Evolution Metals & Technologies (EMAT)
Nasdaq Market Closed
Evolution Metals & Technologies Corp. is a critical materials and technology company focused on the supply chains that support advanced manufacturing, energy systems, electronics, defence applications, and other sectors that rely on specialised minerals. Its strategy centres on critical minerals and materials, including rare earth elements, where availability, processing capacity, and geopolitical concentration can create supply risk for manufacturers and governments.
The company aims to build a secure, dependable, and self-sustaining supply chain aligned with the United States and its partners. That focus places Evolution Metals & Technologies in a market shaped by efforts to reduce reliance on overseas sources for materials used in permanent magnets, batteries, semiconductors, industrial equipment, and clean-energy infrastructure. Rather than operating only as a conventional mining business, the company presents itself as a materials platform that combines resource development, processing, technology, and recycling considerations.
A key part of its approach is urban mining, which involves recovering valuable materials from end-of-life products and industrial waste streams. Recycling can help extend the useful life of scarce materials, reduce the need for new extraction, and provide an additional domestic source of supply. For investors, the company’s appeal is tied to the broader policy and commercial push for resilient critical mineral networks, as well as the execution challenge of turning material recovery and supply-chain development into scalable operations.
Last updated
- Market Cap
- $2,275,753,764
- P/E
- —
- P/FCF
- —
- P/S
- 1,211.15
- Enterprise Value
- $2,328,359,764
- Sector
- Industrials
- Industry
- Miscellaneous Electrical Machinery, Equipment, and Supplies
- Address
- 516 S DIXIE HWY, WEST PALM BEACH, FL, 33401
Evolution Metals & Technologies Corp. Validates Commercial-Scale Non-China Rare Earth Magnet Supply Capability Ahead of January 2027 DFARS Defense Sourcing Deadline
Evolution Metals & Technologies Corp. (EMAT): 7 Best Steel and Metal Stocks to Buy for Energy Infrastructure
Evolution Metals & Technologies Corp. Secures $100 Million Investment from Yorkville Advisors Global, LP
Evolution Metals & Technologies Corp. Releases Corporate Video Showcasing Current Rare Earth Magnet Production Operations
Evolution Metals & Technologies Corp. to Host Investor & Analyst Webinar on February 19, 2026 at 10 AM ET
Evolution Metals & Technologies Corp. Consummates Business Combination Prior to Trading on NASDAQ
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $2,275,753,764
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $2,328,359,764
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- -91.92
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 1,211.15
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -138.27
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 1,239.15
- EPS
- -0.71
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -$6,446,351
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 1,783.53%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -515.76%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- -2.34
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 0.12
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 0.1
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.06
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $83,466
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 3.66
Income Statement
| Line Item | 2026 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|
| Revenue | 1.88M | — | — | — | — |
| Cost of revenue | 1.43M | 0 | 0 | 0 | 0 |
| Gross profit | 445K | — | — | — | — |
| Operating income | -15.66M | -707.68K | -225.51K | -327.66K | -321.99K |
| EBITDA | -15.4M | -707.68K | -225.51K | -327.66K | -321.99K |
| Net income | -440.31M | -653.8K | -80.7K | -95.27K | -70.16K |
| Income taxes | — | 55.12K | 35.73K | 26.25K | 8.85K |
| Interest expense | -705K | — | — | — | — |
| Other operating expenses | 0 | 37.57K | 10.4K | 50K | 50K |
| Total operating expenses | 16.1M | 707.68K | 225.51K | 327.66K | 321.99K |
| Basic EPS | -0.72 | -0.17 | -0.02 | -0.02 | -0.02 |
| Diluted EPS | -0.72 | -0.17 | -0.02 | -0.02 | -0.02 |
Balance Sheet
| Line Item | 2026 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|
| Total assets | 85.62M | 12.27M | 12.25M | 24.48M | 24.2M |
| Total liabilities | 96.44M | 10.93M | 10.25M | 22.4M | 9.68M |
| Total equity | -10.82M | -10.8M | -10.13M | -9.92M | -9.53M |
| Cash & equivalents | 5.39M | 1.19K | 1.19K | 2.56K | 6.76K |
| Current assets | 11.27M | 15.26K | 21.44K | 43.06K | 6.76K |
| Current liabilities | 93.09M | 8.23M | 7.55M | 19.7M | 6.98M |
| Accounts payable | 8.95M | 2.93M | 2.77M | 2.8M | 2.7M |
| Receivables | 3.47M | 0 | 0 | 0 | 0 |
| Inventories | 1.56M | — | — | — | — |
| Goodwill | 60.06M | — | — | — | — |
| Long-term debt | 2.61M | — | — | — | — |
Cash Flow
| Line Item | 2026 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | -5.57M | -529.49K | -361.46K | -194.58K | -373.74K |
| Investing cash flow | 1.01M | 81.2K | 12.22M | 19.17K | — |
| Financing cash flow | -1.74M | 448.29K | -12.03M | 177.77K | 373.74K |
| Change in cash | -6.3M | 0 | -169.39K | 2.37K | — |
| Net income | -440.31M | -653.8K | -80.7K | -95.27K | -70.16K |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 424B3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | EFFECT — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | S-1 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 10-Q — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | DRS — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13D/A — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | NT 10-Q — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | D — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K/A — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| form 3 | Form 3 — Locker Saul Richard | View Filing | |
| form 3 | Form 3 — Locker Saul Richard | View Filing | |
| edgar index | 10-K — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| form 3 | Form 3 — Arrastia John Jr | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | SCHEDULE 13D — Evolution Metals & Technologies Corp. | View Filing | |
| form 3 | Form 3 — Zeus Trust, UA dated April 15, 2025 | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | SCHEDULE 13D — Evolution Metals & Technologies Corp. | View Filing | |
| form 3 | Form 3 — NYX 2025 Irrevocable Trust, UA dated April 8, 2025 | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 425 — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | SCHEDULE 13D — Evolution Metals & Technologies Corp. | View Filing | |
| form 3 | Form 3 — GOOD EARTH 1000, LLC | View Filing | |
| form 3 | Form 3 — Garcia Nicole Marie | View Filing | |
| edgar index | 3/A — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 4 — Evolution Metals & Technologies Corp. | View Filing | |
| form 3 | Form 3 — Stoddard Thomas K | View Filing | |
| form 3 | Form 3 — Stoddard Thomas K | View Filing | |
| edgar index | 4 — Evolution Metals & Technologies Corp. | View Filing | |
| form 4 | Form 4 — Stoddard Thomas K | View Filing | |
| edgar index | 8-K — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 8-K/A — Evolution Metals & Technologies Corp. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | CERT — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 8-K — Welsbach Technology Metals Acquisition Corp. | View Filing | |
| edgar index | 424B3 — Welsbach Technology Metals Acquisition Corp. | View Filing | |
| edgar index | 8-A12B — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| edgar index | 3 — Evolution Metals & Technologies Corp. | View Filing | |
| form 3 | Form 3 — Wilcox David | View Filing | |
| form 3 | Form 3 — Stoddard Thomas K | View Filing | |
| form 3 | Form 3 — Moon Suk Jin | View Filing | |
| form 3 | Form 3 — Miller Christopher Charles | View Filing | |
| form 3 | Form 3 — Knaggs Andrew F | View Filing | |
| form 3 | Form 3 — Hansen Christopher James | View Filing | |
| form 3 | Form 3 — Clower Christopher | View Filing |