About Cymat Technologies
Cymat Technologies is a publicly listed company based in Mississauga (Canada) founded in 1990 by Michael Liik. Aluminium foam solutions are provided for industrial applications. It operates on a Direct-to-Consumer (D2C) and B2B2C model. Its chief executive, as recorded, is Michael Liik. Cymat Technologies offers products and services including SmartMetalâ„¢ and Alusionâ„¢. Its focus areas include Materials, Advanced Materials and Aluminum Foam. Its legal entity is Cymat Technologies Ltd. Its competitors include ROCKWOOL and PFB; 1 of its 2 listed competitors has raised funding.
Company details
Cymat Technologies Ltd. is recognized as an innovative materials technology company. It is dedicated to delivering customized Stabilized Aluminum Foam (SAF) solutions. These solutions are provided for international customers across various sectors. The proprietary manufacturing technology is utilized to produce SAF with high quality and customization. Products like SmartMetal and Alusion are applied in military, automotive, industrial, and architectural fields. Unique properties of SAF are leveraged to meet specific needs in energy absorption and design applications.
- Annual Revenue$1.4 M (USD)-48.58as on Apr 30, 2026
- Net Profit-$3.57 M (USD)-44.74as on Apr 30, 2026
- EBITDA-$1.79 M (USD)-27.11as on Apr 30, 2026
- Latest Funding Round$1.08M (USD), Post-IPO
Oct 2025
Products & Services of Cymat Technologies
Cymat Technologies offers a comprehensive portfolio of products and services, including SmartMetal™ and Alusion™.
Stabilized aluminum foam used for energy absorption applications.
Aluminum foam applied in modern design and architecture.
Funding Insights of Cymat Technologies
- Total Rounds 9
- Last Round Post-IPO — $1.08M
- First Round $144,154
(Jun 2009)
All 9 funding rounds of Cymat Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | $1.08M | Post-IPO | – | – | – |
| Apr 2025 | $904,044 | Post-IPO | – | – | – |
| Oct 2023 | $873,217 | Post-IPO | – | – | – |
| Apr 2021 | $4.3M | Post-IPO | – | – | – |
| Mar 2020 | $182,500 | Post-IPO | – | – | – |
| Dec 2019 | $562,000 | Post-IPO | – | – | – |
| Jun 2019 | $659,280 | Post-IPO | – | – | – |
| May 2010 | $1.03M | Post-IPO | – | – | – |
| Jun 2009 | $144,154 | Post-IPO | – | – | – |
People of Cymat Technologies
10 people are tracked at Cymat Technologies (5 in leadership, 2 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Michael Liik | Founder & CEO | Leadership |
Michael M. Liik | Executive Chairman & CEO | Leadership |
Darryl Kleebaum | CFO | Leadership |
Vince Benincasa | Chief Commercial Officer | Leadership |
Mario DeAngelis | COO | Leadership |
Martin J. Mazza | Director | Board & advisors |
Alar Kongats | Director | Board & advisors |
Andrew Salgo | Manufacturing & Process Engineer | Team |
Robert Bozzo | Manufacturing & Process Engineer | Team |
Blair Alton | Business Development Consultant | Team |
Complete people profiles for Cymat Technologies
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IPO & Listings of Cymat Technologies
Cymat Technologies is a publicly listed company on the TSXV with ticker symbol CYM in Canada, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Oct 2013
- Listed onTSX-V: CYM
- Listed entityCymat Technologies Ltd
- Exchange sectorProducer manufacturing
- ISINCA23257A2083
- Share price0.07 CAD (-6.25% on the day) · 2026-10-13
- Market capitalisation7,525,300.00 CAD
- EPS (diluted, trailing year)-0.05 CAD
- Volume (last session)17,075
Financials of Cymat Technologies
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.9M CAD | -4.9M CAD | -2.4M CAD |
| 2024 | 3.7M CAD | -3.4M CAD | -1.9M CAD |
| 2023 | 1.6M CAD | -4.3M CAD | -3.3M CAD |
| 2022 | 3.0M CAD | -6.0M CAD | -5.0M CAD |
| 2021 | 3.1M CAD | -4.8M CAD | -4.2M CAD |
Detailed financial statements for Cymat Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Cymat Technologies
4 dated milestones of Cymat Technologies across 35 years, from founding to its latest funding, stage changes and deals.
- Founded Cymat Technologies is founded.
- Funding First funding round of $144K.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $1.1M.
Competitors of Cymat Technologies
Cymat Technologies has 2 listed competitors in our database, 1 of them funded. They include ROCKWOOL and PFB.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rockwool.com | 1909 | Milton, Canada | $11.3M | Stone wool insulation products are manufactured for building applications. | ||
| pfbcorp.com | 1968 | Calgary, Canada | 114 | Insulating building products are manufactured for construction applications by PFB. |
Detailed competitors of Cymat Technologies
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Web traffic of Cymat Technologies
The website of Cymat Technologies (cymat.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 11.9% vs previous month
Websites whose visitors overlap most with Cymat Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
southrg.narod.ru | southrg.narod.ru | 100% | – | ||
luminum.com | luminum.com | 100% | – | ||
infomet.net | infomet.net | 100% | – | ||
americandouglasmetals.com | americandouglasmetals.com | 100% | #9,711,873 | – | |
metals.about.com | metals.about.com | 100% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Cymat Technologies
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Related news about Cymat Technologies
Complete news archive for Cymat Technologies
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Frequently Asked Questions about Cymat Technologies
Cymat Technologies was founded in 1990 and raised its 1st funding round 19 years after it was founded.
Cymat Technologies is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Michael Liik is the CEO of Cymat Technologies, as recorded in our data. They have also founded this company.
Annual revenue of Cymat Technologies is $1.4M as on Apr 30, 2026.
Cymat Technologies Ltd. is recognized as an innovative materials technology company. It is dedicated to delivering customized Stabilized Aluminum Foam (SAF) solutions. These solutions are provided for international customers across various sectors. The proprietary manufacturing technology is utilized to produce SAF with high quality and customization. Products like SmartMetal and Alusion are applied in military, automotive, industrial, and architectural fields. Unique properties of SAF are leveraged to meet specific needs in energy absorption and design applications.
Cymat Technologies offers SmartMetalâ„¢ and Alusionâ„¢.
Yes, Cymat Technologies is publicly traded on TSXV under the ticker symbol CYM.
Cymat Technologies operates through Cymat Technologies Ltd..