secwatch.observer — SEC 8-K summary
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Issuer:     Tronox Holdings plc (TROX)
CIK:        0001530804
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001140361-24-023850
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tronox Q1 net loss $9M; rev $774M (+13% QoQ); adj EBITDA $131M beats guidance
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- Revenue $774M, up 9% YoY and 13% QoQ; TiO2 volumes up 18% QoQ, zircon up 54% QoQ.
- GAAP diluted loss $0.06; adjusted diluted loss $0.05; net loss $9M vs. net income $23M a year ago.
- Adjusted EBITDA $131M (company guidance $100-120M), margin 16.9%.
- Q2 2024 guidance: Adj EBITDA $160-180M, margin ~20%; TiO2 volumes expected +7-10% QoQ.
- Free cash flow negative $105M on higher working capital; net debt $2.7B, leverage 5.2x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530804/000114036124023850/0001140361-24-023850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530804/000114036124023850/ef20028265_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-023850

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer