Inactive Instrument

Company Thermal Energy International Inc. Toronto S.E.

Equities

TMG

CA88346B1031

Environmental Services & Equipment

Business Summary

Thermal Energy International Inc. is a Canadian clean technology company. The Company provides energy efficiency and emissions reduction solutions to the Fortune 500 and other multinational companies. The Company operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. The Company markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEM steam traps). The Company is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). The Company has two operational bases, one in Ottawa, Canada covering North America, and the other in Bristol, United Kingdom, covering Europe and the rest of the world.

Sales per Business

CAD in Million2022Weight2023Weight Delta
Pollution Control, Heat Recovery Systems, and Condensate Return Solutions
63.8 %
5 32.1 % 13 63.8 % +163.00%
Contracts for Heat Recovery Solutions
29.9 %
10 60.8 % 6 29.9 % -34.72%
Services
6.3 %
1 7.1 % 1 6.3 % +18.15%

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
43.1 %
7 44.9 % 9 43.1 % +27.09%
United Kingdom
11.0 %
3 19.6 % 2 11.0 % -25.79%
Ireland
10.9 %
0 1.9 % 2 10.9 % +661.66%
Romania
8.3 %
-- 2 8.3 % -
Canada
5.9 %
1 6.7 % 1 5.9 % +16.11%
Italy
3.3 %
0 2.5 % 1 3.3 % +78.73%
United Arab Emirates
3.1 %
0 1.3 % 1 3.1 % +216.46%
Poland
2.5 %
1 4.2 % 1 2.5 % -19.71%
Spain
2.1 %
0 0.1 % 0 2.1 % +1,899.69%
Germany
2.1 %
1 9.3 % 0 2.1 % -70.66%
Mauritius
1.7 %
0 0.5 % 0 1.7 % +335.93%
Mexico
1.5 %
1 3.8 % 0 1.5 % -46.24%
Portugal
1.1 %
-- 0 1.1 % -
South Africa
1.1 %
-- 0 1.1 % -
Netherlands
0.7 %
0 0.6 % 0 0.7 % +46.03%
Rest of World
0.4 %
0 0.9 % 0 0.4 % -40.85%
France
0.3 %
0 0.0 % 0 0.3 % +1,757.12%
India
0.3 %
0 0.3 % 0 0.3 % +51.53%
Belgium
0.3 %
-- 0 0.3 % -
Rest of Europe
0.2 %
0 0.0 % 0 0.2 % +2,695.40%
Norway
0.1 %
0 0.8 % 0 0.1 % -80.69%

Managers

Managers TitleAgeSince
Chief Executive Officer - 07-05-28
Director of Finance/CFO - 18-07-30
Chief Operating Officer - 92-12-31
Corporate Officer/Principal - 07-12-31
Corporate Officer/Principal - 00-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 05-01-31
Chairman 72 16-11-27
Chief Executive Officer - 07-05-28
Director/Board Member 58 11-10-24
Director/Board Member - 14-11-05

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 172,579,305 161,879,650 ( 93.80 %) 0 93.80 %

Shareholders

NameEquities%Valuation
7,061,155 4.287 % 1 M $
2,600,000 1.578 % 520 000 $
1,230,000 0.7467 % 246 000 $
1,108,623 0.6730 % 221 725 $
270,000 0.1639 % 54 000 $
Sam Mawby
0.1542 %
254,000 0.1542 % 50 800 $
StoneCastle Investment Management, Inc.
0.1415 %
233,100 0.1415 % 46 620 $
146,000 0.0886 % 29 200 $
58,500 0.0355 % 11 700 $
Jie Zhang
0.000000 %
0 0.000000 % - $

Company contact information

Thermal Energy International, Inc.

36 Antares Drive Suite 850

K2E 6T8, Ottawa

+613-723-6776

http://www.thermalenergy.com
address Thermal Energy International Inc.(TMG)