Tomi Environmental Solutions I Stock Price, News & Analysis

TOMI Environmental Solutions (NASDAQ: TOMZ), a global disinfection and decontamination solutions company, has appointed David Vanston as Chief Financial Officer effective May 30, 2025. Vanston brings over 25 years of international financial leadership experience across life sciences, manufacturing, and technology sectors. He previously held CFO positions at Jon-Don, Flexan, Arcmed-Diba Industries, and VolitionRx. Vanston holds an MBA from Warwick University and is a Fellow of the Chartered Certified Accountants in the UK. He succeeds Nick Jennings, who is retiring. TOMI specializes in Binary Ionization Technology (BIT) platform, developed under a DARPA defense grant, which uses ionized Hydrogen Peroxide technology for superior disinfection across various sectors including healthcare, biosafety, pharmaceutical, commercial, and food processing facilities.

TOMI Environmental Solutions (NASDAQ: TOMZ) reported improved Q1 2025 financial results with net sales of $1.58M, up 42% from Q1 2024. The company reduced its net loss to $(256,000) or $(0.01) per share, compared to $(1.31M) or $(0.07) per share in Q1 2024. Gross margin remained stable at 60.4%. Key highlights include: - 197% growth in SteraMist BIT solution sales - 80% increase in domestic revenue to $1.19M - Service revenue up 56% to $577,000 - Sales backlog of $1.23M, up $348,000 from December 2024 Notable developments include a $450,000 contract for a SteraMist system at a Rhode Island university, deployment at NASA Johnson Space Center, and new OEM partnership with PBSC. The company expects positive trends to continue throughout 2025.

TOMI Environmental Solutions (NASDAQ: TOMZ) has announced its upcoming first quarter 2025 financial results conference call, scheduled for May 8, 2025, after market close. The earnings call will be held at 4:30 p.m. ET, with dial-in numbers provided for both domestic (877-545-0320) and international (973-528-0002) participants using access code 616069. A webcast replay will be available for 90 days, and a teleconference replay will be accessible until May 22, 2025. TOMI specializes in disinfection and decontamination solutions through its proprietary Binary Ionization Technology (BIT™) platform, which uses ionized Hydrogen Peroxide technology developed under a DARPA defense grant.

TOMI Environmental Solutions (NASDAQ: TOMZ) reported its Q4 and full-year 2024 financial results, showing mixed performance. Annual revenue increased by 5% to $7.74 million, with international revenue growing 33%. However, the company faced significant challenges with GAAP net loss widening to $(4.48 million) or $(0.22) per share in 2024, compared to $(3.40 million) or $(0.17) per share in 2023.

Q4 2024 showed particular weakness with net sales declining to $1.07 million from $1.53 million in Q4 2023, and gross margin turning negative at -49.5%. However, preliminary Q1 2025 results indicate a strong rebound with revenue up 42% to $1.58 million and solution sales growing approximately 200% quarter-over-quarter. The company's sales backlog increased 40% to $1.23 million by March 2025.

TOMI Environmental Solutions (NASDAQ: TOMZ) has scheduled its Q4 2024 earnings conference call for April 14, 2025, at 4:30 p.m. ET, following the release of financial results after market close. The company specializes in disinfection and decontamination solutions through its proprietary Binary Ionization Technology (BIT) platform.

Investors can access the call by dialing (888) 506-0062 (US) or (973) 528-0011 (International) with access code 818389. A webcast replay will be available for 90 days, and telephone replay until April 28, 2025, using code 52313.

TOMI's BIT platform, developed under a DARPA defense grant, uses ionized Hydrogen Peroxide (iHP) technology for superior disinfection across various sectors including healthcare, biosafety, pharmaceutical, commercial, and public safety facilities.

TOMI Environmental Solutions (NASDAQ: TOMZ) has announced an OEM partnership with Pharma Biotech System Components (PBSC) to enhance its SteraMist Integrated System (SIS) product line. Through this collaboration, TOMI will offer pass-through hatches and chambers integrated with iHP technology for optimized decontamination cycles.

PBSC, a leading manufacturer of cleanroom and high containment solutions, serves pharmaceutical, medical research, and hospital sectors worldwide. The partnership leverages PBSC's expertise in high-containment enclosures while expanding SteraMist adoption in critical industries. Several projects are currently in progress, demonstrating strong market demand for this innovative system.

The partnership enhances TOMI's Binary Ionization Technology® (BIT™) platform, which uses low percentage hydrogen peroxide and patented ionized Hydrogen Peroxide (iHP™) technology for superior disinfection across various sectors including hospitals, biosafety labs, and pharmaceutical facilities.

TOMI Environmental Solutions (NASDAQ: TOMZ) has secured a significant $450,000 contract to install a SteraMist iHP Custom Engineered System (CES) at a leading Rhode Island university. The contract, secured through distributor ARES Distribution, demonstrates TOMI's competitive edge over hydrogen peroxide competitors.

The company is also in negotiations with a long-standing Boston client for a CES upgrade and expansion project. Earlier this quarter, TOMI added a SteraPak system sale at a Massachusetts private university. The company's New England territory portfolio now includes over 20 biotechnology, pharmaceutical, and research university customers.

TOMI's Binary Ionization Technology® (BIT™) platform, originally developed under a DARPA defense grant, uses ionized Hydrogen Peroxide (iHP™) technology for superior disinfection and decontamination solutions.

TOMI Environmental Solutions (NASDAQ: TOMZ) has successfully implemented its SteraMist technology at Algafeed, a company specializing in large-scale microalgae production for aquaculture. The partnership addresses Algafeed's challenge with Protozoan ciliate contamination in algae cultivation.

The implementation has effectively reduced ciliate contamination to levels that no longer impact target production volumes. Algafeed's innovative technology enables the cultivation and delivery of high-density microalgae, serving as a primary food source for shrimp, shellfish, and finfish farms.

SteraMist technology, developed under a DARPA defense grant, uses Binary Ionization Technology® (BIT™) platform with low percentage hydrogen peroxide as its active ingredient. The successful implementation demonstrates TOMI's ability to expand into the aquaculture sector while providing effective contamination solutions.

TOMI Environmental Solutions (NASDAQ: TOMZ) has announced the deployment of its SteraMist iHP technology at the NASA Johnson Space Center, marking its entry into the aerospace sector. The technology, developed through DARPA, will be used in a biosafety cabinet for handling Mars Perseverance Rover mission samples.

The deployment, facilitated through TOMI's distributor ARES Distribution, is in the final qualification process and has shown promising results in meeting NASA's planetary protection requirements. This initiative is part of TOMI's SteraMistX campaign, which focuses on aerospace, military, and exploration fields.

The company's Binary Ionization Technology® (BIT™) platform uses a low percentage hydrogen peroxide as its active ingredient and employs patented ionized Hydrogen Peroxide (iHP™) technology in all SteraMist systems for superior disinfection.