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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 > Record Order Intake in Fiscal Year Ended May 31, 2023 27.3 M
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Comment by proneon Jul 11, 2023 8:06am
90 Views
Post# 35534983

RE:Record Order Intake in Fiscal Year Ended May 31, 2023 27.3 M

RE:Record Order Intake in Fiscal Year Ended May 31, 2023 27.3 MWe knew that steam traps and smaller custom work were feuling the order intake.  These medium sized orders go unreported.
Our former focus has been FluAces which exceed 1M and get reported.
So just 2 large projects tended to imply sales gaps.
However, the updated PDA count to 25, definitely shows the increased demand for energy efficiency and climate focus.

The % comparisons are forward looking and imply sustainable growth.
So I am looking forward to more good quarters.!!

Yahoooooooooo!
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