evaluation expenses decreased to $9.5 million from $18.1 million, while G&A expenses increased to $8.5 million from $6.6 million. The company also highlighted a potential 1.6 billion tons of nodules in newly applied exploration areas, containing an estimated 15.5 million tons of nickel, 12.8 million tons of copper, 2 million tons of cobalt, and 345 million tons of manganese. Looking forward, the Metals Company expects to complete its Pre-Feasibility Study (PFS) next quarter and anticipates providing a more detailed permitting timeline following NOAA's review of its applications for exploration licenses and a commercial recovery permit.Accelerated Application for US Permits
The Metals Company submitted the world's first application to the US government for a commercial recovery permit for deep sea minerals in international waters, alongside two exploration license applications under the Deep Seabed Hard Mineral Resources Act.
Successful $37 Million Fundraising
The company raised $37 million through a direct offering from Michael Hess, Brian Paes-Braga, and an existing strategic investor, securing funds to get through the expected review process for a commercial recovery permit.
Strategic US Government Support
The company is exploring funding opportunities from US government departments and agencies, as directed by the recent executive order, to support the development of a strategic domestic supply chain based on deep seabed minerals.
Strong Environmental and Resource Data
The company's applications are supported by one of the largest environmental data sets ever compiled, with over $200 million spent on environmental research.
TMC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TMC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $2.99 | $3.30 | +10.37% |
Mar 27, 2025 | $1.70 | $1.72 | +1.18% |
Nov 14, 2024 | $0.96 | $1.00 | +4.17% |
Aug 14, 2024 | $0.98 | $1.10 | +12.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does TMC the metals company Inc. (TMC) report earnings?
TMC the metals company Inc. (TMC) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is TMC the metals company Inc. (TMC) earnings time?
TMC the metals company Inc. (TMC) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TMC EPS forecast?
TMC EPS forecast for the fiscal quarter 2025 (Q2) is -0.05.
