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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Industrials
Thermal Energy International Inc. is a Canadian clean technology company. The Company provides energy efficiency and emissions reduction solutions to the Fortune 500 and other multinational companies. The Company operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. The Company 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 (GEM steam traps). The Company is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). The Company has two operational bases, one in Ottawa, Canada covering North America, and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Thermal Energy International Inc > Once again yahoo says earnings today .
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Comment by Mostlyseriouson Feb 03, 2023 6:25pm
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Post# 35266178

RE:RE:RE:RE:RE:RE:Once again yahoo says earnings today .

RE:RE:RE:RE:RE:RE:Once again yahoo says earnings today .Here are some numbers broken down further.

YTD order intake is about $18M:

- $10M custom equipment (likely GEM and BEI) that takes 3-6 months to deliver.

-  $8M turn-key that takes 6-12 months deliver and revenues are typically weighted towards the end because of percentage of completion accounting.

Custom equipment margins in the 50s due to the proprietary nature component, turn-key in the 30s because can't really load up profit margin on installation costs that are not proprietary.

Then what?  Keep the sales orders coming!
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