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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 jtmoneyon Feb 07, 2021 1:08pm
66 Views
Post# 32496022

RE:RE:RE:Germany is emphasizing large Green projects ....

RE:RE:RE:Germany is emphasizing large Green projects ....

Ok, but even if you dont want to compare Tei to Xbc or Grn would you not say that we're way undervalued even when compared to Kontrol? 

I don't know Kontrol well but at a quick glance of their most recent quarter they did $3mil in revenue and had a net loss of $200k 

In the last nine months they've done $8mil in revenue and have a net loss of $1.3mil 

Both the last 3mth and 9mth numbers for Kontrol are also down from their 2019 numbers. 

Their market cap is $135mil and the market cap for Tmg is $32mil 

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