Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Equity Bottom-Up

<ul>
<li>1Q24 continues to show progress toward application goal.</li>
<li>TMC reported 1Q24 results and accomplishments, including higher exportation and evaluation expense of $18.1 million versus $7.2 million in 1Q23, due to $10.9 million in mining, technological, and process development costs associated with the latest sea campaign completed in February, and a modest increase in SG&amp;A expenses ($6.8 million versus $6.2 million in the year-ago period).</li>
<li>As a result, quarterly loss increased to $25.2 million from $13.7 million in 1Q23, with EPS of ($0.08) versus ($0.05) in 1Q23.</li>
</ul>


1Q24 continues to show progress toward application goal.
TMC reported 1Q24 results and accomplishments, including higher exportation and evaluation expense of $18.1 million versus $7.2 million in 1Q23, due to $10.9 million in mining, technological, and process development costs associated with the latest sea campaign completed in February, and a modest increase in SG&amp;A expenses ($6.8 million versus $6.2 million in the year-ago period).
As a result, quarterly loss increased to $25.2 million from $13.7 million in 1Q23, with EPS of ($0.08) versus ($0.05) in 1Q23.


TMC the Metals Company, Inc. - Forging Ahead with PFS and EIS

TMC the metals co

TMC the Metals Company, Inc. - Forging Ahead with PFS and EIS