EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor, and a provider of advisory and technical services. Through its vast sales organization, the Company provides its customers with planning, designing, and consulting services related to their commercial laundry operations. The Company sells and/or leases its customers commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. In support of the suite of products it offers, the Company sells related parts and accessories. Additionally, through the Company's robust network of commercial laundry technicians, the Company provides installation, maintenance, and repair services to its customers. The Company's customers include retail, commercial, industrial, institutional, and government customers. Purchases made by customers range from parts and accessories, to single or multiple units of equipment, to large complex systems, as well as installation, maintenance and repair services.
Company profile
Ticker
EVI
Exchange
Website
CEO
Henry Nahmad
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DRYCLEAN USA INC, EnviroStar, Inc., METRO TEL CORP
SEC CIK
Corporate docs
Subsidiaries
Steiner Atlantic, LLC • Dryclean USA • Biz Brokers International, LLC • Western State Design, Inc. • Martin-Ray Laundry Systems, LLC • Tri-State Technical Services, LLC • AAdvantage Laundry Systems, LLC • Industrial Laundry Services Equipment, LLC • Scott Equipment, LLC • Washington Automated, LLC ...
IRS number
112014231
EVI stock data
Latest filings (excl ownership)
8-K
EVI Industries Reports Record Results for Second Quarter of Fiscal 2023
9 Feb 23
10-Q
2023 Q2
Quarterly report
9 Feb 23
8-K
Submission of Matters to a Vote of Security Holders
16 Dec 22
DEF 14A
Definitive proxy
28 Nov 22
8-K
Results of Operations and Financial Condition
8 Nov 22
10-Q
2023 Q1
Quarterly report
8 Nov 22
10-K/A
2022 FY
Annual report (amended)
28 Oct 22
8-K
EVI Industries Reports Record Fourth Quarter and Fiscal Year 2022 Results
13 Sep 22
10-K
2022 FY
Annual report
13 Sep 22
8-K
EVI Industries Sets Multiple Records in Third Quarter Operating Results; Backlog is Over $150 Million
10 May 22
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Jun 22 | Jun 21 | Jun 20 | Jun 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 4.38 mm | 4.38 mm | 4.38 mm | 4.38 mm | 4.38 mm | 4.38 mm |
| Cash burn (monthly) | (no burn) | 135.08 k | (no burn) | (no burn) | (no burn) | 481.08 k |
| Cash used (since last report) | n/a | 407.67 k | n/a | n/a | n/a | 1.45 mm |
| Cash remaining | n/a | 3.98 mm | n/a | n/a | n/a | 2.93 mm |
| Runway (months of cash) | n/a | 29.4 | n/a | n/a | n/a | 6.1 |
Institutional ownership, Q3 2022
58.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 31 |
| Opened positions | 2 |
| Closed positions | 14 |
| Increased positions | 8 |
| Reduced positions | 10 |
| 13F shares | Current |
|---|---|
| Total value | 129.99 mm |
| Total shares | 7.35 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Symmetric Capital | 2.84 mm | $46.26 mm |
| Gemmer Asset Management | 1.02 mm | $18.55 mm |
| Conestoga Capital Advisors | 714.43 k | $12.96 mm |
| Royce & Associates | 710.57 k | $12.89 mm |
| MS Morgan Stanley | 380.32 k | $6.90 mm |
| ArrowMark Colorado | 320.11 k | $5.81 mm |
| Vanguard | 294.72 k | $5.35 mm |
| Empire Life Investments | 250.43 k | $4.54 mm |
| Raymond James & Associates | 187.75 k | $3.41 mm |
| Captrust Financial Advisors | 156.61 k | $2.84 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Feb 23 | Nahmad Henry M | Common Stock, $0.025 par value per share | Payment of exercise | Dispose F | No | No | 20.74 | 2,879 | 59.71 k | 1,160,231 |
| 15 Dec 22 | Timothy P LaMacchia | Common Stock, $0.025 par value per share | Grant | Acquire A | No | No | 0 | 2,205 | 0.00 | 10,120 |
| 15 Dec 22 | Glen Kruger | Common Stock, $0.025 par value per share | Grant | Acquire A | No | No | 0 | 2,205 | 0.00 | 7,705 |
| 15 Dec 22 | David Blyer | Common Stock, $0.025 par value per share | Grant | Acquire A | No | No | 0 | 2,205 | 0.00 | 10,433 |
| 15 Dec 22 | Hal M Lucas | Common Stock, $0.025 par value per share | Grant | Acquire A | No | No | 0 | 2,205 | 0.00 | 6,218 |