EMAT · Evolution Metals & Technologies Corp. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“As a result of the above, in connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s ("FASB") Accounting Standards Update ("ASU") 2014-15, "Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern," management has determined that the Company’s liquidity condition raises substantial doubt about the Company’s ability to continue as a going concern through twelve months from the date these financial statements are available to be issued. These financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.”View the 10-Q filed Aug 17, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| $12.07M | $1.95M | $1.43M | $2.02M | $3.13M | |
| — | — | — | — | $3.33M | |
| -$24.18M | -$2.04M | -$1.58M | -$2.22M | — | |
| — | $276.62K | $808.87K | $2.17M | $1.12M | |
| $1.11M | $290.13K | $808.87K | $2.17M | $1.12M | |
| $2.52M | — | — | — | $1.12M | |
| -$395.14M | -$1.75M | -$773.98K | -$54.32K | — | |
| — | $38.69K | $125.95K | — | $180.69K | |
| -$395.13M | -$1.79M | -$899.93K | -$54.32K | -$2.39M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2024: $70.57M in buybacks.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Long-term debt, including current maturities | 2026-06-30 | USD 3,572,000 | 10-Q filed 2026-08-17 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Short-term borrowings | 2026-06-30 | USD 2,625,000 | 10-Q filed 2026-08-17 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 11 similar-size Other Industrial Metals & Mining companies (of 27 listed).