EVI Industries Inc (NYSE American: EVI) is a commercial laundry equipment distribution company that sells and leases washers, dryers, tunnel systems, vended machines, finishing equipment, material handling systems, water heaters, power generation equipment, and water reuse systems to government, institutional, industrial, commercial, and retail customers. Revenue comes from equipment sales and leases, related parts and accessories, and installation, maintenance, and repair services provided through a network of commercial laundry technicians. The company also provides planning, design, and consulting services for customer laundry operations. EVI was incorporated in Delaware on June 13, 1963, and operates through wholly-owned subsidiaries across multiple U.S. regions including Florida, Georgia, North Carolina, Texas, California, and the Northeast. Four manufacturers accounted for approximately 72% of product purchases in fiscal year ended June 30, 2025. Foreign sales, principally to Canada, the Caribbean, and Latin America, do not represent a significant portion of revenue. Growth strategy combines organic initiatives with a buy-and-build acquisition approach.

Revenue model

Transactional revenue from equipment sales and leases, parts and accessories sales, and fee-based installation, maintenance, and repair services. All foreign sales are denominated in U.S. dollars.

Products and services

Commercial and industrial laundry equipment including washers, dryers, tunnel systems, vended machines, finishing equipment, material handling equipment, steam and hot water boilers, water heating systems, power generation equipment, and water reuse systems. Also sells related parts and accessories. Provides installation, maintenance, repair, and laundry operation consulting services.

Customers and end markets

Government, institutional, industrial, commercial, and retail customers. Product purchases range from individual parts and accessories to single or multiple equipment units to large complex systems.

Value-chain role

Value-added distributor of equipment manufactured by third parties. Does not manufacture products. Adds value through technical services, installation, maintenance, repair, and planning and consulting for commercial laundry operations.

Geographic exposure

Primarily United States, with facilities in Florida, Georgia, North Carolina, Texas, California, and the Northeast. Foreign sales to Canada, the Caribbean, and Latin America represent a non-significant portion of revenue as of fiscal year ended June 30, 2025.

Source: SEC 10-K, filed 2025-09-11

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