Thermal Energy International Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- CEO
- William Crossland
- Full Time Employees
- 78
- Sector
- Industrials
- Industry
- Industrial - Pollution & Treatment Controls
- Address
- 36 Antares Drive Ottawa ON Canada K2E 7W5
- IPO Date
- Aug 24, 2018
- Website
- thermalenergy.com
- Similar Companies
- Business
- Thermal Energy International Inc. is a Canadian publicly traded clean-technology company specializing in the development, engineering, and supply of proprietary energy efficiency and emissions reduction solutions primarily for the industrial and institutional sectors. The company offers a portfolio of products and systems including GEM™ steam traps; FLU-ACE® direct contact condensing heat recovery systems; HEATSPONGE® indirect contact condensing heat recovery systems; DRY-REX™ low-temperature biomass drying systems; and a range of solutions acquired through Sofame Technologies such as PercoMax direct fired water heaters, Percotherm direct contact heat recovery, Hybrid Percotherm water heating, Sofame Steam Pump NOx reduction technology, and LaunRec RBT wastewater heat recovery. These products target fuel use reduction and carbon emission mitigation across diverse sectors including food and beverage, pharmaceuticals, healthcare, and chemicals, serving customers globally with operations and revenues drawn from Canada, the UK, the US, Germany, France, Poland, India, and beyond. Founded in 1989 and headquartered in Ottawa, Canada, Thermal Energy International maintains offices in Bristol, UK, the US, Italy, and China. In the last 1-2 years, Thermal Energy International has strategically expanded its product offerings and geographic reach through key acquisitions such as Sofame Technologies in 2021, which augmented its portfolio with five proprietary energy efficiency technologies aligned with its existing systems. The company continues to secure significant turnkey projects involving its proprietary technologies, including recent multimillion-dollar contracts with major multinational clients, highlighting its ability to deliver integrated heat recovery and emission reduction solutions remotely without on-site installation presence. Thermal Energy also emphasizes growth through repeat business with global firms, strategic partnerships, and ongoing innovation in heat recovery and carbon reduction technologies, positioning itself as a leading global engineering firm in industrial energy efficiency and emissions management. The company trades on the TSX Venture Exchange under the ticker TMG and on the OTCQB under TMGEF.
Thermal Energy International to Present at the 2026 Canadian Climate Investor Conference
Thermal Energy International Inc. (TMG:CA) Q3 2026 Earnings Call Transcript
Thermal Energy Reports 62% Revenue Growth and Improved Profitability for the Third Quarter
Thermal Energy International to Announce Third Quarter Results on April 28, 2026
Thermal Energy International to Participate in TSX-Sponsored European Roadshow
Thermal Energy Wins $1 Million Turnkey Project --- Ninth with Global Nutrition Company
Thermal Energy International Inc. (TMG:CA) Q2 2026 Earnings Call Transcript
Thermal Energy Achieves Record Revenue and Improved Profitability in Second Quarter
Thermal Energy International to Announce Second Quarter Results on January 27, 2026
Thermal Energy Appoints Vincent Sands as Executive Vice President
Thermal Energy Receives $1.5 Million in Repeat Business from Multinational Building Materials Company
Thermal Energy Announces $3.2 Million Turnkey Heat Recovery Order from Leading Multinational Frozen Food Company
Thermal Energy International Announces Grant of Stock Options
Thermal Energy International Inc. (TMG:CA) Shareholder/Analyst Call Transcript
Thermal Energy International Inc. Receives an Additional $1.6 Million Order to Deliver Customized HeatSponge Heat Recovery Units to the Arctic
Thermal Energy Announces $1.5 Million in Repeat Business from Global Nutrition Company
Thermal Energy International Inc. (TMG:CA) Q1 2026 Earnings Call Transcript
Thermal Energy's First Quarter Highlighted by Record Q1 Order Intake and Higher Order Backlog
Thermal Energy International to Announce First Quarter Results on October 28, 2025
Thermal Energy International Inc. (TMG:CA) Q4 2025 Earnings Call Transcript