Thermal Energy (TSX-V: TMG | OTCQB: TMGEF) Provides Operational Update and Strategic Focus for 2026

Why It Matters

The operational progress and new go‑to‑market initiatives position Thermal Energy to scale revenue and margins more efficiently, potentially accelerating cash flows and making it more competitive for multi-site blue‑chip customers amid rising energy-cost risk. Investors should watch order conversion and margin trends in 2026 as proof points for the company’s growth thesis.

Summary

Thermal Energy International said investments in staff, a larger UK manufacturing facility and digitization are beginning to pay off, reporting record trailing-12-month order intake and revenue and sharply improved profitability over the past two quarters. Management is shifting strategy for 2026 to drive sales growth and margin expansion by adding indirect sales channels in North America and Europe to capture smaller repeat business while freeing its direct team to pursue large, strategic blue‑chip projects. The company is also rolling out a standardized, faster-to-deploy turnkey product—branded Heat Sponge—that yields quicker sales cycles, faster revenue recognition and higher margins versus its traditional complex projects. Management argues recent energy-price volatility has increased customer urgency to lock in efficiency gains, creating a favorable market backdrop.

Original Description

In this interview, William Crossland, CEO of Thermal Energy International Inc. (TSX-V: TMG | OTCQB: TMGEF), shares insights into the company's innovative energy efficiency solutions, recent growth highlights, strategic initiatives, and future outlook. Discover how they help large manufacturers reduce costs and emissions while delivering strong financial performance.

Chapters:

00:00 Introduction to Thermal Energy International

02:45 Maximizing Energy Efficiency in Industries

04:33 Strategic Growth and Investment Initiatives

06:46 Innovative Project Offerings and Market Adaptation

07:47 Unique Positioning in the Clean Tech Sector

Thermal Energy International Inc. will be presenting at the upcoming Planet MicroCap Las Vegas 2026 powered by MicroCapClub. Register to attend here: https://www.meetmax.com/sched/event_130817/conference_home.html

For more information about Thermal Energy International Inc., please visit: https://www.thermalenergy.com/

The interview may contain forward looking statements about Thermal Energy International Inc. See Thermal Energy International Inc.'s periodic filings with SEDAR and the Securities and Exchange Commission for more complete information.

About Thermal Energy International Inc.

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to Fortune 500 and other large multinational companies. We save our customers money by reducing their fuel use and cutting their carbon emissions. Thermal Energy’s proprietary and proven solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations while delivering a high return on investment with a short, compelling payback.

Thermal Energy is a fully accredited professional engineering firm with engineering offices in Ottawa, Canada, Pittsburgh, USA, as well as Bristol, UK, with sales offices in Canada, UK, USA, Germany, Poland, France, and Italy. By providing a unique mix of proprietary products together with process, energy, and environmental engineering expertise, Thermal Energy can deliver unique, site-specific turnkey and custom engineered solutions with significant financial and environmental benefits for our customers.

Thermal Energy’s common shares are traded on the TSX Venture Exchange (TSX-V) under the symbol TMG and on the OTCQB under the symbol TMGEF. For more information, visit our investor website at https://investors-thermalenergy.com or company website at www.thermalenergy.com and follow us on Twitter at https://twitter.com/GoThermalEnergy..

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