The company will be available for 1-on-1 meetings throughout the day in addition to their presentation.
Latest orders include Boilerroom Equipment, Inc.’s second largest purchase order and largest two-stage economizer order to date
First quarter FY2025 financial results
Turn-key project well-aligned with customer’s aggressive 2030 carbon emissions reduction targets
Management will host an earnings conference call and webcast to review the financial results at 8:30 a.m. ET the same morning.
Project includes both Flu-Ace and HeatSponge heat recovery systems and two heat pumps.
Fiscal 2024 was a record year for revenue, order intake, and EBITDA
Our recent summer round up email newsletter has just been circulated and it’s a great snapshot of what we have been up to at Thermal Energy recently.
Management will host an earnings conference call and webcast to review the financial results at 8:30 a.m. ET the same morning.
William Crossland will present the Company’s investment highlights and participate in 1x1 meetings
CEO issues letter to shareholders highlighting the Company’s progress and investments in future growth
CEO William Crossland shares his perspective on the past fiscal year
These achievements underscore the strong demand for our energy efficiency and carbon emission reduction solutions.
Project designed to help customer achieve ambitious carbon emission reduction targets with a compelling payback of under two years
Profitable cleantech company’s year-to-date results remain well ahead of a year ago
Management will host an earnings conference call and webcast to review the financial results at 8:30 a.m. ET
Our recent Spring round up email newsletter has just been circulated and it’s a great snapshot of what we have been up to at Thermal Energy recently.
Company invites individual and institutional investors, as well as advisors and analysts, to attend its presentation at VirtualInvestorConferences.com
Company invites individual and institutional investors, as well as advisors and analysts, to attend Virtual Investor Conference at...
Turn-Key Projects and Custom Equipment businesses up significantly year-over-year
The combined Flu-Ace heat recovery unit and Perco-Ace direct fired water heater is expected to reduce the customer’s fuel use for hot water by 80%
Multinational food processing company turns to Boilerroom Equipment, Inc.’s HeatSponge to replace failing economizers
CEO discusses the company's recent resurgence and future growth
Latest order confirms growing momentum into second half of fiscal 2024.
Granted 1,760,000 options to purchase common shares to officers and directors of the Company as part of an overall remuneration and incentive program.
Larger production facility will more than double throughput capacity.
Sharp uptick in order intake subsequent to quarter end.
The project is expected to deliver $1.2 million in annual fuel savings.
This latest heat recovery order will be the sixth turn-key project with this customer since 2019.
CEO William Crossland shares his perspective on the past fiscal year, following the Q4 and year-end results.
William Crossland provides his commentary on Thermal Energy’s fiscal 2023 fourth quarter and year end results and the Company’s outlook for fiscal...
Company’s order intake up 130% in fiscal 2023.
Two additional project development agreements underway with a global master services agreement.
The Company received orders totalling $27.3 million during the twelve-month period, which was up 133% year-over-year for its fiscal year ended May...
This order covers a combination of partial and full site GEM conversions for five of its sites across Europe, North America, and South America.
Expected 17% reduction in greenhouse gas emissions equates to $490,000 in annual savings.
The event is open to members of the professional investment community, taking place May 17.
Financial results for the quarter ended February 28, 2023. Third quarter highlighted by profitable growth across all product categories.
Thermal Energy has retained MBC Capital Markets Advisors (“MBC”) to provide strategic investor relations services.
CEO William Crossland will present from 12:35 pm to 1:05 pm Eastern time on March 22, 2023.
CEO William Crossland reflects on the latest business activity and record order intake figures. All figures are in Canadian dollars.
Financial results for the quarter ended November 30, 2022
The Company uses the term ‘order intake’ to refer to the total value of purchase orders received by the Company in a given period.
Ken Harden has been appointed Vice President of Sales for North America, effective January 2, 2023.
Thermal Energy has received a $500,000 multisite GEMTM project from a global brewer.
Second RBT® Wastewater Heat Recovery System for a Leading Textile Manufacturer.
Granted 1,875,000 options to purchase common shares of the Company to officers of the Company as part of an overall remuneration and incentive...
With the $2.5 million announced last week the combined project is now valued at $4 million.
Thermal Energy receives approx $2.5 million order for multi-site carbon reduction and energy efficiency solution.
Recognising Thermal Energy’s expertise in heat pump technology, COO Robert Triebe was invited to collaborate on a training webcast.
TEI has been commissioned by a leading cereal manufacturer to implement a $1.4 million Turn-key heat recovery and carbon emission reduction project.
Financial results for the quarter ended August 31, 2022.
Thermal Energy delivers a $2.8 million Turn-key Flu-Ace Heat Recovery and GEM Steam Trap project for a Premium Beer Producer.
In total Thermal Energy has delivered over $5.1M in energy efficiency and carbon emission reduction solutions for this customer.
Financial results for the year ended May 31, 2022.
Thermal Energy has received over $1.5 million GEM stream trap orders in the last few weeks.
Major equipment order from a Leading Textile Manufacturer marking a milestone in acquisition integration strategy.
Thermal Energy Commissioned to Deliver Innovative Energy and Carbon Emission Reduction Solution to Leading European Meat Producer.
Large food and beverage manufacturers continue to shape their businesses around energy and carbon reduction targets.
The U.S. Senate has approved a $700bn economic package that includes major legislation on climate action.
TECC facilitates knowledge sharing between non-competing industrial giants to help accelerate the adoption of carbon reduction approaches and...
John was a member of the Board of Directors for 17 years and Chairman for 12 years, stepping down as the Chairman just this past December.
Curtiss-Wright Signs Exclusive Agreement With TEI To Bring GEM Steam Traps to North American Nuclear Power Market and Department of Energy
Record Custom Equipment orders and revenue and record Turn-key Project development indicate strong, growing demand from customers.
Thermal Energy announces its intention to publish a business update following its second-quarter results.
Thermal Energy has published a business update following its second-quarter results.
Thermal Energy International has joined The Renewable Thermal Collaborative (RTC) as a sponsor.
The effectiveness of Thermal Energy International’s GEM Venturi steam trap technology has once again been verified by a functional laboratory study,
Thermal Energy has published a whitepaper for TÜV SÜD to inspire further trust in Venturi Steam Trap Technology.
BEI has pioneered new levels of heat recovery through their new and innovative design, previously unachievable in the standard packaged boiler...
Thermal Energy is continuing to invest in the future growth of the company to capitalize on the current favourable market conditions.
John Kelly has stepped down as Chairman of the Board. Mr. Kelly has been the Chairman of the Board of Directors of Thermal Energy for 12 years.
Presentations from the December 2nd Small Cap Growth Virtual Investor Conference are now available for on-demand viewing.
The attendance of corporate executives at the COP26 summit is telling of the mounting pressures placed on industries.
Virtual Investor Conferences, announced the presentations from the December 2nd Small Cap Growth Virtual Investor Conference are now available.
TEI participating in Q4 investor summit where CEO will meet 1x1 with qualified investors.
Oak Hill Financial Inc. to provide investor relations services to Thermal Energy International in compliance with regulatory guidelines.
The first quarter of this new financial year follows the significant impact the COVID-19 global pandemic had in fiscal 2021.
Thermal Energy International listed as one of Canada's top growing companies for third consecutive year.
Thermal Energy is emerging not only stronger and more refined, but remain tenacious in their approach to ‘build back better’ for TEI and its...
TEI has been commissioned by a multinational food products corporation to install a turn-key heat recovery solution.
CEO William Crossland reflects on the past fiscal year ahead of the Q4 and year-end results.
CEO William Crossland share his unique perspective on the past fiscal year, ahead of the Q4 and year-end results in a year in review letter.
Bill Crossland, CEO will be attending the Q3 Virtual Investor Summit.
Thermal Energy International discusses the potential impact of the IPCC Climate Report on global industries.
Thermal Energy International Acquires Sofame Technologies
The market for sustainable investing has been steadily growing and in 2020, more than US $347 billion was poured into sustainable funds.
TEI common shares will commence trading at the market opening on the OTCQB on June 29, 2021 under the symbol TMGEF.
Thermal Energy International Closes out the Fiscal Year with Record Order Intake for both GEM™ and HeatSponge Product Categories
Thermal Energy International has announced its financial results for the third quarter ended February 29, 2020. All figures are in Canadian dollars.
William Crossland, Chief Executive Officer, will participate in two upcoming investor conferences.
Thermal Energy International Announces Stand Out Order Intake and Growing Order Backlog in Third Quarter Results
Thermal Energy Receives Second Heat Recovery Order From Leading Global Brewing Company.
Thermal Energy Expands to New Larger Manufacturing, Distribution, and Administrative Centre in U.S.
Major US Dairy Group Reaching Sustainability Goals with Second Thermal Energy International Project.
Thermal Energy International Helps Prominent Beer Company Brew Up More Emissions Reduction.
Thermal Energy International's latest financial results from the second quarter are extremely encouraging, with a rebound in revenue and...
Thermal Energy International has been commissioned by a Canadian hospital to supply a heat recovery project.
Benzinga Global SmallCap Conference, a virtual event taking place on December 8, 2020.
Thermal Energy International has announced its financial results for the first quarter ended August 31, 2020. All figures are in Canadian dollars.
Thermal Energy International Secures Emission Reduction and Improved Efficiency Project with Leading European Hospital Group
Thermal Energy Builds on Continued Success with Global Nutrition Company.
Thermal Energy International listed as one of Canada’s Top Growing Companies for second time in ranking from The Globe and Mail
Thermal Energy International Announces Record Revenue, EBITDA, and Cash Flow for the Year.
Thermal Energy International’s “Bolt-on” CHP Heat Recovery Solution to Optimize Leading Food Group’s Efficiency and Cut Emissions
Commissioned by a leading consumer protein company to supply energy-efficient equipment and engineering for a plant upgrade project.
Thermal Energy Announces Interim Financial Statement Filing Extension and Preliminary Guidance on Third Quarter Results.
“Strongest Results in Company History” – Thermal Energy International Announces Record Revenue and Profit with Latest Quarterly Figures
The stock options were granted pursuant to the terms of the Company’s stock option plan, have a 5-year term, and are exercisable at $0.09.
Thermal Energy International Inc has announced its intention to undertake a Normal Course Issuer Bid (the "Bid").
Thermal Energy has been commissioned by a leading tire manufacturing company at one of its major manufacturing sites to energy-efficient GEM™ steam...
Thermal Energy International announces its financial results for the first quarter ended August 31, 2019. All figures are in Canadian dollars.
Thermal Energy commissioned by a leading European meat processing company, to install an innovative heat recovery system.
The Globe and Mail's report on business' inaugural ranking of Canadian companies is based on three-year revenue growth.
Thermal Energy International reports strong fourth-quarter results, a record year-end revenue and a record order backlog to begin the new year.
Thermal Energy has been commissioned by a multinational food-products corporation to install a turn-key, energy saving heat recovery system.
Thermal Energy has been commissioned by a leading European brewer to install a high-efficiency heat recovery system.
Thermal Energy has been commissioned by a leading snack food manufacturer to install a heat recovery system designed to support its sustainability...
Thermal Energy International has announced its third-quarter and year-to-date financial results for period ended February 28, 2019.
Thermal Energy has received an order from a leading tissue manufacturer for a heat recovery system at one of its flagship production plants.
TEI has been commissioned by a leading multinational animal nutrition and agricultural products company to improve energy efficiency in Europe.
TEI has been commissioned to design and implement an extensive heat recovery project with a major US dairy group.
Financial results for the three-month (the “second quarter”) and six-month (the “first half” or “year-to-date”) periods ended November 30, 2018.
TEI has been commissioned by a multinational food and beverage conglomerate to add a second FLU-ACE® to its existing heat recovery system.
Granted pursuant to the terms of the Company's stock option plan, have a 5-year term and are exercisable at $0.08 per share.
TEI has been commissioned to integrate a heat recovery process with a solar thermal water heating system.
TEI has been commissioned by a leading speciality chemicals producer to design, manufacture and install a turnkey heat recovery project.
Financial results for the three-month period ended August 31, 2018, with a growth of 120% and a strong order backlog of $9.3 million.
Corporate update to shareholders from its CEO, William Crossland on Fiscal 2018 and Beyond
TEI has been commissioned by a leading food and beverage company to implement a water recovery system as part of an ongoing sustainability drive.
TEI has been selected to develop a water and heat recovery option for three proposed Canadian oil sand developments.
Financial results for the three-month (“Q4” or the “quarter”) and twelve-month (the “year”) periods ended May 31, 2018.
TEI has announced that Jie (Julia) Zhang will be appointed Chief Financial Officer of the Company effective July 31, 2018.
TEI has acquired all of the outstanding shares of privately held Boilerroom Equipment Inc. (“BEI”).
TEI has received a $1.2 million order from a leading Fortune 500 food and beverage conglomerate, for another FLU-ACE® heat recovery system.
Financial results for the three months (Q3) and nine months (YTD) ended February 28, 2018 and $690,000 Heat Recovery Order.
TEI has received an $820 thousand order from a teaching hospital for one of the Company’s proprietary FLU-ACE® heat recovery systems.
Financial results for the three-month (the “quarter”) and six-month (the “first half” or “year-to-date”) periods ended November 30, 2017.
The project was qualified for funding from the Ontario Centres of Excellence Target GHG program.
Resulting emissions reduction expected to be equivalent to preventing the burning of more than 21 million kilograms of coal per year
Luc Mandeville hired as Senior Project Engineer.
Thermal Energy Reports Record First Quarter Revenue with Growth of 45% and a Strong Order Backlog of $7.8 million.
$1.32 million heat recovery order from an existing hospital customer.
Fortune 500 food and beverage customer to implement a “Super-Efficient Cogeneration™” heat recovery project at one of its plants.
Financial results for the three-month (“Q4” or the “quarter”) and twelve-month (the “year”) periods ended May 31, 2017.
Kathy Milsom will be resigning from the Company’s Board of Directors, effective August 31, 2017
The heat recovery system is expected to provide utility savings of $360 thousand per year, primarily in the form of natural gas savings.
Financial results for the three months (Q3) and nine months (YTD) ended February 28, 2017.
This is the third heat recovery order received from this customer since they signed a corporate-level supply agreement with Thermal Energy in July of...
Financial results for the three months (Q2) and six months (YTD) ended November 30, 2016.