EVI Industries Q1 FY2023 revenue +31% to record $83.4M; EPS $0.20

EVI INDUSTRIES, INC.

2023-Q1 EPS reported $0.20 revenue$83,428,000

Gross profit record $24.5M (+39%); gross margin 29.4% (+170 bps).
Operating income record $4.4M (+64%); net income record $2.8M (+41%).
Adjusted EBITDA record $6.5M, 8.0% of revenue, up 90 bps.
Completed two acquisitions in quarter (K&B Laundry, Aldrich); one post-quarter (Wholesale Commercial Laundry SE).
Net debt $32.1M; credit facility renewed at $140M; balance sheet strong.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EVI INDUSTRIES, INC. reported first quarter ended September 30, 2022 results: revenue $83.4 million, net income $2.8 million, EPS $0.20.

Period: first quarter ended September 30, 2022
Revenue: $83.4 million
Net income: $2.8 million
EPS: $0.20
Result: reported results

Exact text from the filing

Revenue increased 31% to a record $83.4 million

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Source: SEC EDGAR

accession 0001174947-22-001183

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