Evi Industries Earnings Reports

EVI Industries, Inc. reported a net income of $1,041,000 for the three months ended March 31, 2025, a slight increase from $956,000 in the prior year. Revenues for the quarter increased by 11% to $93,538,000, primarily due to price increases and contributions from recent acquisitions. Operating expenses also rose by 10%, impacting overall profitability.

EVI Industries reported record revenue of $93 million and record gross profit of $28 million for the second quarter ended December 31, 2024. The company's investments in sales and service teams and technology initiatives impacted operating profits but are expected to yield positive returns in the future. The company also completed two acquisitions during the six-month period ended December 31, 2024

EVI Industries reported record first quarter results with achievements in revenue, gross profit, operating profit, and net income. The company also completed one acquisition and invested in long-term growth and efficiency initiatives.

EVI Industries reported flat revenue for fiscal 2024 compared to fiscal 2023, but achieved record gross profit, record gross margin, and record operating cash flow for the year. The company generated record operating cash flow during the fourth quarter and increased investments across key initiatives.

EVI Industries announced its Q3 results, which included record revenue, gross profit, and operating cash flows for the nine-month period. The company's operating cash flow for the quarter was a record $9.4 million, contributing to a 36% decrease in net debt.

EVI Industries reported record second-quarter results, including record revenue, gross profit, and operating cash flows. The company's financial strength was maintained through investments in sales and service personnel and advanced technologies.

EVI Industries reported record revenue and gross profit for the first quarter of fiscal year 2024. The company's performance was driven by increased product availability, a larger sales organization, sustained gross margins, and strategic investments in technology and acquisitions.

EVI Industries reported record results for the fourth fiscal quarter and the fiscal year ended June 30, 2023, driven by acquired businesses, organic growth, consistent order fulfillment, and recurring demand for replacement parts.

EVI Industries announced record results for the third quarter ended March 31, 2023, driven by a 57% increase in revenue. The company's growth strategy, entrepreneurial culture, and investments in technology contributed to the record performance. Net income margin for the three month period ended March 31, 2023 was 2.9%.

EVI Industries reported record revenue of $83 million for the quarter ended December 31, 2022, a 36% increase compared to the same period last year, leading to record net income and adjusted EBITDA, with an adjusted EBITDA margin of 7.2%.

EVI Industries reported a record fourth quarter with revenue of approximately $83 million, a 28% increase over the same period in fiscal 2021. Gross profit also increased by 36% to a record $22 million. Operating income increased 131% from $1.1 million to $2.6 million.

EVI Industries reported a decrease in revenue by 4.0% compared to the same period last year, but achieved record gross profits and gross margins. The company's backlog increased by over 20% to nearly $150 million.

EVI Industries reported a 6% increase in revenue to $61 million and record gross margins of 28% for the second quarter of fiscal 2022. The company also achieved a record Adjusted EBITDA of $3.1 million, a 33% increase compared to the previous year, despite supply chain disruptions and inflationary pressures.

EVI Industries achieved record revenue, gross profit, gross margin, operating profit, net income, and Adjusted EBITDA for the three-months ended September 30, 2021, driven by strong demand, growth from continuing operations and acquisitions, and benefits from optimization efforts while recovering from the COVID-19 pandemic.

EVI Industries reported record fiscal fourth quarter and fiscal year ended June 30, 2021 operating results, establishing new fiscal fourth quarter records for gross profit and net income and fiscal year records for revenue, gross profit and net income.

EVI Industries reported a record revenue of $62 million for the fiscal third quarter, a 6% increase over the same period of the prior fiscal year and an approximately 9% increase compared to the prior fiscal quarter. The company also achieved record gross profit, and adjusted EBITDA. The company acquired Eastern Laundry Systems during the quarter.

EVI Industries reported a decline in revenue for the three and six-month periods ended December 31, 2020, but experienced record gross profit and increased gross margins during the second fiscal quarter. The company continued to execute its long-term growth strategy through acquisitions and operational optimization.

EVI Industries reported record revenue of $58 million for the first quarter of fiscal 2021, a 4.0% increase year-over-year. Net income decreased to $518,000, while adjusted EBITDA was $2.5 million. The company also reduced its net debt by 18% to $14.6 million.

EVI Industries faced challenges in Q4 2020 due to the COVID-19 pandemic, experiencing a 16% revenue decrease compared to the previous year. However, the company achieved record revenue for the full fiscal year, driven by its buy-and-build growth strategy and organic growth initiatives. The company also reduced net debt by 50% and generated record operating cash flow.

EVI Industries announced results for the three-month period ended March 31, 2020. The COVID-19 pandemic adversely impacted the Company’s performance, particularly resulting in a deceleration of revenue beginning in March 2020, the Company achieved record gross profit for the three-month period.

EVI Industries announced record revenue, gross profit, and operating cash flows for the second quarter of fiscal year 2020. The company's performance reflects its buy-and-build growth strategy and organic growth.