secwatch.observer — SEC 8-K summary
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Issuer:     TOMI Environmental Solutions, Inc. (TOMZ)
CIK:        0000314227
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001654954-24-013504
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TOMI reports second consecutive quarterly profit; Q3 revenue up 73% YoY to $2.5M
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- Net income of $59k ($0.00 EPS) vs. net loss of $901k ($0.05 loss) in Q3 2023.
- Revenue $2.542M (+73% YoY); operating income $149k vs. operating loss of $901k.
- Gross margin improved to 61.4% from 55.0%; Adjusted EBITDA $219k vs. -$807k.
- International revenue grew 82% YoY driven by new customers in Canada, South Africa, and India.
- Operating expenses decreased 10% YoY due to strategic cost reductions; cash positive quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314227/000165495424013504/0001654954-24-013504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314227/000165495424013504/tomz_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-013504

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