Thermal Energy International First Quarter 2025 Earnings: EPS: CA$0.002 (vs CA$0.001 in 1Q 2024)

Thermal Energy International (CVE:TMG) First Quarter 2025 Results

Key Financial Results

• Revenue: CA$8.47m (up 63% from 1Q 2024).
• Net income: CA$278.3k (up 75% from 1Q 2024).
• Profit margin: 3.3% (up from 3.1% in 1Q 2024). The increase in margin was driven by higher revenue.
• EPS: CA$0.002 (up from CA$0.001 in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Thermal Energy International Earnings Insights

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Machinery industry in Canada.

Performance of the Canadian Machinery industry.

The company's shares are down 7.0% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Thermal Energy International.

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