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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$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:RetainedEarningsAccumulatedDeficit.

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 dataMarch 31, 2026 (Unaudited)December 31, 2025
Equity-classified CPU share allocation186,766
Additional paid-in capital908,599(2,374)
Convertible preferred units (Note 13 - Equity)26,262
Accumulated deficit(1,119,121)(678,807)
Accumulated other comprehensive income(1,062)6
Total stockholders’ deficit(24,759)(654,868)
Noncontrolling interest13,935
Total deficit(10,824)(654,868)

Item 1. Financial Statements.

FAQ

What is Evolution Metals & Technologies Corp.'s retained earnings?
Evolution Metals & Technologies Corp. (EMAT) reported retained earnings of -$1.12B in Q1 2026.
How has Evolution Metals & Technologies Corp.'s retained earnings changed year-over-year?
Evolution Metals & Technologies Corp.'s retained earnings decreased by 9749.7% year-over-year, from -$11.36M to -$1.12B.
What is the long-term trend for Evolution Metals & Technologies Corp.'s retained earnings?
Over 4 years (2021 to 2025), Evolution Metals & Technologies Corp.'s retained earnings has grown at a 384.5% compound annual growth rate (CAGR), from -$1.23M to -$678.81M.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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