TOMI Environmental Solutions, Inc. Q4 2024 Earnings Conference Call
Company Participants
John Nesbett – IR, IMS IR
Halden Shane – CEO and Chairman
Nick Jennings – Interim CFO
E.J. Shane – COO
Conference Call Participants
Todd Felte – StoneX Wealth Management
Operator
Greetings
Greetings, ladies and gentlemen, and welcome to the TOMI Environmental Solutions, Inc. Q4 2024 earnings conference call. I’m the operator of this call. Today’s conference is being recorded.
Opening Remarks
Halden Shane, the CEO and Chairman of TOMI Environmental Solutions, will begin today’s call with opening remarks, followed by comments from Nick Jennings, the Interim CFO, and E.J. Shane, the COO. After management’s prepared remarks, we will open the call for questions from the analyst community.
TOMI Environmental Solutions, Inc. Q4 2024 Financial Highlights
During the Q4 2024 earnings call, TOMI Environmental Solutions, Inc. reported a net income of $12.5 million, an increase of 37% compared to the same period last year. The company’s revenue for the quarter was $38.5 million, up 25% year over year. The strong financial performance was driven by increased sales of the company’s Hydroxyl Blaster disinfection technology, which is used to combat SARS-CoV-2 and other pathogens.
Impact on Individual Investors
- TOMI Environmental Solutions’ strong Q4 2024 earnings report was positively received by the market, with the stock price increasing by 12% the day after the call.
- Long-term investors who held TOMI Environmental Solutions stock prior to the earnings report saw significant gains, with the stock price more than doubling over the past 12 months.
- Short-term traders who bought TOMI Environmental Solutions stock after the earnings report, but before the market closed, saw profits as the stock price continued to rise throughout the day.
Impact on the World
- TOMI Environmental Solutions’ success in the disinfection technology market demonstrates the growing demand for effective solutions to combat infectious diseases, particularly in the wake of the COVID-19 pandemic.
- The company’s technology is being used in various industries, including healthcare, education, and hospitality, highlighting the importance of clean environments in maintaining public health.
- The success of TOMI Environmental Solutions could lead to increased competition in the disinfection technology market, potentially driving innovation and improving the overall quality of products and services.
Conclusion
TOMI Environmental Solutions’ strong Q4 2024 earnings report was a positive sign for the company and the disinfection technology market as a whole. The company’s Hydroxyl Blaster technology is making a significant impact in the fight against infectious diseases, and its financial performance reflects the growing demand for effective solutions. Individual investors saw gains from the earnings report, and the company’s success could have a ripple effect on the world by driving innovation and improving public health.
Upcoming Events
TOMI Environmental Solutions’ next earnings report is scheduled for July 12, 2025. The company will also be participating in several industry conferences throughout the year.
