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TOMI Environmental Solutions (TOMI Environmental Solutions) Operating Income : $-3.39 Mil (TTM As of Mar. 2024)


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What is TOMI Environmental Solutions Operating Income?

TOMI Environmental Solutions's Operating Income for the three months ended in Mar. 2024 was $-1.23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.39 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. TOMI Environmental Solutions's Operating Income for the three months ended in Mar. 2024 was $-1.23 Mil. TOMI Environmental Solutions's Revenue for the three months ended in Mar. 2024 was $1.11 Mil. Therefore, TOMI Environmental Solutions's Operating Margin % for the quarter that ended in Mar. 2024 was -110.05%.

TOMI Environmental Solutions's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TOMI Environmental Solutions's annualized ROC % for the quarter that ended in Mar. 2024 was -54.14%. TOMI Environmental Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -69.65%.


TOMI Environmental Solutions Operating Income Historical Data

The historical data trend for TOMI Environmental Solutions's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TOMI Environmental Solutions Operating Income Chart

TOMI Environmental Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.08 4.51 -4.92 -2.88 -3.35

TOMI Environmental Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.19 -0.09 -0.90 -1.17 -1.23

TOMI Environmental Solutions Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.39 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TOMI Environmental Solutions  (NAS:TOMZ) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

TOMI Environmental Solutions's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-4.904 * ( 1 - 0% )/( (9.076 + 9.041)/ 2 )
=-4.904/9.0585
=-54.14 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

TOMI Environmental Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.868/( ( (1.517 + max(5.516, 0)) + (1.512 + max(5.433, 0)) )/ 2 )
=-4.868/( ( 7.033 + 6.945 )/ 2 )
=-4.868/6.989
=-69.65 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.43 + 4.627 + 0.401) - (1.943 + 0 + -0.0010000000000003)
=5.516

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.116 + 4.646 + 0.508) - (1.824 + 0.014 + -0.0010000000000001)
=5.433

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

TOMI Environmental Solutions's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-1.226/1.114
=-110.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


TOMI Environmental Solutions Operating Income Related Terms

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TOMI Environmental Solutions (TOMI Environmental Solutions) Business Description

Traded in Other Exchanges
N/A
Address
8430 Spires Way, Frederick, MD, USA, 21701
TOMI Environmental Solutions Inc is a global bacteria decontamination and infectious disease control company, providing environmental solutions for indoor surface decontamination through the manufacturing, sales, service and licensing of its SteraMist brand of products, including SteraMist BIT, a low percentage (7.8%) hydrogen peroxide-based fog or mist that uses Binary Ionization Technology (BIT). Its product portfolio includes SteraMist Surface Unit; SteraMist Environment System; The SteraMist Total Disinfection Cart; SteraMist Select Surface Unit; Stainless Steel 90 Degree Applicator; iHP Plasma Decontamination Chamber; SteraMist Custom Engineered System (CES); and iHP Corporate Service Decontamination.
Executives
Shane Dr. Halden Stuart director, 10 percent owner, officer: Chief Executive Officer C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 8430 SPIRES WAY, FREDERICK MD 21701
Nick Jennings officer: Chief Financial Officer C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 8430 SPIRES WAY, SUITE N, FREDERICK MD 21701
Boh Soon Lim director 56 YUK TONG AVENUE, SINGAPORE U0 596357
Sok Huy Lau 10 percent owner 96 ROBINSON ROAD, SINGAPORE U0 068899
Elissa Jessica Shane officer: Chief Operating Officer C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 8430 SPIRES WAY, SUITE N, FREDERICK MD 21701
Environmental Solutions Holding Pte. Ltd 10 percent owner 96 ROBINSON ROAD #11-04, SIF BUILDING, SINGAPORE U0 068899
Arise Asset Management Pte Ltd 10 percent owner 8 WILKIE ROAD, #03-01 WILKIE EDGE, SINGAPORE U0 228095
Ron E Ainsworth director 4651 BRIGHTON RD, CORONA DEL MAR CA 92625
Kelly Anderson director C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Robert Wotczak officer: President C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 5111 PEGASUS COURT, FREDERICK MD 21704
Walter C Johnsen director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Edward J Fred director C/O CPI AEROSTRUCTRUES INC, 200A EXECUTIVE DRIVE, EDGEWOOD NY 11717
Harold Paul director HAROLD PAUL, LLC, PO BOX 33812, SANTA FE NM 87594
Norris Gearhart officer: Chief Operating Officer C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212