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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 > Business outlook
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Comment by Mostlyseriouson Jan 26, 2024 10:14am
108 Views
Post# 35846899

RE:RE:RE:RE:RE:RE:RE:RE:RE:Business outlook

RE:RE:RE:RE:RE:RE:RE:RE:RE:Business outlookIt is true that aggressive growth was cast aside when Bill took over.  His approach IMO was overcautious growth and the 2012 to 2018 period IMO was just treading water and figuring things out with not such great results. 

But the market is ready for an accelerated growth and he seems to be starting to accelerate investment to be able to tap into some potential.  

I am OK with a smaller bottom line today, to have a greater top and bottom line next year.
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