Thermal Energy International (TMG) AI Stock Analysis

• Market Cap: C$19.91M
• Dividend Yield: N/A
• Average Volume (3M): 111.36K
• Price to Earnings (P/E): 127.8
• Beta (1Y): -0.10
• Revenue Growth: 14.78%
• EPS Growth: -90.82%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 53
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): 0.00
• Shares Outstanding: 173,114,300
• 10 Day Avg. Volume: 124,599
• 30 Day Avg. Volume: 111,358
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Thermal Energy International's overall stock score reflects strong revenue growth and improving profitability metrics, supported by strategic expansions and significant contracts. However, the bearish technical indicators and overvaluation concerns temper the outlook. Effective management of debt and cash flow will be crucial for sustaining growth.

Thermal Energy International Business Overview & Revenue Model

Company Description

Thermal Energy International (TMG) is a Canadian clean technology company specializing in energy efficiency and emissions reduction solutions. Primarily serving industrial, commercial, and institutional sectors, the company offers a range of proprietary products and services designed to optimize energy use, reduce carbon emissions, and save costs. Core offerings include heat recovery systems, steam traps, and condensate return systems.

How the Company Makes Money

Thermal Energy International generates revenue through the sale and implementation of its energy efficiency and emissions reduction products and services. Key revenue streams include equipment sales, engineering services, and long-term maintenance contracts. The company also engages in partnerships with industrial and commercial entities, which help drive sales and expand market reach. Additionally, TMG may benefit from government incentives and programs aimed at promoting energy efficiency and reducing carbon footprints.

Thermal Energy International Financial Statement Overview

Summary

Thermal Energy International demonstrates robust revenue growth and improving profitability metrics, underscoring effective operational strategies in the industrial goods sector. While the balance sheet is relatively stable, attention to debt levels and cash flow management is essential to sustain long-term growth and mitigate financial risks.

Income Statement

The company shows a strong revenue growth trajectory with a substantial increase in total revenue from previous years. Gross profit margin is healthy at about 40%, and net profit margin is improving, reflecting better operational efficiency. EBIT and EBITDA margins indicate positive earnings performance. However, the company experienced a dip in EBIT margin in the TTM period, suggesting some operational challenges.

Balance Sheet

The balance sheet displays moderate leverage with a debt-to-equity ratio of approximately 0.85 in the TTM period, which is manageable but worth monitoring. Return on equity has improved significantly due to rising net income, indicating efficient use of equity capital. The equity ratio is also healthy, providing a solid foundation for further growth. However, total debt levels require careful management to avoid financial strain.

Cash Flow

The company exhibits strong free cash flow generation, with a positive growth rate in recent periods, supporting liquidity and investment capacity. The operating cash flow to net income ratio above 1 indicates strong cash generation relative to net income. Yet, the free cash flow to net income ratio suggests potential fluctuations in cash availability, highlighting the need for prudent cash management.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
25.88M	21.09M	15.91M	15.35M	21.42M
	Gross Profit
12.45M	9.57M	6.73M	6.75M	8.95M
	EBIT
1.37M	1.14M	-1.41M	335.47K	-1.79M
	EBITDA
2.14M	1.76M	-772.74K	894.88K	-1.44M
	Net Income Common Stockholders
929.50K	717.96K	-1.92M	198.13K	-1.90M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.97M	2.81M	2.46M	4.24M	4.77M
	Total Assets
16.79M	13.51M	9.60M	11.55M	10.44M
	Total Debt
3.89M	4.73M	5.31M	4.81M	3.30M
	Net Debt
-3.07M	1.92M	2.84M	572.63K	-1.48M
	Total Liabilities
13.37M	11.59M	8.55M	8.58M	8.44M
	Stockholders Equity
3.46M	1.97M	1.08M	3.04M	2.10M
Cash Flow		Free Cash Flow
5.02M	1.33M	-1.99M	-1.31M	1.03M
	Operating Cash Flow
5.40M	1.41M	-1.64M	-1.19M	1.31M
	Investing Cash Flow
-376.89K	-77.70K	-351.93K	-125.39K	-280.55K
	Financing Cash Flow
-1.06M	-1.04M	357.56K	892.79K	-451.09K

Thermal Energy International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TMG, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.13, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.14 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TMG.

Thermal Energy International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NPI	73 Outperform	$4.89B	18.14	6.48%	6.30%	5.08%	―
TMG	66 Neutral	C$19.91M	127.78	17.34%	―	14.78%	-90.82%
BLN	60 Neutral	C$544.32M	―	-14.10%	―	31.68%	67.90%
GRN	58 Neutral	C$14.12M	―	-5.60%	―	-10.37%	95.22%
Sector *	56 Neutral	$6.93B	3.27	-3.99%	5.91%	-0.52%	-47.74%

Thermal Energy International Corporate Events

Thermal Energy International Reports Record Year-to-Date Revenue Despite Q3 Challenges

Thermal Energy International reported a record revenue of $23 million for the fiscal year-to-date period, despite a 4.1% decrease in third-quarter revenue to $5.8 million compared to the previous year. The company experienced a net loss of $403 thousand and negative EBITDA of $167 thousand for the quarter, but remains optimistic about future profitability due to recent investments in engineering and sales teams. The company aims to capitalize on its strong business development pipeline and expects higher revenues to contribute more significantly to profitability in fiscal 2026.

Spark’s Take on TSE:TMG Stock

According to Spark, TipRanks’ AI Analyst, TSE:TMG is a Neutral.

Thermal Energy International’s strengths lie in robust revenue growth and strategic investments for future expansion. However, challenges such as declining profitability metrics and bearish technical indicators weigh on the stock. The current valuation appears high given the recent earnings performance, suggesting caution. Notable corporate events provide a positive outlook, but careful management is needed to ensure sustained profitability.

To see Spark’s full report on TSE:TMG stock, click here.

Thermal Energy International to Announce Q3 2025 Financial Results

Thermal Energy International Inc. announced it will release its fiscal 2025 third quarter financial results on April 29, 2025. The company will host an earnings conference call and webcast to discuss the results, providing an opportunity for equity analysts to engage with management. This announcement is part of Thermal Energy’s ongoing efforts to maintain transparency with stakeholders and could impact the company’s market positioning by showcasing its financial health and operational progress.

Spark’s Take on TSE:TMG Stock

According to Spark, TipRanks’ AI Analyst, TSE:TMG is a Neutral.

Thermal Energy International’s strengths lie in its robust revenue growth and strong cash flow, supported by strategic investments. However, challenges such as declining profitability metrics, bearish technical indicators, and a potentially overvalued stock price weigh on the overall score. The company’s recent strategic expansions and new contracts offer future growth potential, but current financial metrics reflect the need for careful management to ensure sustained profitability.

To see Spark’s full report on TSE:TMG stock, click here.

Thermal Energy Expands Heat Recovery Project for Major Client

Thermal Energy International Inc. has announced a $1 million expansion project to enhance the existing heat recovery system at a major multinational food and beverage company’s American site. This project is expected to significantly reduce natural gas consumption and CO2 emissions, further solidifying Thermal Energy’s role in providing energy efficiency solutions. The expansion is set to be completed within 9 to 12 months and is anticipated to strengthen the company’s relationship with the client, opening up additional opportunities at other sites.

Spark’s Take on TSE:TMG Stock

According to Spark, TipRanks’ AI Analyst, TSE:TMG is a Neutral.

Thermal Energy International’s strengths lie in its robust revenue growth and strong cash flow, supported by strategic investments. However, challenges such as declining profitability metrics, bearish technical indicators, and a potentially overvalued stock price weigh on the overall score. The company’s recent strategic expansions and new contracts offer future growth potential, but current financial metrics reflect the need for careful management to ensure sustained profitability.

To see Spark’s full report on TSE:TMG stock, click here.

Thermal Energy Secures Landmark Engineering Contract with Major Pharmaceutical Firm

Thermal Energy International has secured its largest engineering contract to date, valued at $500,000, with a major multinational pharmaceutical company for a potential heat recovery project. This deal marks the second significant engagement with a leading pharmaceutical company and reflects the firm’s strategic positioning in the industry. The project aligns with the pharmaceutical sector’s commitment to reducing carbon emissions, contributing to the United Nation’s Race to Zero campaign. This contract showcases Thermal Energy’s capacity to deliver extensive engineering solutions and highlights the untapped potential for large-scale heat recovery projects within the pharmaceutical industry.