EVI Industries, Inc. (EVI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to EVI Industries earnings call for the third quarter of the fiscal year ended June 30, 2025. I am Henry Namad, Chairman and CEO of EVI. Before we proceed, we would like to discuss our cautionary statement. This earnings call contains forward-looking statements as defined by SEC rules and regulations. Forward-looking statements are subject to a number of risks and uncertainties, including those set forth in our earnings press release issued today and in our SEC filings. including the risk factors section of our annual report on Form 10-K for the fiscal year ended June 30, 2024. Actual results may differ materially from those expressed in or implied by the forward-looking statements. Before we get started, I want to share my appreciation to the nearly 900 valued employees that make up EVI today. Our people are the most valuable asset we have, and without their devotion to our company, our mission, and the thousands of customers we serve, The consistent progress we have made towards achieving our long-term growth goals would not be possible. Today, I'll summarize our operating results for the third quarter of the fiscal year ended June 30, 2025, and provide greater context around the progress we're making to scale our platform, enhance our capabilities, and extend our leadership position in the market. Let's begin with a few performance highlights. We delivered record revenues of $280 million and record gross profit of $84 million for the fiscal year to date period and revenues of $94 million and record gross profits of $28 million for the third quarter, demonstrating continued strength in customer demand and operational execution. We generated $11 million in operating cash flow for the fiscal year to date and $9 million in operating cash flow for the...