RE:RE:RE:RE:Instant news receipt .....What we have just found out is..
"We are thrilled to announce that Thermal Energy
-->has yet again achieved record annual order intake,”
-->“After an impressive 130% growth in orders last year,
-->order intake this year is up a further 9% to $29.7 million compared to $27.3 million the year before.
-->Notably, we had our highest ever annual order intake for turn-key heat recovery solutions,
-->record order intake for our wholly owned subsidiary, Boilerroom Equipment, Inc.,
-->as well as the second-highest annual order intake for our GEM business.
-->As a result, we are starting our new fiscal year with an unprecedented order backlog, up approximately 40% compared to a year earlier and up more than 200% over the past two years.
These achievements underscore the strong demand for our energy efficiency and carbon emission reduction solutions.
They are also a testament to our team's dedication and the trust our large multinational customers place in our technology and expertise to deliver significant energy savings and environmental benefits." WHAT I stated before has been validated.!!!!! ---->
Unknown, is the growing volume of Gem traps and smaller custom fit-ups.! A PDA can include a custom product mix for non-standard systems.
All these systems require engineering and result in contracts for less than 1M.
With the addition of BEI, and now Sofame comes a wealth of smaller installs and upgrades.
TEI is reaping repeat sales within multi-site clients, that have opened the door to fringe applications like water recovery, heat pumps, and power generation.
BEI has agreements with school boards for group installs and with boiler manufacurers for add-ons to all their products installs and Uprades.
Sofame has installed customers numbering 100+, all needing enhanced/new solutions.
Small stuff was paying the rent @ less than 10M,
and now will be north of 10M.
How high.?
The good news is that small and medium sales are solid and growing.!
As big sales are announced, the revenue will surpass 30M.
Again, How High.!