TMC the Metals Company Files 2024 10-K
Ticker: TMCWW · Form: 10-K · Filed: Mar 27, 2025 · CIK: 1798562
| Field | Detail |
|---|---|
| Company | Tmc The Metals Co Inc. (TMCWW) |
| Form Type | 10-K |
| Filed Date | Mar 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, mining, equity
TL;DR
TMC filed its 2024 10-K. Financials are in. Check it out.
AI Summary
TMC the Metals Company Inc. filed its 2024 10-K on March 27, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, formerly known as Sustainable Opportunities Acquisition Corp. until January 2, 2020, operates in the metal mining sector. Key financial figures and equity details are presented within the filing.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of TMC the Metals Company's financial health and operational status for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard annual report, but the company operates in the volatile metal mining sector, which inherently carries risks.
Key Numbers
- 36556000 — Number of Shares (Likely related to common stock or equity offerings.)
- 340708460 — Financial Figure (A significant financial amount reported in the filing.)
- 4448259 — Financial Figure (A financial amount, possibly related to equity or liabilities.)
- 8896399 — Financial Figure (A financial amount, potentially related to equity components.)
- 17792922 — Financial Figure (A financial amount, possibly related to equity or reserves.)
Key Players & Entities
- TMC the Metals Company Inc. (company) — Filer of the 10-K
- Sustainable Opportunities Acquisition Corp. (company) — Former name of TMC the Metals Company Inc.
- 20250327 (date) — Filing date of the 10-K
- 20241231 (date) — Fiscal year end date
- 1111 WEST HASTINGS STREET (address) — Company business and mailing address
FAQ
What was the total revenue for TMC the Metals Company Inc. in the fiscal year ending December 31, 2024?
The provided text does not explicitly state the total revenue for the fiscal year ending December 31, 2024.
What is the company's net income or loss for the fiscal year 2024?
The provided text does not contain information on the company's net income or loss for the fiscal year 2024.
What were the significant changes in the company's balance sheet from the previous year?
The filing mentions 'RetainedEarningsMember', 'AdditionalPaidInCapitalMember', and 'AccumulatedOtherComprehensiveIncomeMember' as of December 31, 2024, indicating components of the balance sheet, but specific year-over-year changes are not detailed in this excerpt.
Did TMC the Metals Company Inc. engage in any equity offerings during 2024?
Yes, the filing references 'tmc:AtTheMarketEquityOfferingMember' for the period of '2024-01-01' to '2024-12-31', indicating equity offerings occurred.
What is the company's primary business activity?
TMC the Metals Company Inc. is classified under 'METAL MINING [1000]' according to its Standard Industrial Classification.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 27, 2025 regarding TMC the metals Co Inc. (TMCWW).