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Evolution Metals & Technologies Corp. EMAT Interest Earned On Trust Account To Pay Franchise And Income Taxes

Interest Earned On Trust Account To Pay Franchise And Income Taxes at other companies

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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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Operating cash flow-$5.6M-170%
CapEx$24.0K
Free cash flow-$5.6M

Valuation

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Market cap$4.41B

Returns & leverage

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Current ratio0.1×+0.1×

Where this comes from

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

Tagged under the XBRL concept emat:InterestEarnedOnTrustAccountToPayFranchiseAndIncomeTaxes.

The official record: Evolution Metals & Technologies Corp. ’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Evolution Metals & Technologies Corp. 's interest earned on trust account to pay franchise and income taxes?
Evolution Metals & Technologies Corp. (EMAT) reported interest earned on trust account to pay franchise and income taxes of $261.31K in Q4 2025.
What does interest earned on trust account to pay franchise and income taxes mean?
This metric tracks the interest income generated by funds held in a trust account specifically designated for covering corporate franchise and income tax obligations. For special purpose acquisition companies, this represents a critical liquidity source for maintaining corporate compliance without depleting working capital. It highlights the company's ability to self-fund administrative costs through passive investment returns.