Evolution Metals & Technologies Corp. EMAT

Q2 FY2026 · ended Jun 30, 2026 · Revenue $1.64M, -12.9% YoY · Filed Aug 17, 2026

Evolution Metals & Technologies Corp. (EMAT) files with the SEC under industry code 3690, Miscellaneous Electrical Machinery, Equipment & Supplies. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $1.6 million and a net loss of $11.9 million. Free cash flow was -$17.0 million. As of Jun 30, 2026 it held $5.3 million in cash and investments and $6.2 million in total debt.

Revenue
$1.64M
-12.9% vs prior quarter
Net income
$-11.91M
+70.9% vs year-ago quarter
Operating cash flow
$-9.25M
-285.5% vs year-ago quarter
Free cash flow
$-16.96M
-203.3% vs prior quarter
EPS
$-0.02
+97.2% vs prior quarter
Dividend per share
None
Shares outstanding
621.80M
+26102.8% vs year-ago quarter
Net cash
$-897,000
Q2 FY2026
Operating margin
-744.9%
Q2 FY2026

Company profile

Industry
Miscellaneous Electrical Machinery, Equipment & Supplies (SIC 3690)
Listed as
EMAT (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Miami, FL
SEC filer status
, Emerging growth company
SEC CIK
1866226
Former names
Welsbach Technology Metals Acquisition Corp. (until Jan 5, 2026)

Other Miscellaneous Electrical Machinery, Equipment & Supplies companies

Key figures

Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.

Line
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Revenue
$1.6M
$1.9M
—
—
—
Operating income
-$12.2M
-$15.7M
-$362,776
-$466,969
-$2.9M
Net income
-$11.9M
-$440.3M
-$312,349
-$435,675
-$40.9M
Diluted EPS
-$0.02
-$0.72
—
—
—
Operating cash flow
-$9.2M
-$5.6M
-$255,776
$3.4M
-$2.4M
Free cash flow
-$17.0M
-$5.6M
—
—
—
Total assets
$95.1M
$85.6M
$22.5M
$6.6M
$12.4M
Total liabilities
$113.9M
$96.4M
$677.4M
$12.6M
$23.4M
Stockholders' equity
-$18.9M
-$24.8M
-$654.9M
-$12.5M
-$12.0M
Cash and investments
$5.3M
$5.4M
$4,022
—
$711
Total debt
$6.2M
$7.8M
—
—
—

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Regulation FD disclosure
Oct 29, 2026 Oct 29, 2026
8-K Current report
Regulation FD disclosure
Oct 29, 2026 Oct 28, 2026
8-K Current report
Regulation FD disclosure
Oct 28, 2026 Oct 28, 2026
8-K Current report
Regulation FD disclosure
Oct 15, 2026 Oct 15, 2026
8-K Current report
Regulation FD disclosure
Oct 14, 2026 Oct 14, 2026
8-K Current report
Regulation FD disclosure
Oct 9, 2026 Oct 9, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.