Micromem Technologies Reports Q1 2025 Financial Results: Total Assets Increase to $504,141, Liabilities Decrease to $6,314,796.
ByAinvest
Tuesday, Jun 24, 2025 8:13 am ET1min read
MU--
SPKL--
Micromem Technologies reports an increase in total assets from $282,713 in October 2024 to $504,141 in April 2025, while liabilities decreased from $7,005,695 to $6,314,796. The company's shareholders' deficiency decreased from $6,722,982 to $5,692,395. Despite these changes, the company faces significant financial challenges, including no revenue and high debt levels. Spark, TipRanks' AI Analyst, rates Micromem Technologies as a "Underperform" due to its financial distress and negative valuation metrics. However, a strategic collaboration project offers a positive outlook by potentially opening new markets and enhancing technological capabilities.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet