MMTIF
Price:
$0.039
Market Cap:
$22.23M
Micromem Technologies Inc., through its subsidiary, Micromem Applied Sensor Technology, Inc., develops and markets customized sensor applications based on its proprietary technology in Canada and internationally. It serves companies in various industry segments, including defense, life sciences, automotive, consumer, and mining. The company was formerly known as Avanti Corp International Inc. and changed its name to Micromem Technologies Inc. in January 1999. Micromem Technologies Inc. was incorporated in 1985 and is headquartered in Toronto, Canada.
Industry
Semiconductors
IPO Date
1999-02-01
Stock Exchange
OTC
Ticker
MMTIF
According to Micromem Technologies Inc.’s latest financial reports and current stock price. The company's current ROE is 57.79%. This represents a change of 325.95% compared to the average of 13.57% of the last 4 quarters.
The mean historical ROE of Micromem Technologies Inc. over the last ten years is 18.06%. The current 57.79% ROE has changed 220.01% with respect to the historical average. Over the past ten years (40 quarters), MMTIF's ROE was at its highest in in the July 2016 quarter at 139.03%. The ROE was at its lowest in in the April 2016 quarter at -414.02%.
Average
18.06%
Median
51.89%
Minimum
-464.21%
Maximum
174.42%
Discovering the peaks and valleys of Micromem Technologies Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 441.98%
Maximum Annual ROE = 174.42%
Minimum Annual Increase = -137.57%
Minimum Annual ROE = -464.21%
| Year | ROE | Change |
|---|---|---|
| 2024 | 45.56% | -18.07% |
| 2023 | 55.61% | 15.44% |
| 2022 | 48.17% | 65.06% |
| 2021 | 29.18% | -1.85% |
| 2020 | 29.73% | -55.10% |
| 2019 | 66.21% | -4.04% |
| 2018 | 69.00% | -45.64% |
| 2017 | 126.92% | -27.23% |
| 2016 | 174.42% | -137.57% |
| 2015 | -464.21% | 441.98% |
The current ROE of Micromem Technologies Inc. (MMTIF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
49.78%
5-year avg
41.65%
10-year avg
18.06%
Micromem Technologies Inc.’s ROE is less than Atomos Limited (196.32%), less than Mobivity Holdings Corp. (59.49%), less than Artificial Intelligence Technology Solutions Inc. (30.14%), greater than Latch, Inc. (-52.47%), less than Catalyst Crew Technologies Corp. (165.79%), greater than Blackbird plc (-29.58%), less than Guerrilla RF, Inc. (66.41%), less than SCI Engineered Materials, Inc. (11.23%), less than Cyberlux Corporation (295.24%), less than Tribal Rides International Corp. (2.37%),
| Company | ROE | Market cap |
|---|---|---|
| 196.32% | $120.95K | |
| 59.49% | $16.78M | |
| 30.14% | $14.64M | |
| -52.47% | $19.70M | |
| 165.79% | $19.03M | |
| -29.58% | $13.01M | |
| 66.41% | $29.62M | |
| 11.23% | $22.89M | |
| 295.24% | $14.59M | |
| 2.37% | $14.54M |
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