Thermal Energy International Inc. (TSXV:TMG)

Canada flag Canada · Delayed Price · Currency is CAD
0.165
0.00 (0.00%)
Apr 28, 2026, 3:54 PM EST
43.48%
Market Cap 28.21M
Revenue (ttm) 29.68M
Net Income (ttm) 507.04K
Shares Out 170.96M
EPS (ttm) 0.00
PE Ratio 63.12
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 247,977
Average Volume 75,956
Open 0.170
Previous Close 0.165
Day's Range 0.165 - 0.170
52-Week Range 0.100 - 0.200
Beta 0.02
RSI 56.96
Earnings Date Apr 28, 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

Q3 2026 Thermal Energy International Inc Earnings Call Transcript

Q3 2026 Thermal Energy International Inc Earnings Call Transcript

2 hours ago - GuruFocus

Thermal Energy International Earnings Call Transcript: Q3 2026

Record Q3 and trailing 12-month revenues were achieved, with strong order intake and significant improvements in adjusted EBITDA and net income. The balance sheet is robust, with virtually no debt and increased cash, positioning the company for continued growth.

18 hours ago - Transcripts

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...

20 hours 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...

7 days 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...

13 days 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...

2 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.

3 months ago - Transcripts

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 ...

3 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...

3 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...

3 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...

4 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...

5 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...

5 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 ...

6 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.

6 months ago - Transcripts

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 ...

6 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.

6 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 ...

6 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.

7 months ago - Transcripts

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...

7 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...

8 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...

8 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...

10 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)...

10 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 ...

10 months ago - Newsfile Corp