Evolution Metals & Technologies (EMAT) Invested Capital (2021 - 2025)

Evolution Metals & Technologies (EMAT) reported Invested Capital of -$9.7 million for Q4 2025, down 14.19% on a YoY basis from -$11.3 million in Q4 2024, and up 4.38% quarter-over-quarter from -$10.2 million in Q3 2025.

Evolution Metals & Technologies (EMAT) Invested Capital (2021 - 2025) Analysis & Trends

Evolution Metals & Technologies has reported Invested Capital for 5 years, with the latest figure at -$9.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital fell 14.19% year-over-year to -$9.7 million; the trailing twelve-month figure through Dec 2025 stood at -$9.7 million (down 14.19% YoY), and the FY2025 full-year result was -$9.7 million, down 14.19% from the prior year.
  • Invested Capital for Q4 2025 stood at -$9.7 million, up from -$10.2 million in the prior quarter.
  • The five-year high for Invested Capital was -$1.2 million in Q4 2021, with the low at -$10.2 million in Q3 2025.
  • Historically, Invested Capital has averaged -$6.2 million across 5 years, with a median of -$6.3 million in 2024.
  • Annual changes were most pronounced in 2022 — Invested Capital sank 256.72% — and 2025, when it fell 14.19%.
  • Evolution Metals & Technologies' Invested Capital stood at -$1.2 million in 2021, then slumped by 256.72% to -$4.4 million in 2022, then slumped by 58.61% to -$7.0 million in 2023, then slipped by 22.04% to -$8.5 million in 2024, then decreased by 14.19% to -$9.7 million in 2025.
  • The last three Invested Capital figures came in at -$9.7 million (Q4 2025), -$10.2 million (Q3 2025), and -$9.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 318.79 Mn
2 Bhp 421.29 Bn 411.77 Bn - 24.59 Bn
3 Skeena Resources 17.36 Bn 17.34 Bn - 131.49 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 1.23 Bn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 2.97 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 111.55 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 1.45 Bn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 120.59 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 Evolution Metals & Technologies 15.17 Mn 15.17 Mn - -9.71 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -9.71 Mn
Sep 30, 2025 -10.16 Mn
Jun 30, 2025 -9.74 Mn
Mar 31, 2025 -9.07 Mn
Dec 31, 2024 -8.51 Mn
Sep 30, 2024 -7.84 Mn
Jun 30, 2024 -7.62 Mn
Mar 31, 2024 -6.31 Mn
Dec 31, 2023 -6.97 Mn
Sep 30, 2023 -6.21 Mn
Jun 30, 2023 -5.57 Mn
Mar 31, 2023 -5.25 Mn
Dec 31, 2022 -4.39 Mn
Sep 30, 2022 -3.12 Mn
Jun 30, 2022 -2.09 Mn
Mar 31, 2022 -1.88 Mn
Dec 31, 2021 -1.23 Mn