Thermal Energy International Inc. (TSXV:TMG)

Canada flag Canada · Delayed Price · Currency is CAD
0.1600
-0.0050 (-3.03%)
May 21, 2026, 12:59 PM EST
Market Cap27.35M +37.4%
Revenue (ttm)33.29M +9.2%
Net Income1.25M +714.0%
EPS0.01 +924.3%
Shares Out170.96M
PE Ratio27.36
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume32,886
Average Volume109,021
Open0.1650
Previous Close0.1650
Day's Range0.1600 - 0.1650
52-Week Range0.1000 - 0.2000
Beta0.02
RSI49.53
Earnings DateApr 28, 2026

About TSXV: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. Its products include GEM steam traps; FLU-ACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; indirect contact heat recovery equipment; boiler economizers under the HeatSponge brand; wet and dry steam accumulators; electri... [Read more]

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

Financial Performance

In fiscal year 2025, TSXV:TMG'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 Statements

News

Thermal Energy International Inc (TMGEF) Q3 2026 Earnings Call Highlights: Record Revenue and ...

Thermal Energy International Inc (TMGEF) Q3 2026 Earnings Call Highlights: Record Revenue and Strong Financial Performance

22 days ago - GuruFocus

Thermal Energy International Earnings Call Transcript: Q3 2026

Record Q3 and trailing 12-month revenues were achieved, with strong order intake and improved profitability. Operational leverage from prior investments is now evident, and the balance sheet is robust with virtually no debt and increased cash.

23 days 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.

23 days 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.

23 days 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...

23 days 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...

4 weeks 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...

5 weeks 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...

3 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.

4 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.

4 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.

4 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 ...

4 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...

4 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...

4 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...

5 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...

6 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...

6 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 ...

7 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.

7 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.

7 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.

7 months ago - Filings

Thermal Energy's First Quarter Highlighted by Record Q1 Order Intake and Higher Order Backlog

Ottawa, Ontario--(Newsfile Corp. - October 28, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and ...

7 months ago - Newsfile Corp

Thermal Energy International Transcript: Planet MicroCap Showcase: TORONTO 2025

Consistent profitability, strong cash flow, and 41% revenue growth highlight robust performance. Strategic initiatives include expanding indirect sales, launching the Crest app, and targeting higher-margin equipment sales, with a global focus and significant untapped customer potential.

7 months ago - Transcripts

Thermal Energy International to Announce First Quarter Results on October 28, 2025

Ottawa, Ontario--(Newsfile Corp. - October 15, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and ...

7 months ago - Newsfile Corp

Thermal Energy International Earnings Call Transcript: Q4 2025

Record annual revenue and improved margins were achieved despite a Q4 revenue dip and lower annual profitability, with significant debt reduction and a record Q1 order intake positioning the company for a strong second half of fiscal 2026. Strategic initiatives target sales growth and margin improvement.

8 months ago - Transcripts