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Thermal Energy International Inc. (TSXV:TMG)
Canada flag Canada · Delayed Price · Currency is CAD
0.1700
-0.0100 (-5.56%)
At close: Feb 9, 2026

Revenue Breakdown

Millions CAD. Fiscal year is Jun - May.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014
Period Ending
Nov '25 May '25 May '24 May '23 May '22 May '21 May '20 May '19 May '18 May '17 May '16 May '15 May '14
Thermal Energy Ottawa Revenue
26.79M13.61M11.81M
Thermal Energy Ottawa Revenue Growth
96.84%15.20%12.53%
Thermal Energy Bristol Revenue
25.85M16.17M14.07M
Thermal Energy Bristol Revenue Growth
59.82%14.96%32.79%

Revenue Breakdown 2

Millions CAD. Fiscal year is Jun - May.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014
Period Ending
Nov '25 May '25 May '24 May '23 May '22 May '21 May '20 May '19 May '18 May '17 May '16 May '15 May '14
Sale of Goods and Equipment Revenue
24.22M13.17M14.73M
Sale of Goods and Equipment Revenue Growth
83.83%-10.55%9.53%
Services Revenue
4.01M2.33M1.87M
Services Revenue Growth
72.04%24.97%39.90%
Contracts for Heat Recovery Project Revenue
24.40M14.27M9.29M
Contracts for Heat Recovery Project Revenue Growth
70.96%53.71%47.14%

Gross Profit

Millions CAD. Fiscal year is Jun - May.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014
Period Ending
Nov '25 May '25 May '24 May '23 May '22 May '21 May '20 May '19 May '18 May '17 May '16 May '15 May '14
Thermal Energy Ottawa Gross Profit
10.43M5.64M5.41M
Thermal Energy Ottawa Gross Profit Growth
85.06%4.15%17.50%
Thermal Energy Bristol Gross Profit
11.37M6.71M7.04M
Thermal Energy Bristol Gross Profit Growth
69.62%-4.74%41.86%

Net Income

Millions CAD. Fiscal year is Jun - May.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014
Period Ending
Nov '25 May '25 May '24 May '23 May '22 May '21 May '20 May '19 May '18 May '17 May '16 May '15 May '14
Thermal Energy Ottawa Net Income
2.68M1.34M1.36M
Thermal Energy Ottawa Net Income Growth
100.62%-1.68%8.26%
Thermal Energy Bristol Net Income
694.42K806.51K1.71M
Thermal Energy Bristol Net Income Growth
-13.90%-52.70%101.25%
Eliminations from Net Income
-2.83M-1.98M-2.08M

Key Performance Indicators

Millions CAD. Fiscal year is Jun - May.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014
Period Ending
Nov '25 May '25 May '24 May '23 May '22 May '21 May '20 May '19 May '18 May '17 May '16 May '15 May '14
Order Backlog
15.00M12.90M18.70M
Order Backlog Growth
16.28%-31.02%43.85%
Updated Nov 30, 2025. Data Source: Fiscal.ai.