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EVI Industries EVI Operating Lease Initial Direct Cost Expense Over Term

Operating Lease Initial Direct Cost Expense Over Term at other companies

TRN
Terreno RealtyTRNO
$31.8M+10.5%
EVI Industries logo
EVI IndustriesEVI
$11M
Agree Realty logo
Agree RealtyADC
$9.64M+15.0%
NeoGenomics logo
NeoGenomicsNEO
$1.72M+8.6%
Cricut, Inc. logo
Cricut, Inc.CRCT
$823K-9.0%
Hinge Health, Inc. logo
Hinge Health, Inc.HNGE
$905K+7.1%

Other financials

Income statement

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Revenue$101.1M+8.1%
Gross profit$33.9M+17.5%
Operating income$3.6M-28.6%
Net income$753.0K-27.7%
EPS (diluted)$0.11-47.6%

Balance sheet

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Cash & equivalents$4.3M-27.0%
Total debt$73.0M+119%
Total equity$146.0M+4.1%
Total assets$318.2M+26.4%

Cash flow

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Operating cash flow$2.2M-76.1%
CapEx$1.6M+58.1%
Free cash flow$544.0K-93.3%

Valuation

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Market cap$207.06M-21.9%
Enterprise value$275.75M-14.1%
P/E29.3×-6.1×
P/S0.5×-0.2×

Profitability

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Gross margin30.5%+0.3pp
Operating margin3.1%-0.8pp
Net margin1.6%-0.4pp
FCF margin2.4%-2.9pp

Returns & leverage

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Return on equity4.9%-0.5pp
Debt / equity0.5×+0.3×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by EVI Industries in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseInitialDirectCostExpenseOverTerm.

The official record: EVI Industries’s 10-K, filed September 11, 2025, on SEC EDGAR. View the filing →

Questions, answered.

What does operating lease initial direct cost expense over term mean?
The amortization of incremental costs incurred to obtain an operating lease, recognized as an expense over the lease term. This reflects the upfront costs of securing facility or equipment leases that are capitalized and expensed over time. It is a component of the total cost of ownership for leased assets.