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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

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

Comment by canyousayiiion Jan 26, 2021 1:44pm
101 Views
Post# 32388887

RE:RE:Another cleantech

RE:RE:Another cleantechNot sure I quite get your point in terms of partners (if they are business partners, then it should start reflecting fast in results, no?) but I do accept that direct comparisons are futile in the markets. I think it is informative given how large the difference is in market cap compared to result. $120m market cap for $7.5million revenues and $5million loss compared to $30m market cap for FIRST half $8million revenues and half a million profit. I would like to think that those paying the $120m market cap would find ours somewhat inexpensive, no? Granted, it is about the future, they may grow faster than us, but they need to grow fast to catch up to us, and who knows when that will happen once we also speed up after Covid. In any case, a good day, but the best is yet to come. I expect a volatile ride but overall trending up.
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