Thermal Energy International Inc. (TSXV:TMG)

Canada flag Canada · Delayed Price · Currency is CAD
0.155
-0.010 (-6.06%)
At close: Mar 9, 2026
14.81%
Market Cap 26.50M
Revenue (ttm) 29.68M
Net Income (ttm) 507.04K
Shares Out 170.96M
EPS (ttm) 0.00
PE Ratio 59.30
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 75,847
Average Volume 107,110
Open 0.160
Previous Close 0.165
Day's Range 0.155 - 0.160
52-Week Range 0.100 - 0.200
Beta -0.12
RSI 41.54
Earnings Date Apr 24, 2026

About TSXV:TMG

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]

Sector Industrials
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 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...

19 days ago - Newsfile Corp

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 ...

5 weeks 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 weeks 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...

2 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...

3 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...

3 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...

3 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 ...

4 months ago - Newsfile Corp

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 ...

4 months ago - Newsfile Corp

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 ...

5 months ago - Newsfile Corp

Thermal Energy Achieves Record Revenue of $29.8 Million in Fiscal 2025

Company reports results for fourth quarter and fiscal year 2025; record order intake for first quarter of fiscal 2026 Ottawa, Ontario--(Newsfile Corp. - September 23, 2025) - Thermal Energy Internatio...

5 months ago - Newsfile Corp

Thermal Energy International to Announce Fourth Quarter and Fiscal Year 2025 Financial Results on September 23, 2025

Ottawa, Ontario--(Newsfile Corp. - September 16, 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 to Present at Two Investor Conferences - Smallcap Discoveries Conference, Vancouver and Planet MicroCap Showcase, Toronto

Ottawa, Ontario--(Newsfile Corp. - September 3, 2025) - 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 Receives $1 Million Turnkey Heat Recovery Order from Multinational Building Materials Company

Three two-stage HeatSponge boiler economizers to be installed at one of the customer's U.S. sites Ottawa, Ontario--(Newsfile Corp. - July 15, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTC...

8 months ago - Newsfile Corp

Thermal Energy Announces $1.4 Million Heat Recovery Project with Malted Barley Producer

Turnkey project will reduce hot water, fuel consumption, and emissions at European site Ottawa, Ontario--(Newsfile Corp. - July 10, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF)...

8 months ago - Newsfile Corp

Thermal Energy Announces Additional $4.1 Million Contract with Global Pharmaceutical Leader

Canadian cleantech firm hired to design, implement and commission a turn-key heat recovery project at one of the Fortune 500-listed customer's U.S. manufacturing facilities Ottawa, Ontario--(Newsfile ...

8 months ago - Newsfile Corp

Thermal Energy Secures $1 Million Follow-on Order for Heat Recovery Project from Global Pharmaceutical Leader

Canadian cleantech firm to provide equipment for heat recovery project at one of the Fortune 500-listed customer's U.S. manufacturing facilities Ottawa, Ontario--(Newsfile Corp. - June 26, 2025) - The...

9 months ago - Newsfile Corp

Thermal Energy International Announces Participation in the 2025 Canadian Climate Investor Conference

Ottawa, Ontario--(Newsfile Corp. - May 27, 2025) - Thermal Energy International (TSXV: TMG) (OTCQB: TMGEF), a provider of innovative energy efficiency and carbon emission reduction solutions to major ...

10 months ago - Newsfile Corp

Thermal Energy Announces Normal Course Issuer Bid

Ottawa, Ontario--(Newsfile Corp. - May 22, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carb...

10 months ago - Newsfile Corp

Shane Osborn Appointed Chief Operating Officer of Ocean Thermal Energy Corporation

PHILADELPHIA, PA / ACCESS Newswire / May 20, 2025 / Ocean Thermal Energy Corporation (OTE Corp), a leading renewable energy company specializing in Ocean Thermal Energy Conversion (OTEC) and Seawater ...

10 months ago - Accesswire

Thermal Energy Announces $930 Thousand in Repeat Business from Multinational Consumer Goods Company

Existing customer to increase conversion of steam traps to GEM traps at one of its European sites Ottawa, Ontario--(Newsfile Corp. - May 14, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQ...

10 months ago - Newsfile Corp

Thermal Energy Reports Third Quarter Results

Record revenue of $23 million for fiscal year-to-date period Ottawa, Ontario--(Newsfile Corp. - April 29, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the...

11 months ago - Newsfile Corp

Thermal Energy International to Report Third Quarter 2025 Financial Results on April 29

Ottawa, Ontario--(Newsfile Corp. - April 17, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and ca...

11 months ago - Newsfile Corp

Thermal Energy Announces $1 Million Heat Recovery Expansion Project with Leading Multinational Food & Beverage Company

Expansion project at American site to yield further reductions in natural gas consumption and CO2 emissions Ottawa, Ontario--(Newsfile Corp. - April 16, 2025) - Thermal Energy International Inc. (TSXV...

11 months ago - Newsfile Corp

Thermal Energy Announces its Largest Engineering Contract to Date - a $500,000 Contract from Another Leading Pharmaceutical Company

Canadian cleantech firm's solutions positioned as low-hanging fruit for multinational pharmaceutical companies looking to Ottawa, Ontario--(Newsfile Corp. - February 11, 2025) - Thermal Energy Interna...

1 year ago - Newsfile Corp