secwatch.observer — SEC 8-K summary
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Issuer:     EVI INDUSTRIES, INC. (EVI)
CIK:        0000065312
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001174947-23-000195
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVI Industries reports record Q2 results: revenue $82.6M, net income $2.2M, adjusted EBITDA $5.9M
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- Revenue record $82.6M (+36% YoY), net income record $2.2M (+321%), diluted EPS $0.15.
- Gross margin improved 230 bps to 30.0%; adjusted EBITDA margin 7.2%.
- Six-month revenue $166.1M (+33%), net income $5.1M (+99%).
- Completed twenty-third acquisition (Wholesale Commercial Laundry Equipment SE) in commercial laundry distribution.
- Net debt $32.5M, increased $9M from June 2022 due to working capital and acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65312/000117494723000195/0001174947-23-000195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65312/000117494723000195/form8k-29381_evi.htm
  HTML page:      https://secwatch.observer/filing/0001174947-23-000195

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