# Thermal Energy International Inc. (TMGEF)

> Industrials · CA · Reports in CAD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/TMGEF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 26.44M | $ 1.05M | $ 2.23M | $ 1.05M | $ 4.87M |
| 2025 | $ 29.78M | $ 73.2K | $ -1.75M | $ 1.59M | $ 3.57M |
| 2024 | $ 26.37M | $ 947.1K | $ 5.12M | $ 3.89M | $ 3.46M |
| 2023 | $ 21.88M | $ 745.0K | $ 1.38M | $ 4.73M | $ 1.97M |
| 2022 | $ 17.07M | $ -2.06M | $ -2.14M | $ 5.31M | $ 1.08M |
| 2021 | $ 17.51M | $ 226.0K | $ -1.50M | $ 4.81M | $ 3.04M |
| 2020 | $ 25.60M | $ -2.27M | $ 1.23M | $ 3.30M | $ 2.10M |
| 2019 | $ 25.39M | $ -510.9K | $ 598.3K | $ 3.01M | $ 3.98M |
| 2018 | $ 21.43M | $ 786.8K | $ 317.8K | $ 0 | $ 4.16M |
| 2017 | $ 16.57M | $ 521.0K | $ 2.06M | $ 0 | $ 3.53M |
| 2016 | $ 15.87M | $ 324.7K | $ 471.9K | $ 0 | $ 3.09M |
| 2015 | $ 8.83M | $ -2.79M | $ -2.39M | $ 0 | $ 2.72M |
| 2014 | $ 17.35M | $ 827.2K | $ 419.7K | $ 0 | $ 4.79M |
| 2013 | $ 10.99M | $ -3.78M | $ -3.11M | $ 3.0K | $ 3.82M |
| 2012 | $ 17.83M | $ 137.5K | $ -267.1K | $ 8.1K | $ 6.53M |
| 2011 | $ 13.26M | $ -194.8K | $ -78 | $ 0 | $ 6.36M |
| 2010 | $ 8.13M | $ -4.29M | $ -3.02M | $ 11.1K | $ 6.21M |
| 2009 | $ 5.66M | $ -4.59M | $ -7.24M | $ 669.1K | $ 10.52M |
| 2008 | $ 7.14M | $ -3.44M | $ -1.28M | $ 908.7K | $ -79.1K |
| 2007 | $ 1.20M | $ -3.58M | $ -2.03M | $ 0 | $ 627.0K |
| 2006 | $ 2.49M | $ -1.24M | $ -1.51M | $ 0 | $ -299.3K |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.22 |
| Liabilities / Eq | 1.77 |
| Current Ratio | 1.47 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / FCF | 1.43 |

## Other views

- [Metrics](https://sponda.capital/en/TMGEF.md)
- [Charts](https://sponda.capital/en/TMGEF/charts.md)
- [Compare](https://sponda.capital/en/TMGEF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-30.