secwatch.observer — SEC 8-K summary
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Issuer:     EVI INDUSTRIES, INC. (EVI)
CIK:        0000065312
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001174947-22-001183
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65312/000117494722001183/0001174947-22-001183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65312/000117494722001183/form8k-28956_evi.htm
  HTML page:      https://secwatch.observer/filing/0001174947-22-001183

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