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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 ramman1on Jan 26, 2024 10:57am
138 Views
Post# 35847021

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Business outlookCrossland noted in yesterday's report,that the company has seen significant revenue increase in''BOTH'', (turn key operations/contracts)  , and (custom equipment orders). Also noted is the R&D being beefed up for the digitalization , and automation processes.-----   This would tell us the custom equipment ,automated controllers ,digital boiler room control monitors ,and remote controls from outside the confines of the boiler room are seeing a demand and business expansion opportunity.-----   The days of boiler room controls using old analog monitoring ,strip charts ,and operator hand controls  for adjustments are over.  It's all automated via digital pre-sets ,and this is what Crossland sees.  
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