For the year ending 2025-12-31, TMCWW had $114,181K increase in cash & cash equivalents over the period. -$43,096K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Loss for the year | -319,844 |
| Nauru and tonga warrant costs | 38,056 |
| Amortization | 252 |
| Lease expense | 1,907 |
| Share-based compensation and expenses settled with equity | 96,672 |
| Equity-accounted investment loss | 287 |
| Gain on dilution of investment | 5,649 |
| Change in fair value of royalty liability | -131,000 |
| Change in fair value of warrants liability | 12,439 |
| Unrealized foreign exchange | -3,483 |
| Interest paid on amounts drawn from credit facilities and short-term debt | -823 |
| Corporate income taxes paid during the year | 93 |
| Receivables and prepayments | 1,198 |
| Accounts payable and accrued liabilities | 1,234 |
| Net cash used in operating activities | -42,851 |
| Proceeds from investee distribution | 692 |
| Acquisition of equipment and software | 245 |
| Net cash provided by (used in) investing activities | 447 |
| Proceeds from korea zinc private placement | 85,118 |
| Proceeds from registered direct offerings | 42,000 |
| Expenses paid for registered direct offerings | 734 |
| Proceeds from shares issued from at-the-market distribution agreement | 14,784 |
| Proceeds from exercise-Classa Warrant | 3,827 |
| Proceeds from exercise-Class BWarrants | 9,800 |
| Proceeds from exercise-Class CWarrants | 10,485 |
| Repayment of drawn amount on credit facilities | 4,275 |
| Repayment of allseas working capital loan | 7,500 |
| Proceeds from employee stock purchase plan | 67 |
| Proceeds from exercise of stock options | 3,013 |
| Net cash provided by financing activities | 156,585 |
| Increase/(decrease) in cash | 114,181 |
| Impact of exchange rate changes on cash | -28 |
| Cash - beginning of year | 3,480 |
| Cash - end of year | 117,633 |
TMC the metals Co Inc. (TMCWW)
TMC the metals Co Inc. (TMCWW)