Thermal Energy International Inc V.TMG

first impression Q1, hope? , maybe?

[Possibleidiot01]

"Even with the $1.6 million in increased expenses to drive future growth, TTM EBITDA was $2.1 million and net income was $1.1 million, only $300 thousand less than the prior year's twelve-month period."

The current order backlog moved to $18.4 million as of October 28, 2024 from $11.6 million last year.

Management highlights the "lumpy" as in don't expect next quarter to be so hot.

"While this is an exciting time for Thermal Energy, our revenues, especially from Turn-key Projects can be quite lumpy depending on the timing of projects."

Leaving us with a work in progress .

[AlbertESG]

The top line was great, especially when you consider that it was a summer quarter. The backlog however, is 3.6 MM behind where it was at the end of Oct last year. At this point in the cycle, the backlog is like a scale; the more revenue that is taken from the Q1/Q2 side, the more the Q3/Q4 side will go down. At this point, it is small orders that can save the year, but they seem to have continued

[Mostlyserious]

The better the Q1 the worse the rest of the year. That is simply how it works.  "The worse" in terms of financial results can be reversed through order backlog build-up though, so need to start seeing more contract announcements.  As you pointed out, and as can be seen by dissecting the results, Q1 was great because of the implementation of the previous backlog, but if the

[prone]

The day traders are mostly never satisfied and polute this BB with post after post of anything they can surmise. Thank you TEI for surpassing expectations....!!!!

[ramman1]

And to ask a question  for our poster ''PRONE''.  Exactly what expectations were surpassed ????.     Some parts of the report were quite good, HOWEVER ,order intake , the most important section of all ,is not keeping up as noted by other posters. Conclusion:  Nothing to get excited about with this report.---------  Sales must increase-------

[Mostlyserious]

And whose expectations?  His majesty Prone's and Greendaze's? The two shareholders worthy more than the rest of us? Sorry for polluting their drivel with sensible observations.  

[Mostlyserious]

Prone, just so we have a good reference point before you slam posters next time, provide your or our or whoever-is-important expectations for Q2.  Let's keep it simple and keep it just to two metrics - revenues and order backlog up to the date of the press release.  TIA.

[panapple42]

someone  just traded 63 shares for $14.49  ? Hmmmmm.  Very sad if so. If you read this, Seek help. 

[prone]

Overall, everthing is improving within a positively improving market. Navel gazing into a specific moment in time is subject to the 'lumpiness of projects completions', order receipt, PDA enactments into contracts and the sizes of each. That is WHY y-to-d metrics and current metrics, add information, which vary with time delineated metrics/summations. Is TEI doing better = YES. Is the