MP Q4 2023 Earnings — MP Materials Corp. Revenue & Financial Results | Market Cap Arena

MPMP Materials Corp.

$11B

Q4 2023 Earnings

Basic Materials Industrial Materials

Income Statement

Revenue

$41M-55.8% YoY

Gross Profit

-$1M-2.4% margin

Operating Income

-$34M-81.6% margin

Net Income

-$16M-39.5% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-21.5%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$87M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$265M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$93M	-55.8%
Gross Profit	-$1M	$63M	-101.6%
Operating Income	-$34M	$37M	-189.8%
Net Income	-$16M	$67M	-124.3%