Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials Pollution & Treatment Controls

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.

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Thermal Energy International Inc

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Post by proneon Oct 15, 2024 9:19am

65 Views

Post# 36266073

Any FYI to post...?

Remember the clock is ticking ... Here is my FYI ....

--->TEI's growth has been consistently growing...

In the beginning there were slowly increasing # of turn-key systems.

The with the addition of GEM, an increasing # of trap sales, supporting the overhead - but unreported.

With the addition of BEI, its Heat Sponges and Sofame with its array of products, the proportion of small-medium sales, has increased and supported sales growth. These sales being smaller - mostley went unreported.

Now we have increased capacity in the UK for GEM production - and increased capacity at BEI.

So it is understandable that a proportion of the PDAs are for mixtures of small and and medium product integration - with some of the larger small product configurations 'being' reported.

TEI had a sales receipt for 2024 = $29.7M - largest ever.

TEI is on a roll with more customers, broader product reach, and 'supply agreements'.

The many supply agreements support a 'pipeline' of future sales..!

BEI has a number of agreements with Boiler manufacurers and School districts.!

So I patiently wait and meanwhile post FYI for our new investors

GLTA..

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