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Thermal Energy International Inc. (TMG.V)
TSXV - TSXV Real Time Price. Currency in CAD
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TMGEF + AABB Up 3,900 % yr before Dec 28 th Exchange + FOBIF Revenue Up 290 % qt.
I miss Tom Hinkie! And Tim Angus!
TMG went up more than 17% today on double it’s average 3 month volume, in spite of profit-taking from midday. . This is NOT a fluke. This is in part due to exposure in the Planet Microcap Showcase, yet to come, and to the CEO’s, William Crossland, charisma. But it is mostly due to the fact that this company’s approach to decarbonizing the environment, is very practical. It is also a Win-Win-Win proposition. It is a Win for the client because they recuperate their costs usually within two years. It is a Win for TMG because they make money and their reputation grows. And it is a Win for you because your shares appreciate. Whichever way you look at it, it’s a good buy. In 3 years, this company’s shares will be worth around 7$. Mark my words. The WORLD needs more TMG, right now.
OTTAWA, ONTARIO - TheNewswire – April 7, 2021 – Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSXV:TMG) (OTC:TMGEF) an innovative cleantech company and global provider of energy efficiency and emissions reduction solutions to companies worldwide, together with its wholly owned subsidiary, Boilerroom Equipment Inc. (“BEI”), has expanded to a larger administrative, manufacturing, and distribution centre in Cheswick, PA.
Thermal Energy engineers, manufactures, and distributes products to customers all over the world from sites in Canada, the United States, and Europe. This new facility will add more strategic US capacity as well as global flexibility to the Company’s existing robust in-house and outsourced manufacturing capabilities.
The new location features approximately 25,000 square feet of warehouse and manufacturing space, plus additional office space for a growing team of US-based engineers. With convenient access to the airport and major western Pennsylvania highways, and a location only ten miles northeast of downtown Pittsburgh, PA, the new site will enable improved product shipping efficiency and world-wide distribution.
Second-quarter financial highlights:
- $5.0 million in revenue, a 77% increase compared to Q1
- $2.4 million gross profit, up 84% compared to Q1
- EBITDA of $788 thousand compared to $15 thousand in Q1
- Net profit of $580 thousand compared to a net loss of $218 thousand in Q1
- Quarter-end cash balances of $4.9 million and working capital of $4.2 million
- Order intake continues to track significantly ahead of last year – up 103% compared to Q2 last year and up 66% on a year-to-date basis
This should start to do what GRN.V did in the last six months - which is up, up, up. Perhaps if they changed their name to Thermal Renewables people would get the story.
OTTAWA, ONTARIO – April 15, 2021 – Thermal Energy International Inc. (“Thermal Energy or the “Company”) (TSXV: TMG), has announced it has received its second heat recovery order from one of the world’s largest brewers.
The order includes major equipment, engineering, and commissioning and is valued at over $500,000. Thermal Energy will design and deliver a customized FLU-ACE® system for the customer’s Russian production facility. The FLU-ACE® will be integrated with, and improve the efficiency of, the biogas generation system already present at the site.
For y'all checking on this. TMG just got a new warehouse, from 10k sqft TO 25k sqft. They stated that this expansion will GREATLY impact the amount of orders they can complete and the literal size of orders.
Imagine how much more merchandise a walmart can sell if it made a store 2.5X larger?
TMG just signed a million dollar contract with a multinational Brewing company!
Thermal Energy International Acquires Sofame Technologies
OTTAWA, ONTARIO – July 13, 2021 – Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSX-V: TMG, OTCQB: TMGEF), an innovative cleantech company and global provider of energy efficiency and carbon emission reduction solutions, has acquired all the material assets of Sofame Technologies (“Sofame”) based in Montréal, QC.
The acquisition includes all rights and title to Sofame’s five unique proprietary thermal energy efficiency and sustainability product lines, as well as all: licenses, patents, trademarks, trade names, logos, corporate and product names, slogans, copyrights, trade secrets, drawings, specifications, designs, plans, books, records, distributor and vendor relationships and customer lists.
Sofame Technologies, established in 1984, has gained worldwide recognition for its innovative proprietary products, having received numerous industry awards including several from ASHRAE (American Society of Heating, Refrigerating and Air Conditioning Engineers).
The acquisition of Sofame will provide Thermal Energy with an expanded portfolio of complementary energy efficiency and carbon emission reduction solutions, as well as a significant project installation base – with hundreds of individual Sofame units installed across Canada, US and Europe.
company is so very poor on giving shareholders any news,it has been like that for years and that reflects in there stock up and down new investors dont hang around very long i have owned for 20 years still down,,
21million in revenues but only 33million market cap!!
whereas all the thermal compaines are around 5 times the market cap with 0 revenue. BEAT THAT
TMG just signed a Million + REPEAT contract with major dairy producer in the US! Wake up!
Where is this spike coming from? I’ve been in this stock for awhile and nothing until now.
Alot if profit takers at 21c. Theyll be sadly when this hits 30c by weeks end.
Strong asks for 18c. After this red sea we'll break up big time. A green company making revenue of 20M a year with a MC of 30M?
I could see this 2X or 3X in due time
I have strong faith in this company!
More and more people will open their eyes to them
Congrats on your run last week! I've been watching since .16ish, looks like a strong future ahead.
We've been watching stocks explode, doubling in a day, but this one is probably more of a slow burner. A penny here, a penny there, and one day in the near future we'll have our double, just not all in one big bite.
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