TI

Thermal Energy International Inc

TMG.V
TSXVIndustrials
$0.16
USD
-0.01(-6.06%)
At close: Apr 29, 00:00 UTC
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Market Snapshot

Market Cap

$20.77M

P/E Ratio

55.6

EPS

0.00

Revenue

$29.68M

Employees

23

Why TMG.V moved

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About

Thermal Energy International, Inc. is a cleantech company that delivers innovative and proprietary energy efficiency and carbon emission reduction solutions to major corporations around the world. The company is headquartered in Ottawa, Ontario. The company went IPO on 2001-08-20. The company operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. The company markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). The company is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. The company has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.

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