UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year 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___. Washington, D.C. 20549 Commission file number: 1-34167 FORM 10-K (Exact name of registrant as specified in its charter) Delaware 54-1817218 (State or other jurisdiction of incorporation or organizatio ...

e * Where Technology Means More® ePlus inc. Investor Presentation February 2022 © 2022 ePlus inc. Confidential and Proprietary. Safe Harbor Statement Statements in this presentation that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, possible adverse effects resulting from national and international political instability fostering uncertainty and volati ...

ePlus Inc. (NASDAQ:PLUS) Q3 2022 Earnings Conference Call February 3, 2022 4:30 PM ET Company Participants Mark Marron – Chief Executive Officer, President and Director Kleyton Parkhurst – Senior Vice President of Corporate Development and Assistant Secretary Elaine Marion – Chief Financial Officer Darren Raiguel – Chief Operating Officer Erica Stoecker – General Counsel Conference Call Participants Maggie Nolan – William Blair Greg Burns – SIDOTI & Company Matt Sheerin – Stifel Operator Good day, ladies an ...

Part I. Financial Information [Financial Statements](index=5&type=section&id=Item%201.%20Financial%20Statements) ePlus inc.'s unaudited consolidated financial statements as of December 31, 2021, show total assets of **$1.26 billion** and nine-month net earnings of **$81.4 million** Consolidated Balance Sheet Highlights (in thousands) | Account | Dec 31, 2021 (in thousands) | Mar 31, 2021 (in thousands) | | :--- | :--- | :--- | | **Total Current Assets** | $960,551 | $777,594 | | **Total Assets** | **$1,255,146** | **$1,076,775** | | **Total Current Liabilities** | $567,413 | $459,364 | | **Total Liabilities** | $615,850 | $514,365 | | **Total Stockholders' Equity** | $639,296 | $562,410 | Consolidated Statement of Operations Highlights (in thousands, except per share data) | Metric | Nine Months Ended Dec 31, 2021 (in thousands) | Nine Months Ended Dec 31, 2020 (in thousands) | | :--- | :--- | :--- | | **Total Net Sales** | **$1,369,500** | **$1,215,716** | | Gross Profit | $345,631 | $295,670 | | Operating Income | $112,840 | $82,745 | | **Net Earnings** | **$81,355** | **$58,844** | | Diluted EPS | $3.03 | $2.20 | Consolidated Statement of Cash Flows Highlights (in thousands) | Cash Flow Activity | Nine Months Ended Dec 31, 2021 (in thousands) | Nine Months Ended Dec 31, 2020 (in thousands) | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | ($121,542) | $5,244 | | Net cash used in investing activities | ($18,448) | ($30,659) | | Net cash provided by financing activities | $115,996 | $26,382 | | **Net (decrease) increase in cash** | **($23,996)** | **$232** | | Cash and cash equivalents, end of period | $105,566 | $86,463 | - On December 13, 2021, the company completed a two-for-one stock split, with all share and per-share amounts in the financial statements retroactively adjusted to reflect this split[35](index=35&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=27&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management highlights **12.6% net sales growth to $1.37 billion** for the nine months ended December 31, 2021, driven by strong demand, confirming sufficient liquidity for the next year [Executive Overview and Business Trends](index=30&type=section&id=Executive%20Overview%20and%20Business%20Trends) ePlus provides integrated IT solutions, with its technology segment generating **96% of net sales**, facing ongoing IT product shortages and rising inflation - The technology segment accounts for **96% of net sales** and **73% of operating income**, while the financing segment accounts for **4% of net sales** and **27% of operating income** for the nine months ended December 31, 2021[109](index=109&type=chunk) - The company is experiencing ongoing supply constraints affecting product lead times and costs, which are expected to persist for at least the next few quarters[115](index=115&type=chunk) - Inflation has led to price increases from suppliers and rising wages, but the company has generally been able to pass these costs to customers, though future material impact is not assured[116](index=116&type=chunk) [Consolidated Results of Operations](index=32&type=section&id=Consolidated%20Results%20of%20Operations) Consolidated net sales grew **12.6% to $1.37 billion** and net earnings increased **38.3% to $81.4 million** for the nine months ended December 31, 2021 Consolidated Performance (Nine Months Ended Dec 31) | Metric | 2021 (in millions) | 2020 (in millions) | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $1,369.5M | $1,215.7M | +12.6% | | Gross Profit | $345.6M | $295.7M | +16.9% | | Operating Income | $112.8M | $82.7M | +36.4% | | Net Earnings | $81.4M | $58.8M | +38.3% | | Diluted EPS | $3.03 | $2.20 | +37.7% | Consolidated Performance (Q3 Ended Dec 31) | Metric | 2021 (in millions) | 2020 (in millions) | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $494.8M | $427.6M | +15.7% | | Gross Profit | $117.1M | $98.2M | +19.3% | | Net Earnings | $26.4M | $21.6M | +22.1% | | Diluted EPS | $0.98 | $0.81 | +21.0% | - Adjusted gross billings, a non-GAAP measure, increased **14.2% to $1.982 billion** for the nine-month period, driven by the SMP acquisition and higher demand from customers in telecom, media, entertainment, and healthcare[128](index=128&type=chunk) [Segment Results of Operations](index=37&type=section&id=Segment%20Results%20of%20Operations) Technology segment net sales grew **11.7% to $1.31 billion** and operating income rose **34.0%**, while Financing segment net sales increased **41.2%** with operating income up **43.2%** Technology Segment Performance (Nine Months Ended Dec 31) | Metric | 2021 (in millions) | 2020 (in millions) | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $1,313.6M | $1,176.2M | +11.7% | | Gross Profit | $305.0M | $262.4M | +16.2% | | Operating Income | $82.6M | $61.7M | +34.0% | | Adjusted Gross Billings | $1,982.2M | $1,735.3M | +14.2% | Financing Segment Performance (Nine Months Ended Dec 31) | Metric | 2021 (in millions) | 2020 (in millions) | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $55.9M | $39.6M | +41.2% | | Gross Profit | $40.6M | $33.3M | +22.0% | | Operating Income | $30.2M | $21.1M | +43.2% | - In the Technology segment, open orders increased to **$852.9 million** as of Dec 31, 2021, from **$413.9 million** a year prior, indicating strong future demand but also reflecting supply chain delays[153](index=153&type=chunk) [Liquidity and Capital Resources](index=43&type=section&id=Liquidity%20and%20Capital%20Resources) Cash and cash equivalents decreased by **$24.0 million** to **$105.6 million** due to operating activities, largely offset by financing, with management confirming sufficient liquidity Cash Flow Summary (Nine Months Ended Dec 31, in thousands) | Cash Flow Activity | 2021 (in thousands) | 2020 (in thousands) | | :--- | :--- | :--- | | Net cash from operating activities | ($121,542) | $5,244 | | Net cash from investing activities | ($18,448) | ($30,659) | | Net cash from financing activities | $115,996 | $26,382 | - The cash conversion cycle for the technology segment increased to **47 days** from **24 days** year-over-year, driven by higher Days Sales Outstanding (DSO) and Days Inventory Outstanding (DIO)[187](index=187&type=chunk)[189](index=189&type=chunk) - On October 13, 2021, the company amended its credit facility, increasing the senior secured floorplan facility from **$275 million to $375 million** and maintaining a revolving credit sublimit of **$100 million**[69](index=69&type=chunk)[197](index=197&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=44&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risks are interest rate fluctuations on its variable-rate credit facility and foreign currency exchange rates, with foreign operations not expected to have a material impact - The company's primary market risks are related to interest rate fluctuations on its variable-rate credit facility and foreign currency exchange risk from international operations[213](index=213&type=chunk)[214](index=214&type=chunk) - Foreign operations in the UK, Europe, and Canada are considered insignificant in relation to total consolidated operations, and currency fluctuations are not expected to have a material impact[214](index=214&type=chunk)[215](index=215&type=chunk)[216](index=216&type=chunk) [Controls and Procedures](index=45&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, concluded disclosure controls and procedures were effective as of December 31, 2021, with no material changes in internal control over financial reporting - The CEO and CFO concluded that the company's disclosure controls and procedures were effective as of December 31, 2021[217](index=217&type=chunk) - No changes occurred in the company's internal control over financial reporting during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[218](index=218&type=chunk) Part II. Other Information [Legal Proceedings](index=46&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in various legal proceedings in the normal course of business, with no currently expected material adverse effects - The company is involved in various legal proceedings in the normal course of business and expenses legal costs as incurred, with outcomes not expected to have a material adverse effect[76](index=76&type=chunk)[220](index=220&type=chunk) [Risk Factors](index=46&type=section&id=Item%201A.%20Risk%20Factors) No material changes have been reported in the company's risk factors since the last Annual Report on Form 10-K and subsequent quarterly report - No material changes have been reported in the company's risk factors since the last Annual Report on Form 10-K and subsequent quarterly report[221](index=221&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=46&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During the nine months ended December 31, 2021, the company repurchased **203,429 shares**, with **852,001 shares** remaining authorized under the plan expiring May 27, 2022 Share Repurchase Activity (Nine Months Ended Dec 31, 2021) | Description | Shares | | :--- | :--- | | Total shares purchased | 203,429 | | Shares purchased as part of public plan | 147,999 | | Shares repurchased to satisfy tax withholding | 55,430 | | Remaining authorization as of Dec 31, 2021 | 852,001 | - On March 18, 2021, the board authorized the repurchase of up to **1,000,000 shares** of common stock, effective from May 28, 2021, to May 27, 2022[82](index=82&type=chunk)[225](index=225&type=chunk) [Exhibits](index=48&type=section&id=Item%206.%20Exhibits) Key exhibits filed with the Form 10-Q include credit agreements and CEO/CFO certifications - Key exhibits filed include the First Amended and Restated Credit Agreement dated October 13, 2021, and certifications by the CEO and CFO pursuant to SEC rules[233](index=233&type=chunk)

ePlus inc. (NASDAQ:PLUS) Q2 2022 Earnings Conference Call November 9, 2021 4:30 PM ET Company Participants Kleyton Parkhurst - Senior Vice President of Corporate Development and Assistant Secretary Mark Marron - Chief Executive Officer, President and Director Elaine Marion - Chief Financial Officer Conference Call Participants Matt Sheerin - Stifel Greg Burns - Sidoti Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results Conference Call. As a reminder, this conference call is bei ...

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, 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: 1-34167 ePlus inc. (Exact name of registrant as specified in its charter) Delaware 54-1817218 (State or other jurisdiction of inc ...

ePlus, Inc. (NASDAQ:PLUS) Q1 2022 Earnings Conference Call August 4, 2021 4:30 PM ET Company Participants Kley Parkhurst - Senior Vice President of Corporate Development & Assistant Secretary Mark Marron - Chief Executive Officer, President & Director Elaine Marion - Chief Financial Officer Conference Call Participants Maggie Nolan - William Blair & Company Matt Sheerin - Stifel, Nicolaus & Company Greg Burns - Sidoti & Company Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results C ...

e * Where Technology Means More® ePlus inc. Investor Presentation August 2021 © 2021 ePlus inc. Confidential and Proprietary. Safe Harbor Statement Statements in this presentation that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, possible adverse effects resulting from national and international political instability fostering uncertainty and volatili ...

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 June 30, 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: 1-34167 Registrant's telephone number, including area code: (703) 984-8400 Securities registered pursuant to Section 12(b) of the Act: ...

ePlus, Inc. (NASDAQ:PLUS) Q4 2021 Earnings Conference Call May 20, 2021 4:30 PM ET Company Participants Kley Parkhurst - SVP, Corporate Development & Assistant Secretary Mark Marron - CEO, President & Director Elaine Marion - CFO Conference Call Participants Maggie Nolan - William Blair & Company Greg Burns – Sidoti & Company Matt Sheerin - Stifel, Nicolaus & Company Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results Conference Call. As a reminder, this conference call is being r ...