Evi Industries, Inc.EVI

NYSEConsumer SpendingServices-Personal Services
Price (close)
$19.62
Market cap
$252.7M
P/E
32.7x
Revenue (TTM)
$446.6M
Net income
$7.7M
Dividend yield
—
1-year total return
-36.3%
Net margin
1.7%
Revenue growth
14.6%
Debt / equity
0.34x

What Evi Industries, Inc. does.

The Company, through its wholly-owned subsidiaries, is a value-added distributor, and provides 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 its customers with installation, maintenance, and repair services.

The Company’s customers include government, institutional, industrial, commercial and retail customers. Product purchases made by customers range from parts and accessories, to single or multiple units of equipment, to large complex systems. The Company also provides its customers with the services described above.

The Company’s growth strategy includes the pursuit of organic growth initiatives and a “buy-and-build” growth strategy. The Company’s “buy-and-build” growth strategy includes (i) the consideration and pursuit of acquisitions and other strategic transactions which management believes may complement the Company’s existing business or otherwise offer growth opportunities for, or benefit, the Company and (ii) the implementation of a growth culture at acquired businesses based on the exchange of ideas and business concepts among the management teams of the Company and the acquired businesses as well as through certain additional initiatives, which may include investments in additional sales and service personnel, new product lines, enhanced service operations and capabilities, new and improved facilities, and advanced technologies. See “Buy-and-Build Growth Strategy” below for additional information regarding the Company’s “buy-and-build” growth strategy.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$242.0M$267.3M$354.2M$353.6M$389.8M$446.6M
Net income$8.4M$4.1M$9.7M$5.6M$7.5M$7.7M
Free cash flow$10.9M-$5.9M-$2.8M$27.8M$16.4M$13.5M

More on EVI.

Figures from Evi Industries, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.