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
DateValue
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