← EVI INDUSTRIES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $1.7m |
$3.2m
+82.01%
|
$4.0m
+25.23%
|
$3.7m
-5.62%
|
$775k
-79.29%
|
$8.4m
+981.81%
|
$4.1m
-51.16%
|
$9.7m
+137.34%
|
$5.6m
-41.91%
|
$7.5m
+32.80%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.7m |
$2.9m
+67.75%
|
$3.7m
+25.76%
|
$3.5m
-5.12%
|
$713k
-79.53%
|
$7.7m
+973.35%
|
$3.7m
-52.02%
|
$8.5m
+132.19%
|
$4.9m
-42.19%
|
$6.4m
+30.35%
|
— | |
| Depreciation, Depletion and Amortization | $61k | $576k | $1.6m | $2.7m | $3.7m | $4.6m | $5.2m | $6.0m | $6.0m | $6.7m | $7.9m | |
| Amortization of Intangible Assets | $7k | $345k | $858k | $1.5m | $1.7m | $1.9m | — | — | $13.1m | $2.5m | — | |
| Depreciation | $54k | $231k | $721k | $1.2m | $2.0m | $2.7m | $3.3m | $3.9m | $3.9m | $4.2m | $7.9m | |
| Amortization of debt discount | — | $10k | $18k | $95k | $55k | $55k | $133k | $29k | $34k | $54k | — | |
| Deferred Income Tax Expense (Benefit) | $4k | ($3k) | $682k | $861k | ($178k) | $1.6m | ($164k) | $357k | $475k | ($821k) | ($886k) | |
| Share-based Payment Arrangement, Noncash Expense | — | $421k | $1.6m | $1.7m | $2.3m | $2.4m | $2.6m | $3.1m | $5.0m | $4.6m | $5.1m | |
| Share-based Payment Arrangement, Expense | — | $421k | $1.6m | $1.7m | — | — | — | — | — | — | $5.1m | |
| Stock compensation | — | $421k | $1.6m | $1.7m | $2.3m | $2.4m | $2.6m | $3.1m | $5.0m | $4.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | — | — | — | — | — | ($7.0m) | $11.1m | $1.9m | |
| Accounts receivable | $66k | ($2.4m) | $3.8m | ($8.9m) | $8.1m | ($4.5m) | ($12.1m) | ($5.7m) | $7.0m | ($11.1m) | $1.9m | |
| Increase (Decrease) in Inventories | ($186k) | $838k | $1.9m | $4.3m | ($4.0m) | ($665k) | $20.4m | $8.3m | ($11.9m) | ($211k) | ($15.1m) | |
| Inventory Write-down | $7k | $284k | $253k | $290k | $339k | $472k | $703.0m | — | — | — | — | |
| Inventory reserve | ($4k) | $52k | $77k | $86k | $49k | $116k | ($105k) | ($178k) | $54k | $182k | — | |
| Inventories | $186k | ($838k) | ($1.9m) | ($4.3m) | $4.0m | $665k | ($20.4m) | ($8.3m) | $11.9m | $211k | ($15.1m) | |
| Accounts payable and accrued expenses | $1.5m | $2.0m | ($4.3m) | $2.4m | $5.6m | ($798k) | $13.3m | ($4.2m) | ($8.2m) | $10.3m | $9.1m | |
| Accrued employee expenses | $337k | $335k | $2.7m | $241k | ($474k) | $2.2m | $814k | $2.1m | $646k | $2.2m | — | |
| Other | — | — | — | — | ($109k) | ($230k) | ($24k) | ($103k) | $25k | ($87k) | — | |
| Other assets | ($516k) | $969k | ($533k) | ($988k) | ($356k) | ($2.2m) | ($433k) | ($4.3m) | $2.5m | ($735k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.4m |
$2.6m
+79.71%
|
$11.3m
+338.03%
|
($8.7m)
-176.91%
|
$23.1m
+364.37%
|
$13.7m
-40.63%
|
($1.9m)
-113.86%
|
$940k
+149.53%
|
$32.7m
+3373.62%
|
$21.3m
-34.87%
|
$17.2m
-19.18%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | ($15k) | — | — | — | — | — | — | — | — | — | |
| Capital expenditures | ($2k) | ($237k) | ($829k) | ($3.0m) | ($3.4m) | ($2.8m) | ($4.0m) | ($3.7m) | ($4.9m) | ($4.9m) | ($7.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $14.7m | $13.4m | $12.5m | $1.4m | $4.8m | $12.0m | $2.3m | $1.9m | $46.9m | ($41.4m) | |
| Cash paid for acquisitions, net of cash acquired | — | ($14.7m) | ($13.4m) | ($12.5m) | ($1.4m) | ($4.8m) | ($12.0m) | ($2.3m) | ($1.9m) | ($46.9m) | — | |
| Common stock issued for acquisitions | — | $19k | $21k | $21k | $4k | $9k | $4k | $503k | $229k | — | — | |
| Net cash used by investing activities | ($2k) | ($14.9m) | ($14.2m) | ($15.5m) | ($4.8m) | ($7.6m) | ($15.9m) | ($6.0m) | ($6.8m) | ($51.8m) | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($14.9m) | ($14.2m) | ($15.5m) | ($4.8m) | ($7.6m) | ($15.9m) | ($6.0m) | ($6.8m) | ($51.8m) | ($48.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | $7.0m | — | — | — | — | — | |
| Proceeds from borrowings | — | $25.9m | $71.6m | $113.0m | $24.9m | $53.5m | $65.0m | $77.0m | $62.5m | $106.0m | — | |
| Debt repayments | — | ($21.7m) | ($66.1m) | ($82.4m) | ($37.9m) | ($62.5m) | ($49.0m) | ($70.0m) | ($84.5m) | ($66.0m) | ($89.0m) | |
| Payments for Repurchase of Common Stock | — | — | — | $728k | $573k | $853k | $205k | $125k | $1.2m | $716k | — | |
| Proceeds from Issuance of Common Stock | — | $6.0m | — | $45k | $50k | $69k | $120k | $118k | $116k | — | — | |
| Repurchases of common stock in satisfaction of employee tax withholding obligations | — | — | ($707k) | ($728k) | ($573k) | ($853k) | ($205k) | ($125k) | ($1.2m) | ($716k) | — | |
| Issuances of common stock under employee stock purchase plan | — | — | — | — | — | — | $120k | $118k | $116k | $124k | — | |
| Dividends paid | $1 | $1 | $1 | $2 | — | — | — | — | $4 | $5 | ($5.0m) | |
| Net cash provided (used) by financing activities | ($1.4m) |
$9.1m
+749.61%
|
$3.4m
-62.37%
|
$28.0m
+712.85%
|
($13.6m)
-148.51%
|
($9.8m)
+27.85%
|
$15.7m
+260.97%
|
$7.0m
-55.60%
|
($27.2m)
-488.95%
|
$34.8m
+228.00%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | $9.1m |
$3.4m
-62.37%
|
$28.0m
+712.85%
|
($13.6m)
-148.51%
|
($9.8m)
+27.85%
|
$15.7m
+260.97%
|
$7.0m
-55.60%
|
($27.2m)
-488.95%
|
$34.8m
+228.00%
|
$29.6m
-14.89%
|
|
| Net increase (decrease) in cash | — | — | — | $3.7m | $4.8m | ($3.7m) | ($2.1m) | $1.9m | ($1.4m) | $4.3m | — | |
| Cash at beginning of year | — | — | — | $1.3m | $5.0m | $9.8m | $4.0m | $5.9m | $4.6m | $8.9m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $4.0m | $5.9m | $4.6m | $8.9m | $4.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $152k | $499k | $1.2m | $1.5m | $511k | $494k | $2.5m | $2.8m | $2.5m | — | |
| Income Taxes Paid, Net | $913k | $1.8m | $1.2m | $1.7m | $345k | $505k | $430k | $3.1m | $4.6m | $3.0m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | — | $24.8m | $37.1m | $54.5m | $56.7m | $63.9m | $71.0m | $73.4m | $75.1m | $91.7m | — | |
| Income Tax Expense (Benefit) | $1.1m | $2.0m | $2.4m | $1.9m | $573k | $1.5m | $1.6m | $4.3m | $3.2m | $3.5m | — | |
| Investment Income, Interest | $2k | — | — | — | — | — | — | — | — | — | — | |
| Operating Expenses | $33.2m | — | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | $18k | $55k | $136k | — | — | — | — | |
| Provision for expected credit losses | $26k | $61k | $105k | $283k | $497k | $326k | $446k | $710k | $688k | $1.1m | — | |
| Non-cash lease expense | — | — | — | — | — | — | $136k | $93k | $14k | $143k | — | |
| Vendor deposits | ($803k) | $1.4m | $826k | $203k | ($873k) | $909k | ($1.2m) | ($527k) | $634k | $261k | — | |
| Contract assets | — | — | ($926k) | ($1.5m) | ($956k) | $3.1m | ($1.2m) | $338k | ($41k) | $1.2m | — | |
| Customer deposits | ($1.3m) | ($1.4m) | $5.6m | ($6.0m) | $1.3m | $1.3m | $9.8m | $1.6m | $1.0m | ($742k) | — | |
| Contract liabilities | — | — | ($1.9m) | $595k | ($296k) | $2.7m | ($2.7m) | $161k | ($668k) | $408k | — |