EVI INDUSTRIES, INC.
Business
EVI Industries is a value-added distributor of commercial and industrial laundry equipment, boilers, and related products, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. The company sells and leases equipment, parts, and accessories to government, institutional, industrial, commercial, and retail customers, and provides installation, maintenance, and repair services through its network of technicians. EVI serves approximately 55,000 customers primarily in the United States, Canada, the Caribbean, and Latin America, and pursues growth through organic initiatives and a buy-and-build acquisition strategy.
Summary from 10-K filed 2025-09-11
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Revenues | 390 | 354 | 354 | 267 | 242 | |
| Cost of sales | 271 | 248 | 250 | 194 | 182 | |
| Gross profit | 118 | 105 | 104 | 74 | 60 | |
| Selling, general and administrative expenses | 105 | 94 | 87 | 67 | 57 | |
| Operating income | 14 | 12 | 17 | 6 | 3 | |
| Interest expense, net | 3 | 3 | 3 | 679,000 | — | |
| Income before provision for income taxes | 11 | 9 | 14 | 6 | 10 | |
| Provision for income taxes | 4 | 3 | 4 | 2 | 2 | |
| Net income | 7 | 6 | 10 | 4 | 8 | |
| Net earnings per share basic (in Dollars per share) | 0.5 | 0.39 | 0.68 | 0.3 | 0.63 | |
| Net earnings per share diluted (in Dollars per share) | 0.49 | 0.37 | 0.67 | 0.29 | 0.61 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Cash | 9 | 5 | 6 | 4 | 6 | |
| Accounts receivable, net of allowance for expected credit losses | 60 | 41 | 48 | 43 | 29 | |
| Inventories, net | 66 | 48 | 59 | 49 | 25 | |
| Vendor deposits | 1 | 2 | 2 | 2 | 367,000 | |
| Contract assets | 289,000 | 1 | 1 | 2 | 347,000 | |
| Other current assets | 8 | 6 | 9 | 6 | 4 | |
| Total current assets | 145 | 102 | 125 | 106 | 65 | |
| Equipment and improvements, net | 18 | 14 | 13 | 13 | 11 | |
| Operating lease assets | 11 | 8 | 9 | 7 | 7 | |
| Intangible assets, net | 31 | 22 | 24 | 26 | 24 | |
| Goodwill | 92 | 75 | 73 | 71 | 64 | |
| Other assets | 11 | 10 | 9 | 7 | 7 | |
| Total assets | 307 | 231 | 254 | 231 | 178 | |
| Accounts payable and accrued expenses | 51 | 31 | 39 | 42 | 26 | |
| Accrued employee expenses | 15 | 11 | 11 | 9 | 8 | |
| Customer deposits | 24 | 24 | 23 | 21 | 10 | |
| Contract liabilities | 408,000 | — | 668,000 | 507,000 | 3 | |
| Current portion of operating lease liabilities | 4 | 3 | 3 | 3 | 2 | |
| Total current liabilities | 95 | 70 | 76 | 75 | 49 | |
| Deferred income taxes, net | 8 | 5 | 5 | 5 | 4 | |
| Long-term operating lease liabilities | 8 | 6 | 7 | 6 | 6 | |
| Long-term debt, net | 53 | 13 | 35 | 28 | 12 | |
| Total liabilities | 164 | 94 | 123 | 113 | 71 | |
| Commitments and contingencies (Note 14) | — | — | — | — | — | |
| Preferred stock, $1.00 par value; authorized shares 200,000; none issued and outstanding | — | — | — | — | — | |
| Common stock, $.025 par value; authorized shares 20,000,000; 12,983,872 shares issued at June 30, 2025 and 12,868,709 shares issued at June 30, 2024, including shares held in treasury | 325,000 | 322,000 | 318,000 | 316,000 | 310,000 | |
| Additional paid-in capital | 111 | 107 | — | — | — | |
| Treasury stock, 221,879 shares, at cost, at June 30, 2025 and 184,672 shares, at cost, at June 30, 2024 | −5 | −4 | −3 | −3 | −3 | |
| Retained earnings | 37 | 34 | 33 | 23 | 19 | |
| Total shareholders equity | 143 | 137 | 131 | 118 | 107 | |
| Total liabilities and shareholders equity | 307 | 231 | 254 | 231 | 178 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 7 | 6 | 6 | 5 | 5 | |
| Amortization of debt discount | 54,000 | 34,000 | 29,000 | 133,000 | 55,000 | |
| Provision for expected credit losses | 1 | 688,000 | 710,000 | 446,000 | 326,000 | |
| Non-cash lease expense | 143,000 | 14,000 | 93,000 | 136,000 | — | |
| Stock compensation | 5 | 5 | 3 | 3 | 2 | |
| Inventory reserve | 182,000 | 54,000 | −178,000 | −105,000 | 116,000 | |
| (Benefit) provision for deferred income taxes | −821,000 | 475,000 | 357,000 | −164,000 | 2 | |
| Other | −87,000 | 25,000 | −103,000 | — | — | |
| Accounts receivable | −11 | 7 | −6 | — | — | |
| Inventories | 211,000 | 12 | −8 | −20 | 665,000 | |
| Vendor deposits | 261,000 | 634,000 | −527,000 | — | — | |
| Contract assets | 1 | −41,000 | 338,000 | −1 | 3 | |
| Other assets | −735,000 | 2 | −4 | −433,000 | −2 | |
| Accounts payable and accrued expenses | 10 | −8 | −4 | 13 | −798,000 | |
| Accrued employee expenses | 2 | 646,000 | 2 | 814,000 | 2 | |
| Customer deposits | −742,000 | 1 | 2 | — | — | |
| Contract liabilities | 408,000 | −668,000 | 161,000 | −3 | — | |
| Net cash provided by operating activities | 21 | 33 | 940,000 | −2 | 14 | |
| Capital expenditures | −5 | −5 | −4 | — | — | |
| Cash paid for acquisitions, net of cash acquired | −47 | −2 | −2 | −12 | −5 | |
| Net cash used by investing activities | −52 | −7 | −6 | −16 | −8 | |
| Dividends paid | −5 | −4 | — | — | — | |
| Proceeds from borrowings | 106 | 63 | 77 | 65 | 54 | |
| Debt repayments | −66 | −85 | −70 | −49 | −63 | |
| Repurchases of common stock in satisfaction of employee tax withholding obligations | −716,000 | −1 | −125,000 | −205,000 | −853,000 | |
| Issuances of common stock under employee stock purchase plan | 124,000 | 116,000 | — | — | — | |
| Net cash provided (used) by financing activities | 35 | −27 | 7 | 16 | −10 | |
| Net increase (decrease) in cash | 4 | −1 | 2 | −2 | −4 | |
| Cash paid for interest | 3 | 3 | 2 | 494,000 | 511,000 | |
| Cash paid for income taxes | 3 | 5 | 3 | 430,000 | 505,000 | |
| Common stock issued for acquisitions | — | 229,000 | 503,000 | — | — | |
| Amounts owed to sellers in connection with acquisitions | 4 | — | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is EVI INDUSTRIES, INC.'s CIK number?
EVI INDUSTRIES, INC.'s SEC CIK number is 0000065312 (65312). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find EVI INDUSTRIES, INC.'s SEC filings?
All of EVI INDUSTRIES, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did EVI INDUSTRIES, INC. last report earnings?
EVI INDUSTRIES, INC. (EVI) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-016126). This is EVI INDUSTRIES, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is EVI INDUSTRIES, INC.'s most recent earnings 8-K?
EVI INDUSTRIES, INC.'s latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001437749-26-016126. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View EVI INDUSTRIES, INC.'s latest earnings 8-K →
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