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EVI Industries, Inc. reported earnings for the quarter ended June 30, 2025, with net income rising 1% year-over-year to $2.1 million and revenues reaching a record $110 million, a 22% increase from the previous year. The company’s earnings per share (EPS) remained steady at 14 cents.
For fiscal 2025, EVI’s total revenues increased by 10% to $390 million, with a gross profit of $118 million, translating to a margin of 30.4%. EPS grew 32% to 49 cents. The company has also announced a special cash dividend of 33 cents per share, payable on October 6, 2025.
EVI’s acquisition of Girbau North America is expected to add approximately $50 million in annual revenues and improve sourcing capabilities through a network of over 80 distributors. Despite a decline in operating cash flow to $21.3 million, attributed to increased working capital, the company ended the fiscal year with net debt of $44.1 million, up from $8.3 million, as part of its growth strategy.
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