GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micromem Technologies Inc (XCNQ:MRM) » Definitions » Gross Margin %

Micromem Technologies (XCNQ:MRM) Gross Margin % : 0.00% (As of Apr. 2025)


View and export this data going back to 2009. Start your Free Trial

What is Micromem Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Micromem Technologies's Gross Profit for the three months ended in Apr. 2025 was C$0.00 Mil. Micromem Technologies's Revenue for the three months ended in Apr. 2025 was C$0.00 Mil. Therefore, Micromem Technologies's Gross Margin % for the quarter that ended in Apr. 2025 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Micromem Technologies's Gross Margin % or its related term are showing as below:


XCNQ:MRM's Gross Margin % is not ranked *
in the Semiconductors industry.
Industry Median: 29.07
* Ranked among companies with meaningful Gross Margin % only.

Micromem Technologies had a gross margin of N/A% for the quarter that ended in Apr. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Micromem Technologies was 0.00% per year.


Micromem Technologies Gross Margin % Historical Data

The historical data trend for Micromem Technologies's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Micromem Technologies Gross Margin % Chart

Micromem Technologies Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Micromem Technologies Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Micromem Technologies's Gross Margin %

For the Semiconductors subindustry, Micromem Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Micromem Technologies's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micromem Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Micromem Technologies's Gross Margin % falls into.


;
;

Micromem Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Micromem Technologies's Gross Margin for the fiscal year that ended in Oct. 2024 is calculated as

Gross Margin % (A: Oct. 2024 )=Gross Profit (A: Oct. 2024 ) / Revenue (A: Oct. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Micromem Technologies's Gross Margin for the quarter that ended in Apr. 2025 is calculated as


Gross Margin % (Q: Apr. 2025 )=Gross Profit (Q: Apr. 2025 ) / Revenue (Q: Apr. 2025 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Micromem Technologies  (XCNQ:MRM) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Micromem Technologies had a gross margin of N/A% for the quarter that ended in Apr. 2025 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Micromem Technologies Gross Margin % Related Terms

Thank you for viewing the detailed overview of Micromem Technologies's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Micromem Technologies Business Description

Traded in Other Exchanges
Address
121 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2K1
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.
Executives
Alex Dey Director
Diana Fuda Senior Officer
Bash Khan Senior Officer
Joseph Fuda Director, Senior Officer

Micromem Technologies Headlines

From GuruFocus