Thermal Energy International Inc.

Financial performance has remained strong, with revenue growing from $5.60M in Q3 2023 to $8.67M in Q2 2024. Gross profit continued to perform well, with margins at 33% in the latest quarter. Operating income reached $109753.00 in Q2 2024, holding a steady 1% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $307953.00. Net income dropped to $12978.00, keeping EPS at $0.00. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.