What is Evolution Metals & Technologies Corp. 's market cap?

Evolution Metals & Technologies Corp. (EMAT) has a market capitalization of $3.1B and trades on NASDAQ.

Who are Evolution Metals & Technologies Corp. 's competitors?

Evolution Metals & Technologies Corp. 's key competitors include MP Materials, Materion Corporation, AMERICAN RESOURCES CORP, and others. These companies compete in similar markets and product categories.

Who does Evolution Metals & Technologies Corp. partner with?

Evolution Metals & Technologies Corp. 's notable partners include TAEIL Engineering, Korea Institute of Geoscience and Mineral Resources (KIGAM), Korea Institute of Industrial Technology (KITECH), and others.

What subsidiaries does Evolution Metals & Technologies Corp. have?

Evolution Metals & Technologies Corp. 's subsidiaries include Evolution Metals LLC, Handa Lab Co., Ltd., KCM Industry Co., Ltd., and others.

Where is Evolution Metals & Technologies Corp. headquartered?

Evolution Metals & Technologies Corp. is headquartered in United States of America. It has been publicly traded since 2026.

Evolution Metals & Technologies Corp.

EMAT

Market cap

$3.12B-10.5%

Net income-$441.6M-2,246%

EPS (diluted)-$0.86—

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 22, 2026

Revenue$1.9MMiss by $21.0K EPS-$0.02Beat by $0.01

Read the full report

Next report

Aug 28, 2026 (in a month)

Revenue estimate$2.2M

EPS estimate-$0.03

Financials

Q1 2026

Income statement

See full

Revenue$1.9M—

Gross profit$445.0K—

Operating income-$15.7M-459%

Net income-$440.3M-2,347%

EPS (diluted)-$0.72-1,700%

Balance sheet

See full

Cash & equivalents$5.4M+44.7%

Total debt$6.8M—

Total equity-$24.8M-118%

Total assets$85.6M+592%

Cash flow

See full

Operating cash flow-$5.6M-170%

CapEx$24.0K—

Free cash flow-$5.6M—

Valuation & ratios

Valuation

See full

Market cap$3.15B-10.5%

Enterprise value$3.15B—

Returns & leverage

See full

Current ratio0.1×+0.1×

Segments

By product

See full

Korean Domestic Sales$1.8M—

Export Sales$80.0K—

Competitors

By market cap

Element Solutions$9.1B+57.9%

MP Materials$7.4B-33.1%

Materion$5.0B+154%

Evolution Metals & Technologies Corp. $3.2B—

American Battery Technology Company$301.5M+3.3%

American Resources$186.1M+87.0%

Gold Resource$150.8M+127%

Atlas Lithium Corporation$82.3M-14.3%

By revenue growth

American Battery Technology Company+918%

Gold Resource+121%

Element Solutions+26.6%

MP Materials+17.7%

Materion+11.4%

Atlas Lithium Corporation-71.7%

By net margin

Element Solutions5.67%-4.0pp

Materion3.99%-0.2pp

MP Materials-50.55%-10.3pp

Gold Resource-57.96%+80.1pp

American Battery Technology Company-390.48%+3,361pp

Atlas Lithium Corporation-23,042.05%-15,398pp

Profile

Evolution Metals & Technologies Corp. is a vertically integrated critical materials company that operates a closed-loop recycling and manufacturing platform for rare earth elements and battery metals. The company utilizes advanced hydrometallurgical and pyrometallurgical processes to convert end-of-life electronic waste and batteries into high-value oxides, metals, and finished permanent magnets. Its core value proposition is the establishment of a secure, U.S.-aligned supply chain for critical minerals to reduce reliance on foreign-controlled processing infrastructure.

Competitive position

A vertically integrated player leveraging established South Korean commercial-scale operations to build a domestic U.S. industrial campus for high-performance magnet production.

GeographiesUnited States, South Korea

Customer segmentsAutomotive OEMs, Defense Contractors, Renewable Energy Developers, Government Agencies

Business modelVertically Integrated Manufacturing, Urban Mining, Industrial Processing

SuppliersEnd-of-life electronic waste providers, Spent lithium-ion battery suppliers, U.S. Government classified scrap streams, Industrial automation and AI software providers

CustomersElectric vehicle gigafactories, Defense and aerospace contractors, Wind turbine manufacturers, Consumer electronics OEMs, Metal smelters and refineries

CountryUnited States of America

Listed2026

CEOFrank Moon

SectorBasic Materials

IndustryIndustrial Materials

Websiteevolution-metals.com

FilingsSEC EDGAR

Questions, answered.

What is Evolution Metals & Technologies Corp. 's market cap?: Evolution Metals & Technologies Corp. (EMAT) has a market capitalization of $3.1B and trades on NASDAQ.
Who are Evolution Metals & Technologies Corp. 's competitors?: Evolution Metals & Technologies Corp. 's key competitors include MP Materials, Materion Corporation, AMERICAN RESOURCES CORP, and others. These companies compete in similar markets and product categories.
Who does Evolution Metals & Technologies Corp. partner with?: Evolution Metals & Technologies Corp. 's notable partners include TAEIL Engineering, Korea Institute of Geoscience and Mineral Resources (KIGAM), Korea Institute of Industrial Technology (KITECH), and others.
What subsidiaries does Evolution Metals & Technologies Corp. have?: Evolution Metals & Technologies Corp. 's subsidiaries include Evolution Metals LLC, Handa Lab Co., Ltd., KCM Industry Co., Ltd., and others.
Where is Evolution Metals & Technologies Corp. headquartered?: Evolution Metals & Technologies Corp. is headquartered in United States of America. It has been publicly traded since 2026.