Thermal Energy International Inc. reported earnings results for the full year ended May 31, 2022. For the full year, the company reported sales was CAD 15.91 million compared to CAD 15.35 million a year ago. Net loss was CAD 1.92 million compared to net income of CAD 0.198127 million a year ago.

Basic loss per share from continuing operations was CAD 0.012 compared to basic earnings per share from continuing operations of CAD 0.001 a year ago. Diluted loss per share from continuing operations was CAD 0.012 compared to diluted earnings per share from continuing operations of CAD 0.001 a year ago.