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MARKETS / NYSE / LZM
NYSE · METAL MINING · MID CAP

Lifezone Metals Ltd. LZM

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.1M
▲ 652.2% YoY
$-13.6M
In brief

What this company does

At Lifezone, the company is at the forefront of innovation, championing cleaner and more sustainable metals production to meet global needs. The company's primary asset is the Kabanga Nickel Project, which is located in north-west Tanzania. The Kabanga Nickel Project is 84% owned by Lifezone and 16% by the Government of Tanzania. The company's business consists of three segments: its Metals Extraction business, its Intellectual Property business and Corporate. The Metals Extraction segment of the company's business is undertaken primarily through KNL, which was formed on February 8, 2019, for the purpose of developing and operating a base metal operation in the north-west region of Tanzania. With respect to its intellectual property licensing business, on January 10, 2024, Lifezone entered into a subscription agreement with a subsidiary of Glencore to establish a United States based recycling partnership to recover PGM from spent Autocats.

Written from the business description in Lifezone Metals Limited's annual report to the U.S. Securities and Exchange Commission, filed 19 March 2026. Every sentence was checked against that document before publication.

Growth
USD 1.1M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 1.1 · Net income -13.6
-200M20212022202320242025
Compound annual growth
−28.8%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1335 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1742.2% · Net -1334.6%
-10000%-20000%-30000%20212022202320242025
ROE
FY2025 · ROE -16.7%
-100%-200%-300%20212022202320242025

Each USD of equity lost 17 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 175.8M
EquityUSD 73.8M
CashUSD 20.1M
Current ratio0.46×

Equity funds 42% of total assets.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021
Revenue $B0.00.00.00.00.0
Operating income $B−0.0−0.0−0.4−0.0−0.0
EBITDA $B−0.0−0.0−0.4−0.0·
Income tax $B−0.00.00.0··
Net income $B−0.0−0.0−0.4−0.0−0.0
EPS, diluted $−0.17−0.59−5.34−0.40−0.32
Dividend / sh $4.276.9511.50··
Payout %·····
ROE %−16.7−44.6−398.5−36.4·
Shares out B·0.010.01··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 72 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMetal Mining
Listed onNYSE
Incorporated inoutside the United States — SEC code Y8
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2021

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