See more : Cargotec Corporation (CGCBV.HE) Income Statement Analysis – Financial Results
Complete financial analysis of Thermal Energy International Inc. (TMGEF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Thermal Energy International Inc., a leading company in the Industrial – Pollution & Treatment Controls industry within the Industrials sector.
You may be interested
- Biofrontera AG (BFAGY) Income Statement Analysis – Financial Results
- KOMEDA Holdings Co., Ltd. (3543.T) Income Statement Analysis – Financial Results
- Young Shine Electric Co., Ltd. (2249.TWO) Income Statement Analysis – Financial Results
- EQ Resources Limited (EQR.AX) Income Statement Analysis – Financial Results
- Prodware (ALPRO.PA) Income Statement Analysis – Financial Results
Thermal Energy International Inc. (TMGEF)
Industry: Industrial - Pollution & Treatment Controls
Sector: Industrials
Website: https://www.thermalenergy.com
About Thermal Energy International Inc.
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLU-ACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; indirect contact heat recovery equipment; boiler economizers under the HeatSponge brand; wet and dry steam accumulators; electricity co-generation solutions; turn-key thermal energy solutions; and water treatment products and services. It serves food and beverage, pulp and paper, hospital, pharmaceutical, chemicals and petrochemicals, and other industry sectors. Thermal Energy International Inc. was incorporated in 1991 and is based in Ottawa, Canada.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.88M | 21.09M | 15.91M | 15.35M | 21.42M | 21.08M | 17.41M | 13.19M | 12.40M | 6.80M | 13.15M | 8.21M | 13.15M | 9.70M | 5.81M | 3.96M | 4.93M | 821.02K | 2.85M | 668.20K | 922.51K | 70.75K | 631.03K | 3.71M | 207.83K | 963.60K | 674.83K |
| Cost of Revenue | 13.43M | 11.52M | 9.18M | 8.60M | 12.46M | 13.04M | 9.07M | 5.75M | 5.61M | 3.17M | 6.18M | 3.23M | 7.50M | 5.03M | 2.26M | 1.60M | 4.32M | 874.52K | 2.97M | 485.47K | 719.68K | 52.99K | 581.69K | 2.59M | 121.33K | 547.87K | 582.06K |
| Gross Profit | 12.45M | 9.57M | 6.73M | 6.75M | 8.95M | 8.04M | 8.33M | 7.44M | 6.79M | 3.63M | 6.97M | 4.98M | 5.65M | 4.67M | 3.56M | 2.36M | 608.02K | -53.49K | -126.82K | 182.73K | 202.83K | 17.76K | 49.34K | 1.12M | 86.49K | 415.74K | 92.77K |
| Gross Profit Ratio | 48.12% | 45.37% | 42.32% | 43.98% | 41.81% | 38.14% | 47.87% | 56.39% | 54.78% | 53.35% | 53.03% | 60.62% | 42.94% | 48.19% | 61.20% | 59.70% | 12.34% | -6.52% | -4.46% | 27.35% | 21.99% | 25.10% | 7.82% | 30.19% | 41.62% | 43.14% | 13.75% |
| Research & Development | 268.04K | 101.40K | -38.05K | -85.97K | -35.84K | 71.70K | 113.20K | 67.73K | 41.85K | 127.38K | 211.92K | 184.39K | 8.46K | 3.84K | 60.81K | 204.88K | 87.57K | 99.88K | 89.88K | 2.55K | 4.31K | 40.86K | 47.59K | 91.49K | 64.93K | 0.00 | 7.70K |
| General & Administrative | 6.26M | 4.72M | 4.58M | 3.96M | 4.62M | 4.71M | 3.26M | 2.84M | 2.91M | 2.60M | 6.19M | 5.64M | 5.62M | 4.74M | 6.16M | 5.34M | 3.08M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 4.55M | 3.60M | 3.61M | 2.54M | 3.23M | 3.54M | 4.47M | 3.95M | 3.51M | 3.28M | 3.60M | 2.97M | 0.00 | 228.12K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 10.82M | 8.32M | 8.18M | 6.50M | 7.85M | 8.25M | 7.73M | 6.79M | 6.42M | 5.88M | 6.19M | 5.64M | 5.62M | 4.97M | 6.16M | 5.34M | 3.08M | 2.32M | 2.05M | 1.74M | 1.36M | 1.20M | 1.35M | 1.14M | 1.95M | 459.51K | 792.37K |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 11.09M | 8.43M | 8.15M | 6.42M | 7.68M | 8.32M | 7.85M | 6.86M | 6.46M | 6.01M | 6.40M | 5.82M | 5.63M | 4.98M | 6.56M | 5.80M | 3.25M | 2.47M | 2.18M | 1.66M | 1.54M | 1.32M | 1.52M | 1.31M | 2.04M | 482.10K | 825.41K |
| Cost & Expenses | 24.51M | 19.95M | 17.32M | 15.01M | 20.14M | 21.36M | 16.92M | 12.61M | 12.07M | 9.18M | 12.58M | 9.05M | 13.13M | 10.00M | 8.81M | 7.40M | 7.57M | 3.34M | 5.15M | 2.15M | 2.26M | 1.37M | 2.10M | 3.90M | 2.16M | 1.03M | 1.41M |
| Interest Income | 49.34K | 0.00 | 0.00 | 0.00 | 5.14K | 20.41K | 32.23K | 11.52K | 25.53K | 60.06K | 133.68K | 108.46K | 102.96K | 192.01K | 82.83K | 340.08K | 88.30K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 416.82K | 449.34K | 335.94K | 316.65K | 420.22K | 302.39K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 38.15K | 58.94K | 99.79K | 20.42K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 384.33K | 612.93K | 697.02K | 559.41K | 516.90K | 338.49K | 44.34K | 38.11K | 38.34K | 36.08K | 46.70K | 143.92K | 144.98K | 153.27K | 273.76K | 222.18K | 31.31K | 24.83K | 18.52K | 9.15K | 43.78K | 81.07K | 99.01K | 75.38K | 26.44K | 22.59K | 25.35K |
| EBITDA | 1.75M | 1.76M | -716.46K | 894.88K | -1.26M | 81.07K | 533.12K | 619.09K | 369.29K | -2.34M | 619.40K | -724.67K | 165.30K | -148.00K | -2.65M | -2.88M | -2.52M | -2.50M | -2.28M | -1.47M | -1.29M | -1.22M | -1.37M | -112.01K | -1.93M | -43.78K | -707.29K |
| EBITDA Ratio | 6.77% | 8.33% | -4.50% | 5.83% | 8.39% | 0.38% | 3.25% | 4.69% | 2.98% | -34.44% | 4.73% | 19.54% | 1.26% | -1.53% | -45.52% | -72.66% | -51.17% | -304.33% | -80.30% | -219.74% | -140.16% | -1,723.02% | -216.95% | -3.02% | -926.46% | -4.54% | -104.81% |
| Operating Income | 1.37M | 1.14M | -1.41M | 335.47K | -1.79M | -277.83K | 488.78K | 580.98K | 330.94K | -2.38M | 574.74K | -3.15M | 20.33K | -301.27K | -3.06M | -3.54M | -2.66M | -2.52M | -2.05M | -1.48M | -1.34M | -1.30M | -1.47M | -187.38K | -1.95M | -66.36K | -732.64K |
| Operating Income Ratio | 5.28% | 5.42% | -8.88% | 2.19% | -8.34% | -1.32% | 2.81% | 4.40% | 2.67% | -34.97% | 4.37% | -38.36% | 0.15% | -3.11% | -52.66% | -89.39% | -54.01% | -307.35% | -72.03% | -221.11% | -144.91% | -1,837.61% | -232.64% | -5.05% | -939.18% | -6.89% | -108.57% |
| Total Other Income/Expenses | -367.48K | -449.34K | -335.94K | -316.65K | -415.08K | -281.98K | 32.23K | 11.52K | 25.53K | 60.06K | 133.68K | -2.20M | 102.96K | 192.01K | 82.83K | 340.08K | 88.30K | -114.82K | -245.50K | 4.69K | 67.92K | 95.65K | 529.97K | 24.80K | 3.61K | -1.40K | 28.33K |
| Income Before Tax | 999.15K | 693.94K | -1.75M | 18.82K | -2.20M | -559.81K | 521.00K | 592.50K | 356.47K | -2.32M | 708.42K | -3.04M | 123.28K | -109.26K | -2.98M | -3.20M | -2.57M | -2.64M | -2.30M | -1.47M | -1.27M | -1.20M | -938.07K | -162.58K | -1.95M | -67.76K | -704.32K |
| Income Before Tax Ratio | 3.86% | 3.29% | -11.00% | 0.12% | -10.28% | -2.66% | 2.99% | 4.49% | 2.87% | -34.09% | 5.39% | -37.04% | 0.94% | -1.13% | -51.24% | -80.80% | -52.22% | -321.34% | -80.66% | -220.41% | -137.54% | -1,702.41% | -148.66% | -4.38% | -937.44% | -7.03% | -104.37% |
| Income Tax Expense | 16.98K | -26.51K | 88.56K | -204.15K | -303.61K | -108.70K | -98.48K | 199.77K | 97.61K | -163.45K | 74.40K | -192.05K | 38.55K | 2.14K | 85.63K | 446.54K | -200.00K | -195.00K | -78.40K | -51.20K | -91.58K | 586.66K | 140.03K | 41.41K | 241.37K | 32.69K | 147.25K |
| Net Income | 929.50K | 717.96K | -1.92M | 198.13K | -1.90M | -424.29K | 639.00K | 414.88K | 253.85K | -2.15M | 627.00K | -2.83M | 101.43K | -142.58K | -3.07M | -3.21M | -2.37M | -2.44M | -2.22M | -1.42M | -1.18M | -1.79M | -1.08M | -203.99K | -2.19M | -100.45K | -851.57K |
| Net Income Ratio | 3.59% | 3.40% | -12.07% | 1.29% | -8.86% | -2.01% | 3.67% | 3.14% | 2.05% | -31.64% | 4.77% | -34.41% | 0.77% | -1.47% | -52.85% | -80.97% | -48.16% | -297.59% | -77.91% | -212.75% | -127.62% | -2,531.63% | -170.85% | -5.50% | -1,053.58% | -10.42% | -126.19% |
| EPS | 0.01 | 0.00 | -0.01 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | -0.02 | 0.00 | 0.00 | -0.02 | -0.02 | -0.03 | -0.03 | -0.03 | -0.03 | -0.03 | -0.05 | -0.04 | -0.01 | -0.10 | -0.01 | -0.08 |
| EPS Diluted | 0.01 | 0.00 | -0.01 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | -0.02 | 0.00 | 0.00 | -0.02 | -0.02 | -0.03 | -0.03 | -0.03 | -0.03 | -0.03 | -0.05 | -0.04 | -0.01 | -0.10 | -0.01 | -0.08 |
| Weighted Avg Shares Out | 185.90M | 164.23M | 164.02M | 160.96M | 161.32M | 160.61M | 159.09M | 158.47M | 159.01M | 159.95M | 162.32M | 163.09M | 163.09M | 163.13M | 163.13M | 158.94M | 94.67M | 78.44M | 67.42M | 54.83M | 42.68M | 33.33M | 30.47M | 29.65M | 21.64M | 11.42M | 10.64M |
| Weighted Avg Shares Out (Dil) | 171.70M | 166.21M | 164.02M | 165.81M | 161.32M | 160.61M | 165.93M | 165.74M | 159.01M | 159.95M | 162.43M | 163.09M | 163.09M | 163.13M | 163.13M | 158.94M | 94.67M | 81.44M | 67.42M | 54.83M | 42.68M | 33.33M | 30.47M | 29.65M | 21.64M | 11.42M | 10.64M |
Fourth Power Secures $19M for Low-Cost Utility-Scale Thermal Energy Storage to Enable a Fully Renewable Grid
BOSTON--(BUSINESS WIRE)--To meet the growing demand for renewable energy on the grid, Fourth Power has received $19 million in Series A funding to scale its cost-effective groundbreaking thermal battery technology. The investment round was led by the venture capital firm...
Thermal Energy Receives $3.7 Million Heat Recovery Order from One of Europe's Largest Food and Drink Producers
Latest order confirms growing momentum into second half of fiscal 2024 Ottawa, Ontario--(Newsfile Corp. - December 7, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and...
Thermal Energy International Announces Grant of Stock Options
Ottawa, Ontario--(Newsfile Corp. - November 30, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a global provider of energy efficiency and emissions reduction solutions, has announced that it has granted 1,760,000 options to purchase common shares...
Thermal Energy to Relocate UK Operations to Meet Growing Demand for GEM Steam Trap Product
Larger production facility will more than double throughput capacity Ottawa, Ontario--(Newsfile Corp. - November 13, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to...
Thermal Energy International Reports Strong, Profitable Growth in First Quarter
Sharp uptick in order intake subsequent to quarter end Ottawa, Ontario--(Newsfile Corp. - October 25, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and carbon emission reduction...
Thermal Energy Announces $2.6 Million Heat Recovery Order from Multinational Dairy and Nutrition Company
Project expected to deliver $1.2 million in annual fuel savings Ottawa, Ontario--(Newsfile Corp. - October 17, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to...
Thermal Energy International Announces Letter to Shareholders from Chief Executive Officer
Ottawa, Ontario--(Newsfile Corp. - October 3, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has...
Thermal Energy International's Fourth Quarter Revenue Growth of 84% Caps Banner Year
Company's order intake up 130% in fiscal 2023 Ottawa, Ontario--(Newsfile Corp. - September 27, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major...
Thermal Energy International Achieved Record Order Intake in Fiscal Year Ended May 31, 2023
Order intake up 133% year-over-year; project development agreements also on the rise Ottawa, Ontario--(Newsfile Corp. - July 11, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and carbon emission...
Thermal Energy to Present at TSX Clean Technology Investor Day on May 17
Ottawa, Ontario--(Newsfile Corp. - May 8, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy"or the "Company"), an innovative cleantech company and global provider of proprietary energy and carbon emissions reduction solutions to some of the world's...
Source: https://incomestatements.info
Category: Stock Reports