EVI Industries (EVI) Q3 2025 Earnings Call May 11, 2025 08:00 PM ET Company Participants Henry Nahmad - Chairman, CEO & President Henry Nahmad Hello, and welcome to EVI Industries Earnings Call for the Third Quarter of the Fiscal Year Ended 06/30/2025. I am Henry Nahmad, Chairman and CEO of EVI. Before we proceed, we would like to discuss our cautionary statement. This earnings call contains forward looking statements as defined by SEC rules and regulations. Forward looking statements are subject to a numbe ...

Financial Data and Key Metrics Changes - The company reported record revenues of $280 million and record gross profit of $84 million for the fiscal year to date, with third-quarter revenues of $94 million and gross profits of $28 million, indicating strong customer demand and operational execution [3] - Operating cash flow for the fiscal year to date was $11 million, with $9 million generated in the third quarter, highlighting the quality of earnings and business model efficiency [3][7] - Despite an increase in SG&A expenses, this was attributed to strategic investments in digital infrastructure and integration of acquired businesses [3] Business Line Data and Key Metrics Changes - The acquisition of Gerbau North America is viewed as a transformational deal, enhancing operating scale, logistics infrastructure, and customer reach, while also creating cross-sell opportunities within the existing customer base [4][5] - The integration of Gerbau's operations has begun, with positive early responses from customers and employees [5] Market Data and Key Metrics Changes - The acquisition strengthens the company's presence in key growth markets and is expected to drive cost and revenue synergies, operational leverage, and improved service capabilities [5][6] Company Strategy and Development Direction - The long-term strategy focuses on expanding the customer base through acquisitions and organic growth, digitizing and modernizing the operating platform, and delivering exceptional service at scale while maintaining financial strength [9] - The company aims to be aggressive in pursuing long-term growth while being conservative in financing, allowing for sustainable execution of the buy and build strategy [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to accelerate growth and create lasting value for customers, employees, and shareholders, particularly with the addition of Gerbau and ongoing technology momentum [9] - The company has over $175 million in liquidity following a credit facility amendment, positioning it well to navigate changing market conditions [8] Other Important Information - The company emphasized the importance of its nearly 900 employees as its most valuable asset, attributing consistent progress towards long-term growth goals to their dedication [2] Q&A Session Summary - No specific questions and answers were provided in the content, thus this section is not applicable.

Financial Data and Key Metrics Changes - The company reported record revenues of $280 million and record gross profit of $84 million for the fiscal year to date, with third-quarter revenues of $94 million and gross profits of $28 million, indicating strong customer demand and operational execution [3] - Operating cash flow for the fiscal year to date was $11 million, with $9 million generated in the third quarter, highlighting the quality of earnings and business model efficiency [3][7] - SG&A expenses increased due to intentional investments in strategic areas, particularly in digital infrastructure and integration of acquired businesses [3] Business Line Data and Key Metrics Changes - The acquisition of Gerbau North America is viewed as a transformational deal, enhancing operating scale, logistics infrastructure, and customer reach, while creating substantial cross-sell opportunities [4][5] - The integration of Gerbau's operations has begun, with positive early responses from customers and employees [5] Market Data and Key Metrics Changes - The acquisition strengthens the company's presence in key growth markets and enhances value for customers through improved product availability and faster delivery [5] Company Strategy and Development Direction - The long-term strategy focuses on expanding the customer base through acquisitions and organic growth, digitizing and modernizing the operating platform, and delivering exceptional service at scale [9] - The company aims to maintain financial strength while pursuing aggressive long-term growth [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to accelerate growth and create lasting value for customers, employees, and shareholders following the acquisition of Gerbau [9] - The company has over $175 million in liquidity, allowing for sustainable execution of the buy and build strategy [8] Other Important Information - The acquisition of Gerbau North America marks the largest acquisition in the company's history and reflects the effectiveness of its buy and build strategy [4][6] Q&A Session Summary - No specific questions and answers were provided in the content.