Micromem Technologies Reports Unaudited Financials

Micromem Technologies (TSE:MRM) has released an update.

Micromem Technologies Inc. has released its unaudited condensed interim consolidated financial statements for the periods ending July 31, 2024, and 2023, presented in US dollars. The company’s financial performance reflects a continued deficit, with the latest reporting showing an accumulated deficit of over $123 million. Notably, these financial statements have not undergone a review by an independent auditor as per the standards established by the Chartered Professional Accountants of Canada.

For further insights into TSE:MRM stock, check out TipRanks’ Stock Analysis page.