The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.
|
EVI Industries, Inc. |
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|---|---|---|---|---|
|
Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Share-based Compensation (in thousands) |
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| Type |
Unaudited |
Unaudited |
Unaudited |
Unaudited |
|
9-Months |
9-Months |
3-Months |
3-Months |
|
|
Ended |
Ended |
Ended |
Ended |
|
|
3/31/24 |
3/31/24 |
3/31/24 |
3/31/24 |
|
|
Net Income |
$3,579 |
$7,821 |
$956 |
$2,750 |
|
Provision for Income Taxes |
2,129 |
2,952 |
777 |
998 |
|
Interest Expense, Net |
2,268 |
1,719 |
675 |
717 |
|
Depreciation and Amortization |
4,492 |
4,409 |
1,492 |
1,497 |
|
Amortization of Share-based Compensation |
3,956 |
2,267 |
1,032 |
785 |
| Adjusted EBITDA |
$ 16,424 |
$ 19,168 |
$ 4,932 |
$ 6,747 |
|
|
|
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