Russ Stanley
Analyst at Beacon Securities
Replay available
Thermal Energy International Inc. (TMG) Q4 2026 Earnings Call
Thermal Energy International Inc. (TSXV: TMG) Q4 2026 earnings conference call, held 2026-09-22. Replay captured from the company's public earnings webcast.
Investor webinar replay
Meeting Overview The meeting was a fiscal earnings call for Thermal Energy International, led by CEO William Crosland. The discussion focused on the company’s financial performance for the fourth quarter and the entire fiscal year 2026, highlighting record revenues, profitability, and strategic investments made to scale the business. Key Discussion Points - Overview of fiscal 2026 performance, including record revenue and profitability. - Discussion of investments made in sales, marketing, and engineering functions. - Analysis of revenue growth driven by gem sales and turnkey heat recovery projects. - Examination of gross profit and adjusted EBITDA, including year-over-year comparisons. - Update on order intake and backlog, with emphasis on repeat business from multinational customers. - Introduction of new offerings, such as major equipment packages. - Future strategies for growth, including the development of standardized equipment packages and indirect sales channels. Decisions M...
Featured Presenters
Jesus Sanchez
Analyst at Kastner Investment Fund
William Crossland
CEO of Thermal Energy International
Presentation Assistant
Slide Deck Narrator
Replay transcript excerpt
Speaker 1: Good morning, everyone. Speaker 1: I'm William Crosland, CEO of Thermal Energy International. Speaker 1: Thank you for joining us this morning for our fiscal 2026 Speaker 1: 4th 0.25 and year-end earnings call. Speaker 1: Our news release, financial statements and MD&A are available on our website and have been filed on CDAR. Speaker 1: After my prepared remarks, we'll have a question and answer session, at which time qualified equity research analysts and institutional investors joining us on MS Teams will be able to ask questions. Speaker 1: If you're joining us online, you should be able to see our slide presentation Speaker 1: on your screen now. Speaker 1: Next slide, please. Speaker 1: Before we go any further, of course, I have to point out that today's call may contain forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are, of course, subjects to risks and uncertainties, and undue reliance should not be placed on such statements. Speaker 1: Certain material facts or assumptions are applied in making forward-looking statements, and actual results may differ materially Speaker 1: from those expressed or implied in such statements. Speaker 1: For additional information, please refer to our financial statements and MD&A for the 0.25 and other filings with Canadian securities regulators. Speaker 1: Next slide, please. Speaker 1: Over the course of fiscal 2024 Speaker 1: and 2025, Speaker 1: we invested in scaling our business, particularly across our sales, marketing and engineering functions. Speaker 1: We were transparent that these investments would create short-term pressure on our profitability, Speaker 1: but we also said that we expected those investments to begin benefiting our top line and ou...