Clean-tech firm reports revenues of $3.2 million for three-month period ending Feb. 28, 2018.
Thermal Energy’s FLU-ACE heat recovery systems are fuelling the growth. Revenues from that segment are up 132 per cent year-over-year in the first half of fiscal 2018.
A spate of new contracts in fiscal 2017 have added some steam to Ottawa clean-tech firm Thermal Energy International’s balance sheet, pushing revenues to a record high.
Despite relatively flat revenues, Ottawa’s Thermal Energy International Inc.
A repeat purchase from a health care customer pushed shares of Ottawa clean-tech firm Thermal Energy (
Thermal Energy (TSX-V: TMG) investors pushed shares in the Ottawa-based clean-tech company
Despite an overall drop in revenue year-over-year, Thermal Energy International (CVE:TMG) trimmed its net loss and boasted a strong order backlog in its fiscal first quarter.
Thermal Energy (TSX-V: TMG) shares inched up to their highest level in a year Wednesday as the Ottawa clean-tech firm announced a $1.7-million order from an unnamed customer in the industrial and f
Ottawa clean-tech firm Thermal Energy (TSX-V:TMG) is crediting its shift away from a focus on landing large mega-projects for helping it record its second-highest profit in the company’s history.
Ottawa-based Thermal Energy International says it has received an order worth approximately $500,000 from a new hospital customer.