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Last C$0.12 CAD
Change Today 0.00 / 0.00%
Volume 0.0
CYM On Other Exchanges
As of 12:21 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

cymat technologies ltd (CYM) Snapshot

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52 Week High
09/12/14 - C$0.26
52 Week Low
07/17/15 - C$0.10
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cymat technologies ltd (CYM) Details

Cymat Technologies Ltd. operates as a materials technology company. It holds rights to manufacture and license stabilized aluminum foam products worldwide. The company’s products include sheet and the 3D casting products. It primarily serves automotive, architectural, and blast mitigation industries. The company markets architectural material under the Alusion; and automotive and blast mitigation products under the SmartMetal names. The company is based in Mississauga, Canada.

cymat technologies ltd (CYM) Top Compensated Officers

Executive Chairman
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: C$134.6K
Vice President of Operations
Total Annual Compensation: C$140.0K
Compensation as of Fiscal Year 2013.

cymat technologies ltd (CYM) Key Developments

Cymat Technologies Ltd., Annual General Meeting, Mar 25, 2015

Cymat Technologies Ltd., Annual General Meeting, Mar 25, 2015.

Cymat Technologies Ltd. Announces Earnings Results for the Fourth Quarter and the Year Ended April 30, 2014

Cymat Technologies Ltd. announced earnings results for the fourth quarter and the year ended April 30, 2014. Revenue for the quarter ended April 30, 2014 was approximately $214,000, compared to revenue for the quarter ended April 30, 2013, of $132,000. Increased Alusion(TM) sales from North America and Europe accounted for the quarter-over-quarter increase. A net loss of $857,000 was recorded for the fourth quarter of fiscal 2014. Excluding the above-described non-cash royalty accrual, the fourth quarter experienced a $376,000 loss. Excluding the gain on settlement of debt, the fourth quarter of fiscal 2013 experienced a net loss of $416,000. Revenue for fiscal 2014 was approximately $789,000 compared to revenue for fiscal 2013, of $926,000. The year-over-year decrease in revenue was the largely the result of a decline in the Alusion(TM) revenue European transactional sales reflecting the economic woes experienced in the European Union. A net loss of $1,824,000 was recorded for fiscal 2014. Excluding the non-cash royalty accrual, the year experienced a loss of $1,343,000. A net income of $443,000 was recorded for fiscal 2013; excluding the gain on settlement of debt and non-cash interest, a loss of $1,381,000 was experienced in fiscal 2013.

Cymat Technologies Ltd. Auditor Raises 'Going Concern' Doubt

Cymat Technologies Ltd. filed its Annual on Aug 28, 2014 for the period ending Apr 30, 2014. In this report its auditor, Grant Thornton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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