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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 Mostlyseriouson Jul 13, 2023 2:52pm
78 Views
Post# 35539898

RE:RE:RE:Back to boasting about the backlog and PDAs

RE:RE:RE:Back to boasting about the backlog and PDAsI think we need to be careful not to do the wrong math for Q4 because revenue is recognized as projects completed, not when contracts signed.  

If Q4 is not as high as we think, it just means tbat subsequent quarters will be higher.  But if they keep growing sales, flactuation due to timing from one quarter to another won't matter as much....as long we get away from $3-$4 million quarters and build a base well north of $5-$6 million which guarantees positive bottom line and positivr cashflow.
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