Micromem Technologies AI Stock Analysis
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Micromem Technologies (MRM) AI Stock Analysis
Micromem Technologies
(CNQX:MRM)
The overall score is heavily weighed down by extremely poor financial health, including negative equity and cash burn, which poses a significant risk. Positive short-term technical momentum provides a partial offset, but the company's pre-revenue status and insolvency risk remain the dominant factors.
Micromem Technologies (MRM) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 20.38M
- Dividend Yield
- ―
- Average Volume (3M)
- 284.38K
- Price to Earnings (P/E)
- -10.5
- Beta (1Y)
- -0.24
- Revenue Growth
- ―
- EPS Growth
- 67.50%
- Country
- Canada
- Employees
- 3
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Semiconductors
Micromem Technologies Business Overview & Revenue Model
Company Description
Micromem Technologies Inc., through its subsidiary Micromem Applied Sensor Technology, Inc., specializes in developing and marketing bespoke sensor applications. These innovative solutions are built upon its exclusive proprietary technology and are d...
How the Company Makes Money
Publicly available, company-specific detail sufficient to describe Micromem Technologies’ current revenue model (e.g., confirmed product lines generating sales, customer categories, contract structure, recurring vs. one-time revenue, and named materi...
Micromem Technologies Financial Statement Overview
Summary
The company is pre-revenue with persistent operating losses, deeply negative equity, and negative cash flows. The financial statements indicate severe financial distress and a high risk of insolvency.
Income Statement
1Very NegativeBalance Sheet
1Very NegativeCash Flow
1Very Negative| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -15.21K | -16.60K | 0 | 0 | 0 | 0 |
| EBITDA | -76.05K | 327.33K | -582.51K | -1.04M | -934.25K | -1.10M |
| Net Income | -1.18M | -668.13K | -3.06M | -2.69M | -2.29M | -1.01M |
Balance Sheet | ||||||
| Total Assets | 85.13K | 308.34K | 282.71K | 168.35K | 99.52K | 225.29K |
| Cash, Cash Equivalents and Short-Term Investments | 28.46K | 250.05K | 125.70K | 31.58K | 33.23K | 171.40K |
| Total Debt | 4.74M | 3.53M | 3.95M | 3.66M | 3.92M | 2.57M |
| Total Liabilities | 5.85M | 5.91M | 7.01M | 5.01M | 4.85M | 3.70M |
| Stockholders Equity | -5.76M | -5.60M | -6.72M | -4.84M | -4.75M | -3.47M |
Cash Flow | ||||||
| Free Cash Flow | -1.07M | -1.32M | -625.92K | -1.09M | -997.03K | -768.04K |
| Operating Cash Flow | -1.30M | -1.32M | -625.92K | -1.08M | -997.03K | -762.77K |
| Investing Cash Flow | -2,720 | -2,726 | 0 | -2,044 | 0 | -5,271 |
| Financing Cash Flow | 1.01M | 1.45M | 720.04K | 1.08M | 858.86K | 747.96K |
Micromem Technologies Technical Analysis
Price Trends
Market Momentum
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 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.02, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of 0.00 indicates Positive momentum. The RSI at 51.12 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, 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.
Latest Risks Added
0 New RisksMicromem Technologies Peers Comparison
Overall Rating
- TSE:MRM49.9Neutral
TSE:LQWD41Neutral
TSE:AMT39Underperform
TSE:CTRL37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| TSE:MRM | 50Neutral | CAD 18.99M | -10.52 | 20.29% | ― | ― | 67.50% |
| TSE:LQWD | 41Neutral | CAD 19.40M | -3.20 | -18.86% | ― | 47.89% | 18.70% |
| TSE:AMT | 39Underperform | CAD 238.96M | -8.99 | -169.28% | ― | 21.04% | -537.21% |
| TSE:CTRL | 37Underperform | CAD 18.11M | -1.17 | 393.39% | ― | 74.84% | -25.76% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:MRM | Micromem Technologies | 0.03 | -0.01 | -33.33% | |
| TSE:LQWD | LQwD FinTech Corp | 0.60 | -0.43 | -41.75% | |
| TSE:ENA | Enablence Technologies | 5.95 | 4.23 | 245.93% | |
| TSE:AMT | Ameritrust Financial Technologies Inc. | 0.18 | 0.14 | 300.00% | |
| TSE:PTEC | Principal Technologies, Inc. | 0.32 | 0.03 | 10.34% | |
| TSE:CTRL | Edge Total Intelligence Inc | 0.26 | -0.38 | -59.52% |
Micromem Technologies Corporate Events
Micromem Shifts to Semi-Annual Reporting and Sets December AGM
NeutralMicromem Technologies has opted into a semi-annual financial reporting regime, meaning it will no longer file third-quarter interim statements and will instead publish results twice a year for its fiscal year ending October 31 and the first six month...
Micromem Raises C$148,840 in Private Placement and Extends Warrants
PositiveMicromem Technologies has closed a non-brokered private placement, raising approximately C$148,840 through the issuance of 5,953,600 units priced at C$0.025, each comprising one common share and a three-year warrant at C$0.05, with all securities sub...
Micromem Plans Private Placement to Bolster Working Capital and Reduce Debt
NeutralMicromem Technologies has announced plans for a non-brokered private placement of common share units priced at CAD $0.025 per unit, for gross proceeds of up to CAD $160,000, with the possibility of a 50% discretionary increase. Each unit will include...
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.
Date of analysis: Nov 04, 2026