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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 Dec 15, 2023 3:25pm
84 Views
Post# 35787334

RE:RE:From planet Microcap

RE:RE:From planet Microcap

I hope so. 


He talks about the 30% pre pandemic revenue growth.  I know the revenue base is higher now, but I am under the impression that the organization is so much stronger now and more importantly that the demand much stronger as clients sound like for a change they are calling TEI as opposed to the other way around.

in any case, my thinking is that any growth from last year will disproportionately feed into the bottom line and positive cashflow because the fixed costs had been absorbed.  

So, much better days ahead, the only question by how much.

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