EVI Industries Inc. (EVI) Financial Statements (2024 and earlier)

Company Profile

Business Address 4500 BISCAYNE BOULEVARD
MIAMI, FL 33137
State of Incorp. DE
Fiscal Year End June 30
Industry (SIC) 72 - Personal Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
MRQ
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,2645,9213,9746,0579,7895,038
Cash and cash equivalents4,2645,9213,9746,0579,7895,038
Receivables44,25548,39143,01428,90423,04230,557
Inventory, net of allowances, customer advances and progress billings56,17259,16749,35925,12924,06326,445
Inventory56,17259,16749,35925,12924,06326,445
Contract with customer, asset, after allowance for credit loss3,5691,1811,5193473,4432,487
Deposits current assets1,7292,2911,7283671,276403
Other current assets6,8828,5476,0184,4193,0412,938
Total current assets:116,871125,498105,61265,22364,65467,868
Noncurrent Assets
Operating lease, right-of-use asset9,9668,7147,4807,0605,311
Property, plant and equipment13,38612,95313,03310,5947,9925,865
Long-term investments and receivables      2,500
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases2,500
Intangible assets, net (including goodwill)97,23197,51697,27387,55878,43276,852
Goodwill74,15673,38871,03963,88156,67854,501
Intangible assets, net (excluding goodwill)23,07524,12826,23423,67721,75422,351
Other undisclosed noncurrent assets9,5629,1667,3707,4154,3291,400
Total noncurrent assets:130,145128,349125,156112,62796,06486,617
TOTAL ASSETS:247,016253,847230,768177,850160,718154,485
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:34,61438,73042,02626,22724,29217,508
Taxes payable1,7931,1868321,138
Accounts payable  26,69032,63220,66518,88811,305
Accrued liabilities10,82810,0807,6014,3764,5725,065
Other undisclosed accounts payable and accrued liabilities23,7861,960    
Deferred revenue 2216685073,232558
Debt  35,000  2,680 
Other liabilities    10,3448,5117,163
Contract with customer, liability854
Other undisclosed current liabilities37,3242,04732,3149,6596,4365,187
Total current liabilities:72,15976,44574,84749,46242,47730,712
Noncurrent Liabilities
Long-term debt and lease obligation30,88634,86933,57617,44028,68740,563
Long-term debt, excluding current maturities30,88634,86927,84011,87325,03040,563
Liabilities, other than long-term debt12,39111,5774,6664,2081,7281,708
Deferred tax liabilities, net1,708
Deferred income tax liabilities5,0045,0234,6664,2081,728
Operating lease, liability7,3876,5545,7365,5673,657
Total noncurrent liabilities:43,27746,44638,24221,64830,41542,271
Total liabilities:115,436122,891113,08971,11072,89272,983
Temporary equity, carrying amount      4,240
Equity
Equity, attributable to parent, including:131,580130,956117,679106,74087,82677,262
Common stock321318316310301296
Treasury stock, value(4,339)(3,195)(3,070)(2,865)(2,012)(1,439)
Additional paid in capital104,438101,22597,54490,50179,12773,010
Retained earnings31,16032,60822,88918,79410,4109,635
Other undisclosed equity, attributable to parent      (4,240)
Total equity:131,580130,956117,679106,74087,82677,262
TOTAL LIABILITIES AND EQUITY:247,016253,847230,768177,850160,718154,485

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Revenues367,545354,173267,316242,005235,802228,318
Cost of revenue
(Cost of Goods and Services Sold)
(261,081)(250,490)(193,609)(182,165)(180,595)(175,620)
Gross profit:106,464103,68373,70759,84055,20752,698
Operating expenses(92,417)(87,177)(67,318)(56,594)(52,427)(45,693)
Operating income:14,04716,5066,3893,2462,7807,005
Nonoperating income
(Investment Income, Nonoperating)
    314  
Interest and debt expense(3,098)(2,507)(679)6,328  
Income from continuing operations before equity method investments, income taxes:10,94913,9995,7109,8882,7807,005
Other undisclosed loss from continuing operations before income taxes    (1,432)(1,389)
Income from continuing operations before income taxes:10,94913,9995,7109,8881,3485,616
Income tax expense(3,678)(4,280)(1,615)(1,504)(573)(1,873)
Income from continuing operations:7,2719,7194,0958,3847753,743
Income before gain (loss) on sale of properties:4,0958,3847753,743
Net income attributable to parent:7,2719,7194,0958,3847753,743
Preferred stock dividends and other adjustments(897)(1,193)(423)(731)(62)(260)
Net income available to common stockholders, basic:6,3748,5263,6727,6537133,483
Dilutive securities, effect on basic earnings per share356     
Net income available to common stockholders, diluted:6,7308,5263,6727,6537133,483

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net income:7,2719,7194,0958,3847753,743
Comprehensive income, net of tax, attributable to parent:7,2719,7194,0958,3847753,743

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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