Tronox Reports Fourth Quarter and Full Year 2022 Financial Results

Tronox Holdings plc (NYSE:TROX) (“Tronox” or the “Company”), the world’s leading integrated manufacturer of titanium dioxide pigment, today reported its financial results for the quarter ending December 31, 2022:

Fourth Quarter 2022 Financial Highlights:
*Revenue of $649 million
*Income from operations of $36 million; Net loss of $14 million
*Adjusted EBITDA of $113 million; Adjusted EBITDA margin of 17.4% (non-GAAP)
*GAAP diluted loss per share of $0.09; Adjusted diluted loss per share of $0.17 (non-GAAP)
*Free cash flow of $126 million (non-GAAP)

Full Year 2022 Financial Highlights:
*Total revenue of $3,454 million
*Income from operations of $458 million; Net income of $500 million (includes $301M of tax valuation allowance reversals)
*Adjusted EBITDA of $875 million; Adjusted EBITDA margin of 25.3% (non-GAAP)
*GAAP diluted EPS of $3.16; Adjusted diluted EPS of $1.98 (non-GAAP)
*Capital expenditures of $428 million
*Free cash flow of $170 million (non-GAAP)
*Reduced total debt to $2.5 billion
details at: https://www.tronox.com/tronox-reports-fourth-quarter-and-full-year-2022-financial-results/