TMC the metals company Inc. (TMC) Q1 2025 Earnings Call Transcript


TMC the metals company Inc. (NASDAQ:TMC) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET

Company Participants

Craig Shesky – CFO
Gerard Barron – Chairman and CEO

Conference Call Participants

Matthew O’Keefe – Cantor Fitzgerald
Jake Sekelsky – Alliance Global Partners
Dmitry Silversteyn – Water Tower Research

Operator

Good day, and thank you for standing by. Welcome to the Metals Company First Quarter 2025 Corporate Update Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Craig Shesky, Chief Financial Officer.

Craig Shesky

Thank you, Michelle. Please note that during this call, certain statements made by the company will be forward-looking and based on management’s beliefs and assumptions from information available at this time. These statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. Additionally, please note that the company’s actual results may differ materially from those anticipated, and except as required by law, we undertake no obligation to update any forward-looking statement.

Our remarks today may also include non-GAAP financial measures, including with respect to free cash flows, and additional details regarding these non-GAAP financial measures, including reconciliations to the most directly comparable GAAP financial measures can be found in our slide deck being used with this call. You’re welcome to follow along with our slide deck or if joining by phone. You can access it at any time at investors.metals.co.

And I’ll now turn the conference call over to our Chairman and CEO, Gerard Barron.

Gerard Barron

Thank you, Craig. Well, usually, our first quarter conference calls are a bit quieter as they occur roughly



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