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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

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

Comment by Going44Goldon Feb 04, 2023 10:52am
219 Views
Post# 35266705

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

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

If we are to analysis the market perspective, we need to bill out more $15M in the next 2 quarters to better sales from 2020. This would also improve cash flow and generate basic interest that the company is truly growing the business.  Long time holder of the stock but the time is now to deliver long term stability to enhance shareholder value.  I think it has been said too many times, we need to see consistent sales growth based on the pipeline created and to find additional new loyal customers.

Revenue:
 $4.2 million for the quarter, $7.3 million year-to-date

  • EBITDAi$(28) thousand for the quarter

  • Net loss: of $(266) thousand for the quarter, $(775) thousand year-to-date

  • EBITDA$(28) thousand for the quarter, $(258) thousand, year-to-date

  • Cash and working capital balances are $2.7 million and $1.8 million respectively

  • Order intake: $14.4 million for the quarter, $18.1 million year-to-date

  • Order backlogii $17.1 million as at November 30, 2022 compared to $7 million at the same time last year, increasing to $19.5 million as of January 26, 2023.

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