MP FY 2023 Earnings — MP Materials Corp. Revenue & Financial Results | Market Cap Arena

MPMP Materials Corp.

$11B

FY 2023 Earnings

Basic Materials Industrial Materials

Income Statement

Revenue

$253M-52.0% YoY

Gross Profit

$105M41.4% margin

Operating Income

-$18M-7.0% margin

Net Income

$24M9.6% margin

EPS (Diluted)

$0.14

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

-$199M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$971M

Stockholders' Equity

$1.4B

Cash & Equivalents

$263M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$253M	$528M	-52.0%
Gross Profit	$105M	$417M	-74.8%
Operating Income	-$18M	$327M	-105.4%
Net Income	$24M	$289M	-91.6%