TMC Announces Fourth Quarter and Full Year 2023 Results
TMC the metals company Inc. (TMC)
Company Research
Source: GlobeNewswire
NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and fourth quarter and full year financial results for the period ending December 31, 2023. Q4 2023 and FY 2023 Financial Highlights $15.2 million cash used in operations for the quarter ended December 31, 2023Net loss of $33.5 million and net loss per share of $0.11 for the quarter ended December 31, 2023For the full year 2023, a net loss of $73.8 million or $0.26 per share (compared to $171 million and $0.71 per share in 2022)Total cash on hand of approximately $6.8 million at December 31, 2023, excluding $9 million received in January 2024 as final payment from the Registered Direct Offering announced in August 2023Total pro forma liquidity of approximately $61 million at December 31, 2023, inclusive of: Cash of $6.8 million$9 million of additional gross p
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TMC
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of TMC the metals company Inc. - TMCGlobeNewswire
- TMC & SGS Produce World-First Nickel Sulfate from Deep-Seafloor Polymetallic NodulesGlobeNewswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of TMC the metals company Inc. - TMCPR Newswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of TMC the metals company Inc. - TMCAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of TMC the metals company Inc. - TMCGlobeNewswire
TMC
Earnings
- 3/25/24 - Beat
TMC
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form ARS
- 4/18/24 - Form SC
- TMC's page on the SEC website