TOMI Environmental Solutions Full Year 2023 Earnings: US$0.17 loss per share (vs US$0.15 loss in FY 2022)

TOMI ENVIRONMENTAL SOLUTIONS INC +1.71%

TOMI ENVIRONMENTAL SOLUTIONS INC

TOMZ

0.59

+1.71%

TOMI Environmental Solutions (NASDAQ:TOMZ) Full Year 2023 Results

Key Financial Results

  • Revenue: US$7.35m (down 12% from FY 2022).
  • Net loss: US$3.40m (loss widened by 18% from FY 2022).
  • US$0.17 loss per share (further deteriorated from US$0.15 loss in FY 2022).
earnings-and-revenue-history
NasdaqCM:TOMZ Earnings and Revenue History April 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

TOMI Environmental Solutions Earnings Insights

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US.

Performance of the American Commercial Services industry.

The company's shares are down 12% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for TOMI Environmental Solutions (2 are significant!) that you need to be mindful of.

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