TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. The company primarily explores for nickel, cobalt, copper, and manganese products. TMC the metals company Inc., through its subsidiaries, holds exploration rights in three polymetallic nodule contract areas in the CCZ of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, clean energy transmission, manganese alloy production required for steel production, and other applications. The company was formerly known as Sustainable Opportunities Acquisition Corporation and changed its name to TMC the metals company Inc. TMC the metals company Inc. was incorporated in 2019 and is based in Vancouver, Canada.
Revenue of TMC the metals company Inc. (TMC)
Revenue in 2023 (TTM): $
According to TMC the metals company Inc.'s latest financial reports the company's current revenue (TTM) is $. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of TMC the metals company Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $ | $-360,000 | $-72,029,000 | $-73,740,000 | $-73,781,000 |
| 2022 | $ | $-174,117,000 | $-175,818,000 | $-170,887,000 | $-170,964,000 |
| 2021 | $ | $-149,589,000 | $-158,429,000 | $-141,299,000 | $-133,009,000 |
| 2020 | $ | $-562,000 | $-55,961,000 | $-56,631,000 | $-56,658,000 |
| 2019 | $ | $ | $-9,040 | $-9,039 | $-9,039 |