TOMZ - TOMI Environmental Solutions

[benbuffett]

Anyone familiar with this company. Looks like its been in biz or public about 12yrs. As the name states there in the environmental pollution & treatment business. Micro cap company 72mil mkt cap, 23mil in annual revenue, low P/E. Last quarter sales were up 168%. I'm assuming because of covid they have had this recent surge. Management has skin in game. Looks like they've hired some recent seasoned sales management positions. Looks like their patent SteraMist product could have wide use. Looks like their. competitors are private or subsidiaries of larger corp.

[ContrarianValue44]

On 3/23/2021 at 11:50 AM, benbuffett said:

Anyone familiar with this company. Looks like its been in biz or public about 12yrs. As the name states there in the environmental pollution & treatment business. Micro cap company 72mil mkt cap, 23mil in annual revenue, low P/E. Last quarter sales were up 168%. I'm assuming because of covid they have had this recent surge. Management has skin in game. Looks like they've hired some recent seasoned sales management positions. Looks like their patent SteraMist product could have wide use. Looks like their. competitors are private or subsidiaries of larger corp.

Hi, hope that you are doing well. Most of the company's products are disinfectants and decontaminatiors, which unsurprisingly would do phenomenally during COVID - the company managed to have a positive Operating Income for the first time in 2020. Yet, I suspect that demand for these products could fall significantly as COVID improves. Therefore the company could regress back to how it was pre-COVID.

 

Hope that's helpful, it's just one person's opinion

[benbuffett]

Thanks ContrarianValue4