Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Evolution Metals & Technologies Corp. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2024
FY2024
FY2025
General and administrative
3.13
2.02
1.43
1.95
Operating expenses
3.33
Operating income
-2.22
-1.58
-2.04
Interest income
1.12
2.17
0.81
0.28
Other non-operating income
1.12
2.17
0.81
0.29
Pre-tax income
-0.05
-0.77
-1.75
Income tax
0.18
0.13
0.04
Net income
-2.39
-0.05
-0.9
-1.79
Balance sheet
FY2022
FY2024
FY2024
FY2025
Cash and equivalents
0.31
0.01
0
0
Other current assets
0.03
0
0.01
0.05
Total current assets
0.33
0.01
0.02
13.2
Intangible assets
5
5
Total assets
80.2
23.9
12.3
22.5
Accounts payable
1.82
2.85
2.93
4.65
Total current liabilities
3.91
6.65
8.23
677
Total liabilities
6.62
9.35
10.9
677
Paid-in capital
-2.37
Retained earnings
-5.94
-9.27
-10.8
-679
Other comprehensive income
0.01
Shareholders' equity
-5.94
-9.27
-10.8
-655
Total equity
-5.94
-9.27
-51
-655
Total liabilities and equity
80.2
23.9
12.3
22.5
Shares outstanding
2.28
2.28
2.28
0
Cash flow statement
FY2022
FY2024
FY2024
FY2025
Net income
-2.39
-0.05
-0.9
-1.79
Change in payables
1.82
1.03
0.08
0.7
Cash from operations
-0.98
-1.35
-1.46
-1.33
Cash from investing
-3.52
58
12.3
6.07
Stock issued
0.05
Share buybacks
-58.4
-12.2
Cash from financing
3.82
-57.1
-11
-4.74
Net change in cash
-0.68
-0.35
-0.17
0
Income taxes paid
0.18
0.19
0.01
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $3.20 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-415.6%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
83.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-34.5%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.16x
Current assets / current liabilities.
Quick ratio
0.08x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.06x
(Cash + short-term investments) / current liabilities.
Debt / assets
3.8%
Total debt / total assets.
Liabilities / assets
119.8%
Total liabilities / total assets.
Net debt
-$1.7M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share
-$0.02
Cash from operations / diluted weighted shares.
Book value per share
-$0.03
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
Earnings yield
-19.9%
Net income / market cap (the inverse of P/E).
Was Evolution Metals & Technologies Corp. profitable in fiscal 2025?
No. It reported a net loss of $1.8M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.