Thermal Energy International Inc. (TSXV:TMG)
| 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]
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 StatementsNews
Q3 2026 Thermal Energy International Inc Earnings Call Transcript
Q3 2026 Thermal Energy International Inc Earnings Call Transcript
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.
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...
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...
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...
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...
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.
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 ...
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...
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...
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...
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...
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...
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 ...
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.
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 ...
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.
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 ...
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.
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...
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...
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...
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...
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)...
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 ...