Thermal Energy International Inc.
Symbol:
TSXV: TMG
OTCQB: TMGEF
Market Cap:
19M
Purpose
Raise Awareness, Open Market Buying
Sector:
Technology
Summary:
Enormous, fast growing global market with very strong, fundamentals. Business case for energy & carbon emissions reduction solutions has never been better
- Dramatically increased costs of energy and carbon
- New aggressive carbon emission reduction targets
Strong track record of growth and profitability.Pre-COVID LTM results: +30% 5-year revenue CAGR
- Rev $25 million, EBITDA $3 million, Net income $2 million
- Unique investment opportunity with compelling valuation
After three years of COVID our customers are now very focused on reducing carbon emissions. YTD Order Intake is > 2X pre-pandemic highs
- Projects in paid development with customers is > 3X pre-pandemic highs
- Poised to continue our strong track record of growth and profitability
- But still a compelling valuation: 0.9x EV/ Pre-Covid Revenues (1.4X LTM)