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Thermal Energy International Inc (TMG.VN)

Thermal Energy International Inc (TMG.VN)
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Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.

Fiscal Year End Date: 05/31

(Values in U.S. Thousands) May, 2025 May, 2024 May, 2023 May, 2022 May, 2021
Sales 29,780 25,880 21,092 15,909 15,349
Sales Growth +15.07% +22.70% +32.57% +3.65% -28.33%
Net Income 73 930 718 -1,921 198
Net Income Growth -92.13% +29.46% +137.38% -1,069.49% +110.44%
(Values in U.S. Thousands) May, 2025 May, 2024 May, 2023 May, 2022 May, 2021
Total Assets 11,946 16,791 13,512 9,599 11,547
Total Assets Growth -28.85% +24.27% +40.77% -16.87% +10.56%
Total Liabilities 8,379 13,368 11,589 8,555 8,584
Total Liabilities Growth -37.32% +15.36% +35.46% -0.34% +1.74%
(Values in U.S. Thousands) May, 2025 May, 2024 May, 2023 May, 2022 May, 2021
Operating Cash Flow -1,673 5,398 1,406 -1,640 -1,186
Operating Cash Flow Growth -130.99% +284.02% +185.72% -38.30% -190.54%
Net Cash Flow -4,160 3,965 291 -1,634 -418
Change in Net Cash Flow -204.91% +1,263.66% +117.79% -290.64% -172.38%
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