TMC the metals company Inc. (TMC)

The Metals Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-295.51	-81.94	-73.78	-170.96	-141.3	-56.63
Depreciation & Amortization	0.26	0.36	0.36	0.42	0.45	0.56
Loss (Gain) on Equity Investments	0.47	0.23	0.57	-	-	-
Stock-Based Compensation	68.45	25.31	12.36	20.08	74.57	27.1
Other Operating Activities	186.03	0.17	1.73	67.7	-8.39	0.06
Change in Accounts Receivable	0.99	0.13	0.75	0.96	-3.48	-0.11
Change in Accounts Payable	-2.93	12.28	-1.56	15.2	22.05	2.49
Operating Cash Flow	-45.21	-43.47	-59.57	-66.6	-56.09	-26.53
Capital Expenditures	-0.19	-0.52	-0.58	-1.17	-0.4	-0.61
Cash Acquisitions	-	-	-	-	-3.44	-
Investing Cash Flow	0.16	-0.52	-0.58	-1.17	-3.84	-0.61
Short-Term Debt Issued	-	2	-	-	-	-
Long-Term Debt Issued	-	11.78	-	-	26	-
Total Debt Issued	2.6	13.78	-	-	26	-
Short-Term Debt Repaid	-	-2	-	-	-	-
Total Debt Repaid	-11.78	-2	-	-	-	-
Net Debt Issued (Repaid)	-9.18	11.78	-	-	26	-
Issuance of Common Stock	170.88	29.27	16.25	30.59	4.24	21.29
Repurchase of Common Stock	-	-	-	-0.07	-	-
Other Financing Activities	-0.93	-0.36	3.82	-0.8	104.47	-
Financing Cash Flow	160.78	40.69	20.07	29.72	134.7	21.29
Foreign Exchange Rate Adjustments	-0.43	-0.07	0.05	0.05	0.01	-0.01
Net Cash Flow	115.29	-3.36	-40.03	-38	74.78	-5.86
Free Cash Flow	-45.4	-43.98	-60.15	-67.77	-56.49	-27.14
Free Cash Flow Per Share	-0.13	-0.14	-0.21	-0.28	-0.28	-0.15
Levered Free Cash Flow	-2.15	-14.1	-42.63	-73.5	-0.86	-2.43
Unlevered Free Cash Flow	-2.15	-14.1	-42.63	-73.5	-0.24	-2.43
Change in Working Capital	-1.94	12.4	-0.81	16.16	18.57	2.38

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q