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Micromem Technologies Inc (TSE:MRM)
:MRM
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Micromem Technologies
(MRM)
27Underperform
Micromem Technologies (MRM) vs. S&P 500 (SPY)
Market Cap
C$49.67M
Dividend YieldN/A
Average Volume (3M)58.57K
Price to Earnings (P/E)44.7
Beta (1Y)0.78
Revenue GrowthN/A
EPS Growth76.58%
CountryCA
Employees3
SectorTechnology
Sector Strength69
IndustrySemiconductors
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding584,366,100
10 Day Avg. Volume72,720
30 Day Avg. Volume58,572
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.36
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Micromem Technologies Business Overview & Revenue Model
Company DescriptionMicromem Technologies Inc. (MRM) is a technology company that specializes in the development and commercialization of sensor-based solutions. Operating primarily in the technology and industrial sectors, the company leverages its expertise in magnetic sensor applications to create innovative products that address specific industry needs. Micromem focuses on delivering advanced sensor technologies that can be integrated into various applications, including oil and gas, automotive, and healthcare, providing enhanced data collection and analysis capabilities.
How the Company Makes MoneyMicromem Technologies generates revenue through the development and sale of its proprietary sensor-based solutions. The company's primary revenue streams include direct sales of sensor technologies to industrial clients, licensing of its technology to third-party manufacturers, and potential royalties from patented technologies. Additionally, Micromem often engages in strategic partnerships and collaborations with larger companies to co-develop products or to embed its sensors into complementary technologies, further expanding its market reach and revenue potential. These partnerships can result in joint ventures or long-term contracts that provide consistent revenue streams. The company also benefits from research and development grants and funding, which support the continuous innovation and enhancement of its sensor technologies.
Micromem Technologies Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| -1.04M | -1.02M | -652.96K | -792.28K | -980.74K | EBITDA |
| -1.06M | -958.22K | -1.10M | -703.83K | -650.21K | Net Income Common Stockholders |
| -2.69M | -3.94M | -2.69M | -2.69M | -4.74M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 31.58K | 33.23K | 171.40K | 191.48K | 46.06K | Total Assets |
| 168.35K | 99.52K | 225.29K | 278.03K | 83.48K | Total Debt |
| 3.66M | 3.92M | 2.53M | 3.16M | 2.60M | Net Debt |
| 3.63M | 3.89M | 2.35M | 2.97M | 2.55M | Total Liabilities |
| 5.01M | 4.85M | 3.70M | 4.47M | 4.36M | Stockholders Equity |
| -4.84M | -4.75M | -3.47M | -4.19M | -4.28M |
| Cash Flow | Free Cash Flow | |||
| -1.09M | -997.03K | -768.04K | -760.57K | -982.44K | Operating Cash Flow |
| -1.08M | -997.03K | -762.77K | -760.57K | -982.44K | Investing Cash Flow |
| -2.04K | 0.00 | -5.27K | 0.00 | 0.00 | Financing Cash Flow |
| 1.08M | 858.86K | 747.96K | 906.00K | 821.66K |
Micromem Technologies Technical Analysis
Positive
0.08
Price Trends
0.07
Positive
0.07
Positive
0.06
Positive
Market Momentum
<0.01
Negative
54.97
Neutral
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MRM, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.97 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MRM.
Micromem Technologies Risk Analysis
Micromem Technologies disclosed 9 risk factors in its most recent earnings report. Micromem Technologies reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Micromem Technologies Peers Comparison
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Performance Comparison
TSE:MRM
Micromem Technologies
0.08
0.04
100.00%
TSE:PTK
POET Technologies
6.03
3.16
110.10%
Micromem Technologies Corporate Events
Product-Related AnnouncementsBusiness Operations and Strategy
Micromem Technologies Advances Biochemical Sensor Project with Strategic Collaboration
Positive
Mar 3, 2025
Micromem Technologies Inc. has finalized a Research Collaboration Agreement with the University of Toronto and the Department of National Defence for the development of a Nanowire Field Effect Transistor Biochemical Sensor. This project aims to create portable, low-cost, and efficient sensors for both civilian and military applications, with potential uses in environmental monitoring, national security, and healthcare. The collaboration is expected to enhance Micromem’s capabilities in constructing measurement systems for various applications, potentially benefiting multiple Canadian industries and contributing to environmental and financial prosperity.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.