Thermal Energy International Inc. (TSXV:TMG)

TSXV:TMG Revenue

Thermal Energy International had revenue of 6.22M CAD in the quarter ending August 31, 2026, a decrease of -9.25%. This brings the company's total for the last twelve months to 32.92M, up 16.89% year-over-year. In the fiscal year ending May 31, 2026, Thermal Energy International had annual revenue of 33.55M with 12.66% growth. That makes Thermal Energy International the 32,852nd largest company in the world by revenue and 590th in Canada.

• Revenue (ttm): 32.92M
• Revenue Growth: +16.89%
• P/S Ratio: 0.83
• Revenue / Employee: n/a
• Employees: n/a
• Market Cap: 27.36M

Revenue Chart

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Revenue by Segment

By Segment

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• Thermal Energy Ottawa 21.91M 65.3%
• Thermal Energy Bristol 11.64M 34.7%

By Geography

• United States of America 18.55M 55.3%
• Canada 3.33M 9.9%
• United Kingdom 2.95M 8.8%
• Germany 1.80M 5.4%
• Ireland 1.76M 5.3%
• Italy 1.52M 4.5%
• Romania 941.26K 2.8%
• Other 2.69M 8.0%

Fiscal year ended May 31, 2026 See the full TSXV:TMG breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
May 31, 2026	33.55M	3.77M	12.66%
May 31, 2025	29.78M	3.90M	15.07%
May 31, 2024	25.88M	4.79M	22.70%
May 31, 2023	21.09M	5.18M	32.57%
May 31, 2022	15.91M	559.87K	3.65%
May 31, 2021	15.35M	-6.07M	-28.33%
May 31, 2020	21.42M	332.92K	1.58%
May 31, 2019	21.08M	3.68M	21.11%
May 31, 2018	17.41M	4.22M	31.96%
May 31, 2017	13.19M	790.03K	6.37%
May 31, 2016	12.40M	5.60M	82.38%
May 31, 2015	6.80M	-6.35M	-48.29%
May 31, 2014	13.15M	7.34M	126.24%
May 31, 2010	5.81M	1.85M	46.82%
May 31, 2009	3.96M	-967.29K	-19.64%
May 31, 2008	4.93M	4.11M	500.01%
May 31, 2007	821.02K	-2.02M	-71.14%
May 31, 2006	2.85M	2.18M	325.82%
May 31, 2005	668.20K	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Oct 27, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 2, 2026

Data Sources Report a data error