For Q1 FY2026 ended March 31, 2026, Evolution Metals & Technologies Corp. reported revenue of $1.879 million and a net loss of $440.314 million, a significant increase from the prior year. Operating loss was $15.655 million, and diluted EPS was -$0.72. The company had cash of $4,022, negative equity of $24.759 million, and long-term debt of $4.217 million.
•Revenue was $1.879 million for Q1 FY2026.
•Net loss widened to $440.314 million from a loss of $18.0 million in the prior year.
•Operating loss was $15.655 million, compared to a loss of $2.8 million a year ago.
•Cash balance was $4,022 as of December 31, 2025, and equity was negative $24.759 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Evolution Metals & Technologies Corp. critical materials and advanced manufacturing company. It focuses on non-China-dependent supply chain for rare earth permanent magnets, battery materials, and related critical technologies. The company is based in West Palm Beach, Florida.
What does Evolution Metals & Technologies Corp. (EMAT) do?
Evolution Metals & Technologies Corp. is a critical materials and advanced manufacturing company. It focuses on building a non-China-dependent supply chain for rare earth permanent magnets, battery materials, and related critical technologies. The company aims to secure the supply of essential materials used in electric vehicles, renewable energy, and defense applications. By developing domestic and allied-country sources, it reduces reliance on Chinese imports. Its activities span from material sourcing to advanced manufacturing of permanent magnets and battery components.
Where is Evolution Metals & Technologies Corp. (EMAT) listed and in which currency?
Evolution Metals & Technologies Corp. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol EMAT. Its shares trade in US Dollars (USD), reflecting its primary listing in the United States. The NasdaqGM is a tier of the Nasdaq Stock Market that lists companies meeting specific financial and liquidity requirements. Investors can buy and sell EMAT shares through brokerage accounts that support US equities.
What sector and industry does Evolution Metals & Technologies Corp. (EMAT) operate in?
Evolution Metals & Technologies Corp. operates in the Basic Materials sector, specifically within the Other Industrial Metals & Mining industry. This classification includes companies involved in the mining, processing, and distribution of metals and minerals not categorized under major groups like copper or gold. For EMAT, this means focusing on critical materials such as rare earth elements and battery materials, which are essential for modern technologies but often sourced from limited geographic regions.
Where is Evolution Metals & Technologies Corp. (EMAT) headquartered?
Evolution Metals & Technologies Corp. is headquartered in West Palm Beach, Florida, United States. The company's location in Florida places it in a major business hub with access to transportation and financial services. Being based in the US aligns with its strategy of developing a non-China-dependent supply chain for critical materials, leveraging domestic resources and partnerships. The headquarters oversees its operations in rare earth permanent magnets, battery materials, and advanced manufacturing.
What is the business model of Evolution Metals & Technologies Corp. (EMAT)?
Evolution Metals & Technologies Corp. operates as a critical materials and advanced manufacturing company. Its business model centers on creating a secure, non-China-dependent supply chain for rare earth permanent magnets, battery materials, and related critical technologies. The company likely generates revenue through the sale of processed materials, manufactured components, and technology licensing. By focusing on materials essential for electric vehicles, renewable energy, and defense, it targets high-growth markets. Its strategy involves vertical integration from material sourcing to advanced manufacturing, aiming to capture value across the supply chain.