TMGEF (Thermal Energy International) Net Income: $0.92 Mil (TTM As of Feb. 2026)

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TMGEF Thermal Energy International Inc TMGEF
53 GF Score
Price $0.11
GF Value $0.18
Valuation Possible Value Trap
! 4 Warning Signs
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What is Thermal Energy International Net Income?

Thermal Energy International TMGEF -1.13% 53 Net Income is $0.92 Mil as of Feb. 2026. GuruFocus rates TMGEF with a GF Score™ of 53/100 and a GF Value™ of $0.18 (Possible Value Trap). The stock has 4 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Thermal Energy International's Net Income for the three months ended in Feb. 2026 was $0.24 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2026 was $0.92 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Thermal Energy International's Earnings per Share (Diluted) for the three months ended in Feb. 2026 was $0.00.


Thermal Energy International  (OTCPK:TMGEF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Thermal Energy International's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Thermal Energy International Net Income Related Terms


Thermal Energy International Net Income Historical Data

* Premium members only.

The historical data trend for Thermal Energy International's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thermal Energy International Net Income Chart

Thermal Energy International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 -1.49 0.53 0.68 0.11

Thermal Energy International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.29 0.16 0.11 0.41 0.24
TMGEF
53GF Score
Thermal Energy International Inc TMGEF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermal Energy International Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Thermal Energy International's Net Income for the fiscal year that ended in May. 2025 is calculated as

Net Income(A: May. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.13+-0.016+0+0
=0.11

Thermal Energy International's Net Income for the quarter that ended in Feb. 2026 is calculated as

Net Income(Q: Feb. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.258+-0.01+0+-0.011
=0.24

Net Income for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.92 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $0.92 Mil mean?
Thermal Energy International (TMGEF) has a Net Income of $0.92 Mil as of Feb. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Thermal Energy International and its competitors.
Is Thermal Energy International's Net Income too high?
Thermal Energy International's current Net Income is $0.92 Mil. Overall, Thermal Energy International has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's Net Income compare to VLTO and ZWS?
Thermal Energy International's Net Income of $0.92 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Industrial Products company?
A good Net Income depends on the Industrial Products industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Thermal Energy International and its competitors. Thermal Energy International's current Net Income is $0.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermal Energy International stock overvalued right now?
Based on GuruFocus' analysis, Thermal Energy International (TMGEF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.18, compared to a current price of $0.11 — trading 39.5% below its estimated fair value. The current Net Income is $0.92 Mil. Thermal Energy International's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Thermal Energy International (TMGEF), the current Net Income is $0.92 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thermal Energy International (TMGEF) Overvalued in 2026?

Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued. The current stock price of $0.11 is trading 39.5% below its estimated GF Value™ of $0.18. GuruFocus considers Thermal Energy International to be Possible Value Trap.

Key valuation signals for TMGEF:

  • Net Income: $0.92 Mil
  • GF Value™: $0.18 vs. price of $0.11 (39.5% below fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the TMGEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermal Energy International Business Description

Other Exchanges EUW:GermanyTMG:Canada
Address 36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
53GF Score

Get the complete analysis for TMGEF

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.11
Price
$0.18
GF Value