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Earnings Call Summary | TOMI Environmental Solutions(TOMZ.US) Q1 2024 Earnings Conference

Earnings Call Summary | TOMI Environmental Solutions(TOMZ.US) Q1 2024 Earnings Conference

财报电话会议摘要 | TOMI Environmental Solutions (TOMZ.US) 2024 年第一季度财报会议
富途资讯 ·  05/16 10:57  · 电话会议

The following is a summary of the TOMI Environmental Solutions, Inc. (TOMZ) Q1 2024 Earnings Call Transcript:

以下是TOMI环境解决方案公司(TOMZ)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • TOMI reported Q1 2024 revenue of $1.114 billion, a decrease compared to $1.582 million in the same period in 2023.

  • The company's gross profit improved from 59.5% in Q1 2023 to 60.2% in Q1 2024.

  • TOMI posted an increased consolidated operating loss of $1.226 billion compared to a $1.188 million loss in Q1 2023.

  • As of March 31st, 2024, the company had $1.1 million in cash and cash equivalents, and the shareholder equity stood at $7.1 million.

  • TOMI报告称,2024年第一季度收入为11.14亿美元,与2023年同期的15.82万美元相比有所下降。

  • 该公司的毛利润从2023年第一季度的59.5%提高到2024年第一季度的60.2%。

  • TOMI公布的合并营业亏损增加了12.26亿美元,而2023年第一季度的亏损为11.88亿美元。

  • 截至2024年3月31日,该公司拥有110万澳元的现金及现金等价物,股东权益为710万美元。

Business Progress:

业务进展:

  • They saw a 27% increase in total sales and backlog, demonstrating a growing interest in TOMI technology across multiple markets.

  • Two studies showing their solution's efficiency against various virus types have been recognized by the Department of Homeland Security, which includes budget support worth $2 million.

  • Financial stability is ensured through secured contracts, promising revenues from CES installations, and anticipated closing of more contracts.

  • They are planning significant installations of SteraMist with revenue generation expected to start by end Q3 of 2024.

  • They are developing a platform for tailored education to service network members and are in the early stages of marketing SteraMist Technology in the server farm industry.

  • The aim is to establish a standard in the disinfection biohazard response industry with a commitment to continuous improvement and setting benchmarks with the SteraMist Pro certified program.

  • 他们的总销售额和待办事项增长了27%,这表明多个市场对TOMI技术的兴趣与日俱增。

  • 两项研究表明其解决方案对各种病毒类型的有效性已得到国土安全部的认可,其中包括价值200万美元的预算支持。

  • 通过有担保的合同、承诺的CES设施收入以及预计将完成更多合同,可以确保财务稳定。

  • 他们正计划安装大量SteraMist,预计将在2024年第三季度末开始创收。

  • 他们正在为服务网络成员开发量身定制的教育平台,并且处于服务器农场行业营销SteraMist Technology的初期阶段。

  • 目标是建立消毒生物危害应对行业的标准,致力于持续改进,并通过SteraMist Pro认证计划设定基准。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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