earnings
confidence high
sentiment positive
materiality 0.68
EM&T raises FY2026 revenue guidance 62% at midpoint to $10-$11M; reaffirms $400-$460M FY2027 outlook
Evolution Metals & Technologies Corp.
- FY2026 revenue guidance raised to $10M-$11M from the $5M-$8M range set September 10, 2026; midpoint up 62% to $10.5M from $6.5M, low end doubled.
- FY2027 revenue guidance reaffirmed at $400M-$460M; the $430M midpoint is roughly 41 times the raised FY2026 midpoint.
- Thirteen additional ULVAC sintered magnet machines scheduled for October 2026 delivery, installing at Pohang, Korea; capacity to top 10,000 metric tons/year, incl. ~6,000 tons sintered.
- CEO Frank Moon credits strong customer demand, improved rare earth pricing and expanded ex-China feedstock; December 17, 2026 showcase of the Pohang magnet facility planned.
- Risk factors state guidance is not based on contracted volumes and cite need for working capital and ability to continue as a going concern.