secwatch.observer — SEC 8-K summary
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Issuer:     EVI INDUSTRIES, INC. (EVI)
CIK:        0000065312
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001174947-23-000757
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVI Industries reports record Q3 revenue $94.1M, net income $2.8M, up 57% and 6,775% YoY
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- Revenue $94.1M (+57% YoY), gross profit $26.6M (+56%), operating income $4.5M (+2,275%).
- Net income $2.8M (+6,775% YoY), diluted EPS $0.19; adjusted EBITDA $6.7M (+216%), margin 7.2%.
- Nine-month revenue $260.1M (+41%), net income $7.8M (+202%), adjusted EBITDA $19.2M (+100%).
- Completed three acquisitions in nine months; 23 total since 2016 buy-and-build strategy.
- Net debt $34.8M; inventory +132% to $63M; ample liquidity for growth investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65312/000117494723000757/0001174947-23-000757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65312/000117494723000757/form8k-30178_evi.htm
  HTML page:      https://secwatch.observer/filing/0001174947-23-000757

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