0001530804-26-000006
SEC filingTronox Holdings plc reported a net loss of $470 million for fiscal year 2025, driven by significant restructuring charges and high operating expenses. Net sales were $2.90 billion, with cost of goods sold at $2.63 billion, resulting in a gross profit of $269 million. The company incurred $232 million in restructuring and other charges and $290 million in selling, general, and administrative expenses, leading to an operating loss of $253 million. Interest expense of $189 million and other expenses contributed to a pre-tax loss of $458 million. Despite the net loss, cash provided by operating activities was $60 million, supported by non-cash adjustments including depreciation and restructuring charges. The company's total assets stood at $6.22 billion, with total liabilities of $4.77 billion and total equity of $1.45 billion. Capital expenditures of $341 million and debt activities impacted cash flows, with a net increase in cash of $59 million for the year.
Tronox Holdings plc reported a net loss attributable to the company of $470 million for fiscal year 2025, compared to a net loss of $473 million overall. Net sales were $2.90 billion, with cost of goods sold at $2.63 billion, yielding a gross profit of $269 million. The company faced significant restructuring and other charges of $232 million and selling, general, and administrative expenses of $290 million, resulting in an operating loss of $253 million. Interest expense of $189 million and other expenses of $22 million contributed to a pre-tax loss of $458 million. The income tax provision was $15 million. Basic and diluted loss per share were both $3, based on weighted average shares outstanding of 158.5 million.
No segment breakdown, geographic mix, or specific growth drivers were disclosed in the provided data. Revenue analysis is limited to the total net sales figure of $2.90 billion for the fiscal year.
Gross margin was 9.3%, calculated from gross profit of $269 million on net sales of $2.90 billion. Operating margin was negative 8.7%, derived from an operating loss of $253 million. The cost structure included high restructuring charges of $232 million and SG&A expenses of $290 million, which significantly impacted profitability. Depreciation, depletion, and amortization were $302 million, adding to non-cash costs.
Cash provided by operating activities was $60 million, despite a net loss of $473 million, due to adjustments including $302 million in depreciation and $232 million in restructuring charges. Cash used in investing activities was $328 million, primarily from capital expenditures of $341 million. Cash provided by financing activities was $321 million, driven by $400 million in proceeds from long-term debt, offset by repayments and dividends. Free cash flow, calculated as operating cash flow minus capital expenditures, was negative $268 million. Total assets were $6.22 billion, with current assets of $2.27 billion including $199 million in cash and $1.65 billion in inventories. Total liabilities were $4.77 billion, including long-term debt of $3.13 billion and current liabilities of $919 million. Total equity was $1.45 billion, with shareholders' equity at $1.42 billion.
No management guidance, strategic priorities, or specific risk factors were disclosed in the provided data. The outlook section cannot be populated based on the available information.