TOMI Q4 revenue up 40% to $2.8M; net loss narrows 58% YoY

TOMI Environmental Solutions, Inc.

Q4 revenue $2.812M (+40% YoY); FY revenue $8.338M (+8% YoY).
Net loss per share improved to ($0.04) in Q4 from ($0.10); FY loss ($0.15) vs ($0.25).
Operating loss fell 41% to ($2.882M) for FY; adjusted EBITDA loss narrowed to ($1.899M).
Customer sales backlog of $2.024M at year-end; orders up 22% YoY.
Secured orders from Avid Bioservices, NHS Wales, and a world-renowned influenza vaccine company.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

TOMI Environmental Solutions, Inc. reported the year ended December 31, 2022 results: revenue Total net revenue was $8,338,000, net income Net loss was ($2,880,000) or ($0.15) per basic and diluted share, EPS ($0.15) per basic and diluted share.

Period: the year ended December 31, 2022
Revenue: Total net revenue was $8,338,000
Net income: Net loss was ($2,880,000) or ($0.15) per basic and diluted share
EPS: ($0.15) per basic and diluted share
Result: reported results

Exact text from the filing

Financial Results for the year ended December 31, 2022, compared to December 31, 2021 · Total net revenue was $8,338,000 compared to $7,754,000, an increase of $584,000, or 8%. · Gross margin was 60.7% compared to 59.2%. The increase in gross profit was attributable to product mix in sales. · Operating loss was ($2,882,000) compared to ($4,924,000). The improved operating loss was attributable to higher sales, increased gross profit and lower operating expenses. · Net loss was ($2,880,000) or ($0.15) per basic and diluted share, compared to ($4,435,000) or ($0.25) per basic share.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

TOMI Environmental Solutions, Inc. reported the three months ended December 31, 2022 results: revenue Total net revenue was $2,812,000, net income Net loss was ($705,000) or ($0.04) per basic and diluted share, EPS ($0.04) per basic and diluted share.

Period: the three months ended December 31, 2022
Revenue: Total net revenue was $2,812,000
Net income: Net loss was ($705,000) or ($0.04) per basic and diluted share
EPS: ($0.04) per basic and diluted share
Result: reported results

Exact text from the filing

Financial Results for the three months ended December 31, 2022, compared to December 31, 2021 · Total net revenue was $2,812,000 compared to $2,010,000, an increase of $802,000, or 40%. · Gross margin was 58.6% compared to 54.5%. The increase in gross profit was attributable to product mix in sales. · Operating loss of ($706,000) compared to ($1,734,000). The improved operating loss was attributable to higher sales, increased gross profit and lower operating expenses. · Net loss was ($705,000) or ($0.04) per basic and diluted share, compared to ($1,660,000) or ($0.10) per basic share.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

TOMI Environmental Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-23-003028

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.