EVI Industries posts record Q2 revenue $61M, gross margin 27.7%, EBITDA up 33%; completes 17th acquisition

EVI INDUSTRIES, INC.

2022-Q2 EPS reported $0.18 revenue$124,443,000

Revenue $61M (+6% YoY); record gross profit $17M; gross margin 27.7% (+250 bps).
Net income $0.53M vs $0.46M; record Adjusted EBITDA $3.1M (+33%).
Six-month record: revenue $124M (+8%), net income $2.5M (record), Adjusted EBITDA $7.4M (+56%).
Backlog exceeded $120M despite supply chain disruptions; over $100M available capital.
Acquired Consolidated Laundry Equipment on Feb 7, 2022 (17th acquisition), strengthening SE US market share with >$90M revenue.

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