What does gain loss on contract termination mean?

Captures the financial impact of canceling or settling contractual agreements before their natural expiration. This may include penalties, write-offs of related assets, or negotiated settlements with vendors and partners. It provides insight into the company's operational flexibility and the costs associated with strategic pivots.

TMC the metals company Inc. TMC Gain Loss On Contract Termination

Gain Loss On Contract Termination at other companies

Virtu FinancialVIRT

$16K+260%

Kulicke & Soffa IndustriesKLIC

$0—

TMC the metals company Inc.TMC

-$49.75K—

TMC the metals company Inc.TMC

-$49.75K—

Centrus EnergyLEU

$0—

Gen Digital Inc.GEN

$0+100%

Other financials

Income statement

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Revenue$410.0K+263%

Operating income-$34.0M-88.6%

Net income-$20.6M-0.1%

EPS (diluted)$0.05-16.7%

Balance sheet

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Cash & equivalents$119.7M+5,002%

Total debt$2.5M-57.8%

Total equity-$27.3M-63.1%

Total assets$184.9M+187%

Cash flow

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Operating cash flow-$615.0K+93.4%

CapEx$35.0K-50.0%

Free cash flow-$650.0K+93.1%

Valuation

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Market cap$2.09B+237%

Returns & leverage

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Return on equity-390.9%+322pp

Debt / equity0×—

Current ratio2.2×+2.0×

Where this comes from

Reported directly by TMC the metals company Inc. in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnContractTermination.

The official record: TMC the metals company Inc.’s 10-K, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TMC the metals company Inc.'s gain loss on contract termination?: TMC the metals company Inc. (TMC) reported gain loss on contract termination of -$49.75K in Q4 2024.
What does gain loss on contract termination mean?: Captures the financial impact of canceling or settling contractual agreements before their natural expiration. This may include penalties, write-offs of related assets, or negotiated settlements with vendors and partners. It provides insight into the company's operational flexibility and the costs associated with strategic pivots.