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Metals Acquisition (MTAL) Financials

Metals Acquisition logo
$8.76 -0.03 (-0.28%)
Closing price 03:59 PM Eastern
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$8.76 0.00 (0.00%)
As of 04:06 PM Eastern
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Annual Income Statements for Metals Acquisition

Annual Income Statements for Metals Acquisition

This table shows Metals Acquisition's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 -25 -145 -82
Consolidated Net Income / (Loss)		 -25 -145 -82
Net Income / (Loss) Continuing Operations		 -25 -145 -82
Total Pre-Tax Income 		-25 -160 -79
Total Operating Income		 -26 -112 1.68
Total Gross Profit		 -16 -20 42
Total Revenue		 3.75 164 343
Operating Revenue		 3.75 164 343
Total Cost of Revenue		 20 184 301
Operating Cost of Revenue		 20 184 301
Total Operating Expenses		 9.97 93 40
Selling, General & Admin Expense		 9.97 91 38
Other Operating Expenses / (Income)		 0.00 1.75 2.39
Total Other Income / (Expense), net		 1.48 -47 -81
Other Income / (Expense), net		 1.48 -47 -81
Income Tax Expense		 0.00 -15 2.72
Weighted Average Basic Shares Outstanding		 -3.77 -4.83 -1.14
Diluted Earnings per Share		 ($3.77) ($4.83) ($1.14)
Weighted Average Diluted Shares Outstanding		 - 50.24M 82.44M
Weighted Average Basic & Diluted Shares Outstanding		 - 50.24M 82.44M

Quarterly Income Statements for Metals Acquisition

No quarterly income statements for Metals Acquisition are available.

Annual Cash Flow Statements for Metals Acquisition

This table details how cash moves in and out of Metals Acquisition's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents		 -0.91 32 146
Net Cash From Operating Activities		 -2.90 -453 117
Net Cash From Continuing Operating Activities		 -2.90 -453 59
Net Income / (Loss) Continuing Operations		 0.00 0.00 -79
Consolidated Net Income / (Loss)		 - - -79
Depreciation Expense		 - - 78
Non-Cash Adjustments To Reconcile Net Income		 0.00 -453 72
Changes in Operating Assets and Liabilities, net		 -2.90 - -13
Net Cash From Investing Activities		 0.00 -8.59 -165
Net Cash From Continuing Investing Activities		 0.00 -8.59 -137
Purchase of Property, Plant & Equipment		 0.00 -25 -54
Acquisitions		 - - -75
Purchase of Investments		 0.00 - -1.85
Sale of Property, Plant & Equipment		 0.00 17 0.00
Other Investing Activities, net		 - - -6.43
Net Cash From Financing Activities		 1.99 493 195
Net Cash From Continuing Financing Activities		 1.99 493 214
Repayment of Debt		 1.20 -23 -76
Repurchase of Common Equity		 - - -13
Issuance of Debt		 0.79 517 0.00
Issuance of Common Equity		 - - 303

Quarterly Cash Flow Statements for Metals Acquisition

No quarterly cash flow statements for Metals Acquisition are available.

Annual Balance Sheets for Metals Acquisition

This table presents Metals Acquisition's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Total Assets		 267 270 1,305 1,408
Total Current Assets		 1.30 0.30 89 208
Cash & Equivalents		 0.96 0.04 32 172
Short-Term Investments		 0.00 0.00 0.23 0.00
Accounts Receivable		 0.00 0.05 33 7.31
Inventories, net		 0.00 0.00 22 28
Prepaid Expenses		 0.34 0.20 1.56 0.76
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 265 269 22 25
Other Noncurrent Operating Assets		 0.00 0.00 22 25
Total Liabilities & Shareholders' Equity		 267 270 1,305 1,408
Total Liabilities		 263 290 1,037 852
Total Current Liabilities		 0.60 18 287 186
Short-Term Debt		 0.00 17 164 88
Accounts Payable		 0.60 0.93 88 51
Current Deferred & Payable Income Tax Liabilities		 0.00 0.00 0.00 7.31
Other Current Liabilities		 0.00 0.00 36 40
Total Noncurrent Liabilities		 262 272 750 666
Long-Term Debt		 254 264 503 457
Capital Lease Obligations		 0.00 0.00 9.96 5.75
Noncurrent Deferred & Payable Income Tax Liabilities		 0.00 0.00 124 119
Other Noncurrent Operating Liabilities		 8.44 7.44 113 83
Total Equity & Noncontrolling Interests		 4.06 -20 268 555
Total Preferred & Common Equity		 4.09 -20 268 555
Preferred Stock		 0.02 0.02 432 801
Total Common Equity		 4.06 -20 -164 -246
Common Stock		 0.03 0.95 1.22 1.22
Retained Earnings		 4.04 -21 -165 -247

Quarterly Balance Sheets for Metals Acquisition

No quarterly balance sheets for Metals Acquisition are available.

Annual Metrics and Ratios for Metals Acquisition

This table displays calculated financial ratios and metrics derived from Metals Acquisition's official financial filings.

Metric 2022 2023 2024
Growth Metrics		 - - -
Revenue Growth		 0.00% 4,281.75% 108.85%
EBITDA Growth		 0.00% -539.01% 99.62%
EBIT Growth		 0.00% -539.01% 50.51%
NOPAT Growth		 0.00% -324.52% 101.49%
Net Income Growth		 0.00% -478.91% 43.49%
EPS Growth		 0.00% -28.12% 76.40%
Operating Cash Flow Growth		 0.00% -15,510.56% 125.80%
Free Cash Flow Firm Growth		 0.00% 0.00% -120.95%
Invested Capital Growth		 0.00% -3,382.96% 14.94%
Revenue Q/Q Growth		 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00%
Profitability Metrics		 - - -
Gross Margin		 -439.14% -11.87% 12.22%
EBITDA Margin		 -665.33% -97.03% -0.18%
Operating Margin		 -704.88% -68.29% 0.49%
EBIT Margin		 -665.33% -97.03% -22.99%
Profit (Net Income) Margin		 -665.33% -87.90% -23.78%
Tax Burden Percent		 100.00% 90.60% 103.44%
Interest Burden Percent		 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00%
Return on Equity (ROE)		 314.15% -116.54% -19.84%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 -9.30% -20.25% -5.82%
Return on Assets (ROA)		 -9.30% -18.35% -6.02%
Return on Common Equity (ROCE)		 314.62% 86.56% 9.88%
Return on Equity Simple (ROE_SIMPLE)		 125.09% -53.93% -14.71%
Net Operating Profit after Tax (NOPAT)		 -19 -79 1.17
NOPAT Margin		 -493.41% -47.80% 0.34%
Net Nonoperating Expense Percent (NNEP)		 54.47% -24.47% -12.31%
Return On Investment Capital (ROIC_SIMPLE)		 -7.07% -8.32% 0.11%
Cost of Revenue to Revenue		 539.14% 111.87% 87.78%
SG&A Expenses to Revenue		 265.73% 55.35% 11.04%
R&D to Revenue		 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 265.73% 56.42% 11.74%
Earnings before Interest and Taxes (EBIT)		 -25 -160 -79
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -25 -160 -0.61
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.00 0.00 1.55
Price to Earnings (P/E)		 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 4.99
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 1,460.99
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 14.68
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00
Leverage & Solvency		 - - -
Debt to Equity		 -14.12 2.52 0.99
Long-Term Debt to Equity		 -13.25 1.91 0.83
Financial Leverage		 -0.59 -2.17 -1.64
Leverage Ratio		 -33.77 6.35 3.29
Compound Leverage Factor		 -33.77 6.35 3.29
Debt to Total Capital		 107.62% 71.62% 49.80%
Short-Term Debt to Total Capital		 6.61% 17.32% 7.93%
Long-Term Debt to Total Capital		 101.01% 54.30% 41.87%
Preferred Equity to Total Capital		 0.01% 45.77% 72.43%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00%
Common Equity to Total Capital		 -7.63% -17.39% -22.23%
Debt to EBITDA		 -11.28 -4.24 -903.24
Net Debt to EBITDA		 -0.51 -4.04 -621.45
Long-Term Debt to EBITDA		 -10.59 -3.21 -759.39
Debt to NOPAT		 -15.22 -8.60 469.64
Net Debt to NOPAT		 -0.69 -8.19 323.12
Long-Term Debt to NOPAT		 -14.28 -6.52 394.84
Altman Z-Score		 0.00 0.00 0.21
Noncontrolling Interest Sharing Ratio		 -0.15% 174.28% 149.81%
Liquidity Ratios		 - - -
Current Ratio		 0.02 0.31 1.12
Quick Ratio		 0.01 0.23 0.96
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 0.00 196 -41
Operating Cash Flow to CapEx		 0.00% -5,268.95% 216.23%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00
Efficiency Ratios		 - - -
Asset Turnover		 0.01 0.21 0.25
Accounts Receivable Turnover		 0.00 9.88 16.94
Inventory Turnover		 0.00 0.00 12.18
Fixed Asset Turnover		 0.00 0.00 0.00
Accounts Payable Turnover		 26.43 4.16 4.35
Days Sales Outstanding (DSO)		 0.00 36.95 21.55
Days Inventory Outstanding (DIO)		 0.00 0.00 29.97
Days Payable Outstanding (DPO)		 13.81 87.78 83.91
Cash Conversion Cycle (CCC)		 -13.81 -50.83 -32.39
Capital & Investment Metrics		 - - -
Invested Capital		 -8.12 -283 -240
Invested Capital Turnover		 -0.46 -1.13 -1.31
Increase / (Decrease) in Invested Capital		 0.00 -275 42
Enterprise Value (EV)		 0.00 0.00 1,714
Market Capitalization		 0.00 0.00 534
Book Value per Share		 $0.00 ($3.27) ($2.98)
Tangible Book Value per Share		 $0.00 ($3.27) ($2.98)
Total Capital		 262 944 1,106
Total Debt		 282 676 551
Total Long-Term Debt		 264 513 463
Net Debt		 13 644 379
Capital Expenditures (CapEx)		 0.00 8.59 54
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -0.67 -67 -62
Debt-free Net Working Capital (DFNWC)		 -0.63 -35 110
Net Working Capital (NWC)		 -18 -198 22
Net Nonoperating Expense (NNE)		 6.45 66 83
Net Nonoperating Obligations (NNO)		 12 -551 -796
Total Depreciation and Amortization (D&A)		 0.00 0.00 78
Debt-free, Cash-free Net Working Capital to Revenue		 -17.93% -41.04% -18.15%
Debt-free Net Working Capital to Revenue		 -16.81% -21.21% 31.90%
Net Working Capital to Revenue		 -477.91% -120.69% 6.35%
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 0.00 -5.00 -1.00
Adjusted Diluted Earnings per Share		 $0.00 ($4.83) ($1.14)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 50.24M 82.44M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 50.24M 82.44M
Normalized Net Operating Profit after Tax (NOPAT)		 -19 -79 1.17
Normalized NOPAT Margin		 -493.41% -47.80% 0.34%
Pre Tax Income Margin		 -665.33% -97.03% -22.99%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00
Payout Ratios		 - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% -15.88%

Quarterly Metrics and Ratios for Metals Acquisition

No quarterly metrics and ratios for Metals Acquisition are available.

Frequently Asked Questions About Metals Acquisition's Financials

When does Metals Acquisition's fiscal year end?

According to the most recent income statement we have on file, Metals Acquisition's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Metals Acquisition's net income changed over the last 2 years?

Metals Acquisition's net income appears to be on an upward trend, with a most recent value of -$81.69 million in 2024, rising from -$24.97 million in 2022. The previous period was -$144.55 million in 2023.

What is Metals Acquisition's operating income?
Metals Acquisition's total operating income in 2024 was $1.68 million, based on the following breakdown:
  • Total Gross Profit: $41.98 million
  • Total Operating Expenses: $40.30 million
How has Metals Acquisition revenue changed over the last 2 years?

Over the last 2 years, Metals Acquisition's total revenue changed from $3.75 million in 2022 to $343.44 million in 2024, a change of 9,051.1%.

How much debt does Metals Acquisition have?

Metals Acquisition's total liabilities were at $852.09 million at the end of 2024, a 17.9% decrease from 2023, and a 224.5% increase since 2021.

How much cash does Metals Acquisition have?

In the past 3 years, Metals Acquisition's cash and equivalents has ranged from $42 thousand in 2022 to $171.90 million in 2024, and is currently $171.90 million as of their latest financial filing in 2024.

How has Metals Acquisition's book value per share changed over the last 2 years?

Over the last 2 years, Metals Acquisition's book value per share changed from 0.00 in 2022 to -2.98 in 2024, a change of -298.4%.

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This page (NYSE:MTAL) was last updated on 4/17/2025 by MarketBeat.com Staff
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