Tomi Environmental Solutions, Inc. Announces Preliminary Unaudited Revenue for Its Second Quarter Ended June 30, 2023
July 24, 2023 at 09:01 am EDT
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TOMI Environmental Solutions, Inc. announced preliminary unaudited revenue for its second quarter ended June 30, 2023. Revenue is expected to be approximately $2.8 million, an increase of an estimated $1.3 million or 90%, as compared to the revenue for the same quarterly period in 2022. The preliminary revenue represents an increase of $1.2 million, or 75% as compared to the revenue for the three months ended March 31, 2023.
TOMI Environmental Solutions, Inc. is a bacteria decontamination and infectious disease control company. The Company is engaged in offering environmentally friendly solutions for indoor air and surface disinfection and decontamination. Its flagship product, SteraMist, uses its patented and registered Binary Ionization Technology (BIT) to deliver a low-percentage (7.8%) hydrogen peroxide-based fog or mist to affect all indoor environments and surface areas. SteraMist generates ionized Hydrogen Peroxide (iHP) using cold plasma science. Its products and services include SteraPak, SteraMist Surface Unit, SteraMist Environment System, SteraMist Total Disinfection Cart, SteraMist Transport, NV+, SteraMist Custom Engineered System, SteraMist Hybrid, SteraMist Integrated System, Stainless Steel 90 Degree Applicator and iHP Corporate Service Decontamination. The Companyâs business is organized into five divisions: Healthcare, Life Sciences, TOMI Service Network, Food Safety and Commercial.