MMTIF (Micromem Technologies) Tax Rate %: 0.00% (As of Apr. 2026)


What is Micromem Technologies Tax Rate %?

Micromem Technologies MMTIF -16.00% Tax Rate % is 0.00% as of Apr. 2026. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Micromem Technologies's Tax Expense for the three months ended in Apr. 2026 was $0.00 Mil. Micromem Technologies's Pre-Tax Income for the three months ended in Apr. 2026 was $-0.36 Mil. Therefore, Micromem Technologies's Tax Rate % for the quarter that ended in Apr. 2026 was 0.00%.

Micromem Technologies Tax Rate % Related Terms

Micromem Technologies Tax Rate % Historical Data

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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.

Micromem Technologies Tax Rate % Chart

Micromem Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Micromem Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Tax Rate % 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 0.00 0.00 0.00 0.00 0.00

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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2025 )/Pre-Tax Income (A: Oct. 2025 )
=0/-0.669
=0.00 %

Micromem Technologies's Tax Rate % for the quarter that ended in Apr. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2026 )/Pre-Tax Income (Q: Apr. 2026 )
=0/-0.358
=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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Micromem Technologies (MMTIF) has a Tax Rate % of 0.00% as of Apr. 2026.
Is Micromem Technologies' Tax Rate % too high?
Micromem Technologies' current Tax Rate % is 0.00%.
How does Micromem Technologies' Tax Rate % compare to NVDA and AVGO?
Micromem Technologies' Tax Rate % of 0.00% can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Semiconductors company?
A good Tax Rate % depends on the Semiconductors industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Micromem Technologies's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micromem Technologies stock overvalued right now?
Micromem Technologies (MMTIF) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Micromem Technologies (MMTIF), the current Tax Rate % is 0.00% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Micromem Technologies Business Description

Other Exchanges MRM:Canada
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.