UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14757 EVI Industries, Inc. (Exact name of registrant as specified in its charter) Delaware 11-2014231 (State or other jurisdiction of (I.R. ...

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced today that its Chairman and CEO, Henry M. Nahmad, will participate in the Sidoti March Small-Cap Virtual Conference. Mr. Nahmad is scheduled to host one-on-one meetings with registered investors on March 13 and 14, 2024. To schedule a one-on-one meeting, please contact the Sidoti Marketing & Events team at conference@sidoti.com. EVI executes a buy-and-build strategy focused on long-term growth and shareholder value creation. During ...

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) announced today results for the three- and six-month periods ended December 31, 2023, including record revenue, gross profit, and operating cash flows. The Company also provided commentary on its results of operations, financial strength, growth initiatives, and the status of its technology investments. Click here to listen to the Company’s recorded earnings conference call. Through disciplined execution of its long- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14757 EVI Industries, Inc. (Exact name of registrant as specified in its charter) Delaware 11-2014231 (State or other jurisdiction of (I ...

Financial Data and Key Metrics Changes - EVI achieved record revenue of $88 million for Q1 fiscal '24, reflecting a 6% year-over-year increase and record gross profits of approximately $26 million, resulting in a gross margin of 29.2% [2][19] - The company maintained a strong balance sheet with approximately $30 million of net debt and generated $1.5 million in cash flow from operations, reflecting a $7.7 million increase compared to the same period last year [2][9][8] - SG&A expenses increased by approximately $3 million or 15%, with a one-time stock compensation expense of $1.2 million contributing to this rise [6][20] Business Line Data and Key Metrics Changes - The increase in revenue was driven by a larger sales organization and increased product availability to meet steady customer demand, leading to growth in parts, installation, and routine service revenues [19] - The increase in SG&A included $1 million in additional selling expenses and $800,000 in technology investments related to new business acquisitions [20] Market Data and Key Metrics Changes - EVI's growth strategy has resulted in compounded annual growth rates of 37% in revenue, 24% in net income, and 35% in adjusted EBITDA since 2016 [5] - The company completed the acquisition of ALCO Washer Center, enhancing its market share in the northeast region of the United States [10] Company Strategy and Development Direction - EVI is focused on a buy-and-build growth strategy to establish itself as a leader in the North American commercial laundry distribution and service market [5][14] - The company is investing in technology, particularly in ERP systems, to modernize operations and improve efficiency, which is expected to facilitate market share growth and enhance customer service [11][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a strong deal pipeline and the attractiveness of EVI to business owners and prospective leaders [11][15] - The company emphasized the importance of managing financial resources effectively to achieve sustainable long-term growth [22][23] Other Important Information - The company has maintained a low leverage position, allowing for ample liquidity to invest in growth opportunities [22] - EVI's technology investments are aimed at transforming customer experience and improving operational efficiency [27][26] Q&A Session Summary Question: What are the expectations for future growth and acquisitions? - Management indicated a strong deal pipeline and confidence in attracting new business owners and leaders to join EVI [11][15] Question: How is the company managing its financial resources? - The company highlighted its thoughtful and risk-mitigating approach to capital allocation, which has historically positioned it for success [23] Question: What are the benefits of the recent ERP system investments? - The new ERP system provides analytics for better decision-making and is expected to enhance operational efficiency and customer service [26][25]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Delaware 11-2014231 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 4500 Biscayne Blvd., Suite 340, Miami, FL 33137 (Address of principal executive offices) (305) 402-9300 (Registrant's telephone number, including area code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITI ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________________________ to ____________________________________ Commission file number 001-14757 EVI Industries, Inc. (Exact name of registrant as specified in its charte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14757 EVI Industries, Inc. (Exact name of registrant as specified in its charter) Delaware 11-2014231 (State or other jurisdiction of (I.R. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14757 EVI Industries, Inc. (Exact name of registrant as specified in its charter) Delaware 11-2014231 (State or other jurisdiction of (I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14757 | --- | --- | |---------------------------------------------------------------------------------------|-------------------------- ...