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 Share-based Compensation (in thousands) |
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Unaudited |
Unaudited |
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3-Months Ended |
3-Months Ended |
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09/30/24 |
09/30/23 |
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Net Income |
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$ 3,231 |
$ 1,282 |
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Provision for Income Taxes |
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1,276 |
565 |
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Interest Expense, Net |
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482 |
770 |
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Depreciation and Amortization |
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1,550 |
1,546 |
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Amortization of Share-based Compensation |
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1,067 |
1,856 |
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Adjusted EBITDA |
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$ 7,606 |
$ 6,019 |
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