EVI
EVI Industries, Inc.23.19
+0.58+2.57%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
297.86MP/E (TTM)
59.46Basic EPS (TTM)
0.39Dividend Yield
0%Recent Filings
8-K
Record Q2 revenue surges 24%
EVI Industries crushed Q2 with revenue up 24% to $115.3M, gross profit surging 29% to $35.5M at 30.8% margin, and adjusted EBITDA climbing 49% to $7.7M. Acquisitions and legacy ops fueled growth, yet investments in tech and modernization tempered operating margins. Service response times improved 13%. Cash flow stayed positive despite inventory buildup.
10-Q
Q2 FY2026 results
EVI Industries surged revenues 24% y/y to $115.3M in Q2 FY2026 ended December 31, 2025, with gross margins climbing to 30.8% from 29.7%; operating income doubled to $4.2M while QTD net income rose to $2.4M despite higher interest. Acquisitions drove growth—ASN closed August 1, 2025 for $0.5M cash, recognizing $0.6M goodwill (amortized over 15 years)—adding scale amid buy-and-build push. Cash fell to $4.3M on $5.1M operating cash offsetting $4.7M net acquisition spend and $3.6M capex, yet $43M revolver availability backs $58M debt at 5.14% through 2030. Stock comp weighs on margins. Competition squeezes pricing power.
8-K
Stockholders approve 2025 equity plan
EVI Industries stockholders approved the 2025 Equity Incentive Plan at the December 15, 2025 annual meeting, authorizing 3 million shares for options, SARs, restricted stock, and performance awards to employees, officers, directors, and consultants. All six board nominees won election with strong support. Plan aligns insider incentives with long-term value creation.
8-K
Record revenue, lower profits
EVI Industries posted record Q1 fiscal 2026 revenue of $108M, up 16%, and gross profit of $33.9M at 31.3% margin, boosted by acquisitions including Continental. Operating income fell to $3.6M from $5.0M as investments in tech modernization and integrations weighed on margins—net income $1.8M, adjusted EBITDA $6.8M. Record $5M special dividend signals confidence. Investments build long-term scale.
10-Q
Q1 FY2026 results
EVI Industries drove revenues to $108.3M for Q1 FY2026 ended September 30, 2025, up 16% y/y from $93.6M yet flat q/q, with gross margins ticking up to 31.3% from 30.8%; operating income slipped to $3.6M from $4.9M amid 27% higher SG&A from acquired businesses and growth investments, while diluted EPS fell to $0.11 from $0.21 due to the two-class method allocating earnings to unvested restricted stock. Acquisitions fueled momentum: closed ASN Laundry Group in August 2025 for $0.5M cash, recognizing $0.6M goodwill (amortized over 15 years). Cash dropped to $4.7M after $1.0M operating cash less $1.9M capex, with long-term debt at $51.0M (5.54% rate) and $48.0M revolver availability under covenants met. Acquisitions keep building scale. Competition pressures pricing and margins.
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