NASDAQ : EMAT
Evolution Metals & Technologies Corp. — Financial statements
United States
Last price 1.65 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.03B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Selling, General & Admin | 25.71M | 10.74M | 8.03M |
| Operating Expenses | 27.06M | 17.62M | 26.02M |
| Operating Income | -26.73M | -17.62M | -26.02M |
| Interest & Investment Income | 106.61K | 850.04K | |
| Other Non Operating Income (Expenses) | -975.27M | -600.41M | -41.26M |
| Pretax Income | -1.01B | -617.91M | -66.43M |
| Net Income | -1.01B | -617.91M | -66.43M |
| Net Income to Common | -1.01B | -617.91M | -66.43M |
| Shares Outstanding (Basic) | 536.25M | 454.71M | 454.71M |
| Shares Outstanding (Diluted) | 536.25M | 454.71M | 454.71M |
| EPS (Basic) | -1.89 | -1.36 | -0.15 |
| EPS (Diluted) | -1.89 | -1.36 | -0.15 |
| EBIT | -26.73M | -17.62M | -26.02M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Cash & Equivalents | 5.25M | 11.68M | 2.61M |
| Cash & Short-Term Investments | 5.25M | 11.68M | 2.61M |
| Receivables | 4.86M | 1.49M | 2.94M |
| Prepaid Expenses | 1.58M | 47.52K | 23.19K |
| Total Current Assets | 14.70M | 13.23M | 5.58M |
| Long-Term Deferred Charges | 9.27M | 3.99M | |
| Total Assets | 95.08M | 22.49M | 14.07M |
| Accounts Payable | 10.22M | 4.65M | 1.52M |
| Accrued Expenses | 4.15M | 339.47K | 84.34K |
| Short-Term Debt | 6.58M | 483.58K | |
| Other Current Liabilities | 71.27M | 671.88M | 63.46M |
| Total Current Liabilities | 93.47M | 677.36M | 65.07M |
| Total Liabilities | 113.94M | 677.36M | 65.07M |
| Common Stock | 62.00K | 45.47K | 45.47K |
| Additional Paid-In Capital | 1.11B | 260.85K | |
| Retained Earnings | -1.13B | -678.81M | -60.89M |
| Comprehensive Income & Other | -943.00K | -2.37M | |
| Total Common Equity | -18.86M | -681.13M | -60.59M |
| Shareholders' Equity | -18.85M | -654.87M | -51.00M |
| Total Liabilities & Equity | 95.08M | 22.49M | 14.07M |
| Total Debt | 27.55M | 483.58K | |
| Net Cash (Debt) | -22.29M | 11.20M | 2.61M |
| Net Cash Per Share | -0.04 | 0.02 | 0.01 |
| Filing Date Shares Outstanding | 621.80M | 621.79M | 1.00M |
| Total Common Shares Outstanding | 621.79M | 1.00M | 1.00M |
| Working Capital | -78.77M | -664.13M | -59.49M |
| Book Value Per Share | -0.03 | -681.13 | -60.59 |
| Tangible Book Value | -84.12M | -681.13M | -60.59M |
| Tangible Book Value Per Share | -0.14 | -681.13 | -60.59 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Net Income | -1.01B | -617.91M | -66.43M |
| Stock-Based Compensation | 1.95M | 43.64K | |
| Provision & Write-off of Bad Debts | 1.35M | 6.88M | 17.99M |
| Other Operating Activities | 980.83M | 603.11M | 44.36M |
| Change in Accounts Payable | -1.68M | -909.07K | 629.16K |
| Change in Other Net Operating Assets | 10.35M | 230.77K | -25.20K |
| Operating Cash Flow | -18.97M | -8.61M | -3.42M |
| Other Investing Activities | -1.03M | -929.26K | -25.33M |
| Investing Cash Flow | -7.73M | -929.26K | -25.33M |
| Short-Term Debt Issued | 489.74K | ||
| Total Debt Issued | 21.63M | 489.74K | |
| Short-Term Debt Repaid | -5.09M | ||
| Total Debt Repaid | -6.36M | -5.09M | -3.55M |
| Net Debt Issued (Repaid) | 15.26M | -4.60M | -3.55M |
| Issuance of Common Stock | 109.00 | ||
| Other Financing Activities | -1.62M | -1.23M | 15.81M |
| Financing Cash Flow | 31.03M | 18.61M | 31.61M |
| Foreign Exchange Rate Adjustments | 691.15K | 154.00 | |
| Net Cash Flow | 3.64M | 9.07M | 2.85M |
| Levered Free Cash Flow | -61.73M | 602.22M | |
| Unlevered Free Cash Flow | -60.21M | 602.22M | |
| Change in Working Capital | 7.62M | -678.30K | 603.96K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Market Capitalization | 1.03B | 31.33M | 40.43M |
| Enterprise Value | 1.05B | 40.64M | |
| Last Close Price | 1.65 | 11.00 | 12.01 |
| PB Ratio | -0.05 | -0.79 | |
| Debt / Equity Ratio | -1.46 | -0.00 | |
| Net Debt / Equity Ratio | -1.18 | 0.02 | 0.05 |
| Quick Ratio | 0.10 | 0.02 | 0.04 |
| Current Ratio | 0.16 | 0.02 | 0.09 |
| Return on Assets (ROA) | -30.07% | -60.22% | |
| Return on Capital Employed (ROCE) | -1,652.90% | 2.70% | 51.00% |
| Earnings Yield | -114.29% | -1,972.19% | -164.28% |