TOMI Environmental Solutions Reports Revenue Growth Amid Losses

Tomi Environmental Solutions, Inc. ( (TOMZ) ) has released its Q4 earnings. Here is a breakdown of the information Tomi Environmental Solutions, Inc. presented to its investors.

TOMI Environmental Solutions, Inc. is a global company specializing in disinfection and decontamination through its Binary Ionization Technology (BIT) platform, marketed under the SteraMist brand. The company operates in the environmental solutions sector, focusing on indoor surface disinfection across various industries.

In its latest earnings report, TOMI Environmental Solutions announced a 5% year-over-year increase in annual revenue for 2024, alongside the expansion of its customer base and product line. Despite these positive developments, the company reported a GAAP net loss for both the fourth quarter and the full year, attributed to significant non-cash charges.

Key financial highlights include a net sales increase to $7.739 million in 2024 from $7.355 million in 2023, and a non-GAAP gross margin improvement to 60.1% from 59%. The company also reported a substantial increase in international revenue by 33%, with new partnerships established in regions such as Canada, South Africa, and India. However, the GAAP operating loss widened to $4.105 million from $3.349 million the previous year.

TOMI has made strategic moves to strengthen its market position, including expanding its partnership with Betatek, Inc. in Canada and securing new contracts across various industries. The company also reported a strong start to 2025, with preliminary Q1 revenues up 42% compared to the same period last year.

Looking ahead, TOMI Environmental Solutions is optimistic about its growth prospects, supported by a robust sales pipeline and high-margin solutions. The company aims to continue enhancing its profitability throughout 2025 by leveraging its expanded global partnerships and product offerings.