TOMI Environmental Solutions (TOMZ) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Greetings. Welcome to the TOMI Environmental Solutions Inc. First Quarter two thousand twenty five Financial Results Conference Call. Please note this conference is being recorded. I will now turn the conference over to your host, Rosalynn Christian from IMS Investor Relations. You may begin. Speaker1 Thank you, operator, and thank you for joining us today for the TOMI Environmental Solutions Investor Update Conferen ...

Financial Performance - For the year ended December 31, 2024, total net sales increased by 5% to $7,739,000 compared to $7,355,000 in 2023[8] - Non-GAAP gross sales for the year were $7,966,000, reflecting a 6% increase from $7,483,000 in the previous year[8] - GAAP net loss for the year was $(4,477,000) or $(0.22) per share, compared to $(3,403,000) or $(0.17) per share in 2023[8] - SteraMist product-based revenues increased to $6,035,000 for the year, up from $5,781,000 in 2023, driven by higher demand for mobile and SIS units[8] - Net sales for the year ended December 31, 2024 were $7,738,842, an increase of 5.2% compared to $7,354,564 in 2023[30] - Gross profit for the year ended December 31, 2024 was $3,557,078, down 17.1% from $4,289,536 in 2023[30] - The net loss for the year ended December 31, 2024 was $4,476,762, compared to a net loss of $3,402,592 in 2023, representing an increase in loss of 31.6%[30] - Non-GAAP gross profit for the year ended December 31, 2024 was $4,789,078, an increase of 8.4% from $4,417,926 in 2023[31] - Non-GAAP net loss for the year ended December 31, 2024 was $2,049,912, compared to $2,838,399 in 2023, indicating a decrease in loss of 28%[31] Revenue Growth - International revenue grew by 33% for the year, supported by new customers in Canada, South Africa, and India[8] - Preliminary Q1 2025 revenues are expected to be approximately $1,577,000, a 42% increase from $1,114,000 in Q1 2024[19] - Sales backlog increased to $1,232,000 as of March 31, 2025, representing a 40% increase from December 31, 2024[19] Operational Metrics - The gross margin for the year was 46%, down from 58% in the prior year, while non-GAAP gross margin was 60%, up from 59%[8] - Operating expenses increased to $7,661,838 for the year ended December 31, 2024, compared to $7,638,813 in 2023, reflecting a slight increase of 0.3%[31] Assets and Liabilities - Total assets decreased from $13,357,614 in December 31, 2023 to $9,693,738 in December 31, 2024, a decline of approximately 27.5%[24] - Total liabilities increased from $4,998,720 in December 31, 2023 to $5,594,799 in December 31, 2024, an increase of approximately 11.9%[28] - Cash and cash equivalents decreased significantly from $2,339,059 in December 31, 2023 to $664,879 in December 31, 2024, a decline of about 71.6%[24] - Total shareholders' equity decreased from $8,358,894 in December 31, 2023 to $4,098,939 in December 31, 2024, a decline of approximately 51%[28] Future Outlook - The company anticipates continued improvement in 2025, driven by a strong pipeline and high-margin solution sales[9] - The company expanded partnerships with six new partners across various regions, enhancing its global distribution capabilities[8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 000-09908 TOMI ENVIRONMENTAL SOLUTIONS, INC. (Exact name of registrant as specified in its charter) (State or other jur ...

FREDERICK, Md., May 08, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its financial results for the first quarter ended March 31, 2025. TOMI Chief Executive Officer, Dr. Halden Shane, stated, “The first quarter of 2025 delivered improved financial results as we grew quarter-over-qua ...

FREDERICK, Md., May 06, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, today announced it will report results for the first quarter ended March 31, 2025, after the close of the financial markets on Thursday, May 8, 2025, and will hold a conference call at 4:30 p.m. ET that day. To participate in the call by phone, dial (877) 545-0320 approximately five minutes prior to the scheduled start time ...

Financial Data and Key Metrics Changes - GAAP revenue increased to $7.739 million in 2024 from $7.355 million in 2023, driven by higher demand for mobile systems and IHP corporate service revenue [51] - Non-GAAP revenue was approximately $8 million, reflecting nearly a 6% increase over 2023 [52] - GAAP net loss was $4.477 million or $0.22 per share compared to a net loss of $3.403 million or $0.17 per share in the prior year [57] Business Line Data and Key Metrics Changes - Mobile equipment sales totaled approximately $3.8 million in 2024, reflecting a 23% growth compared to 2023 [54] - Service revenue generated around $2 million, a 23% increase from the previous year [54] - BIT solution sales reached approximately $900,000, marking a 9% growth [54] Market Data and Key Metrics Changes - The IHP corporate service division secured contracts extending through 2026, with a 42% increase in Q1 2025 compared to the same period last year [29] - Distribution arrangements resulted in 13 partners, leading to approximately $930,000 in sales for 2024 [27] Company Strategy and Development Direction - The company aims to expand the SteriMIST IHP brand globally and has established valuable partnerships in key markets [16] - Focus on enhancing sales infrastructure by establishing new distribution channels and recruiting independent representatives [59] - Plans to nurture the pipeline of CES hybrid and SIS sales to positively impact revenue in 2025 and beyond [60] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future growth, highlighting early successes in 2025 and a healthy pipeline [15][16] - The company is focused on returning to sustainable positive cash flow as soon as possible [50] - Management acknowledged challenges in the global food market but emphasized ongoing collaborations to address these issues [30] Other Important Information - The company has reduced R&D expenses by 41%, advertising and sales commissions by 17%, and consulting expenses by 20% in 2024 [48] - The company is actively pursuing new EPA labels to support growth within the cannabis and food safety industries [69] Q&A Session Summary Question: Revenue guidance for the year and margin information - Management indicated that margins should remain around current levels and expects additional wins to follow throughout the year [85][89] Question: Impact of tariffs on the company - Management does not anticipate significant ramifications from the tariff situation at this time [100] Question: Adequacy of cash levels to address opportunities - Management is looking to raise funds and believes current cash levels, along with accounts receivable, will be sufficient [102] Question: Status of FDA ruling for 1% solution for food products - Management stated it is hard to predict due to changes within regulatory agencies [110] Question: Modifications to SteriPak - Management confirmed that they are considering upgrades to surface units but are currently marketing the existing SteriPak [112]

FREDERICK, Md., April 14, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® ("TOMI") (NASDAQ:TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its fourth quarter and year end 2024 financial results. TOMI Chief Executive Officer, Dr. Halden Shane, stated, "For the year ended December 31, 2024, we increased our year-over-year annual revenue by 5%, continu ...

TOMI Environmental Solutions, Inc. (TOMZ) Q4 2024 Earnings Conference Call April 14, 2025 04:30 PM ET Company Participants Conference Attendee - ParticipantConference Operator - OperatorJohn Nelson - Private InvestorDr. Alden Shane - Chief Executive Officer and Chairman of the BoardConference Moderator - ModeratorCompany Representative - Representative (Name Not Provided)Nick Jennings - Interim Chief Financial OfficerJohn Nesbitt - Investor Relations RepresentativeE.J. Shane - Chief Operating Officer Confer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-09908 TOMI ENVIRONMENTAL SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Florida 59-1947988 (State or other jurisdiction ...

Company Overview - TOMI Environmental Solutions, Inc. specializes in disinfection and decontamination solutions, utilizing its proprietary Binary Ionization Technology (BIT) platform [4] - The BIT solution employs a low percentage of hydrogen peroxide as its active ingredient, enhanced by patented ionized Hydrogen Peroxide (iHP) technology [4] - TOMI's products cater to a wide range of sectors, including hospitals, biosafety labs, pharmaceutical facilities, schools, and commercial buildings [4] Upcoming Financial Reporting - TOMI will report its fourth-quarter results for the period ending December 31, 2024, on April 14, 2025, after market close [1] - A conference call to discuss the results will take place at 4:30 p.m. ET on the same day [1] Participation Details - Participants can join the conference call by dialing (888) 506-0062 or (973) 528-0011 for international callers, using access code 818389 [2] - A replay of the teleconference will be available until April 28, 2025, with specific dialing instructions provided [3]