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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. is a Canadian clean technology company. The Company provides energy efficiency and emissions reduction solutions to the Fortune 500 and other multinational companies. The Company operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. The Company markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEM steam traps). The Company is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). The Company has two operational bases, one in Ottawa, Canada covering North America, and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by RJSullivanon Aug 16, 2016 11:35am
57 Views
Post# 25146105

RE:RE:Facts rule - Revenue Growth of 124% - best ever

RE:RE:Facts rule - Revenue Growth of 124% - best ever Good point Prone. Add to this, that revenue for the last 12 months reported (Q4 2015 to Q3 2016) was about $10.8 million and for the last 9 months was almost $8.3 million. Order backlog with the latest order announcements is approximately $8.5 million, which does not reflect any smaller, unannlounced orders. Someone is obviously keeping the share price down, but why?
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