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Other financials

Income statement

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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

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Cash & equivalents$5.4M+44.7%
Total debt$6.8M
Total equity-$24.8M-118%
Total assets$85.6M+592%

Cash flow

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CapEx$24.0K
Free cash flow-$5.6M

Valuation

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Market cap$1.67B-89.0%
Enterprise value$1.67B

Returns & leverage

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Return on equity2,445%
Debt / equity-0.3×
Current ratio0.1×+0.1×

Where this comes from

Reported directly by Evolution Metals & Technologies Corp. in its filing.

Tagged under the XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities.

The source filing: Evolution Metals & Technologies Corp.’s 10-Q, filed May 22, 2026.

Filed
May 22, 2026, 5:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001213900-26-060654
in thousandsThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Non-trade accounts payable1,195
Other liabilities109
Accrued expenses and other current liabilities174(23)
Net cash used in operating activities(5,569)(2,063)
Cash flows from investing activities
Purchases of property, plant and equipment$(24)
Payments for leasehold deposits(2)
Issuance of notes receivable(474)

Item 1. Financial Statements.

FAQ

What is Evolution Metals & Technologies Corp.'s operating cash flow?
Evolution Metals & Technologies Corp. (EMAT) reported operating cash flow of -$5.57M in Q1 2026.
How has Evolution Metals & Technologies Corp.'s operating cash flow changed year-over-year?
Evolution Metals & Technologies Corp.'s operating cash flow decreased by 169.9% year-over-year, from -$2.06M to -$5.57M.
What is the long-term trend for Evolution Metals & Technologies Corp.'s operating cash flow?
Over 2 years (2022 to 2024), Evolution Metals & Technologies Corp.'s operating cash flow has grown at a 22.3% compound annual growth rate (CAGR), from -$976.31K to -$1.46M.
What does operating cash flow mean?
Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.

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