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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-319.86	-319.84	-81.94	-73.78	-170.96	-141.3
Depreciation & Amortization	0.23	0.25	0.36	0.36	0.42	0.45
Stock-Based Compensation	110.27	96.67	25.31	12.36	20.08	74.57
Other Adjustments	19.29	180.13	0.4	2.3	67.7	-8.39
Changes in Income Taxes Payable	-	-0.09	-0.03	-	-	-
Changes in Other Operating Activities	11.47	0.04	12.44	-0.81	16.16	18.57
Operating Cash Flow	-34.12	-42.85	-43.47	-59.57	-66.6	-56.09
Capital Expenditures	-0.21	-0.25	-0.52	-0.58	-1.17	-0.4
Other Investing Activities	0.17	0.69	-	-	-	-3.44
Investing Cash Flow	0.48	0.45	-0.52	-0.58	-1.17	-3.84
Short-Term Debt Repaid	-3.75	-11.78	-	-	-	-
Net Short-Term Debt Issued (Repaid)	-3.75	-11.78	-	-	-	-
Long-Term Debt Issued	-	-	4.28	-	-	26
Long-Term Debt Repaid	-2.48	-	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-2.48	-	4.28	-	-	26
Issuance of Common Stock	104.91	169.09	29.27	16.25	30.59	108.7
Net Common Stock Issued (Repurchased)	104.91	169.09	29.27	16.25	30.59	108.7
Other Financing Activities	-0.26	-0.73	-0.36	3.82	-0.87	-
Financing Cash Flow	151.01	156.59	40.69	20.07	29.72	134.7
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.04	-0.03	-0.07	0.05	0.05	0.01
Net Cash Flow	117.37	114.18	-3.3	-40.09	-38.05	74.77
Free Cash Flow	-34.33	-43.1	-43.98	-60.15	-67.77	-56.49
Free Cash Flow Per Share	-0.08	-0.11	-0.14	-0.21	-0.28	-0.28
Levered Free Cash Flow	-15.34	-331.67	-65.42	-74.77	-155.48	-96.68
Unlevered Free Cash Flow	-144.86	-140.17	-69.08	-73.42	-158.71	-130.97

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q