Evolution Metals & Technologies Corp.
EMAT Nasdaq Miscellaneous Electrical Machinery, Equipment & Supplies Financials FY2022–FY2025
Last close · Oct 23, 2026
$1.43
5.9%What Evolution Metals & Technologies Corp. does
No business description yet.
- Legal name
- Evolution Metals & Technologies Corp.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 20, 2026
- Accession · CIK
- 0001213900-26-018858
0001866226
Revenue and margins
Evolution Metals & Technologies Corp. had — of revenue in fiscal 2025.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was — in fiscal 2025, — of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Evolution Metals & Technologies Corp. returned — to shareholders in fiscal 2025. The diluted share count rose 0.0%.
Balance sheet
Cash, debt and the ratios that show how comfortably Evolution Metals & Technologies Corp. can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash and short-term investments | $0.3M | $0.0M | $0.0M | $0.0M |
| Current ratio | 0.1x | 0.0x | 0.0x | 0.0x |
| Quick ratio | 0.1x | 0.0x | 0.0x | 0.0x |
| Total assets | $80.2M | $23.9M | $12.3M | $22.5M |
| Total liabilities | $6.6M | $9.4M | $10.9M | $677M |
| Shareholders' equity | −$5.9M | −$9.3M | −$10.8M | −$655M |
| Net debt (− = net cash) | — | — | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income is positive | ✕ | ✕ | ✕ | ✕ |
| Cash from operations is positive | ✕ | ✕ | ✕ | ✕ |
| Return on assets rose | — | ✓ | ✕ | ✕ |
| Cash from operations exceeds net income | ✓ | ✕ | ✕ | ✓ |
| Debt fell relative to assets | — | — | — | — |
| Current ratio rose | — | ✕ | ✓ | ✓ |
| Share count didn't rise | — | — | — | — |
| Gross margin rose | — | — | — | — |
| Revenue rose relative to assets | — | — | — | — |
| F-score | — / 3 | — / 5 | — / 5 | — / 5 |
| Accruals ratio | −1.8% | 2.5% | 3.1% | −2.7% |
| Altman Z'' | — | −4.75 | −9.16 | −293.73 |
4 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Income statement | ||||
| Operating income | — | −$2.2M | −$1.6M | −$2.0M |
| Pretax income | — | −$0.1M | −$0.8M | −$1.8M |
| Income tax | $0.2M | — | $0.1M | $0.0M |
| Net income | −$2.4M | −$0.1M | −$0.9M | −$1.8M |
| Cash flow | ||||
| Cash from operations | −$1.0M | −$1.3M | −$1.5M | −$1.3M |
| Share buybacks | — | $58.4M | $12.2M | — |
| Dividends and buybacks | — | $58.4M | $12.2M | — |
| Balance sheet | ||||
| Cash and short-term investments | $0.3M | $0.0M | $0.0M | $0.0M |
| Current assets | $0.3M | $0.0M | $0.0M | $13.2M |
| Current liabilities | $3.9M | $6.6M | $8.2M | $677M |
| Intangible assets | $5.0M | $5.0M | — | — |
| Total assets | $80.2M | $23.9M | $12.3M | $22.5M |
| Total liabilities | $6.6M | $9.4M | $10.9M | $677M |
| Shareholders' equity | −$5.9M | −$9.3M | −$10.8M | −$655M |
| Returns | ||||
| Return on capital employed | — | −12.9% | −39.1% | 0.3% |
| Return on assets | −3.0% | −0.1% | −5.0% | −10.3% |
| Financial health | ||||
| Current ratio | 0.1x | 0.0x | 0.0x | 0.0x |
| Quick ratio | 0.1x | 0.0x | 0.0x | 0.0x |
| Quality scores | ||||
| Altman Z'' | — | −4.7 | −9.2 | −293.7 |
| Accruals ratio | −1.8% | 2.5% | 3.1% | −2.7% |
Source: SEC EDGAR XBRL filings (CIK 0001866226). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.
