TOMI Environmental Q3 revenue $1.76M, net loss $653K; orders up 5% YoY

TOMI Environmental Solutions, Inc.

2022-Q3 EPS reported -$0.11 revenue$5,526,598

Q3 revenue $1.76M (down 20% YoY); gross margin improved to 60.9% from 59.6%.
Net loss $653K ($0.03/sh) flat YoY; operating loss widened to $654K from $487K.
Nine-month customer orders $7.9M (+25% YoY); sales backlog $2.66M as of Sept 30.
Cash $4.3M; working capital $9.3M; sequential revenue growth 20% from Q2 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TOMI Environmental Solutions, Inc. reported third quarter ended September 30, 2022 results: revenue $1,760,000, net income ($653,000), EPS ($0.03) per basic and diluted share.

Period: third quarter ended September 30, 2022
Revenue: $1,760,000
Net income: ($653,000)
EPS: ($0.03) per basic and diluted share
Result: reported results

Exact text from the filing

sales pipeline as we head into 2023,” Dr. Shane concluded. Financial Results for the Three Months Ended September 30, 2022 compared to September 30, 2021 · Total net revenue was $1,760,000 compared to $2,205,000. · Gross margin was 60.9% compared to 59.6%. · Operating loss of ($654,000) compared to ($487,000). · Net loss was ($653,000) or ($0.03) per basic and

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Source: SEC EDGAR

accession 0001654954-22-015018

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