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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 Mostlyseriouson Apr 25, 2024 7:12am
70 Views
Post# 36006557

RE:Exuberance

RE:ExuberanceI don't expect much.  There is seasonality in Q3 so it is all about Q3 of this year compared to last year but revenues are lumpy due to nature of business.

i am not sure what $800k of bad debts you are referring to.  There should be very little given the nature of their clients.

I figure it is a conference call because they have analyst coverage now.  They are the only ones that can ask questions.

To me, it is about continued business development.  Given the PDA backlog, any day we should be seeing some signed contracts.  So, this story is not about any particular Q results but a longer trend.  SP will be what it will be today.  Could be a bit of sell on news, but after it will be buy for the continuation of the story of clients continuing to acquire projects that save money and help address emission targets.

NR within an hour or so.
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