secwatch.observer — SEC 8-K summary
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Issuer:     EVI INDUSTRIES, INC. (EVI)
CIK:        0000065312
Form:       8-K
Filed at:   2022-09-13T23:59:59+00:00
Accession:  0001174947-22-001010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVI reports record Q4 revenue $83M and full-year revenue $267M; adjusted EBITDA up 58% and 38%
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- Q4 revenue $83M (+28% YoY); gross profit $22M (+36%); gross margin 27% (up 140 bps).
- Q4 operating income +131% to $2.6M; net income $1.5M (vs $6.8M including $7M PPP gain).
- Full-year revenue $267M (+10%); adjusted EBITDA $14.2M (+38%); operating income +97% to $6.4M.
- Completed four acquisitions in fiscal 2022; post-year-end acquired K&B Laundry and Aldrich Clean-Tech.
- Net debt $24M (vs $6M) from $12M acquisition spend and $15M working capital increase amid supply chain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65312/000117494722001010/0001174947-22-001010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65312/000117494722001010/form8k-28693_evi.htm
  HTML page:      https://secwatch.observer/filing/0001174947-22-001010

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