Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It 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 (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.

TSXV:TMG - Post by User

Thermal Energy International Inc

Bullboard Posts

Comment by BcSlimon May 05, 2017 3:50pm

59 Views

Post# 26210393

RE:RE:Results speak louder than words

2012 revenues were 13 million dollars

	05-2012	05-2011	05-2010	05-2009

Sales	$ 13,153	$ 9,701	$ 5,813	$ 3,959
Cost of Goods	7,504	5,026	2,255	1,595
Gross Profit	5,648	4,675	3,557	2,364
Operating Expenses	5,628	4,976	6,619	5,902
Operating Income	20	-301	-3,061	-3,539
Interest Expense	-	38	59	100
Other Income/Expenses	103	230	142	440
Pre-tax Income	123	-109	-2,978	-3,199
Income Taxes	39	2	86	-
Net Income from Cont. Operations	85	-111	-3,064	-3,199
Minority Interest	17	-31	-8	-7