---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-23-001382"
form_type: "8-K"
ticker: "EVI"
cik: "0000065312"
company_name: "EVI INDUSTRIES, INC."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T08:01:55.844756+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EVI Q1 record revenue $88.1M, net income $1.3M; one-time stock comp $1.2M

## Summary
- Record Q1 revenue $88.1M (+6% YoY); gross profit $25.7M (+5% YoY); gross margin 29.2%.
- Operating income $2.6M vs $4.4M; adjusted op income $3.8M excluding $1.2M one-time stock comp.
- Net income $1.3M (1.5% of revenue) vs $2.8M; Adjusted EBITDA $6.0M vs $6.5M.
- Operating cash flow $1.5M, improvement of $7.7M; net debt $29.7M.
- Completed acquisition of ALCO Washer Center in Northeast; technology investments ongoing.

## SEC filing metadata
- accession: 0001174947-23-001382
- form_type: 8-K
- ticker: EVI
- cik: 0000065312
- company_name: EVI INDUSTRIES, INC.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65312/000117494723001382/0001174947-23-001382-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65312/000117494723001382/form8k-31071_evi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-23-001382
- JSON: https://secwatch.observer/filing/0001174947-23-001382.json
- Plain text: https://secwatch.observer/filing/0001174947-23-001382.txt

## Key facts
- Earnings Releases
  EVI INDUSTRIES, INC. reported first quarter of its fiscal year ending June 30, 2024 results: revenue $88.1 million, net income $1.3 million.
  - Period: first quarter of its fiscal year ending June 30, 2024
  - Revenue: $88.1 million
  - Net income: $1.3 million
  - Result: reported results
  source text: expertise to the Company’s Northeast Region Fiscal First Quarter Highlights (compared to the first quarter of fiscal 2023) § Revenue increased 6% to a first quarter record $88.1 million § Gross profit increased 5% to a first quarter record $25.7 million § Gross margin was 29.2% compared to 29.4% in the same quarter of the prior fiscal year § Operating income was
  evidence_url: https://www.sec.gov/Archives/edgar/data/65312/000117494723001382/0001174947-23-001382-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.