Thermal Energy International Inc. (TSXV: TMG)

Canada flag Canada · Delayed Price · Currency is CAD
0.200
-0.005 (-2.44%)
Nov 20, 2024, 3:59 PM EST
5.26%
Market Cap 34.55M
Revenue (ttm) 29.17M
Net Income (ttm) 1.05M
Shares Out 172.73M
EPS (ttm) 0.01
PE Ratio 34.11
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 184,500
Open 0.200
Previous Close 0.205
Day's Range 0.200 - 0.210
52-Week Range 0.180 - 0.360
Beta 0.38
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About TMG

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

Sector Industrials
Founded 1991
Country Canada
Stock Exchange TSX Venture Exchange
Ticker Symbol TMG
Full Company Profile

Financial Performance

In 2024, TMG's revenue was 25.88 million, an increase of 22.70% compared to the previous year's 21.09 million. Earnings were 929,504, an increase of 29.46%.

Financial Statements

News

Thermal Energy Subsidiary Receives Orders Totalling More Than $1,000,000

Latest orders include Boilerroom Equipment, Inc.'s second largest purchase order and largest two-stage economizer order to date Ottawa, Ontario--(Newsfile Corp. - November 11, 2024) - Thermal Energy I...

9 days ago - Newsfile Corp

Thermal Energy International to Present at November 21st Virtual Investor Summit Microcap Event

TORONTO, ON / ACCESSWIRE / November 11, 2024 / Thermal Energy International Inc. ("Thermal Energy" or the "Company") (TSXV:TMG) (OTCQB:TMGEF), a growing and profitable provider of innovative energy ef...

9 days ago - Accesswire

Thermal Energy International Inc. 2025 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Thermal Energy International Inc.

18 days ago - Seeking Alpha

Thermal Energy International Inc. (TMGEF) Q1 2025 Earnings Call Transcript

Thermal Energy International Inc. (OTCQB:TMGEF) Q1 2025 Earnings Conference Call October 30, 2024 8:30 AM ETCompany ParticipantsWilliam Crossland -...

18 days ago - Seeking Alpha

Thermal Energy's First Quarter Results Highlighted by Record Revenue and Growing Profitability

Ottawa, Ontario--(Newsfile Corp. - October 30, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and...

22 days ago - Newsfile Corp

Thermal Energy Receives $1.5 Million Heat Recovery Order from a Multinational Confectionery Company

Turn-key project well-aligned with customer's aggressive 2030 carbon emissions reduction targets Ottawa, Ontario--(Newsfile Corp. - October 28, 2024) - Thermal Energy International Inc. (TSXV: TMG) (O...

24 days ago - Newsfile Corp

Thermal Energy International to Report First Quarter 2025 Financial Results on October 30

Ottawa, Ontario--(Newsfile Corp. - October 18, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and...

4 weeks ago - Newsfile Corp

Ice Energy Announces Key Milestones of Its Southern California Virtual Power Plant Thermal Energy Storage Program

COSTA MESA, Calif.--(BUSINESS WIRE)--Ice Energy (“the Company”), a leader in thermal energy storage and grid-scale solutions for permanent peak load-shifting, today announced several key milestones of...

4 weeks ago - Business Wire

Thermal Energy Storage Market Predicted to Grow at $12.10 Billion by 2031 | SkyQuest Technology

The market is growing rapidly due to a shift in preference toward renewable energy generation, including concentrated solar power, and rising demand for thermal energy storage TES systems in HVAC. The...

4 weeks ago - GlobeNewsWire

Thermal Energy Receives $2.2 Million in Repeat Business from a Leading Pharmaceutical Company

Project includes both Flu-Ace and HeatSponge heat recovery systems and two heat pumps Ottawa, Ontario--(Newsfile Corp. - September 23, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMG...

2 months ago - Newsfile Corp

Thermal Energy International Inc. (TMGEF) Q4 2024 Earnings Call Transcript

Thermal Energy International Inc. (OTCQB:TMGEF) Q4 2024 Earnings Conference Call September 19, 2024 8:30 AM ETCompany ParticipantsWilliam Crosland -...

2 months ago - Seeking Alpha

Thermal Energy International Reports Fourth Quarter and Fiscal 2024 Results

Fiscal 2024 was a record year for revenue, order intake, and EBITDA Ottawa, Ontario--(Newsfile Corp. - September 19, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Ener...

2 months ago - Newsfile Corp

Thermal Energy International to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on September 19, 2024

Ottawa, Ontario--(Newsfile Corp. - September 10, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency a...

2 months ago - Newsfile Corp

Thermal Energy International to Present at the Planet MicroCap Showcase: Vancouver 2024 in association with Small Cap Discoveries on Thursday, September 26, 2024

OTTAWA, ON / ACCESSWIRE / September 4, 2024 / Thermal Energy International Inc. ("Thermal Energy" or the "Company") (TSX-V:TMG)(OTCQB:TMGEF), a provider of innovative energy efficiency and carbon emis...

2 months ago - Accesswire

Global Molten Salt Thermal Energy Storage Market Size To Worth USD 29.1 Billion By 2033 | CAGR Of 15.20%

The Global Molten Salt Thermal Energy Storage Market Size was Valued at USD 7.07 Billion in 2023 and the Worldwide Molten Salt Thermal Energy Storage Market Size is Expected to Reach USD 29.1 Billion ...

3 months ago - GlobeNewsWire

Ice Thermal Energy Storage Market to Reach $442.9 Billion, Globally, by 2030 at 12.6% CAGR: Allied Market Research

As global energy consumption rises, there is a pressing need to find sustainable and cost-effective methods to meet this demand. ITES systems offer a solution by storing energy in the form of ice duri...

3 months ago - GlobeNewsWire

Thermal Energy International's CEO Provides Business Update

CEO issues letter to shareholders highlighting the Company's progress and investments in future growth Ottawa, Ontario--(Newsfile Corp. - July 23, 2024) - Thermal Energy International Inc. (TSXV: TMG)...

4 months ago - Newsfile Corp

Thermal Energy International Announces Record Order Intake for Fiscal 2024 and Record Order Backlog to Start Fiscal 2025

Ottawa, Ontario--(Newsfile Corp. - July 16, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and ca...

4 months ago - Newsfile Corp

Thermal Energy Announces $1.9 million Turn-key Heat Recovery Project for a Global Materials Company

Project designed to help customer achieve ambitious carbon emission reduction targets with a compelling payback of under two years Ottawa, Ontario--(Newsfile Corp. - May 6, 2024) - Thermal Energy Inte...

7 months ago - Newsfile Corp

Thermal Energy International Inc. (TMGEF) Q3 2024 Earnings Call Transcript

Thermal Energy International Inc. (OTCQB:TMGEF) Q3 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants William Crosland - President and CEO Trevor Heisler - NBC Capital Market...

7 months ago - Seeking Alpha

Thermal Energy International's Third Quarter Results Highlighted by Continued Revenue Growth and Strong Momentum

Profitable cleantech company's year-to-date results remain well ahead of a year ago Ottawa, Ontario--(Newsfile Corp. - April 25, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("...

7 months ago - Newsfile Corp

Underground Thermal Energy Networks May Be About to Have Their Moment

These climate-friendly heating-and-cooling systems are drawing support from states, cities, utilities and developers.

7 months ago - WSJ

Thermal Energy International to Announce Fiscal 2024 Third Quarter Financial Results on April 25, 2024

Ottawa, Ontario--(Newsfile Corp. - April 11, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and c...

7 months ago - Newsfile Corp