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EVI INDUSTRIES, INC. (EVI) Create: Alert

All | News | Filings
Date FiledTypeDescription
10/05/2023 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing  Interact...
05/10/2023 8-K Quarterly results
Docs: "EVI Industries Reports Record Third Quarter Results on 57% Revenue Growth Entrepreneurial Culture, Strong Demand, New Acquisitions, Operating Efficiencies, and Technology Advancements Contributed to Record Results and Support Confidence in EVI’ s Long-Term Growth Strategy Miami, Florida – May 10, 2023 – EVI Industries, Inc. announced today record results for the three and nine months ended March 31, 2023, and provided commentary on its growth initiatives and financial strength. In 2016, the Company commenced the execution of its long-term buy-and-build growth strategy with a goal to build a multibillion-dollar enterprise starting in the commercial laundry industry. The Company’ s buy-and-build growth strategy includes the promotion of an entrepreneurial culture and a decentralized operati..."
02/09/2023 8-K Quarterly results
Docs: "EVI Industries Reports Record Results for Second Quarter of Fiscal 2023 Miami, Florida – February 9, 2023 – EVI Industries, Inc. announced record results in key performance measures for the three and six months ended December 31, 2022, and provided commentary on growth initiatives, technology deployments, and financial strength. As a result of the consistent execution of its long-term focused buy-and-build growth strategy, the promotion of an entrepreneurial culture, and the benefits derived from investments in technology, EVI has established itself as a leading distributor and service provider in the highly fragmented North American commercial laundry industry. Since the commencement of its long-term growth strategy, the Company has grown from one business operating from a single locatio..."
12/16/2022 8-K Quarterly results
11/08/2022 8-K Quarterly results
09/13/2022 8-K Quarterly results
Docs: "EVI Industries Reports Record Fourth Quarter and Fiscal Year 2022 Results Miami, Florida – September 13, 2022 – EVI Industries, Inc. , a leading distributor and service provider dedicated to the commercial laundry industry, today reported record fiscal fourth quarter and record fiscal year ended June 30, 2022, operating results. Fourth Quarter 2022 Financial Highlights § Revenue increased 28% to a record $83 million § Gross profit increased 36% to a record $22 million § Gross margin improved 140 basis points to approximately 27% § Gross margin, net of longer-term customer contracts, was 28% § Operating income increased 131% from $1.1 million to a record $2.6 million § Net income declined to $1.5 million from $6.8 million § Adjusted EBITDA increased 58% fr..."
05/10/2022 8-K Quarterly results
02/09/2022 8-K Results of Operations and Financial Condition, Financial Statements and Exhibits  Interactive Data
Docs: "EVI Industries Sets Multiple Records in Second Quarter Operating Results Miami, FL – February 9, 2022 – EVI Industries, Inc. announced today its results for the three and six months ended December 31, 2021. During the three-months ended December 31, 2021, the Company achieved record operating results in certain performance measures, generated $9.4 million dollars of cash from operating activities that further strengthened its already strong balance sheet, built up its backlog to over $120 million, and continued to successfully implement its advanced operating technologies and experience incrementally greater operating leverage across its modernized business units. In addition, the Company continues to execute on the buy component of its long-term growth strategy with the acquisition of its..."
12/16/2021 8-K Quarterly results
11/09/2021 8-K Quarterly results
Docs: "EVI Industries, Inc. 4500 Biscayne Boulevard, Suite 340 Miami, Florida 33137 Henry M. Nahmad, Chairman and CEO – 402-9300 Sloan Bohlen, Investor Relations – [email protected] EVI Industries Sets Multiple Records in First Quarter Operating Results Miami, FL – November 9, 2021 – EVI Industries, Inc. achieved record revenue, gross profit, gross margin, operating profit, net income, and Adjusted EBITDA for the three-months ended September 30, 2021, the first quarter of the Company’ s fiscal year ending June 30, 2022 . The Company’ s record operating results reflect continued strong demand for the Company’ s products and services, growth from continuing operations and from recent acquisitions, and the realization of certain benefits in connection with the Company’ s optimization while continuing..."
09/13/2021 8-K Quarterly results
Docs: "EVI Industries, Inc. 4500 Biscayne Boulevard, Suite 340 Miami, Florida 33137 Henry M. Nahmad, Chairman and CEO – 402-9300 Sloan Bohlen, Investor Relations – [email protected] EVI Industries Sets Records for Revenue, Gross Profit and Net Income Miami, FL – September 13, 2021 – EVI Industries, Inc. reported record fiscal fourth quarter and fiscal year ended June 30, 2021 operating results, establishing new fiscal fourth quarter records for gross profit and net income and fiscal year records for revenue, gross profit and net income, which includes a gain on the forgiveness of debt in connection with the forgiveness of PPP Loans. Earnings Conference Call The Company has provided a pre-recorded earnings conference call including a business update, which can be accessed in the “Investors” section..."
06/22/2021 8-K Quarterly results
05/11/2021 8-K Quarterly results
02/09/2021 8-K Quarterly results
12/18/2020 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
11/09/2020 8-K Quarterly results
Docs: "EVI Industries, Inc. 4500 Biscayne Boulevard, Suite 340 Miami, Florida 33137 Henry M. Nahmad, Chairman and CEO – 402-9300 Sloan Bohlen, Investor Relations – [email protected] EVI Industries Sets Record Revenue for First Quarter of Fiscal 2021 Miami, FL – November 9, 2020 – EVI Industries, Inc. announced today its financial results for the quarter ended September 30, 2020, the first quarter of the Company’ s fiscal year ending June 30, 2021 . While the COVID-19 pandemic and accompanying economic disruption continued to adversely impact the Company’ s performance, the Company achieved record revenue for the first quarter of fiscal 2021 and reduced its net debt by 18% from June 30, 2020 to $14.6 million at September 30, 2020. The Company believes that its results for the quarter reflect the a..."
10/14/2020 8-K Quarterly results
05/22/2020 8-K Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
05/11/2020 8-K Quarterly results
Docs: "EVI Industries, Inc. 4500 Biscayne Boulevard, Suite 340 Miami, Florida 33137 Henry M. Nahmad, Chairman and CEO – 402-9300 Sloan Bohlen, Investor Relations – [email protected] EVI Provides Business Update and Reports Results for the Three and Nine-Month Periods Ended March 31, 2020 Miami, FL – May 11, 2020 – EVI Industries, Inc. announced today results for the nine- and three-month periods ended March 31, 2020. While the COVID-19 pandemic and accompanying economic disruption adversely impacted the Company’ s performance, particularly resulting in a deceleration of revenue beginning in March 2020, the Company achieved record gross profit for the three-month period and record revenue, gross profit, and operating cash flows for the nine-month period. These results also reflect the Company’ s c..."
02/10/2020 8-K Quarterly results
12/17/2019 8-K Submission of Matters to a Vote of Security Holders
11/12/2019 8-K Quarterly results
09/13/2019 8-K Quarterly results
02/12/2019 8-K Quarterly results
01/25/2019 8-K Entry into a Material Definitive Agreement, Unregistered Sales of Equity Securities, Financial Statements and Exhibits
Docs: "About EVI Industries EVI Industries, Inc., through its wholly-owned subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to thousands of customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean and Latin America. Forward-Looking Statements"
12/21/2018 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits
Docs: "Certificate of Amendment to the Company’ s Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware on December 21, 2018"
12/13/2018 8-K Other Events, Financial Statements and Exhibits
Docs: "Forward-Looking Statements"
11/09/2018 8-K Quarterly results
Docs: "Q1 of Fiscal 2019 Highlights : § Revenue increased 65% to a record $43.4 million, § Gross margin dollars increased 58% to a record $9.7 million, § Gross margin, as a percentage of revenue, was lower by 1.0% due to product mix, § Operating income increased 46% to a record $1.4 million, § Net income increased 41% to a record $0.8 million, and § Adjusted EBITDA increased 53% to a record $2.4 million. The improvement in the Company’ s performance during the first quarter of fiscal 2019 compared to the first quarter of fiscal 2018 is due primarily to the results of Tri-State Technical Services, Inc. , which was acquired by EVI during the second quarter of fiscal 2018, and AAdvantage Laundry Systems, Inc. and Sky-Rent LP , which were acquired by EVI during the third..."
11/07/2018 8-K Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Creation of a Direct Financial Ob...
Docs: "Credit Agreement, by and among with EnviroStar, Inc., as Borrower, certain subsidiaries of EnviroStar, Inc. party thereto, as Guarantors, Bank of America, N.A, as Administrative Agent, Swingline Lender and L/C Issuer, Merrill Lynch, Pierce, Fenner & Smith Incorporated and U.S. Bank National Association, as Joint Lead Arrangers, Merrill Lynch Pierce, Fenner & Smith Incorporated, as Sole Bookrunner, and other lender parties thereto",
"EnviroStar, Inc. Enters into New $100 Million Credit Facility"
09/13/2018 8-K Quarterly results
Docs: "Fiscal 2018 Highlights : § Revenue increased 60% to a record $150 million, § Gross Margin increased from 22% to 24%, § Operating income increased 30% to a record $6.9 million, § Net income increased 25% to a record $4.0 million, § Adjusted EBITDA increased 59% to a record $10.1 million, and § Diluted earnings per share increased 6% to a record $0.33 per share. Revenue increased 60% largely due to the acquisitions of Tri-State Technical Services, Inc. , AAdvantage Laundry Systems, Inc. , and Sky-Rent LP during fiscal 2018. Gross margins improved from 22% to 24% reflecting the benefits of our high-margin rental/lease portfolio and a more favorable product mix. Revenue and gross profit growth were partially offset by increases in SG&A, which primarily reflect inc..."
06/25/2018 8-K Entry into a Material Definitive Agreement, Unregistered Sales of Equity Securities, Other Events, Financial Statements and E...
Docs: "Asset Purchase Agreement, by and among EnviroStar, Inc., and Scott Equipment, Inc., a Delaware corporation and a wholly owned subsidiary of EnviroStar, Inc., on the one hand, and John Scott Martin, Jr., the John S. Martin Family Limited Partnership, a Texas limited partnership, John Scott Martin, Jr. Testamentatry Trust and Scott Equipment, Inc., a Texas corporation, on the other hand. (The schedules and exhibits to the Asset Purchase Agreement are omitted pursuant to Item 601(b)(2) of Regulation S-K. EnviroStar, Inc. agrees to furnish supplementally to the Securities and Exchange Commission, upon request, a copy of any omitted schedule or exhibit)",
"EnviroStar, Inc. to Acquire Scott Equipment, Inc."
05/15/2018 8-K Quarterly results
Docs: "Third Quarter Results § Revenue increased 77% to a record $44 million § Gross Margins increased from 23% to a record 26% § Operating Income increased 26% to $1.9 million § Net Income increased 28% to $1.1 million § Adjusted EBITDA increased 45% to $2.8 million or 6.3% Nine Month Results § Revenue increased 57% to a record $106 million § Gross Margins increased from 22% to 24% § Operating Income increased 17% to a record $5.1 million § Net Income increased 25% to a record $3.2 million § Adjusted EBITDA increased 47% to $7.3 million or 6.9% Henry M. Nahmad, EVI’ s Chairman and CEO, stated: “EVI delivered another record quarter with strong revenues, increased gross margins, and the addition of two high-quality companies. While we continue to a..."
02/14/2018 8-K Quarterly results
Docs: "Second Quarter Results § Revenue increased 8% to a record $36.1 million § Gross Margins increased from 21% to 23% § Operating Income remained at $2.2 million § Net Income increased 14% to a record $1.5 million § Adjusted EBITDA increased 19% to a record $3.0 million or 8.2% of Revenue Six Month Results § Revenue increased 46% to a record $62.4 million § Gross Margins increased from 21% to 23% § Operating Income increased 12% to a record $3.2 million § Net Income increased 23% to a record $2.1 million § Adjusted EBITDA increased 48% to $4.5 million or 7.2% of Revenue During the quarter ended December 31, 2017, EVI continued to execute on its buy-and-build growth strategy by completing the acquisition of Tri-State Technical Services, Inc. on ..."
02/12/2018 8-K Acquisition/merger completed, Credit agreement amendment
Docs: "Stockholders Agreement, by and among EnviroStar, Inc., Zuf Acquisitions I LLC, a Texas limited liability company d/b/a/ AAdvantage Laundry Systems, Zuf Management LLC, Michael Zuffinetti, Ryan C. Smith, Sky-Rent LP, Sky-Rent Management LLC, and Teri Zuffinetti",
"Third Amendment and Ratification of Credit Agreement and Other Loan Documents, by and among EnviroStar, Inc., Steiner-Atlantic Corp., DryClean USA License Corp., Western State Design, Inc., Martin-Ray Laundry Systems, Inc., Tri-State Technical Services, Inc., AAdvantage Laundry Systems, Inc., and Wells Fargo Bank, National Association",
"Amended and Restated and Revolving Line of Credit Note",
"Security Agreement, by AAdvantage Laundry Systems, Inc. in favor of Wells Fargo Bank, National Association",
"Continuing Guaranty of AAdvantage Laundry Systems, Inc. in favor of Wells Fargo Bank, National Association",
"EnviroStar Completes the Acquisitions of AAdvantage Laundry Systems and Sky-Rent"
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