secwatch.observer — SEC 8-K summary
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Issuer:     EVI INDUSTRIES, INC. (EVI)
CIK:        0000065312
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001174947-21-001012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVI Industries posts record Q1: revenue $64M (+10%), net income $2.0M, adj. EBITDA $4.4M (+78%)
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- Record revenue of $64M (+10% YoY); gross margin expanded 470 bps to 27.7%.
- Net income rose to $2.0M from $0.52M; Adjusted EBITDA up 78% to $4.4M (7.0% margin).
- Supply chain disruptions impacted sales; backlog grew; company raised prices to offset inflation.
- Net debt $17M; operating cash flow –$10M on higher receivables and inventory for growth.
- Over $100M available capital for buy-and-build acquisition strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65312/000117494721001012/0001174947-21-001012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65312/000117494721001012/form8k-26951_evi.htm
  HTML page:      https://secwatch.observer/filing/0001174947-21-001012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer