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MMTIF (Micromem Technologies) Tax Rate % : 0.00% (As of Jan. 2025)


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What is Micromem Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Micromem Technologies's Tax Expense for the three months ended in Jan. 2025 was $0.00 Mil. Micromem Technologies's Pre-Tax Income for the three months ended in Jan. 2025 was $0.44 Mil. Therefore, Micromem Technologies's Tax Rate % for the quarter that ended in Jan. 2025 was 0.00%.


Micromem Technologies Tax Rate % Historical Data

The historical data trend for Micromem Technologies's Tax Rate % 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.

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Micromem Technologies Tax Rate % Chart

Micromem Technologies Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Tax Rate %
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Micromem Technologies Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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Micromem Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Micromem Technologies's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2024 )/Pre-Tax Income (A: Oct. 2024 )
=0/-3.063
=0.00 %

Micromem Technologies's Tax Rate % for the quarter that ended in Jan. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Jan. 2025 )/Pre-Tax Income (Q: Jan. 2025 )
=0/0.437
=0.00 %

* 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.


Micromem Technologies Tax Rate % Related Terms

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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.

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