NYSE$EVI

Evi Industries Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported record fourth quarter and fiscal year operating results.

EVI Industries reported a record fourth quarter with revenue of approximately $83 million, a 28% increase over the same period in fiscal 2021. Gross profit also increased by 36% to a record $22 million. Operating income increased 131% from $1.1 million to $2.6 million.

  • Reported record revenue of approximately $83 million for the quarter ended June 30, 2022, an increase of 28% over the same period of fiscal 2021.
  • Gross profit increased 36% to a record $22 million, or a 140 basis-point increase in gross margin to approximately 27%.
  • Operating income increased 131% from $1.1 million to $2.6 million.
  • Adjusted EBITDA in the fourth quarter of fiscal 2022 was $4.6 million, or 5.6% of revenue, compared to $2.9 million, or 4.5% of revenue in the fourth quarter of fiscal 2021.

Headline financials

Total Revenue

$82.8M

Previous: $64.5M+28.3%
EPS (adj)

$0.11

Previous: $0.02+450.0%
Net Income

$1.5M

Previous: $0.00
Operating Income

$2.6M

Previous: $0.00
Gross Profit

$22M

Previous: $0.00
Cash & Equivalents

$3.97M

Previous: $6.06M-34.4%
Total Assets

$231M

Previous: $178M+29.8%
Stock-Based Comp

$651K

Previous: $603K+8.0%

Revenue & EPS history

Evi Industries · Revenue · Quarterly

$82.8M

Q4 2022+28.3%vs Q4 2021
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

Company is well-positioned to fulfill strong demand for the products and services they provide due to advanced placement of purchase orders, improved demand planning, adequate inventory, a growing team of sales professionals and service technicians, and ample liquidity to make necessary investments in connection with long-term growth strategy.

Tailwinds

  • Advanced placement of purchase orders
  • Improved demand planning
  • Adequate inventory
  • Growing team of sales professionals
  • Ample liquidity to make necessary investments

Headwinds

  • Continued supply chain constraints
  • Continued labor constraints

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+1.4%

Avg return

Earnings day

-1.0%

Avg return

5 days after

+1.9%

Avg return

30 days after

52%

33 / 64 earnings

Positive

+24.5%

Q1 2016

Best reaction

-18.3%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-13.4%-11.8%-9.7%
Q2 2026+1.5%-10.9%-19.2%
Q1 2026-0.3%-20.2%-24.3%
Q3 2025+3.5%+1.7%+4.1%
Q2 2025-4.4%-6.1%+1.2%
Q1 2025-9.9%-15.4%-12.9%
Q4 2024+10.6%+19.9%+19.5%
Q3 2024-3.2%-4.5%-13.5%
Q2 2024+13.8%+4.2%-1.7%
Q1 2024+0.9%+4.2%+8.7%
Q4 2023+12.9%+21.3%+20.7%
Q3 2023+0.3%+2.3%+21.3%
Q2 2023-1.3%-11.8%-9.7%
Q1 2023+0.0%+9.2%+32.7%
Q4 2022+2.0%-1.0%+23.6%
Q3 2022+2.4%-7.0%-20.0%
Q2 2022-4.8%-5.0%-22.4%
Q1 2022+1.8%+4.2%-5.0%
Q4 2021+0.2%+4.4%+16.1%
Q3 2021-1.5%+5.8%+31.1%
Q2 2021+4.8%-0.4%-12.7%
Q1 2021+5.4%+4.1%-1.9%
Q4 2020+17.5%+19.3%+24.8%
Q3 2020-10.4%+2.5%+51.3%
Q2 2020-14.4%-25.0%-27.8%
Q1 2020-0.8%-4.1%-23.1%
Q4 2019-4.9%-11.0%-3.0%
Q3 2019+0.2%+2.6%-3.2%
Q2 2019+0.9%-0.7%+1.1%
Q1 2019-18.3%-29.9%-17.1%
Q4 2018-0.6%-6.4%-13.8%
Q3 2018+1.1%+0.6%+0.9%
Q2 2018-2.0%-2.9%+3.9%
Q1 2018-5.6%+0.4%+30.3%
Q4 2017-13.6%-19.5%-16.3%
Q3 2017-16.6%-16.2%+1.0%
Q2 2017+20.2%+36.2%+5.1%
Q1 2017+8.6%+26.4%+18.6%
Q4 2016-1.5%+2.1%+15.2%
Q3 2016+1.3%
Q2 2016+3.1%
Q1 2016+24.5%
Q4 2015-3.2%
Q3 2015+0.0%
Q2 2015-0.4%
Q1 2015-3.5%
Q4 2014-7.6%
Q3 2014-7.6%
Q2 2014+12.6%
Q1 2014+14.7%
Q4 2013+16.5%
Q3 2013+9.7%
Q2 2013+0.0%
Q1 2013+19.7%
Q4 2012+12.6%
Q3 2012+10.3%
Q2 2012-6.0%
Q1 2012+9.4%
Q4 2011+3.1%
Q3 2011+2.4%
Q2 2010-2.7%
Q1 2010+9.5%
Q4 2010-2.8%
Q3 2010-10.2%

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