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Effective tax rates at other companies

Albemarle logo
AlbemarleALB
$0.08+102%
Lithium Americas logo
Lithium AmericasLAC

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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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:EffectiveIncomeTaxRateContinuingOperations.

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

The effective tax rate for the three months ended March 31, 2026, was 0%. The difference between the effective tax rate and the statutory tax rate of 21% for the three months ended March 31, 2026, is primarily due to the impact of the valuation allowance.

Item 1. Financial Statements.

FAQ

What is Evolution Metals & Technologies Corp.'s effective tax rates?
Evolution Metals & Technologies Corp. (EMAT) reported effective tax rates of 0% in Q1 2026.
How has Evolution Metals & Technologies Corp.'s effective tax rates changed year-over-year?
Evolution Metals & Technologies Corp.'s effective tax rates increased by 100.0% year-over-year, from -2.5% to 0%.
What does effective tax rates mean?
This metric represents the actual income tax expense as a percentage of income from continuing operations before taxes. It serves as a key indicator of the company's tax efficiency and the impact of various tax jurisdictions and credits on the bottom line. It is essential for comparing the tax burden across different companies and business models.

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