See more : Goodtech ASA (GOD.OL) Income Statement Analysis – Financial Results
Complete financial analysis of MP Materials Corp. (MP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MP Materials Corp., a leading company in the Industrial Materials industry within the Basic Materials sector.
You may be interested
- Voltage Metals Corp. (VOLT.CN) Income Statement Analysis – Financial Results
- North American Construction Group Ltd. (NOA) Income Statement Analysis – Financial Results
- Guardian Capital Group Limited (GCAAF) Income Statement Analysis – Financial Results
- Sandston Corporation (SDON) Income Statement Analysis – Financial Results
- Investeringsforeningen Nordea Invest – Global Enhanced (NDIGLENHKL1.CO) Income Statement Analysis – Financial Results
MP Materials Corp. (MP)
About MP Materials Corp.
MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine located in the Western Hemisphere. The company holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. It offers cerium, lanthanum, neodymium, praseodymium, and samarium. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 253.45M | 527.51M | 331.95M | 134.31M | 73.41M | 67.42M |
| Cost of Revenue | 148.42M | 110.57M | 100.64M | 102.40M | 67.83M | 57.28M |
| Gross Profit | 105.02M | 416.94M | 231.32M | 31.91M | 5.58M | 10.13M |
| Gross Profit Ratio | 41.44% | 79.04% | 69.68% | 23.76% | 7.60% | 15.03% |
| Research & Development | 3.50M | 11.82M | 4.57M | 140.00K | 0.00 | 0.00 |
| General & Administrative | 0.00 | 75.84M | 57.22M | 27.01M | 11.10M | 14.57M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 79.25M | 75.84M | 57.22M | 27.01M | 11.10M | 14.57M |
| Other Expenses | 0.00 | 1.48M | 2.38M | 2.26M | 2.09M | 0.00 |
| Operating Expenses | 82.74M | 89.13M | 64.16M | 29.26M | 13.20M | 18.58M |
| Cost & Expenses | 231.17M | 199.71M | 164.80M | 102.40M | 81.03M | 75.87M |
| Interest Income | 326.00K | 19.83M | 353.00K | 163.00K | 461.00K | 5.02M |
| Interest Expense | 5.58M | 5.79M | 8.90M | 5.01M | 3.41M | 0.00 |
| Depreciation & Amortization | 56.62M | 19.83M | 26.76M | 9.19M | 6.78M | 4.45M |
| EBITDA | 94.95M | 366.77M | 195.86M | -25.27M | 3.44M | -4.43M |
| EBITDA Ratio | 37.46% | 65.84% | 51.49% | 23.95% | 1.83% | -6.57% |
| Operating Income | 22.28M | 327.41M | 165.35M | 25.23M | -3.34M | -8.88M |
| Operating Income Ratio | 8.79% | 62.07% | 49.81% | 18.79% | -4.55% | -13.18% |
| Total Other Income/Expenses | 10.80M | 13.74M | -5.15M | -4.76M | 866.00K | -4.58M |
| Income Before Tax | 33.08M | 341.15M | 160.20M | -39.46M | -6.75M | -13.47M |
| Income Before Tax Ratio | 13.05% | 64.67% | 48.26% | -29.38% | -9.20% | -19.97% |
| Income Tax Expense | 8.77M | 52.15M | 25.16M | -17.64M | 1.00K | 1.00K |
| Net Income | 24.31M | 289.00M | 135.04M | -21.83M | -6.76M | -13.47M |
| Net Income Ratio | 9.59% | 54.79% | 40.68% | -16.25% | -9.20% | -19.97% |
| EPS | 0.14 | 1.64 | 0.78 | -0.27 | -0.10 | -0.20 |
| EPS Diluted | 0.14 | 1.52 | 0.73 | -0.27 | -0.10 | -0.20 |
| Weighted Avg Shares Out | 177.18M | 176.52M | 173.47M | 79.69M | 66.56M | 66.56M |
| Weighted Avg Shares Out (Dil) | 178.15M | 193.45M | 189.84M | 79.69M | 68.88M | 68.88M |
Natixis Advisors L.P. Buys 4,467 Shares of MP Materials Corp. (NYSE:MP)
Natixis Advisors L.P. grew its stake in MP Materials Corp. (NYSE:MP – Free Report) by 37.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,306 shares...
MP Materials to Participate in TD Cowen 2nd Annual Sustainability Week
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the TD Cowen 2nd Annual Sustainability Week on Tuesday, May 21, 2024, at 12:25 p.m. Eastern Time. Live webcasts and...
SSRM vs. MP: Which Stock Is the Better Value Option?
Investors with an interest in Mining - Miscellaneous stocks have likely encountered both SSR Mining (SSRM) and MP Materials Corp. (MP). But which of these two stocks presents investors with the better value opportunity right now?
MP Materials Corp. (MP) Q1 2024 Earnings Call Transcript
MP Materials Corp. (NYSE:MP ) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Martin Sheehan - IR Jim Litinsky - Founder, Chairman and CEO Ryan Corbett - CFO Michael Rosenthal - Founder and COO Conference...
3 Rare Earth Stocks Crucial for Advanced Technologies
Wall Street has been witnessing the rapid transformation of the technology sector. Advancements in artificial intelligence, EVs and renewable energy have put the focus back on many tech stocks.
MP Materials: Securing America's Future With Massive Short Squeeze Potential
MP Materials is a rare earth mining and processing company that is strategically positioned to cater to the growing demand for rare earth materials, especially in the automotive sector. The company has a three-stage plan to reinstate the complete rare...
MP Materials Announces Date for First Quarter 2024 Financial Results and Webcast
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) will release its financial results for the first quarter ended March 31, 2024, after the U.S. markets close on Thursday, May 2, 2024. MP Materials' management will host a conference call...
Australian billionaire Rinehart's firm takes stake in US miner MP Materials
MP Materials said Australian billionaire Gina Rinehart's mining firm has taken a 5.3% stake in the company, adding to her rare earth investments.
Why Electric Vehicle and Affiliated Stocks Zoomed Higher Today
The top name in the industry set an announce date for a robotaxi model. Investors are excited that the broader electric vehicle industry will expand with such a product.
MP Materials Corp. (MP) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the closing of the recent trading day, MP Materials Corp. (MP) stood at $14.74, denoting a -1.93% change from the preceding trading day.
Source: https://incomestatements.info
Category: Stock Reports