Thermal Energy International Inc. (TMGEF)

OTCMKTS · Delayed Price · Currency is USD
0.1130
-0.0003 (-0.26%)
Jul 20, 2026, 2:23 PM EST
Market Cap18.91M -12.0%
Revenue (ttm)24.41M +9.2%
Net Income913.93K +714.0%
EPS0.00 +924.3%
Shares Out n/a
PE Ratio20.70
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume10,000
Open0.1130
Previous Close0.1133
Day's Range0.1130 - 0.1130
52-Week Range0.0780 - 0.1433
Beta0.05
Analystsn/a
Price Targetn/a
Earnings DateSep 18, 2026

About TMGEF

Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. The company offers GEM steam traps; FLUACE-ACE heat recovery, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX biomass dryer, a low temperature biomass dryer. It also provides boiler feedwater economizer, vent condenser, boiler blowdown heat recovery, heat recove... [Read more]

Founded 1991
Country Canada
Stock Exchange OTCMKTS
Ticker Symbol TMGEF

Financial Performance

In fiscal year 2025, TMGEF's revenue was 29.78 million, an increase of 15.07% compared to the previous year's 25.88 million. Earnings were 73,166, a decrease of -92.13%.

Financial numbers in CAD Financial Statements

News

Thermal Energy Announces $1.8 Million Heat Recovery Order from International Premium Beer and Beverage Company

Turnkey project to yield approximately $406 thousand in fuel savings while reducing site-wide CO2 emissions by 975 tonnes Ottawa, Ontario--(Newsfile Corp. - July 14, 2026) - Thermal Energy Internation...

6 days ago - Newsfile Corp

Thermal Energy International Transcript: Planet MicroCap Las Vegas 2026

Energy efficiency solutions drive profitability and carbon reduction for major multinationals, with proprietary technologies and a mix of turnkey projects and equipment sales. Strong financial growth, expanding indirect sales channels, and a unique turnkey model position the business for continued expansion in North America and Europe.

4 weeks ago - Transcripts

Thermal Energy International to Present at Planet MicroCap Las Vegas

Ottawa, Ontario--(Newsfile Corp. - June 9, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carb...

5 weeks ago - Newsfile Corp

Thermal Energy International Slides: Investor presentation

Thermal Energy International has posted slides in relation to its latest quarterly earnings report, which was published on June 8, 2026.

6 weeks ago - Filings

Thermal Energy International to Present at the 2026 Canadian Climate Investor Conference

Ottawa, Ontario--(Newsfile Corp. - June 3, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy"), a provider of innovative energy efficiency and carbon emission reduc...

6 weeks ago - Newsfile Corp

Thermal Energy International Earnings Call Transcript: Q3 2026

Record Q3 and trailing 12-month revenues were driven by strong order intake and operational leverage, with significant improvements in adjusted EBITDA and net income. The balance sheet is robust, order backlog remains healthy, and investments in capacity and engineering are yielding results.

2 months ago - Transcripts

Thermal Energy International Earnings release: Q3 2026

Thermal Energy International released its Q3 2026 earnings on April 28, 2026, summarizing the period's financial results.

2 months ago - Filings

Thermal Energy International Slides: Q3 2026

Thermal Energy International has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on April 28, 2026.

2 months ago - Filings

Thermal Energy Reports 62% Revenue Growth and Improved Profitability for the Third Quarter

Ottawa, Ontario--(Newsfile Corp. - April 28, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and c...

2 months ago - Newsfile Corp

Thermal Energy International to Announce Third Quarter Results on April 28, 2026

Ottawa, Ontario--(Newsfile Corp. - April 21, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and c...

3 months ago - Newsfile Corp

Thermal Energy International to Participate in TSX-Sponsored European Roadshow

Ottawa, Ontario--(Newsfile Corp. - April 15, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and ca...

3 months ago - Newsfile Corp

Thermal Energy Wins $1 Million Turnkey Project --- Ninth with Global Nutrition Company

Recovered waste heat expected to provide $285 thousand in annual natural gas savings and reduce site-wide greenhouse gas emissions by 7% Ottawa, Ontario--(Newsfile Corp. - February 18, 2026) - Thermal...

5 months ago - Newsfile Corp

Thermal Energy International Earnings Call Transcript: Q2 2026

Record quarterly revenue and profitability were driven by strong demand and accelerated project completions, with HeatSponge orders up 127% year-over-year. The balance sheet is robust, debt is nearly eliminated, and order backlog has reached new highs.

6 months ago - Transcripts

Thermal Energy International Earnings release: Q2 2026

Thermal Energy International released its Q2 2026 earnings on January 27, 2026, summarizing the period's financial results.

6 months ago - Filings

Thermal Energy International Slides: Q2 2026

Thermal Energy International has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on January 27, 2026.

6 months ago - Filings

Thermal Energy Achieves Record Revenue and Improved Profitability in Second Quarter

Quarterly adjusted EBITDA more than tripled year-over-year Ottawa, Ontario--(Newsfile Corp. - January 27, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the ...

6 months ago - Newsfile Corp

Thermal Energy International to Announce Second Quarter Results on January 27, 2026

Ottawa, Ontario--(Newsfile Corp. - January 21, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and...

6 months ago - Newsfile Corp

Thermal Energy Appoints Vincent Sands as Executive Vice President

Mr. Sands to continue as President of wholly owned subsidiary, Boilerroom Equipment Inc., and will now also provide leadership and guidance for Thermal Energy's new indirect sales channel strategy Ott...

6 months ago - Newsfile Corp

Thermal Energy Announces $3.2 Million Turnkey Heat Recovery Order from Leading Multinational Frozen Food Company

Second heat recovery project with this multinational customer, which has over 40 manufacturing sites around the world Ottawa, Ontario--(Newsfile Corp. - December 15, 2025) - Thermal Energy Internation...

7 months ago - Newsfile Corp

Thermal Energy International Announces Grant of Stock Options

Ottawa, Ontario--(Newsfile Corp. - November 30, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a global provider of energy efficiency and emi...

8 months ago - Newsfile Corp

Thermal Energy International Inc. Receives an Additional $1.6 Million Order to Deliver Customized HeatSponge Heat Recovery Units to the Arctic

Ottawa, Ontario--(Newsfile Corp. - November 20, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency an...

8 months ago - Newsfile Corp

Thermal Energy Announces $1.5 Million in Repeat Business from Global Nutrition Company

Orders received for seventh and eight turnkey projects with this customer Ottawa, Ontario--(Newsfile Corp. - November 5, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal ...

9 months ago - Newsfile Corp

Thermal Energy International Earnings Call Transcript: Q1 2026

Q1 revenue was the second-best ever, with record order intake and backlog positioning the company for a strong second half of fiscal 2026. Significant growth in the pharmaceutical sector and continued debt reduction highlight positive long-term trends.

9 months ago - Transcripts

Thermal Energy International Earnings release: Q1 2026

Thermal Energy International released its Q1 2026 earnings on October 28, 2025, summarizing the period's financial results.

9 months ago - Filings

Thermal Energy International Slides: Q1 2026

Thermal Energy International has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on October 28, 2025.

9 months ago - Filings