4 Sustainability Juniors with High Margins

The sustainability juniors on our list all have solid gross margins, which demonstrates efficiency in their operations

SmallCapPower | January 12, 2018: Sustainability is at the forefront of many consumer minds. Many consumers are looking for companies that support their personal beliefs in environmental responsibility. Today we have identified four sustainability juniors that sell their products at a high margin, which demonstrates efficiency in their operations.

Thermal Energy International Inc. (TSXV:TMG) – $ 0.09
Environmental Services & Equipment

Thermal Energy is a Canada-based environmental service provider operating worldwide. The Company sells heat recovery solutions, condensate return systems, and biomass drying systems. TMG sells its products to companies in the pharmaceutical, food and beverage, paper and chemical sectors.

  • Market Cap: $13.6 Million
  • 52 Week Total Return: -29.2%
  • FY0 Total Revenue: $13.2 Million
  • FY0 Gross Margin: 56.4%
  • Peer Average Gross Margin: 23.0%

Vitreous Glass Inc. (TSXV:VCI) – $3.82
Environmental Services & Equipment

Vitreous Glass is a Canada-based company that operates a waste glass processing plant in Alberta and sells the finished product to fiberglass companies as raw material. The Company uses materials from Alberta, British Columbia, and Saskatchewan.

  • Market Cap: $24.2 Million
  • 52 Week Total Return: 15.6%
  • FY0 Total Revenue: $7.6 Million
  • FY0 Gross Margin: 54.8%
  • Peer Average Gross Margin: 23.0%

Redishred Capital Corp. (TSXV:KUT) – $0.54
Environmental Services & Equipment

Redishred is a Canada-based services company. The Company owns the PROSHRED brand, a mobile on-site shredding company. PROSHRED franchisees operate out of 22 states and in five countries in the Middle East.

  • Market Cap: $25.8 Million
  • 52 Week Total Return: 22.7%
  • FY0 Total Revenue: $9.6 Million
  • FY0 Gross Margin: 42.8%
  • Peer Average Gross Margin: 23.0%

Clearford Water Systems Inc. (TSXV:CLI) – $0.13
Environmental Services & Equipment

Clearford Water Systems is a Canada-based utilities company. The Company’s primary product is the Clearford One system, a combination of many of CLI’s other products to provide a unified sewage solution. The Company’s Water Purification segment sells ultraviolet purification systems to government and private entities.

  • Market Cap: $12.8 Million
  • 52 Week Total Return: 43.6%
  • FY0 Total Revenue: $3.8 Million
  • FY0 Gross Margin: 39.4%
  • Peer Average Gross Margin: 23.0%

Disclosure: Neither the author nor his/her family own shares in any of the companies mentioned above.

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