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Thermal Energy International Inc (TSE:TMG)
:TMG
RESEARCH TOOLSreports
Earnings Data
Report Date
Sep 24, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: -16.67%
|Next Earnings Date:Sep 24, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted a record year-to-date revenue and strong financial positioning with significant debt reduction and a robust business development pipeline. However, the quarter faced challenges with a decline in quarterly revenue, negative EBITDA, and a net income loss. Despite these challenges, future investments and strong pipeline indicate potential growth.Company Guidance
In the earnings call for the third quarter of fiscal year 2025, Thermal Energy International reported a decrease in quarterly revenue to $5.8 million, down 4.1% from the previous year, primarily due to lower contributions from heat recovery projects. However, year-to-date revenue was at an all-time high, 25% ahead of the previous year, with trailing 12-month revenue reaching $30.5 million—up 76% over the past two years. The company's EBITDA for the quarter was negative $130,000, but they remained EBITDA positive on a trailing 12-month basis at approximately $1.1 million. Net income for the quarter was a loss of $400,000, yet they remained profitable on a trailing 12-month basis with a net income of $230,000. The balance sheet showed cash and cash equivalents of $5.1 million and working capital of $2.4 million, alongside a reduced long-term debt of $1.4 million. Order intake for the year-to-date was $17 million, with a backlog standing at $17.1 million. Despite a temporary lull, the company's business development pipeline remains strong, and significant investments made in the past two years are expected to drive profitable growth in fiscal 2026.Record Year-to-Date Revenue
Revenue for the year-to-date period was at an all-time high, 25% ahead of last year.
Trailing 12-Month Revenue Growth
Trailing 12-month revenue was $30.5 million, up 76% over the past two years.
Strong Balance Sheet
At the end of February, cash and cash equivalents were $5.1 million, with working capital at $2.4 million.
Debt Reduction
Long-term debt reduced to $1.4 million, down by approximately $2.1 million over the last two years through internally generated cash flow.
Strong Business Development Pipeline
The business development pipeline remains strong with many repeat and new opportunities.
Largest Engineering Contract Signed
A $500,000 engineering contract was signed with a leading multinational pharmaceutical company, marking the largest engineering contract ever.
Successful Repeat Business
A $1 million heat recovery expansion project was announced, continuing a successful partnership with a leading food and beverage company.
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TSE:TMG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:TMG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 29, 2025 | C$0.12 | C$0.11 | -8.33% |
| Jan 28, 2025 | C$0.24 | C$0.16 | -33.33% |
| Oct 30, 2024 | C$0.22 | C$0.21 | -4.55% |
| Sep 19, 2024 | C$0.26 | C$0.22 | -15.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Thermal Energy International Inc (TSE:TMG) report earnings?
Thermal Energy International Inc (TSE:TMG) is schdueled to report earning on Sep 24, 2025, TBA Not Confirmed.
What is Thermal Energy International Inc (TSE:TMG) earnings time?
Thermal Energy International Inc (TSE:TMG) earnings time is at Sep 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TMG EPS forecast?
Currently, no data Available
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