Stocks · Basic Materials · Industrial Materials
Evolution Metals & Technologies Corp. Common Stock EMAT
$2.06 +0.98% Close, Oct 5, 2026 · NASDAQ · Market cap $1.21B
Expensive vs sectorHigh risk
Next earnings report: Nov 16, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 36.7% in a year.
- The stock is 90% below its highest close of the past year.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 1%
- Gross marginBottom 15%
- Operating marginBottom 5%
- Accruals (lower is better)Top 2%
- Interest coverBottom 10%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 4%
- Free-cash-flow yieldBottom 28%
- EBITDA / enterprise valueBottom 20%
- Sales / enterprise valueBottom 3%
Strength and persistence of the price trend, including versus the S&P 500.
- 6-month returnBottom 1%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 6%
- Consecutive EPS beatsBottom 21%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 1%
- Maximum drawdown, 3 yearsBottom 3%
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Gross margin | 9.4% | — | Bottom 15% | |
| Operating margin | -548.3% | — | Bottom 5% | |
| Net margin | -12886.8% | — | — | |
| Free-cash-flow margin | -652.0% | — | — | |
| Return on invested capital | -204.1% | — | Bottom 1% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -460.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -12.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.48%
- Shareholder yield
- 0.48%
- Share count change, 1 year
- +36.7%
- Share count change, 3-year CAGR
- +372.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 17, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 1 of 3
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- -7.4%
- Positive 20 days after report
- 1 of 3
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 17, 2026 | +0.0% | -7.9% | +31.0% | +9.9% | — |
| May 22, 2026 | +33.3% | -4.0% | -18.9% | -16.0% | -62.5% |
| Feb 21, 2026 | -1000.0% | -10.3% | -27.4% | -37.9% | -32.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 17, 2026 | -$0.02 | -$0.02 | +0.0% | $1.6M |
| May 22, 2026 | -$0.02 | -$0.03 | +33.3% | $1.9M |
| Feb 21, 2026 | -$0.11 | -$0.01 | -1000.0% | — |
| Nov 18, 2025 | -$0.16 | — | — | — |
| Aug 15, 2025 | -$0.16 | — | — | — |
| May 15, 2025 | -$0.15 | — | — | — |
| Mar 26, 2025 | -$0.19 | — | — | — |
| Nov 19, 2024 | -$0.02 | — | — | — |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 350.70× | — | — | Bottom 3% |
| Free-cash-flow yield | -1.89% | — | — | Bottom 28% |
| Earnings yield | -48.99% | — | — | Bottom 4% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- 50-day average slope (20 days)
- -23.8%
- Distance from 50-day average
- -36.7%
- RSI (14)
- 31.3
- Relative volume
- 0.78×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 146.4%
- Current drawdown from 1-year high
- -90.3%
- Maximum drawdown, 3 years
- -90.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 6, 2026 | Oct 2, 2026 | -90.4% | 186 days | Not yet recovered |
| Jan 2, 2026 | Jan 5, 2026 | -36.5% | 1 days | 1 days (Jan 6, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.21B
- EPS, diluted (TTM)
- -$1.01
- Revenue (TTM)
- $3.5M
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 | $0 |
| Operating income | -$68,615 | -$3.3M | -$2.2M | -$1.6M | -$2.0M |
| Net income | -$68,604 | -$2.4M | -$54,322 | -$899,927 | -$1.8M |
| EPS (diluted) | -$0.01 | -$0.24 | -$0.01 | -$0.00 | -$0.00 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $1.9M | $1.6M |
| Net income | -$80,697 | -$653,798 | -$18.0M | -$40.9M | -$435,675 | -$312,349 | -$440.3M | -$11.9M |
| EPS (diluted) | -$0.02 | -$0.19 | -$0.03 | -$0.09 | -$0.16 | -$0.11 | -$0.72 | -$0.02 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$260,824 | -$677,892 | -$8.6M | -$1.5M | -$1.3M |
| Capital expenditure | $5 | $0 | -$12.1M | $3 | $0 |
| Free cash flow | -$260,820 | -$677,890 | -$20.8M | -$1.5M | -$1.3M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $76.5M | $2.3M | -$58.4M | -$12.2M | -$5.9M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $5.3M
- Total assets
- $95.1M
- Total liabilities
- $113.9M
- Total debt
- $27.5M
- Net debt
- $22.3M
- Shareholders’ equity
- -$18.9M
As of Jun 30, 2026 (filed Aug 17, 2026).
Short interest
- Shares sold short
- 1,436,796
- Days to cover
- 1.38
- Change vs previous report
- +14.2%
FINRA short interest, settlement date Sep 15, 2026.