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Other financials

Income statement

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Revenue$1.9M
Gross profit$445.0K
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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Operating cash flow-$5.6M-170%
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:OperatingIncomeLoss.

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 thousands, except share dataThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Gross profit445
Operating expense:
Selling, general and administrative(16,100)(2,802)
Operating loss(15,655)(2,802)
Other income (expense):
Interest (expense) income, net(705)493
Other income (expense), net1,296250
Provision for credit losses(470)

Item 1. Financial Statements.

FAQ

What is Evolution Metals & Technologies Corp.'s operating income?
Evolution Metals & Technologies Corp. (EMAT) reported operating income of -$15.66M in Q1 2026.
How has Evolution Metals & Technologies Corp.'s operating income changed year-over-year?
Evolution Metals & Technologies Corp.'s operating income decreased by 458.7% year-over-year, from -$2.8M to -$15.66M.
What is the long-term trend for Evolution Metals & Technologies Corp.'s operating income?
Over 2 years (2023 to 2025), Evolution Metals & Technologies Corp.'s operating income has grown at a 38.1% compound annual growth rate (CAGR), from -$2.22M to -$4.24M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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