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Thermal Energy International Inc.

$0.11 +$0.02 (+16.33%)
OTC · 14 Sep 2026 20:00 UTC
Previous Close
$0.12
Day Range
$0.11$0.12
Year Range
$0.08$0.14
Market Cap
19.49M
AVG Volume
21.61K
Trailing/Forward PE
18.39/-
PEG ratio
-0.18
Dividend Yield
-
Next Earnings Date
2026-09-22
Primary Exchange
Other OTCUS
Revenue (CAD)
05M10M15M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Revenue (CAD) by quarter
PeriodRevenue (CAD)
26 Q39.42M
26 Q210.18M
26 Q16.84M
25 Q46.83M
25 Q35.82M
25 Q28.67M
25 Q18.47M
24 Q47.53M
24 Q36.06M
24 Q27.11M
Net Income (CAD)
-500K-250K0250K500K750K24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Net Income (CAD) by quarter
PeriodNet Income (CAD)
26 Q3322.6K
26 Q2577.72K
26 Q1146.65K
25 Q4198.53K
25 Q3-416.63K
25 Q212.98K
25 Q1278.29K
24 Q4278.47K
24 Q329.01K
24 Q2462.78K
Operating Income (CAD)
-500K0500K1M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Operating Income (CAD) by quarter
PeriodOperating Income (CAD)
26 Q3589.88K
26 Q2501.7K
26 Q1130.82K
25 Q4238.69K
25 Q3-325.95K
25 Q2109.75K
25 Q1383.91K
24 Q4240.58K
24 Q3155.78K
24 Q2693.39K
EBITDA (CAD)
-250K0250K500K750K1M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF EBITDA (CAD) by quarter
PeriodEBITDA (CAD)
26 Q3741.22K
26 Q2852.03K
26 Q1386.9K
25 Q4335.67K
25 Q3-129.26K
25 Q2307.95K
25 Q1610.42K
24 Q4406.51K
24 Q3256.27K
24 Q2867.98K
Cash Flows (CAD)
-2M02M4M6M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Cash Flows (CAD) by quarter
PeriodCash Flows (CAD)
26 Q32.14M
26 Q2-1.83M
26 Q11.92M
25 Q4-1.34M
25 Q33.02M
25 Q2-1.91M
25 Q1-1.53M
24 Q4-291.12K
24 Q34.48M
24 Q2-589.73K
EPS (CAD)
-000024 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF EPS (CAD) by quarter
PeriodEPS (CAD)
26 Q30
26 Q20
26 Q10
25 Q40
25 Q3-0
25 Q20
25 Q10
24 Q40
24 Q30
24 Q20
Expenses (CAD)
01M2M3M4MR&DSG&ACapex24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Expenses (CAD) by quarter
PeriodExpenses (CAD)
26 Q33.11M
26 Q23.36M
26 Q12.9M
25 Q43.6M
25 Q32.62M
25 Q22.79M
25 Q12.81M
24 Q42.93M
24 Q32.62M
24 Q22.95M
Cash & Debt (CAD)
02M4M6M8MCashLong Term DebtShort Term Debt24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Cash & Debt (CAD) by quarter
PeriodCash & Debt (CAD)
26 Q33.96M
26 Q22M
26 Q14.29M
25 Q42.8M
25 Q35.14M
25 Q22.82M
25 Q15.05M
24 Q46.97M
24 Q37.54M
24 Q23.42M
Debt ratios
-3-2-10124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Debt ratios by quarter
PeriodDebt ratios
26 Q3-1.26
26 Q20.01
26 Q1-2.32
25 Q4-1.08
25 Q3-1.95
25 Q20.33
25 Q1-0.69
24 Q4-1.57
24 Q3-1.23
24 Q20.31
Margins
0%20%40%60%24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Margins by quarter
PeriodMargins
26 Q335.53%
26 Q237.69%
26 Q144.06%
25 Q453.9%
25 Q338.99%
25 Q233.13%
25 Q141.62%
24 Q441.65%
24 Q347.33%
24 Q249.1%
Return on Capital
-20%-10%0%10%20%24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Return on Capital by quarter
PeriodReturn on Capital
26 Q36.62%
26 Q213.11%
26 Q13.86%
25 Q45.57%
25 Q3-11.85%
25 Q20.33%
25 Q17.19%
24 Q48.14%
24 Q30.96%
24 Q215.67%
Shares Outstanding
0100M200M300M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Shares Outstanding by quarter
PeriodShares Outstanding
26 Q3170.96M
26 Q2170.72M
26 Q1171.4M
25 Q479.45M
25 Q3208.31M
25 Q2172.73M
25 Q1172.73M
24 Q4170.38M
24 Q3172.58M
24 Q2169.06M
Book Value Per Share (CAD)
00.020.040.0624 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Book Value Per Share (CAD) by quarter
PeriodBook Value Per Share (CAD)
26 Q30.03
26 Q20.03
26 Q10.02
25 Q40.04
25 Q30.02
25 Q20.02
25 Q10.02
24 Q40.02
24 Q30.02
24 Q20.02
Total Assets (CAD)
05M10M15M20M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
TMGEF Total Assets (CAD) by quarter
PeriodTotal Assets (CAD)
26 Q313.47M
26 Q214.02M
26 Q113.48M
25 Q411.95M
25 Q314.43M
25 Q213.61M
25 Q115.26M
24 Q416.79M
24 Q317.05M
24 Q214.18M
PE Ratio
0100200300med 38.23Sep 24Jan 25Apr 25Aug 25Nov 25Jun 26Sep 26
TMGEF PE Ratio by quarter
PeriodPE Ratio
Sep 2621.7
Sep 2621.89
Sep 2621.26
Aug 2621.22
Aug 2621.92
Aug 2620.91
Aug 2621.96
Jul 2621.16
Jul 2621.07
Jul 2621.8
Jul 2621.17
Jul 2621.63
Jun 2622.77
Jun 2621.32
Jun 2621.14
Jun 2622.12
May 2620.48
May 2653.06
May 2655.62
May 2655.75
May 2652.32
Apr 2655.21
Apr 2651.95
Apr 2649.6
Apr 2649.75
Mar 2647.88
Mar 2648.66
Mar 2651.26
Mar 2653.95
Nov 25130.76
Nov 25134.23
Nov 25142.63
Nov 25143.35
Oct 25143.15
Oct 25151.94
Oct 25146.27
Oct 25148.63
Oct 25148.32
Sep 25145.29
Sep 25158.21
Sep 25168.96
Sep 25163.76
Aug 25159.31
Aug 25196.3
Aug 25206.74
Aug 25210.33
Aug 25201.77
Jul 25214.31
Jul 25232.55
Jul 25225.47
Jul 25225.58
Jun 25184.74
Jun 25177.49
Jun 25173.46
Jun 25184.46
May 25155.66
May 2533.11
May 2529.85
May 2529.78
May 2530.04
Apr 2533.48
Apr 2531.92
Apr 2533.19
Apr 2533.57
Mar 2533.65
Mar 2536.88
Mar 2537.31
Mar 2538.53
Feb 2543.92
Feb 2525.44
Feb 2525.78
Feb 2524.32
Jan 2525.43
Jan 2537.16
Jan 2537.52
Jan 2535.62
Jan 2534.02
Dec 2431.83
Dec 2431.64
Dec 2432.04
Dec 2431.12
Nov 2431.82
Nov 2436.54
Nov 2438.32
Nov 2442.81
Nov 2436.14
Oct 2439.46
Oct 2438.11
Oct 2438.33
Oct 2439.83
Sep 2445.52
Sep 2438.13
Sep 2444.32
Sep 2444.4
Aug 2442.02
Aug 2423.21
Aug 2422.45
Aug 2423.01
Aug 2423.81
Jul 2425.1
Free Cash Flow Yield
-20%-10%0%10%20%med 3.75%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TMGEF Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 263.32%
Sep 263.29%
Sep 263.39%
Aug 263.39%
Aug 263.28%
Aug 263.44%
Aug 263.28%
Jul 263.4%
Jul 263.42%
Jul 263.3%
Jul 263.4%
Jul 263.33%
Jun 263.16%
Jun 263.38%
Jun 263.41%
Jun 263.26%
May 263.52%
May 266.61%
May 266.3%
May 266.29%
May 266.7%
Apr 266.35%
Apr 266.75%
Apr 267.07%
Apr 267.05%
Mar 267.32%
Mar 267.21%
Mar 266.84%
Mar 266.5%
Feb 265.86%
Feb 265.71%
Feb 265.2%
Feb 265.57%
Jan 265.45%
Jan 266.8%
Jan 267.02%
Jan 266.79%
Jan 267.34%
Dec 257.59%
Dec 257.76%
Dec 259.19%
Dec 258.3%
Nov 25-18.3%
Nov 25-17.83%
Nov 25-16.78%
Nov 25-16.69%
Oct 25-16.72%
Oct 25-15.75%
Oct 25-16.36%
Oct 25-16.1%
Oct 25-16.13%
Sep 25-16.47%
Sep 25-15.13%
Sep 25-14.16%
Sep 25-14.61%
Aug 25-15.02%
Aug 25-2.34%
Aug 25-2.23%
Aug 25-2.19%
Aug 25-2.28%
Jul 25-2.15%
Jul 25-1.98%
Jul 25-2.04%
Jul 25-2.04%
Jun 25-2.49%
Jun 25-2.59%
Jun 25-2.65%
Jun 25-2.49%
May 25-2.96%
May 253.8%
May 254.22%
May 254.23%
May 254.19%
Apr 253.76%
Apr 253.94%
Apr 253.79%
Apr 253.75%
Mar 253.74%
Mar 253.41%
Mar 253.37%
Mar 253.27%
Feb 252.87%
Feb 257.77%
Feb 257.67%
Feb 258.13%
Jan 257.77%
Jan 255.32%
Jan 255.27%
Jan 255.55%
Jan 255.81%
Dec 246.21%
Dec 246.25%
Dec 246.17%
Dec 246.35%
Nov 246.21%
Nov 2414.78%
Nov 2414.1%
Nov 2412.62%
Nov 2414.95%
Oct 2413.69%
Price to Sales
00.511.52med 0.84Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TMGEF Price to Sales by quarter
PeriodPrice to Sales
Sep 260.81
Sep 260.82
Sep 260.8
Aug 260.79
Aug 260.82
Aug 260.78
Aug 260.82
Jul 260.79
Jul 260.79
Jul 260.82
Jul 260.79
Jul 260.81
Jun 260.85
Jun 260.8
Jun 260.79
Jun 260.83
May 260.77
May 260.91
May 260.95
May 260.95
May 260.89
Apr 260.94
Apr 260.89
Apr 260.85
Apr 260.85
Mar 260.82
Mar 260.83
Mar 260.87
Mar 260.92
Feb 261.03
Feb 261.05
Feb 261.15
Feb 261.08
Jan 261.1
Jan 260.88
Jan 260.86
Jan 260.89
Jan 260.82
Dec 250.79
Dec 250.77
Dec 250.65
Dec 250.72
Nov 250.32
Nov 250.33
Nov 250.35
Nov 250.35
Oct 250.35
Oct 250.37
Oct 250.36
Oct 250.37
Oct 250.36
Sep 250.36
Sep 250.39
Sep 250.42
Sep 250.4
Aug 250.39
Aug 250.99
Aug 251.04
Aug 251.06
Aug 251.01
Jul 251.08
Jul 251.17
Jul 251.13
Jul 251.13
Jun 250.93
Jun 250.89
Jun 250.87
Jun 250.93
May 250.78
May 250.65
May 250.58
May 250.58
May 250.59
Apr 250.65
Apr 250.62
Apr 250.65
Apr 250.65
Mar 250.66
Mar 250.72
Mar 250.73
Mar 250.75
Feb 250.86
Feb 250.91
Feb 250.93
Feb 250.87
Jan 250.91
Jan 251.34
Jan 251.35
Jan 251.28
Jan 251.22
Dec 241.14
Dec 241.14
Dec 241.15
Dec 241.12
Nov 241.14
Nov 241.31
Nov 241.38
Nov 241.54
Nov 241.3
Oct 241.42
EV/EBITDA
010203040med 14.91Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TMGEF EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 2610.42
Sep 2610.52
Sep 2610.18
Aug 2610.16
Aug 2610.54
Aug 269.99
Aug 2610.56
Jul 2610.12
Jul 2610.08
Jul 2610.47
Jul 2610.13
Jul 2610.38
Jun 2610.99
Jun 2610.21
Jun 2610.11
Jun 2610.64
May 269.76
May 2618.6
May 2619.49
May 2619.54
May 2618.34
Apr 2619.35
Apr 2618.21
Apr 2617.39
Apr 2617.44
Mar 2616.78
Mar 2617.06
Mar 2617.97
Mar 2618.91
Feb 2629.71
Feb 2630.55
Feb 2633.74
Feb 2631.39
Jan 2632.11
Jan 2625.29
Jan 2624.4
Jan 2625.33
Jan 2623.26
Dec 2522.41
Dec 2521.86
Dec 2518.1
Dec 2520.3
Nov 257.43
Nov 257.66
Nov 258.2
Nov 258.25
Oct 258.24
Oct 258.81
Oct 258.44
Oct 258.59
Oct 258.57
Sep 258.37
Sep 259.22
Sep 259.91
Sep 259.58
Aug 259.29
Aug 2523.19
Aug 2524.52
Aug 2524.98
Aug 2523.89
Jul 2525.49
Jul 2527.83
Jul 2526.92
Jul 2526.94
Jun 2521.71
Jun 2520.78
Jun 2520.26
Jun 2521.67
May 2517.98
May 2512.87
May 2511.63
May 2511.61
May 2511.71
Apr 2513.01
Apr 2512.42
Apr 2512.9
Apr 2513.04
Mar 2513.07
Mar 2514.3
Mar 2514.46
Mar 2514.92
Feb 2516.96
Feb 2511.77
Feb 2511.93
Feb 2511.22
Jan 2511.77
Jan 2517.51
Jan 2517.68
Jan 2516.76
Jan 2515.97
Dec 2414.9
Dec 2414.81
Dec 2415
Dec 2414.55
Nov 2414.9
Nov 2415.81
Nov 2416.66
Nov 2418.79
Nov 2415.62
Oct 2417.2
Price/Operating Cashflow
010203040med 14.4Jun 24Oct 24Jan 25May 25Feb 26Jun 26Sep 26
TMGEF Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 2620.94
Sep 2621.12
Sep 2620.52
Aug 2620.47
Aug 2621.15
Aug 2620.18
Aug 2621.19
Jul 2620.41
Jul 2620.33
Jul 2621.04
Jul 2620.43
Jul 2620.87
Jun 2621.97
Jun 2620.57
Jun 2620.4
Jun 2621.34
May 2619.76
May 2614.5
May 2615.2
May 2615.24
May 2614.3
Apr 2615.09
Apr 2614.2
Apr 2613.56
Apr 2613.6
Mar 2613.09
Mar 2613.3
Mar 2614.01
Mar 2614.75
Feb 2616.4
Feb 2616.83
Feb 2618.47
Feb 2617.26
Jan 2617.63
Jan 2614.14
Jan 2613.68
Jan 2614.16
Jan 2613.1
Dec 2512.67
Dec 2512.38
Dec 2510.46
Dec 2511.58
May 2522.85
May 2520.6
May 2520.55
May 2520.74
Apr 2523.11
Apr 2522.03
Apr 2522.91
Apr 2523.17
Mar 2523.22
Mar 2525.45
Mar 2525.75
Mar 2526.59
Feb 2530.31
Feb 2510.99
Feb 2511.14
Feb 2510.51
Jan 2510.99
Jan 2516.06
Jan 2516.21
Jan 2515.39
Jan 2514.7
Dec 2413.75
Dec 2413.67
Dec 2413.84
Dec 2413.45
Nov 2413.75
Nov 246.29
Nov 246.6
Nov 247.37
Nov 246.22
Oct 246.79
Oct 246.56
Oct 246.6
Oct 246.86
Sep 247.84
Sep 246.57
Sep 247.63
Sep 247.64
Aug 247.23
Aug 247.97
Aug 247.71
Aug 247.9
Aug 248.18
Jul 248.62
Jul 248.26
Jul 249.2
Jul 248.2
Jun 248.17
Jun 248.24
Jun 248.63
Jun 248.43
May 249.25
May 2422.9
May 2422.19
May 2422.12
May 2421.9
Apr 2424.42
Apr 2426.85
Price to Book
2.557.51012.5med 5.88Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TMGEF Price to Book by quarter
PeriodPrice to Book
Sep 265.55
Sep 265.59
Sep 265.43
Aug 265.42
Aug 265.6
Aug 265.34
Aug 265.61
Jul 265.41
Jul 265.38
Jul 265.57
Jul 265.41
Jul 265.53
Jun 265.82
Jun 265.45
Jun 265.4
Jun 265.65
May 265.23
May 266.09
May 266.39
May 266.4
May 266.01
Apr 266.34
Apr 265.97
Apr 265.7
Apr 265.71
Mar 265.5
Mar 265.59
Mar 265.89
Mar 266.2
Feb 267.6
Feb 267.8
Feb 268.56
Feb 268
Jan 268.17
Jan 266.55
Jan 266.34
Jan 266.56
Jan 266.07
Dec 255.87
Dec 255.74
Dec 254.85
Dec 255.37
Nov 252.68
Nov 252.75
Nov 252.93
Nov 252.94
Oct 252.94
Oct 253.12
Oct 253
Oct 253.05
Oct 253.04
Sep 252.98
Sep 253.25
Sep 253.47
Sep 253.36
Aug 253.27
Aug 258.55
Aug 259
Aug 259.16
Aug 258.79
Jul 259.33
Jul 2510.13
Jul 259.82
Jul 259.82
Jun 258.04
Jun 257.73
Jun 257.55
Jun 258.03
May 256.78
May 255.1
May 254.6
May 254.59
May 254.63
Apr 255.16
Apr 254.92
Apr 255.11
Apr 255.17
Mar 255.18
Mar 255.68
Mar 255.75
Mar 255.94
Feb 256.77
Feb 256.9
Feb 256.99
Feb 256.59
Jan 256.89
Jan 2510.07
Jan 2510.17
Jan 259.66
Jan 259.22
Dec 248.63
Dec 248.58
Dec 248.68
Dec 248.44
Nov 248.63
Nov 249.93
Nov 2410.41
Nov 2411.63
Nov 249.82
Oct 2410.72
Thermal Energy International Inc.
TMGEF
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News: TMGEF

Thermal Energy International to Present at Smallcap Discoveries in Vancouver on Tuesday, September 29, 2026

feeds.newsfilecorp.com · 14 Sep 2026

Thermal Energy International to Present at Smallcap Discoveries in Vancouver on Tuesday, September 29, 2026

Ottawa, Ontario--(Newsfile Corp. - September 14, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) (FSE: EUW) ("Thermal Energy" or

Thermal Energy Wins Three Heat Recovery Orders Totalling $2.1 Million with Global Nutrition Company

newsfilecorp.com · 24 Aug 2026

Thermal Energy Wins Three Heat Recovery Orders Totalling $2.1 Million with Global Nutrition Company

Recovered waste heat expected to provide customer with an additional $410-472 thousand in annual natural gas savings Ottawa, Ontario--(Newsfile Corp. - August 24, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) (FSE: EUW) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has received repeat business in the form of three orders worth approximately $2.1 million from a global nutrition company. The orders include two turnkey projects in the United States and a Major Equipment Package ("MEP") for a site in Indonesia, representing the Company's first heat recovery order in that country.

Thermal Energy International CEO Provides Letter to Shareholders

newsfilecorp.com · 23 Jul 2026

Thermal Energy International CEO Provides Letter to Shareholders

Ottawa, Ontario--(Newsfile Corp. - July 23, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) (FSE: EUW) ("Thermal Energy " or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today provided the following letter to shareholders from its CEO, William Crossland. All figures are shown in CAD unless indicated otherwise.

Thermal Energy Announces $1.8 Million Heat Recovery Order from International Premium Beer and Beverage Company

newsfilecorp.com · 14 Jul 2026

Thermal Energy Announces $1.8 Million Heat Recovery Order from International Premium Beer and Beverage Company

Turnkey project to yield approximately $406 thousand in fuel savings while reducing site-wide CO2 emissions by 975 tonnes Ottawa, Ontario--(Newsfile Corp. - July 14, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, received an order for a turnkey heat recovery project worth approximately $1.8 million from an international premium beer and beverage company. The FLU-ACE system to be installed will recover waste heat from the exhausts of two boilers at one of the customer's breweries and is expected to provide the brewery annual fuel savings of approximately $406 thousand, while reducing its CO2 emissions by approximately 975 tonnes.

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