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TMC the metals company Inc. TMC US — Operating Loss Carryforwards

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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$1.92B-10.4%

Returns & leverage

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Return on equity-390.9%+322pp
Debt / equity
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:OperatingLossCarryforwards.

The source filing: TMC the metals company Inc.’s 10-K, filed March 31, 2026.

Filed
Mar 31, 2026, 5:00 PM EDT
Fiscal year
FY2025
Accession
0001104659-26-037863
Line itemCanadaSingaporeUnited StatesNauruTonga
2035
20413,709
204213,2271
204311,8883
204410,642179
204515,21720,410
No expiry21,96246,148
Loss carry-forwards$54,683$21,962$20,595$17,924$46,148

Item 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is TMC the metals company Inc.'s US — operating loss carryforwards?
TMC the metals company Inc. (TMC) reported US — operating loss carryforwards of $20.6M in Q4 2025.
How has TMC the metals company Inc.'s US — operating loss carryforwards changed year-over-year?
TMC the metals company Inc.'s US — operating loss carryforwards increased by 11032.4% year-over-year, from $185K to $20.6M.
What does US — operating loss carryforwards mean?
This metric quantifies the accumulated net operating losses generated by the company's US operations that can be applied to offset future taxable income. It serves as a critical indicator of potential future tax shields and the historical financial performance of the US segment. Monitoring this balance helps investors evaluate the company's ability to reduce future tax liabilities and improve long-term cash flow generation.

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