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Last C$0.04 CAD
Change Today 0.00 / 0.00%
Volume 25.0K
As of 11:17 AM 10/7/15 All times are local (Market data is delayed by at least 15 minutes).

thermal energy intl inc (TMG) Snapshot

Previous Close
Day High
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52 Week High
10/8/14 - C$0.11
52 Week Low
10/2/15 - C$0.04
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Current Stock Chart for THERMAL ENERGY INTL INC (TMG)

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thermal energy intl inc (TMG) Details

Thermal Energy International Inc. provides proprietary and proven energy efficiency solutions to the industrial and institutional sectors worldwide. It also operates as a professional engineering firm that offers process and applications engineering services. The company develops, engineers, and supplies pollution control, heat recovery systems, and condensate return solutions for industrial, commercial, and institutional markets. It 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; and Dry Rex, a low temperature biomass drying system. The company also provides turn-key thermal energy solutions, as well as sells water treatment products and services. It serves Fortune 500 and other multinational companies across a range of industry sectors. The company was founded in 1991 and is headquartered in Ottawa, Canada.

Founded in 1991

thermal energy intl inc (TMG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$240.0K
Chief Financial Officer
Total Annual Compensation: C$142.7K
Chief Operating Officer of The Americas & Asi...
Total Annual Compensation: C$149.2K
Technical Director and Director of Gem Techno...
Total Annual Compensation: C$140.1K
Director of Heat Recovery Projects - Americas
Total Annual Compensation: C$111.4K
Compensation as of Fiscal Year 2014.

thermal energy intl inc (TMG) Key Developments

Thermal Energy International Inc. Reports Earnings Results for the Fourth Quarter and Year Ended May 31, 2015

Thermal Energy International Inc. reported earnings results for the fourth quarter and year ended May 31, 2015. For the quarter, revenue was CAD 2,525,000 against CAD 4,717,000 last year. LBITDAS was CAD 257,000 against EBITDAS of CAD 710,000 last year. Net loss was CAD 338,000 against net income of CAD 697,000 last year. Adjusted cash flow was negative at CAD 126,000 against positive adjusted cash flow of CAD 1,008,000 last year. For the year, revenue was CAD 6,800,000 against CAD 13,151,000 last year. LBITDAS was CAD 2,049,000 against EBITDAS of CAD 879,000 last year. Net loss was CAD 2,155,000 against net income of CAD 634,000 last year. Adjusted cash flow was negative at CAD 1,404,000 against positive adjusted cash flow of CAD 1,349,000 last year. Revenue decreased 48.3% on lower heat recovery systems and GEMTM Condensate return systems sales.

Thermal Energy International Inc. Auditor Raises 'Going Concern' Doubt

Thermal Energy International Inc. filed its Annual on Sep 25, 2015 for the period ending May 31, 2015. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Thermal Energy International Inc. to Report Q1, 2016 Results on Sep 28, 2015

Thermal Energy International Inc. announced that they will report Q1, 2016 results on Sep 28, 2015


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