Added to YB: 2026-01-30
Pitch date: 2026-01-29
TMG.V [neutral]
Thermal Energy International Inc.
-7.89%
current return
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
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 24.8M
Pitch Price
CAD 0.19
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.75
P/E
55.47
EV/Sales
0.81
Sector
Machinery
Category
growth
Thermal Energy International ($TMG.V) FINS Review
TMG.V (upgrade): Q2 revenue hit record $10.2M (+17.5% YoY) w/ gross margins expanding 600bps to 39.3%. Net income 22x higher at $618k. YTD revenue flat but margins up 500bps, net income +133%. Stock up 90% from May lows. Trades 18x P/E on recent 6mo results vs 48x TTM. Analyst sees upside but author missed reentry at 12.5¢, upgraded to 3 stars.
Read full article (4 min)