Thermal Energy International Past Earnings Performance
Past criteria checks 3/6
Thermal Energy International has been growing earnings at an average annual rate of 29.7%, while the Machinery industry saw earnings growing at 38.4% annually. Revenues have been growing at an average rate of 6.3% per year. Thermal Energy International's return on equity is 29.2%, and it has net margins of 3.6%.
Key information
29.7%
Earnings growth rate
28.2%
EPS growth rate
| Machinery Industry Growth | 16.3% |
| Revenue growth rate | 6.3% |
| Return on equity | 29.2% |
| Net Margin | 3.6% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Recent updates
What You Can Learn From Thermal Energy International Inc.'s (CVE:TMG) P/S
Aug 19
Thermal Energy International (CVE:TMG) Has A Pretty Healthy Balance Sheet
May 23Thermal Energy International Inc. (CVE:TMG) Investors Are Less Pessimistic Than Expected
Apr 04Is Thermal Energy International (CVE:TMG) Using Too Much Debt?
Sep 28Is Thermal Energy International (CVE:TMG) Using Debt Sensibly?
Jun 12Does Thermal Energy International (CVE:TMG) Have A Healthy Balance Sheet?
Mar 14Is Thermal Energy International (CVE:TMG) A Risky Investment?
Jul 23Does Thermal Energy International (CVE:TMG) Have A Healthy Balance Sheet?
Mar 10Most Shareholders Will Probably Find That The CEO Compensation For Thermal Energy International Inc. (CVE:TMG) Is Reasonable
Nov 16Is Thermal Energy International (CVE:TMG) Using Debt In A Risky Way?
Oct 11Is Thermal Energy International (CVE:TMG) Weighed On By Its Debt Load?
May 24How Is Thermal Energy International's (CVE:TMG) CEO Paid Relative To Peers?
Feb 08Is Thermal Energy International (CVE:TMG) Using Too Much Debt?
Dec 16
Revenue & Expenses Breakdown
How Thermal Energy International makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Aug 24 | 29 | 1 | 11 | 0 |
| 31 May 24 | 26 | 1 | 11 | 0 |
| 29 Feb 24 | 27 | 2 | 11 | 0 |
| 30 Nov 23 | 26 | 2 | 10 | 0 |
| 31 Aug 23 | 23 | 1 | 9 | 0 |
| 31 May 23 | 21 | 1 | 8 | 0 |
| 28 Feb 23 | 17 | 0 | 8 | 0 |
| 30 Nov 22 | 15 | -2 | 8 | 0 |
| 31 Aug 22 | 15 | -2 | 8 | 0 |
| 31 May 22 | 16 | -2 | 9 | 0 |
| 28 Feb 22 | 15 | -2 | 8 | 0 |
| 30 Nov 21 | 15 | -1 | 8 | 0 |
| 31 Aug 21 | 16 | 0 | 8 | 0 |
| 31 May 21 | 15 | 0 | 8 | 0 |
| 28 Feb 21 | 14 | -3 | 8 | 0 |
| 30 Nov 20 | 16 | -2 | 8 | 0 |
| 31 Aug 20 | 19 | -2 | 8 | 0 |
| 31 May 20 | 21 | -2 | 8 | 0 |
| 29 Feb 20 | 25 | 2 | 8 | 0 |
| 30 Nov 19 | 22 | 0 | 9 | 0 |
| 31 Aug 19 | 19 | 0 | 8 | 0 |
| 31 May 19 | 21 | 0 | 8 | 0 |
| 28 Feb 19 | 22 | 0 | 8 | 0 |
| 30 Nov 18 | 23 | 1 | 8 | 0 |
| 31 Aug 18 | 21 | 1 | 8 | 0 |
| 31 May 18 | 17 | 1 | 8 | 0 |
| 28 Feb 18 | 15 | 0 | 7 | 0 |
| 30 Nov 17 | 15 | 0 | 7 | 0 |
| 31 Aug 17 | 14 | 0 | 7 | 0 |
| 31 May 17 | 13 | 0 | 7 | 0 |
| 28 Feb 17 | 13 | 0 | 7 | 0 |
| 30 Nov 16 | 13 | 1 | 6 | 0 |
| 31 Aug 16 | 12 | 1 | 6 | 0 |
| 31 May 16 | 12 | 0 | 6 | 0 |
| 29 Feb 16 | 11 | 0 | 6 | 0 |
| 30 Nov 15 | 9 | -1 | 6 | 0 |
| 31 Aug 15 | 8 | -2 | 6 | 0 |
| 31 May 15 | 7 | -2 | 6 | 0 |
| 28 Feb 15 | 9 | -1 | 6 | 0 |
| 30 Nov 14 | 10 | 0 | 6 | 0 |
| 31 Aug 14 | 13 | 0 | 6 | 0 |
| 31 May 14 | 13 | 1 | 6 | 0 |
| 28 Feb 14 | 10 | -3 | 6 | 0 |
Quality Earnings: TMG has high quality earnings.
Growing Profit Margin: TMG's current net profit margins (3.6%) are lower than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TMG has become profitable over the past 5 years, growing earnings by 29.7% per year.
Accelerating Growth: TMG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TMG had negative earnings growth (-24.6%) over the past year, making it difficult to compare to the Machinery industry average (-20.8%).
Return on Equity
High ROE: TMG's Return on Equity (29.2%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thermal Energy International Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Stanley | Beacon Securities Limited |