Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.


TSXV:TMG - Post by User

Thermal Energy International Inc > Reason to hold and reason to buy...!
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(60)
•••
Comment by Going44Goldon Dec 13, 2024 12:46pm
74 Views
Post# 36361273

RE:Reason to hold and reason to buy...!

RE:Reason to hold and reason to buy...!

Not sure Prone that your information is accurate for 2025.

Q1 2025 $8.5M in sales. Net income $300,000
Backlog as of October 28th 2024 = $18.4 M

Even if TMG can deliver the entire backlog, that = $27M

No new contract announcements, there is no additional revenue stream to build a proper pipeline. The made up GP number does not account for the new additional costs. The company is tracking to $12M in operating expenses for 2025. GP margins dropped to 42% in Q1 2024 from a high of 53% the previous year.

This company needs new contracts to provide shareholder return to make this a viable investment. 

GLTA






 

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities