Cymat Technologies Ltd CYMHF

Primary Symbol: V.CYM

Metals & Mining Aluminum

Cymat Technologies Ltd. is a manufacturing company. The Company holds licenses and related patents to manufacture and sell Stabilized Aluminum Foam (SAF), a cellular metallic material. SAF is produced utilizing a process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into strong, lightweight panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It develops applications for use in the automotive and industrial markets. Its divisions include SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. SAF is used in such industries as architectural design, military and automotive. It markets its architectural SAF under the Alusion brand and its automotive and military SAF under the SmartMetal brand.

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Cymat Technologies Ltd > Cymat Reports Positive Income and Cash Flow for Fiscal Q1

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Post by jastoneIIon Oct 06, 2020 12:39pm

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Post# 31673825

Cymat Reports Positive Income and Cash Flow for Fiscal Q1

Just read the MD&A posted on Sedar last week. Cymat posted net income of $7k and positive cash flow of $208k. I expect similar or better results for the current quarter and the following quarter.

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