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Titan Energy Worldwide, Inc. (TEWI)

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Last Post: 4/14/2014 11:52:04 AM - Followers: 64 - Board type: Free - Posts Today: 0

 

www.titanenergy.com                  

 Titan Energy Worldwide, Inc. (TEWI) Is a publicly traded company that combines engineering expertise, established sales and distributorships, service operations and unique strategic partnerships to meet the growing demand in the US and worldwide for clean, efficient, energy solutions. 

TEWI is a major competitor in the distributed, renewable, and alternative energy industries and a leader in development and support for new energy-related technology.  We serve as:
  • a distributor and service center for power generation equipment
  • a manufacturer of cutting edge energy technologies
  • a supporter and developer of new energy solutions and services. 
Our focus is to be both national and global; serving the disaster recovery; first responder; relief agency; homeland security; Department of Defense and municipality sectors. 

 

A New Kind of Energy Company:
 
Titan Energy Worldwide is dedicated to helping companies meet their power generation and energy management needs. To date we have focused on providing thousands of customers with the most advanced power generation equipment to enable their operations to continue uninterrupted during times of power failures or disasters. We have also established a professional service team that helps customers to maintain and manage their power generations assets. From emergency and back up power technologies, to demand response programs and Smart Grid applications, Titan Energy is setting a path for the future in energy management.
 
Titan Energy is already a key player in the Smart Grid or Intelligent Grid industry. We offer a range of products including distributed power generation equipment to help companies operate during times of power failure and emergencies. We also provide applications such as remote monitoring and demand response services to assist our customers in better managing their energy assets.

Contact Information :
Titan Energy Worldwide, Inc.
10315 Grand River, Suite 302 
Brighton MI,48116
Phone : (810) 229-5422
Fax :      (810) 229-5797
E-mail : titan@titanenergy.com
Website: www.titanenergy.com                                                                                                                       


Company Officers :
Jeffrey Flannery, CEO
James Fahrner, CFO
Thomas Vagts,  Chief Operating Officer,Titan Energy Systems

Market Information :
Market Tier: OTCBB
SEC Reporting Status : SEC reporting company
SEC Filings : EDGAR Filings
Fiscal Year End : 12/31
Outstanding Shares : 71,308,641 as of 10/17/2013

Transfer Agent :
Transfer Online
317 SW Alder Street
Portland, OR 97204

Latest News:

Feb 14,2014


Titan Energy Worldwide Releases Preliminary 2013 Financials

Company Posts Annual Profit for 2013 on Record Revenues


Titan Energy Worldwide, Inc. (OTCQB: TEWI), a leader in distributed power generation products and intelligent energy management services, today released preliminary financials for 2013. The company reports record revenues of nearly $22 million, an increase of 15% over 2013. The company also reports that the company achieved more than $1 million in EBIDTA, an increase of 300% over 2012, and ended the year profitable. This was the first profitable year in the Company's history.

Stated Jeffrey Flannery, CEO of Titan Energy Worldwide, Inc., "We set a goal at the beginning of 2013 to end the year profitable and I am very proud to say that we accomplished that goal. We did this by focusing on our core business of providing the finest customer-oriented service to our onsite power clients. We now service nearly 5,000 generators across the country, and have successfully responded to hurricanes, floods, blackouts and other disasters. We have also implemented new, industry changing programs for the maintenance of onsite power which have keep our customers operational and saved them money. We have invested in the infrastructure which now makes us a stronger national accounts and critical power services provider and with this we are looking forward to a stronger and even more prosperous 2014.

"While equipment sales decreased slightly from $10 million to $9 million, this was more than compensated for by a 300% increase in service sales from $3 million to $9 million in 2013. This increase is largely due to our national accounts business and more than $2 million of work we did on RICE NESHAP projects. The Company is projecting for the National accounts division to continue to grow significantly in 2014," added Mr. Flannery

Titan also reported that its critical power division, which was newly formed in 2012, expanded from about $90,000 in sales in 2012 to more than $1 million in 2013. The Company believes this division, which services data centers, hospitals and other critical power facilities, is on course to more than double its business in 2014.

The company expects to release its completed 2013 financials in late February 2014.




  
 

 
 
 
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TEWI News: Titan Energy Worldwide Releases 2013 Financial Statements 03/21/2014 09:15:00 AM
TEWI News: Titan Energy Worldwide Releases Preliminary 2013 Financials 02/14/2014 11:40:51 AM
PostSubject
#1172  Sticky Note Basic TEWI DD: mike306oh 01/29/14 11:09:15 AM
#1259   Trying to reload at .045, Once the release Pennytracker62 04/14/14 11:52:04 AM
#1258   Big sales today...right before 10Q...hmmm.. I think they watchingsum 04/10/14 03:41:46 PM
#1257   In time we will reach there and it aliangel 03/29/14 03:36:05 AM
#1256   Dime would be great, but .20c+ would be fantastic braetman 03/28/14 09:31:06 PM
#1255   Nice week. Dime here soon aliangel 03/28/14 07:37:26 PM
#1254   Thanks warlock had to look up par sar braetman 03/28/14 04:56:37 PM
#1253   Par Sar flipped,primed and ready to run!!! warlockbr349 03/28/14 04:06:26 PM
#1252   you are crazy to be selling this stock watchingsum 03/24/14 03:15:06 PM
#1251   1st Q results for TEWI should be a warlockbr349 03/24/14 11:17:57 AM
#1250   The disclaimer about viability appears on virtually all lagorunner 03/23/14 03:00:57 PM
#1249   Agree no reason they shouldn't be renegotiated braetman 03/22/14 11:44:50 AM
#1248   Those notes have been renegotiated successfully each year odi33 03/21/14 08:18:01 PM
#1247   Interest on debt is $4,000,000 per year - kpdrummer1 03/21/14 06:42:37 PM
#1246   Late April early May 1st Q should be warlockbr349 03/21/14 04:11:15 PM
#1245   Agree no stopping tewi braetman 03/21/14 01:50:55 PM
#1244   A break through .08 takes us back to odi33 03/21/14 01:06:08 PM
#1243   Real nice sleeper here countrmike 03/21/14 10:40:57 AM
#1242   After the usual 50% drop, your TEWI chart mike306oh 03/21/14 10:30:45 AM
#1241   Not to bad,they are turnining this around,and the warlockbr349 03/20/14 04:54:02 PM
#1240   Thanks guys for your info on tewi braetman 03/20/14 04:52:17 PM
#1239   thanks....10k out...lol...tomorrow should be interesting... watchingsum 03/20/14 04:48:24 PM
#1238   Don't let the price action scare you , warlockbr349 03/20/14 04:30:45 PM
#1237   The 10k is out lagorunner 03/20/14 04:07:05 PM
#1236   ridiculous day here today....cant scare me off...I did watchingsum 03/20/14 04:01:41 PM
#1235   Thank you I appreciate your insight braetman 03/20/14 11:51:11 AM
#1234   I'm sorry for any confusion. I did not JPMoneyChase 03/20/14 11:25:04 AM
#1233   So your very large investment firm is braetman 03/19/14 06:42:26 PM
#1232   I am not the CEO but I did JPMoneyChase 03/19/14 05:11:28 PM
#1231   yes it is and my others have gone aliangel 03/18/14 05:50:54 PM
#1230   GM, all TEWI holders! Maintaining the p/s @ mike306oh 03/18/14 08:56:15 AM
#1229   very quite today....... watchingsum 03/17/14 02:28:14 PM
#1228   Where and how did you get that sort warlockbr349 03/12/14 09:59:46 PM
#1227   this three year weekly actually looks even better aliangel 03/12/14 09:35:28 PM
#1226   Thanks for the chart, looks very nice braetman 03/12/14 08:44:19 PM
#1225   looks great and a few friends are watching aliangel 03/12/14 07:48:44 PM
#1224   Thanks braetman 03/12/14 03:10:52 PM
#1223   TEWI official report running late but accurate to JPMoneyChase 03/12/14 03:04:56 PM
#1222   I fully agree ! watchingsum 03/11/14 11:42:02 PM
#1221   I like the pace that news comes out. skepticone 03/11/14 05:35:19 PM
#1220   nice day here...now would be a perfect time watchingsum 03/11/14 04:19:24 PM
#1219   Weekly.... Not yearly... Sorry. odi33 03/06/14 06:13:34 PM
#1218   Weekly.... Not yearly... Sorry. odi33 03/06/14 06:13:12 PM
#1217   I would like to know more about how skepticone 03/06/14 06:01:30 PM
#1216   Using Ameritrade charts...1 year chart isn't very useful skepticone 03/06/14 05:10:22 PM
#1215   I don't think there is going to be odi33 03/06/14 04:47:35 PM
#1214   I'd like to see it hold here @ skepticone 03/06/14 04:11:54 PM
#1213   Close now... odi33 03/06/14 03:33:56 PM
#1212   I like the rebound from .063, see if skepticone 03/06/14 02:40:37 PM
#1211   Nice,double digits please braetman 03/06/14 01:39:09 PM
#1210   .08 skepticone 03/06/14 01:29:21 PM
PostSubject