What caused TOMZ's surprising Q2 earnings surge?

TOMZ's Q2 earnings surge can be attributed to several key factors:

1. **Revenue Growth**: TOMZ experienced a significant increase in revenue, with a reported revenue of $3.013 million for Q2 2024, a 9% increase from the previous year. This growth was primarily driven by strong demand for its mobile equipment, which contributed over 60% to the total revenue.
2. **Gross Profit Margin Improvement**: The company's gross profit margin improved to 61.5% in Q2 2024, up from 61.3% in the previous year. This indicates better operational efficiency and profitability.
3. **Operating Profit**: TOMZ reported an operating profit of $121,000 for Q2 2024, a substantial improvement from the $89,000 loss in the same period the previous year. This reflects improved cost management and operational effectiveness.
4. **Net Profit**: The company achieved a net profit of $30,000 in Q2 2024, a turnaround from a net loss of $89,000 in the previous year. This demonstrates the company's ability to generate profit after all expenses have been accounted for.
5. **Strategic Initiatives**: TOMZ's strategic initiatives, such as the SteraMist Integrated Systems and the SteraMist Pro Certified program, have contributed to the company's growth. These initiatives have likely enhanced the company's market position and customer base.
6. **International Expansion**: The company's expansion into international markets, including Canada, Mexico, the Philippines, and the UAE, has enhanced its market presence and opened up new revenue streams. This diversification has likely contributed to the revenue growth.

In summary, TOMZ's Q2 earnings surge can be attributed to a combination of revenue growth, improved gross profit margin, operating profit, and net profit, as well as strategic initiatives and international expansion.