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Bullboard - Stock Discussion Forum Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

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... see more

TSXV:TMG - Post Discussion

Thermal Energy International Inc > Mostley we are NOT morons... Since
View:
Post by prone on Oct 07, 2024 2:59pm

Mostley we are NOT morons... Since

We remeber that the achieved, growing Backlog is almost 30M......
Biggest Back log ever..!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Nothing to crab about.....!!!!!!!!!!!!!!!!!!!!!!!!
Comment by Mostlyserious on Oct 07, 2024 5:06pm
$21.3 million as at Sep 18, after last contract add another $2.2 million.  Some smaller stuff likely can be added but Q1 results will reduce the amount at the end of this month. The point is, as someone analyzed, the backlog has not grown significantly since last year and growth in revenue over the second half of the year was negligible.  Crossland has left most of us with them ...more  
Comment by prone on Oct 08, 2024 8:50am
The key point is the 30M backlog - which represents the sales inhand, awaiting completion. This means TEI has 30M worth of work, to justify staffing of both operational and expansionist activities. Which also means, if not spread out too much, a 30 M revenue for the aggragate period of time between achieving the 30M backlog and the final shipping/payment of the backlog content. Then we have ...more  
Comment by Going44Gold on Oct 08, 2024 9:01am
Perhaps Prone is still living in 2017. Order backlog as of Sept 18, 2024 was $21.3M  S at least get your facts right ....dreamer. GL
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