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Other income, net (Note 6) at other companies

MP Materials logo
MP MaterialsMP
$20.33M+33.6%
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MaterionMTRN
$317K-44.1%
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Element SolutionsESI
$10.7M+138%
Lithium Americas logo
Lithium AmericasLAC
$6.61M+421%
Albemarle logo
AlbemarleALB
$19.63M+399%
QuantumScape Corporation logo
QuantumScape CorporationQS
-$25K-131%

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:OtherNonoperatingIncomeExpense.

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
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)
Change in fair value of financial instruments(425,227)(15,467)
Loss on foreign currency(23)
Loss before income taxes(440,314)(17,996)

Item 1. Financial Statements.

FAQ

What is Evolution Metals & Technologies Corp.'s other income, net (note 6)?
Evolution Metals & Technologies Corp. (EMAT) reported other income, net (note 6) of $1.3M in Q1 2026.
How has Evolution Metals & Technologies Corp.'s other income, net (note 6) changed year-over-year?
Evolution Metals & Technologies Corp.'s other income, net (note 6) increased by 418.4% year-over-year, from $250K to $1.3M.
What does other income, net (note 6) mean?
This captures miscellaneous financial items that fall outside the scope of core operating activities, such as foreign exchange gains or losses, minor investment income, or non-recurring legal settlements. It serves as a catch-all for peripheral financial events that do not stem from the primary business operations. Investors monitor this to isolate core earnings from transient or incidental financial fluctuations.

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