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Envirostar Inc

EnviroStar Inc is a publicly traded company based in the United States that operates in the commercial laundry industry. The company's ticker symbol is EVI on the NASDAQ stock exchange.

EnviroStar's business model involves the design, manufacture, and sale of commercial laundry equipment, as well as the distribution and servicing of commercial and industrial laundry and dry cleaning equipment. The company's product offerings include washers, dryers, ironers, and related equipment.

EnviroStar operates through its subsidiaries, which include equipment manufacturers such as Noble and United, as well as distributors and service providers such as Advanced Textile Equipment, Central States Wholesale, JEM Marketing, and Western State Design.

In addition to its product offerings, EnviroStar provides financing options for its customers, and it offers a range of services, including installation, maintenance, repair, and consulting services.

EnviroStar's financial performance has been strong in recent years, with revenue growth and improved profitability. The company's revenue for the fiscal year ended June 30, 2022, was $380.3 million, up from $313.6 million in the prior year. Its net income for the same period was $33.3 million, up from $26.7 million in the prior year.

Overall, EnviroStar is well-positioned in the commercial laundry industry, with a diverse product portfolio, strong financial performance, and a track record of strategic acquisitions and partnerships.

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