EVI EVI Industries, Inc.
EVI Industries, Inc. sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment. It designs and plans turn-key laundry, dry cleaning, and boiler systems. The firm also provides installation and maintenance services to its customers. EVI Industries was founded on June 13, 1963 and is headquartered in Miami, FL.
Company profile
Ticker
EVI
Exchange
Website
CEO
Henry M. Nahmad
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
StoneMor Partners • Unifirst • Regis • Carriage Services • Yelp • Service Corp International • Care.com • Yogaworks • XpresSpa • WW International ...
Former names
Dryclean Usa Inc, EnviroStar, Inc., Metro Tel Corp
SEC CIK
Corporate docs
IRS number
112014231
Calendar
10 Feb 20
5 Apr 20
30 Jun 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | 66.66M | 55.68M | 64.88M | 59.29M | |
| Net income | 263K | 580K | 1.22M | 466K | |
| Diluted EPS | 0.02 | 0.04 | 0.09 | 0.04 | |
| Net profit margin | 0.39% | 1.04% | 1.87% | 0.79% | |
| Operating income | 805K | 1.28M | 2.36M | 1.11M | |
| Net change in cash | 663K | 223K | -1.69M | -3.44M | |
| Cash on hand | 5.92M | 5.26M | 5.04M | 6.73M | |
| Cost of revenue | 52.58M | 41.85M | 49.01M | 45.87M |
| Annual (USD) | Jun 19 | Jun 18 | Jun 17 | Jun 16 | |
|---|---|---|---|---|---|
| Revenue | 228.32M | 150.01M | 93.98M | 36.02M | |
| Net income | 3.74M | 3.97M | 3.17M | 1.74M | |
| Diluted EPS | 0.29 | 0.33 | 0.31 | 0.25 | |
| Net profit margin | 1.64% | 2.64% | 3.37% | 4.83% | |
| Operating income | 7.01M | 6.93M | 5.35M | 2.79M | |
| Net change in cash | 3.71M | 603K | -3.22M | 33K | |
| Cash on hand | 5.04M | 1.33M | 727K | 3.94M | |
| Cost of revenue | 175.62M | 113.5M | 73.64M | 27.8M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 24 Feb 20 | Henry M Nahmad | Common Stock, $0.025 par value per share | Payment of exercise | Dispose F | 22.14 | 5,262 | 116.5K | 920,509 |
| 24 Feb 20 | Henry M Nahmad | Common Stock, $0.025 par value per share | Grant | Aquire A | 0 | 194,219 | 0 | 925,771 |
| 16 Dec 19 | Timothy P LaMacchia | Common Stock, $0.025 par value per share | Grant | Aquire A | 0 | 1,922 | 0 | 4,837 |
| 16 Dec 19 | Hal M Lucas | Common Stock, $0.025 par value per share | Grant | Aquire A | 0 | 1,922 | 0 | 5,150 |
| 16 Dec 19 | Glen Kruger | Common Stock, $0.025 par value per share | Grant | Aquire A | 0 | 1,922 | 0 | 2,422 |
Institutional ownership Q4 2019
4.2% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1 |
| Opened positions | 1 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 1.36M |
| Total shares | 495.28K |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Bard Associates | 495.28K | $1.36M |
Financial report summary
?Management Discussion
- The “build” component of the Company’s “buy-and-build” growth strategy involves implementing 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 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. The Company pursues market share growth using a variety of strategies aimed at increasing the installed base of the wide range of commercial laundry equipment the Company represents. Certain market share growth tactics may, from time to time, result in lower gross margins. However, the Company believes that a greater installed base of equipment strengthens the Company’s existing customer relationships and increases the Company’s total number of customer relationships, consequently creating a larger and stronger customer base to which the Company may sell products and services. These may include certain higher margin products and services and any additional products and services which the Company may offer or sell from time to time as a result of any business acquisitions, the sale or lease of complementary products, and expansion of its service operations.
Content analysis
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H.S. sophomore Avg
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New words:
aimed, backlog, collaboration, complementary, coordination, creating, culture, enhanced, improved, larger, LSOT, multimillion, ownership, pending, proper, source, stronger, Tennessee, variety, wide, win
Removed:
commenced, comparable, deductible, Secretary, simplify
Financial reports
10-Q
2020 Q2
Quarterly report
10 Feb 20
10-Q
2020 Q1
Quarterly report
12 Nov 19
10-K/A
2019 FY
Annual report (amended)
28 Oct 19
10-K
2019 FY
Annual report
13 Sep 19
10-Q
2019 Q3
Quarterly report
10 May 19
10-Q
2019 Q2
Quarterly report
11 Feb 19
10-Q
2019 Q1
Quarterly report
9 Nov 18
10-K/A
2018 FY
Annual report (amended)
29 Oct 18
10-K
2018 FY
Annual report
13 Sep 18
10-Q
2018 Q3
Quarterly report
15 May 18
Current reports
8-K
EVI Industries Sets Records for Revenue, Gross Profit and Operating Cash Flow for Second Quarter of Fiscal 2020
10 Feb 20
8-K
Submission of Matters to a Vote of Security Holders
17 Dec 19
8-K
Results of Operations and Financial Condition
12 Nov 19
8-K
Results of Operations and Financial Condition
13 Sep 19
8-K
EVI Industries Sets Records for Revenue and Gross Profit During the Third Quarter
13 May 19
8-K
EVI Industries Sets Records for Revenues and Gross Profit During the Second Quarter
12 Feb 19
8-K
Entry into a Material Definitive Agreement
25 Jan 19
8-K
Amendments to Articles of Incorporation or Bylaws
21 Dec 18
8-K
Other Events
13 Dec 18
8-K
EnviroStar, Inc. (“EVI”) Announces Record First Quarter Results
9 Nov 18
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Aug 18
S-8
Registration of securities for employees
22 Dec 17
S-8
Registration of securities for employees
18 Nov 15
25
Voluntary exchange delisting
14 Nov 07
S-8
Registration of securities for employees
22 May 00
S-8
Registration of securities for employees
22 May 00
S-8
Registration of securities for employees
22 May 00
8-A12B
Registration of securities on exchange
28 Oct 99
8-A12B
Registration of securities on exchange
7 Jan 99
Proxies
DEF 14A
Definitive proxy
27 Nov 19
DEF 14A
Definitive proxy
19 Nov 18
DEFA14A
Additional proxy soliciting materials
6 Nov 17
DEF 14A
Definitive proxy
30 Oct 17
DEF 14A
Definitive proxy
28 Oct 16
PRE 14A
Preliminary proxy
17 Oct 16
DEFA14A
Additional proxy soliciting materials
14 Oct 16
DEFA14A
Additional proxy soliciting materials
11 Oct 16
DEFA14A
Additional proxy soliciting materials
9 Sep 16
DEFA14A
Additional proxy soliciting materials
8 Sep 16
Ownership
SC 13D/A
Evi Industries, Inc.
6 Mar 20
SC 13D/A
Beneficial ownership report (amended)
3 Mar 20
4
EVI INDUSTRIES / Henry M Nahmad ownership change
26 Feb 20
4
EVI INDUSTRIES / Henry M Nahmad ownership change
25 Feb 20
SC 13G/A
Beneficial ownership report (amended)
10 Feb 20
SC 13G/A
Evi Industries, Inc.
17 Jan 20
4
EVI INDUSTRIES / Timothy P LaMacchia ownership change
17 Dec 19
4
EVI INDUSTRIES / Hal M Lucas ownership change
17 Dec 19
4
EVI INDUSTRIES / Glen Kruger ownership change
17 Dec 19
4
EVI INDUSTRIES / DAVID BLYER ownership change
17 Dec 19