TMCWW TMC the metals company Inc. - Warrant

$0.01
Price · Aug 19, 2026
Fundamentals as of Aug 13, 2026

TMCWW Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$0.01
Market Cap
$5M
P/E (TTM)
0.0
EPS (TTM)
$0.83
Revenue (TTM)
Div Yield
ROE
-1321.2%
Debt/Equity
52W Range
$0 – $4

TMCWW Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income
EPS $0.83
6-point trend, +159.4%
2020-12-31 2025-12-31
Free Cash Flow $-43M
2-point trend, +2.0%
2024-12-31 2025-12-31
Margins -11451.6%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
TMCWW
Peer Median
P/E (TTM)
5-point trend, +297.2%
0.0
P/B
4-point trend, -2597.7%
-0.1
Price / FCF
2-point trend, -1385.8%
-0.1

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
TMCWW
Peer Median
Operating Margin
4-point trend, -133.6%
-5014.5%
Net Profit Margin
4-point trend, -181.3%
-11451.6%
ROA
5-point trend, -979.6%
-261.5%
ROE
5-point trend, -80.8%
-1321.2%
ROIC
3-point trend, +199.8%
419.0%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
TMCWW
Peer Median
Current Ratio
5-point trend, +153.2%
2.0
Quick Ratio
5-point trend, +186.7%
2.0

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
TMCWW
Peer Median
Revenue YoY
1486.9%
Revenue CAGR 3Y
36.0%
Revenue CAGR 5Y
121.0%
EPS YoY
5-point trend, +20.3%
232.0%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
TMCWW
Peer Median
EPS (Diluted)
5-point trend, +20.3%
$0.83

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
TMCWW
Peer Median

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 10
Annual Income Statement data for TMCWW
Metric Trend 2025202420232022202120202019
SG&A Expense 6-point trend, +1191.9% $100M $31M $23M $30M $57M $8M ·
Operating Income 6-point trend, -147.4% $-140M $-81M $-72M $-174M $-150M $-57M ·
Pretax Income 5-point trend, -126.3% $-320M $-82M $-74M $-171M $-141M · ·
Income Tax 4-point trend, +87.0% $144.0K $48.0K $41.0K $77.0K · · ·
Net Income 7-point trend, -3538388.8% $-320M $-82M $-74M $-171M $-141M $-57M $-9.0K
EPS (Basic) 6-point trend, +159.4% $0.83 $0.25 $0.26 $0.71 $0.69 $0.32 ·
EPS (Diluted) 6-point trend, +159.4% $0.83 $0.25 $0.26 $0.71 $0.69 $0.32 ·
Shares (Basic) 6-point trend, +115.3% 384,512,470 321,875,050 288,643,700 239,867,019 204,926,931 178,570,876 ·
Shares (Diluted) 6-point trend, +115.3% 384,512,470 321,875,050 288,643,700 239,867,019 204,926,931 178,570,876 ·
EBITDA 5-point trend, -4562.8% $-140M $-81M · $-174M $-150M $-3M ·
Balance Sheet 23
Annual Balance Sheet data for TMCWW
Metric Trend 2025202420232022202120202019
Cash & Equivalents 7-point trend, +637.5% $118M $3M $7M $47M $85M $10M $16M
Receivables 4-point trend, +5105.3% · · $2M $3M $4M $38.0K ·
Prepaid Expense 2-point trend, +1214.4% · · · · · $209.8K $16.0K
Current Assets 7-point trend, +756005.5% $121M $5M $9M $50M $89M $10M $16.0K
PP&E (Net) 6-point trend, -60.4% $519.0K $771.0K $1M $2M $1M $1M ·
PP&E (Gross) 4-point trend, +11.2% $3M $3M $3M $3M · · ·
Accum. Depreciation 4-point trend, +54.1% $3M $3M $2M $2M · · ·
Intangibles 3-point trend, +29.3% $2M $2M $2M · · · ·
Total Assets 7-point trend, +151738.7% $182M $63M $69M $95M $133M $55M $119.6K
Accounts Payable 7-point trend, +9774.2% $2M $6M $2M $42M $27M $4M $23.1K
Accrued Liabilities 5-point trend, +54206.5% $44M $37M $29M · · $2M $80.6K
Short-term Debt · $12M · · · · ·
Current Liabilities 7-point trend, +57201.8% $59M $55M $31M $42M $27M $8M $103.7K
Deferred Tax Flat — no change across 6 periods $11M $11M $11M $11M $11M $11M ·
Total Liabilities 7-point trend, +207380.2% $215M $80M $58M $53M $40M $18M $103.7K
Total Debt · $12M · · · · ·
Common Stock 6-point trend, +341.2% $681M $477M $438M $333M $296M $154M ·
Paid-in Capital 7-point trend, +984678.6% $238M $138M $123M $185M $102M $45M $24.1K
Retained Earnings 7-point trend, -10524062.0% $-951M $-631M $-549M $-475M $-304M $-163M $-9.0K
AOCI 6-point trend, +1.1% $-1M $-1M $-1M $-1M $-1M $-1M ·
Stockholders' Equity 7-point trend, -209629.5% $-33M $-17M $11M $42M $93M $36M $16.0K
Liabilities + Equity 7-point trend, +151738.7% $182M $63M $69M $95M $133M $55M $119.6K
Shares Outstanding 5-point trend, +88.5% 422,966,333 340,708,460 306,558,710 266,812,131 224,385,324 · ·
Cash Flow 8
Annual Cash Flow data for TMCWW
Metric Trend 2025202420232022202120202019
Stock-based Comp 6-point trend, +256.7% $97M $25M $12M $20M $75M $27M ·
Operating Cash Flow 6-point trend, -61.5% $-43M $-43M $-60M $-67M $-56M $-27M ·
CapEx 3-point trend, -57.6% $245.0K $515.0K $578.0K · · · ·
Investing Cash Flow 6-point trend, +173.6% $447.0K $-515.0K $-578.0K $-1M $-4M $-607.0K ·
Stock Issued 5-point trend, -27.4% $15M $5M $30.0K $30M · $20M ·
Net Stock Activity 3-point trend, -51.4% $15M $5M · $30M · · ·
Financing Cash Flow 6-point trend, +635.4% $157M $41M $20M $30M $135M $21M ·
Free Cash Flow 2-point trend, +2.0% $-43M $-44M · · · · ·
Profitability 7
Annual Profitability data for TMCWW
Metric Trend 2025202420232022202120202019
Operating Margin 4-point trend, -133.6% -5014.5% -46185.8% · -15672.1% 14914.2% · ·
Net Margin 4-point trend, -181.3% -11451.6% -46558.5% · -15388.3% 14087.6% · ·
Pretax Margin 3-point trend, +25.6% -11446.5% -46531.2% · -15381.4% · · ·
EBITDA Margin 4-point trend, -133.6% -5014.5% -46185.8% · -15672.1% 14914.2% · ·
ROA 5-point trend, -979.6% -261.5% -124.3% · -150.0% -150.5% -24.2% ·
ROE 5-point trend, -80.8% -1321.2% 424.7% · -283.6% -141.7% -730.8% ·
ROIC 3-point trend, +199.8% 419.0% 1522.3% · -419.7% · · ·
Liquidity & Solvency 3
Annual Liquidity & Solvency data for TMCWW
Metric Trend 2025202420232022202120202019
Current Ratio 5-point trend, +153.2% 2.0 0.1 · 1.2 3.3 0.8 ·
Quick Ratio 5-point trend, +186.7% 2.0 0.1 · 1.2 3.2 0.7 ·
Debt / Equity · -0.7 · · · · ·
Efficiency 2
Annual Efficiency data for TMCWW
Metric Trend 2025202420232022202120202019
Asset Turnover 4-point trend, +313.1% 0.0 0.0 · 0.0 -0.0 · ·
Receivables Turnover · · · 0.3 · · ·
Per Share 5
Annual Per Share data for TMCWW
Metric Trend 2025202420232022202120202019
Book Value / Share 4-point trend, -119.1% $-0.08 $-0.05 · $0.16 $0.41 · ·
Revenue / Share 4-point trend, +249.0% $0.01 $0.00 · $0.00 $-0.00 · ·
Cash Flow / Share 4-point trend, +59.3% $-0.11 $-0.14 · $-0.28 $-0.27 · ·
Cash / Share 4-point trend, -26.5% $0.28 $0.01 · $0.18 $0.38 · ·
EPS (TTM) 6-point trend, +159.4% $0.83 $0.25 $0.26 $0.71 $0.69 $0.32 ·
Growth Rates 6
Annual Growth Rates data for TMCWW
Metric Trend 2025202420232022202120202019
Revenue YoY 3-point trend, +8782.5% 1486.9% -86.4% 16.7% · · · ·
Revenue CAGR 3Y 2-point trend, -81.1% 36.0% · 190.3% · · · ·
Revenue CAGR 5Y 121.0% · · · · · ·
EPS YoY 5-point trend, +100.6% 232.0% -3.9% -63.4% 2.9% 115.6% · ·
EPS CAGR 3Y 3-point trend, +179.8% 5.3% -28.7% -6.7% · · · ·
EPS CAGR 5Y 21.0% · · · · · ·
Valuation (TTM) 11
Annual Valuation (TTM) data for TMCWW
Metric Trend 2025202420232022202120202019
Net Income TTM 6-point trend, -464.8% $-320M $-82M $-74M $-171M $-141M $-57M ·
Market Cap 4-point trend, +800.6% $546M $37M · $21M $61M · ·
Enterprise Value · $46M · · · · ·
P/E 5-point trend, +297.2% 1.6 0.4 0.5 0.1 0.4 · ·
P/B 4-point trend, -2597.7% -16.3 -2.2 · 0.5 0.7 · ·
P / Tangible Book 3-point trend, +542.6% · · 4.2 0.5 0.7 · ·
P / Cash Flow 4-point trend, -1078.9% -12.7 -0.9 · -0.3 -1.1 · ·
P / FCF 2-point trend, -1385.8% -12.7 -0.9 · · · · ·
EV / EBITDA · -0.6 · · · · ·
EV / FCF · -1.0 · · · · ·
Earnings Yield 5-point trend, -74.8% 64.3% 227.3% 204.7% 887.5% 255.6% · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312023-09-302023-06-30
Operating Margin % -5014.5%-46185.8%
Net Income $-320M$-82M$-74M
Diluted EPS $0.83$0.25$0.26
Balance Sheet
2025-12-312024-12-312023-12-312023-09-302023-06-30
Debt / Equity -0.7
Current Ratio 2.00.1
Quick Ratio 2.00.1
Cash Flow
2025-12-312024-12-312023-12-312023-09-302023-06-30
Free Cash Flow $-43M$-44M

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Institutional owners (13F) 13 filers · $4.2M total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
1 (0 vs prior Q) 3 (+3 vs prior Q) 1 (-7 vs prior Q) 2 (+1 vs prior Q) -195K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BOOTHBAY FUND MANAGEMENT, LLC $3,455,400 780,000 81.88% Shares
LMR Partners LLP $299,417 1,994,782 7.10% Shares
Oasis Management Co Ltd. $167,011 37,700 3.96% Shares
Caption Management, LLC $139,982 932,593 3.32% Shares
MILLENNIUM MANAGEMENT LLC $67,545 450,000 1.60% Call option
ARISTEIA CAPITAL, L.L.C. $54,324 374,522 1.29% Shares
CLEAR STREET LLC $22,050 15,000 0.52% Shares
TENOR CAPITAL MANAGEMENT Co., L.P. $10,132 67,500 0.24% Shares
UBS Group AG $1,854 12,360 0.04% Shares
WOLVERINE ASSET MANAGEMENT LLC $1,145 7,629 0.03% Shares
WELLS FARGO & COMPANY/MN $1,126 7,500 0.03% Shares
Eisler Capital Management Ltd. $7 66,074 0.00% Shares
HRT FINANCIAL LP $1 11,058 0.00% Shares

Company insiders 5 insiders · 0 officers · 5 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Brendan May Director June 2, 2026 S 193,346 0 1 $-133,331
Sheila Khama Director May 29, 2026 A 353,598 0 0 $0
Christian Madsbjerg Director May 29, 2026 A 410,403 0 0 $0
Andrew Hall Director May 29, 2026 A 394,058 0 0 $0
Andrew Carlyle Greig Director May 29, 2026 A 5,106,850 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 1 position

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Allseas Group S.A., Allseas Investments S.A., Argentum Cedit Virtuti NV, Stichting Administratiekantoor Aequa Lance Foundation, Edward Heerema July 7, 2026 15.60% Amendment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.