The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.
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EVI Industries, Inc. |
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Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Stock-based Compensation (in thousands) |
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Unaudited |
Unaudited |
Unaudited |
Unaudited |
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6-Months Ended |
6-Months Ended |
3-Months Ended |
3-Months Ended |
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12/31/24 |
12/31/23 |
12/31/24 |
12/31/23 |
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Net Income |
$ 4,360 |
$ 2,623 |
$ 1,129 |
$ 1,341 |
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Provision for Income Taxes |
1,867 |
1,352 |
591 |
787 |
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Interest Expense, Net |
1,152 |
1,593 |
670 |
823 |
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Depreciation and Amortization |
3,107 |
3,000 |
1,557 |
1,454 |
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Amortization of Stock-based Compensation |
2,263 |
2,924 |
1,196 |
1,068 |
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Adjusted EBITDA |
$ 12,749 |
$ 11,492 |
$ 5,143 |
$ 5,473 |
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