Evolution Metals & Technologies Corp. (EMAT) Income Statement
EMAT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEMAT revenue and net income
EMAT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EMAT quarterly EPS vs estimates
Evolution Metals & Technologies beat the analyst EPS estimate in 0 of the last 1 quarters.
EMAT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | — | — | $16,671 | — | — |
| Gross profit | — | — | −$16,671 | — | — |
| Sales, general & admin | $1.9M | $1.4M | $7.0M | — | — |
| Total operating expenses | $2.0M | $1.6M | $2.2M | $3.3M | $68,615 |
| Operating income | −$2.0M | −$1.6M | −$2.2M | −$3.3M | −$68,615 |
| Interest income | $276,616 | $808,868 | — | — | — |
| Interest expense | — | — | $568,137 | — | — |
| Income before taxes | −$1.8M | −$773,977 | −$54,322 | −$2.2M | −$68,604 |
| Income taxes | $38,685 | $125,950 | — | $180,688 | — |
| Net income | −$1.8M | −$899,927 | −$54,322 | −$2.4M | −$68,604 |
| EBITDA | −$2.0M | −$1.6M | −$37,651 | −$2.2M | −$68,604 |
| EPS (diluted) | −$0.48 | −$0.26 | $0.01 | −$0.24 | −$0.01 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6M | $1.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $1.8M | $1.4M | — | — | $0 | $0 | — | — | — | — | — | — |
| Gross profit | −$115,000 | $445,000 | — | — | $0 | $0 | — | — | — | — | — | — |
| Sales, general & admin | $12.1M | $16.1M | — | — | $2.9M | $2.8M | — | — | — | — | — | — |
| Total operating expenses | $12.1M | $6.7M | $362,776 | $466,969 | $8.0M | $3.3M | $707,683 | $225,508 | $327,662 | $321,992 | $328,499 | $605,524 |
| Operating income | −$12.2M | −$6.3M | −$362,776 | −$466,969 | −$8.0M | −$3.3M | −$707,683 | −$225,508 | −$327,662 | −$321,992 | −$328,499 | −$605,524 |
| Interest expense | $821,000 | $705,000 | — | — | — | — | — | — | — | — | — | — |
| Income before taxes | −$12.0M | −$440.3M | −$309,015 | −$425,974 | −$40.9M | −$18.0M | −$598,676 | −$44,967 | −$69,023 | −$61,311 | −$14,942 | −$97,618 |
| Income taxes | −$51,000 | — | $3,334 | $9,701 | $13,081 | $12,569 | $55,122 | $35,730 | $26,249 | $8,849 | — | −$261,911 |
| Net income | −$11.9M | −$440.3M | −$312,349 | −$435,675 | −$40.9M | −$18.0M | −$653,798 | −$80,697 | −$95,272 | −$70,160 | −$14,942 | $164,293 |
| EBITDA | −$11.9M | −$6.0M | −$362,776 | −$466,969 | −$8.0M | −$3.3M | −$707,683 | −$44,967 | −$69,023 | −$61,311 | −$14,942 | −$97,618 |
| EPS (diluted) | −$0.02 | −$0.02 | −$0.01 | −$0.16 | −$0.16 | −$0.15 | −$0.19 | −$0.02 | −$0.02 | −$0.02 | −$0.00 | $0.03 |
| Gross margin | −7.0% | 23.7% | — | — | — | — | — | — | — | — | — | — |
| Operating margin | −744.9% | −332.9% | — | — | — | — | — | — | — | — | — | — |
| Net margin | −728.0% | −23,433.4% | — | — | — | — | — | — | — | — | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EMAT's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EMAT financial results
Evolution Metals & Technologies reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $1.8 million. Diluted earnings per share came to −$0.48.
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EMAT income statement FAQ
Does Evolution Metals & Technologies have revenue?
Evolution Metals & Technologies reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Evolution Metals & Technologies profitable?
No. Evolution Metals & Technologies reported a net loss of $1.8 million in fiscal 2025.
What are Evolution Metals & Technologies's earnings per share?
Evolution Metals & Technologies earned $-0.48 per diluted share in fiscal 2025, compared with $-0.26 a year earlier.
When does Evolution Metals & Technologies's fiscal year end?
Evolution Metals & Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.