EVI Industries, Inc. (EVI) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.237 Hello and welcome to EVI Industries earnings call for the second quarter of the fiscal 00:00:05.237 -- 00:00:07.579 year ended June 30, 2025. 00:00:07.579 -- 00:00:12.245 I am Henry Namid, Chairman and CEO of EVI. 00:00:12.245 -- 00:00:15.648 Before we proceed, we would like to disclose our cautionary statement. 00:00:15.648 -- 00:00:20.694 This earnings call contains forward-looking statements as defined by SEC rules and regulations. 00:00:20.694 -- 00:00:24.518 Forward-looking statements are subject to a number of risks and uncertainties, including 00:00:24.518 -- 00:00:29.784 those set forth in our earnings press release issued today and in our SEC filings including 00:00:29.784 -- 00:00:33.849 the risk factor section of our annual report on Form 10-K for the fiscal year ended June 00:00:33.849 -- 00:00:35.852 30, 2024. 00:00:35.852 -- 00:00:39.877 Actual results may differ materially from those expressed in or implied by the forward-looking 00:00:39.877 -- 00:00:45.504 statements. This call also includes a discussion of adjusted EBITDA, 00:00:45.504 -- 00:00:49.369 which is a non-GAAP financial measure that the company believes is useful in evaluating 00:00:49.369 -- 00:00:53.855 performance. Please refer to our earnings press release issued today for additional information 00:00:53.855 -- 00:00:58.586 regarding adjusted EBITDA including the definition of adjusted EBITDA and a reconciliation 00:00:58.586 -- 00:01:04.315 of adjusted EBITDA to net income, the most comparable GAAP financial measure. 00:01:04.315 -- 00:01:09.422 Before we get started, I want to share my appreciation to the over 800 valued employees 00:01:09.422 -- 00:01:14.890 that make up EVI today. Our people are the most valuable asset we have, 00:01:14.890 -- 0...