Latest news with #HaldenShane
Yahoo
12-06-2025
- Business
- Yahoo
SteraMist Named Disinfection and Decontamination Products Company of the Year 2025
FREDERICK, Md., June 12, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® ('TOMI') (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, today is proud to announce it has been honored with the prestigious "Disinfection and Decontamination Products Company of the Year 2025" award by MedTech Outlook. This recognition highlights TOMI's unwavering commitment to excellence and the strong confidence customers and industry peers have in its SteraMist iHP technology. The selection process for this esteemed award involved an evaluation conducted by an expert panel of highly respected C-level executives, influential industry thought leaders, and a distinguished editorial board. Their collective assessment led to SteraMist emerging as the clear leader in disinfection and decontamination products for 2025. "We are incredibly honored to receive this prestigious award,' stated Dr. Halden Shane, CEO of TOMI Environmental Solutions. 'This recognition validates our ongoing commitment to providing the most effective and trusted disinfection and decontamination technology to our customers. We are especially grateful for the support and the industry experts who recognized our efforts." SteraMist remains dedicated to advancing its innovative iHP technology and maintaining its position at the forefront of the disinfection and decontamination industry, continuously striving to exceed the expectations of its global customer base. TOMI™ Environmental Solutions, Inc.: Innovating for a safer world® TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ ) is a global decontamination and infection prevention company, providing environmental solutions for disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage hydrogen peroxide as its only active ingredient and uses patented ionized Hydrogen Peroxide (iHP™) technology in all SteraMist systems to create superior disinfection. TOMI products are designed to service a broad spectrum of use sites, including, but not limited to, hospitals and medical facilities, biosafety labs, pharmaceutical facilities, commercial and office buildings, schools, restaurants, meat and produce processing facilities, and police and fire departments. For additional information, please visit or contact us at info@ Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to TOMI's products. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, our ability to maintain and manage growth and generate sales, our reliance on a single or a few products for a majority of revenues; the general business and economic conditions; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed by us with the SEC and other periodic reports we filed with the SEC. The information provided in this document is based upon the facts and circumstances known at this time. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and we undertake no duty to update such information, except as required under applicable law. INVESTOR RELATIONS CONTACT:John Nesbett/Rosalyn ChristianIMS Investor Relationstomi@
Yahoo
09-05-2025
- Business
- Yahoo
TOMI Environmental Solutions Inc (TOMZ) Q1 2025 Earnings Call Highlights: Strong Sales Growth ...
Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. TOMI Environmental Solutions Inc (NASDAQ:TOMZ) reported a 42% increase in total sales for Q1 2025 compared to Q1 2024. The company experienced a 169% surge in bit solution sales year-to-date compared to the same period last year. TOMZ's gross margin improved slightly to 60.4% in Q1 2025 from 60.2% in the same period last year. The company has expanded its customer base, including new clients like a division of the US Army and a children's hospital in Philadelphia. TOMZ is actively expanding its distribution channels and recruiting independent representatives to support new sales initiatives. TOMZ reported an operating loss of approximately $754,000 for Q1 2025, though this is an improvement from the previous year. The company's net loss was approximately $256,000 for the quarter. There is uncertainty regarding the impact of international tariffs, as seen with a 15% tariff issue in South Korea. The timeline for implementation of some projects, such as the hybrid system at Merck, is still being determined. The company is still in the early stages of development for some initiatives, making it challenging to provide precise estimates for expected outcomes. Warning! GuruFocus has detected 6 Warning Signs with TOMZ. Q: Do you have any financial goals for the year 2025 that you can share with us? A: We know that 2025 is going to be a great year. We're trying not to project forward, but we're confident that we'll improve on last year's numbers. - Dr. Halden Shane, CEO and Chairman Q: Do you anticipate any effects from the tariffs trade policy? A: It's hard to tell as it's changing daily. We had a minor issue with South Korea regarding a 15% tariff, but we're working with our distributor. We're not facing significant problems with international sales due to tariffs. - Dr. Halden Shane, CEO and Chairman Q: With the government's recent budget and staff cuts at various agencies, do you anticipate any significant problems for TOMI? A: No, we actually see an increase in government sectors that utilize our products. This should be beneficial for us as they need our products for disinfection and decontamination. - Dr. Halden Shane, CEO and Chairman Q: Any new developments on food safety? A: We are receiving a lot of interest and requests for quotes. Large companies are using our products, and we believe food safety will surpass life sciences in time. We're also getting requests from universities for testing in food safety. - Dr. Halden Shane, CEO and Chairman Q: Has anything materialized regarding the use of Steramist for the prevention of bird flu transmission? A: We have remediators and professional cleaners using our product for that, but governments are treating it as a regular flu. However, there's an increase in individuals wanting to use it for disinfection and decontamination. - Dr. Halden Shane, CEO and Chairman Q: Are there any new developments on Steramist as an ethylene oxide replacement? A: We are in talks with companies to replace ethylene oxide with Steramist, and negotiations are ongoing in those spaces. - Dr. Halden Shane, CEO and Chairman Q: Was the order for treating pacemakers by the medical device manufacturer used as a replacement for ethylene oxide? A: That particular order was not a replacement. We helped them develop a new protocol for their use, which could lead to replacing ethylene oxide in the future. - Nick Jennings, Interim CFO Q: Could you provide more color on what's driving the strong solution sales? A: Our model is a razor-razor blade model, where we sell technology and then the solutions. We've recently received large orders from customers using our products more, and we anticipate this trend to continue. - Dr. Halden Shane, CEO and Chairman For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-03-2025
- Business
- Yahoo
TOMI Environmental Solutions to Present at the Q1 Investor Summit Event
FREDERICK, Md., March 06, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® ('TOMI') (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced that Dr. Halden Shane, Chairman of the Board and Chief Executive Officer of TOMI, will be participating in the Q1 Investor Summit Event, to be held virtually on March 11, 2025. Tomi Environmental will be presenting at the conference on March 11, 2025, at 10:30 am Eastern Time. The Company will be available for one-on-one meetings during the conference. To register for an investor meeting, visit TOMI™ Environmental Solutions, Inc.: Innovating for a safer world® TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ) is a global decontamination and infection prevention company, providing environmental solutions for disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology ® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage hydrogen peroxide as its only active ingredient and uses patented ionized Hydrogen Peroxide (iHP™) technology in all SteraMist systems to create superior disinfection. TOMI products are designed to service a broad spectrum of use sites, including, but not limited to, hospitals and medical facilities, biosafety labs, pharmaceutical facilities, commercial and office buildings, schools, restaurants, meat and produce processing facilities, and police and fire departments. For additional information, please visit or contact us at info@ Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to conference participation. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, our ability to maintain and manage growth and generate sales, our reliance on a single or a few products for a majority of revenues; the general business and economic conditions; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed by us with the SEC and other periodic reports we filed with the SEC. The information provided in this document is based upon the facts and circumstances known at this time. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and we undertake no duty to update such information, except as required under applicable law. INVESTOR RELATIONS CONTACT: John Nesbett/Rosalyn Christian IMS Investor Relations tomi@ in to access your portfolio
Yahoo
30-01-2025
- Business
- Yahoo
TOMI Environmental Reports Strong Start to 2025 with January Revenue Growth
FREDERICK, Md., Jan. 30, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® ('TOMI') (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, today announced positive momentum in early revenue trends for the Company with year-over-year growth in its BIT Solution sales and iHP Corporate Service. Sales in January 2025 for BIT Solution have increased 159% when compared to the same period last year. iHP Corporate Service revenue maintains its steady growth, with an 89% increase in completed services this month as compared to January 2024. Dr. Halden Shane, Chairman of the Board and Chief Executive Officer of TOMI stated, 'We are encouraged by the strong performance of our BIT Solution and iHP Corporate Service segments, which reflects increased customer engagement and a growing recognition of our advanced disinfection technology. 'Our team has observed an encouraging shift in customer engagement, with key decision-makers formalizing project timelines with high levels of commitment for our larger-scale initiatives. We expect to maintain a strong revenue performance for the remainder of 2025 as we continue to execute our business strategies and deliver our products and services for our customers.' The revenue information above represents preliminary financial results that have not been finalized, and may be subject to adjustment based on TOMI's completion of quarter-end financial closing processes for the three months ending March 31, 2025. TOMI™ Environmental Solutions, Inc.: Innovating for a safer world® TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ ) is a global decontamination and infection prevention company, providing environmental solutions for disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage hydrogen peroxide as its only active ingredient and uses patented ionized Hydrogen Peroxide (iHP™) technology in all SteraMist systems to create superior disinfection. TOMI products are designed to service a broad spectrum of use sites, including, but not limited to, hospitals and medical facilities, biosafety labs, pharmaceutical facilities, commercial and office buildings, schools, restaurants, meat and produce processing facilities, and police and fire departments. For additional information, please visit or contact us at info@ Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to TOMI's anticipated revenue performance for 2025. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, our ability to maintain and manage growth and generate sales, our reliance on a single or a few products for a majority of revenues; the general business and economic conditions; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed by us with the SEC and other periodic reports we filed with the SEC. The information provided in this document is based upon the facts and circumstances known at this time. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and we undertake no duty to update such information, except as required under applicable law. INVESTOR RELATIONS CONTACT:John Nesbett/Rosalyn ChristianIMS Investor Relationstomi@ in to access your portfolio
