Added to YB: 2024-09-20
Pitch date: 2024-09-19
TMG.V [neutral]
Thermal Energy International Inc.
-44.19%
current return
Author Info
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Company Info
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally.
Market Cap
CAD 21.3M
Pitch Price
CAD 0.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.99
P/E
-375.38
EV/Sales
0.65
Sector
Machinery
Category
N/A
Thermal Energy International $TMG.V FINS Review
TMG.V (watchlist): Revenue +22.7% to $25.9M, margins +270bps, but Q4 weak (-8% rev, -530bps margin). Backlog down from Jan. EV/EBITDA 18x, P/E 30x. Strong balance sheet (2.3x current ratio, $7M cash). Long-term potential, but near-term headwinds. Q1 crucial. Support at $0.22, next at $0.18.
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