Thermal Energy International Inc. reported earnings results for the full year ended May 31, 2023. For the full year, the company reported sales was CAD 21.09 million compared to CAD 15.91 million a year ago. Net income was CAD 0.717959 million compared to net loss of CAD 1.92 million a year ago.

Basic earnings per share from continuing operations was CAD 0.004 compared to basic loss per share from continuing operations of CAD 0.012 a year ago. Diluted earnings per share from continuing operations was CAD 0.004 compared to diluted loss per share from continuing operations of CAD 0.012 a year ago.