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Sep 30, 2021
Evi Industries Q1 2022 Earnings Report
Achieved record revenue, gross profit, gross margin, operating profit, net income, and Adjusted EBITDA.
Key Takeaways
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.
Record operating results reflect continued recovery across end customer categories.
Success in overcoming product shortages, shipping challenges, and rising product costs.
Leveraged market leadership position and commercial and operational capabilities to gain market share.
Confident in ability to continue to build business and deliver superior results during fiscal 2022 and beyond.
Evi Industries
Evi Industries
Forward Guidance
The company continues to pursue acquisition and other strategic opportunities in the commercial laundry industry and across other product and service categories.