Evolution Metals & Technologies (EMAT) Operating Expenses (2022 - 2025)
Evolution Metals & Technologies (EMAT) reported Operating Expenses of $368403.0 for Q4 2025, down 47.38% on a YoY basis from $700110.0 in Q4 2024, and down 26.64% quarter-over-quarter from $502169.0 in Q3 2025.
Evolution Metals & Technologies (EMAT) Operating Expenses (2022 - 2025) Analysis & Trends
Evolution Metals & Technologies has reported Operating Expenses for 4 years, with the latest figure at $368403.0 in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses fell 47.38% year-over-year to $368403.0; the trailing twelve-month figure through Dec 2025 stood at $2.1 million (up 31.34% YoY), and the FY2025 full-year result was $2.1 million, up 33.62% from the prior year.
- Operating Expenses for Q4 2025 stood at $368403.0, down from $502169.0 in the prior quarter.
- The five-year high for Operating Expenses was $1.3 million in Q4 2022, with the low at $217270.0 in Q4 2023.
- Historically, Operating Expenses has averaged $565947.1 across 4 years, with a median of $538276.0 in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 83.65% — and 2024, when it jumped 222.23%.
- Evolution Metals & Technologies' Operating Expenses stood at $1.3 million in 2022, then tumbled by 83.65% to $217270.0 in 2023, then jumped by 222.23% to $700110.0 in 2024, then plunged by 47.38% to $368403.0 in 2025.
- The last three Operating Expenses figures came in at $368403.0 (Q4 2025), $502169.0 (Q3 2025), and $600186.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 15.97 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 209.01 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 157.04 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 44.65 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | -11.78 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 57.09 Mn |
| 10 | Evolution Metals & Technologies | 15.17 Mn | 15.17 Mn | - | 368,403.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 368,403.00 |
| Sep 30, 2025 | 502,169.00 |
| Jun 30, 2025 | 600,186.00 |
| Mar 31, 2025 | 597,723.00 |
| Dec 31, 2024 | 700,110.00 |
| Sep 30, 2024 | 245,108.00 |
| Jun 30, 2024 | 327,662.00 |
| Mar 31, 2024 | 301,992.00 |
| Dec 31, 2023 | 217,270.00 |
| Sep 30, 2023 | 574,383.00 |
| Jun 30, 2023 | 380,636.00 |
| Mar 31, 2023 | 908,322.00 |
| Dec 31, 2022 | 1.33 Mn |
| Sep 30, 2022 | 1.11 Mn |
| Jun 30, 2022 | 313,000.00 |
| Mar 31, 2022 | 577,059.00 |