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 | --- | --- | |---------------------------------------------------------------------------------------|-------------------------- ...

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, 2022 ☐ 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 | --- | --- | --- | |----------------------------------------------------------------------------|- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 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 incorporation o ...

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, 2021 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 in ...