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Evolution Metals & Technologies Corp. EMAT Reversal Of Excise Tax Payable Attributable To Redemption Of Common Stock

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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:ReversalOfExciseTaxPayableAttributableToRedemptionOfCommonStock.

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 reversal of excise tax payable attributable to redemption of common stock?
Evolution Metals & Technologies Corp. (EMAT) reported reversal of excise tax payable attributable to redemption of common stock of $191.06K in Q4 2025.
What does reversal of excise tax payable attributable to redemption of common stock mean?
Captures the reduction in previously recorded excise tax liabilities associated with the redemption of common stock. This adjustment typically occurs when the actual tax liability is lower than the initial estimate or when specific tax provisions are revised.