secwatch.observer — SEC 8-K summary
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Issuer:     EPLUS INC (PLUS)
CIK:        0001022408
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0001022408-25-000078
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ePlus provides supplemental pro forma financials after sale of financing business
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- Pro forma FY2025 continuing ops net earnings $79.8M ($2.99 diluted EPS) vs. as-reported $108.0M ($4.05).
- Pro forma FY2024 continuing ops net earnings $95.1M ($3.56 diluted EPS) vs. as-reported $115.8M ($4.33).
- Sale of HoldCo to Marlin Leasing closed June 30, 2025; initial cash consideration ~$180.1M, net proceeds $156.7M.
- Supplemental data covers five fiscal years (2021-2025) and quarterly pro forma for FY2024 and FY2025.
- Contingent earn-out payments up to $10M (Lease Originations) plus uncapped Transaction Gains Earn-Out.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022408/000102240825000078/0001022408-25-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022408/000102240825000078/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001022408-25-000078

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