0000910680-13-000022.txt : 20130211 0000910680-13-000022.hdr.sgml : 20130211 20130211115625 ACCESSION NUMBER: 0000910680-13-000022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130208 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130211 DATE AS OF CHANGE: 20130211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EnviroStar, Inc. CENTRAL INDEX KEY: 0000065312 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 112014231 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14757 FILM NUMBER: 13589970 BUSINESS ADDRESS: STREET 1: 290 NE 68 STREET CITY: MIAMI STATE: FL ZIP: 33138 BUSINESS PHONE: 3057544551 MAIL ADDRESS: STREET 1: 290 NE 68 STREET CITY: MIAMI STATE: FL ZIP: 33138 FORMER COMPANY: FORMER CONFORMED NAME: DRYCLEAN USA INC DATE OF NAME CHANGE: 20000210 FORMER COMPANY: FORMER CONFORMED NAME: METRO TEL CORP DATE OF NAME CHANGE: 19920703 8-K 1 f8k02082013.htm CURRENT REPORT f8k02082013.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): February 8, 2013

   
EnviroStar, Inc.
   
 
(Exact name of registrant as specified in its charter)
 
     
     
   
Delaware
   
 
(State or other jurisdiction of incorporation)
 
     
     
 
001-14757
   
11-2014231
 
(Commission File Number)
(IRS Employer Identification No.)
   
   
 
290 N.E. 68 Street, Miami, Florida
33138
 
 
(Address of principal executive offices)
(Zip Code)
 

Registrant's telephone number, including area code: (305) 754-4551

 
Not Applicable
 
 
(Former name or former address, if changed since last report)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 o
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 o
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 
 
 
The information in this Report, including Exhibit 99.1 and the information therefrom incorporated in Item 2.02 by reference to Exhibit 99.1, are being furnished, and shall not be deemed “filed,” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability under that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 2.02                      Results of Operations and Financial Condition.

On February 8, 2013, the Company issued a press release announcing its results of operations for the six and three months ended December 31, 2012.  A copy of the press release is furnished as Exhibit 99.1 to this Report and is incorporated herein by reference.

Item 9.01                      Financial Statements and Exhibits.

(d)                    Exhibits:

             99.1           The Company’s press release dated February 8, 2013.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 

 
   
EnviroStar, Inc.
 
 
       
 Date:  February 11, 2013   By: /s/ Venerando J. Indelicato  
     
Venerando J. Indelicato,
     
Treasurer and Chief Financial Officer
       
 



 
 
 
 

  
 
EXHIBIT INDEX
 
 
Exhibit No.
   
 
Description
     
99.1   


 
EX-99.1 2 ex99_1-f8k02082013.htm PRESS RELEASE ex99_1-f8k02082013.htm
Exhibit 99.1
 
From:   EnviroStar Inc.
290 NE 68 Street
Miami, FL  33138
Michael Steiner  (305) 754-4551
Venerando Indelicato  (813) 814-0722

 
FOR RELEASE: at 1:00 PM, Friday, February 8, 2013
 

EnviroStar, Inc.  Announces Second Quarter Results

Company Reports Increased Revenues And Earnings

Miami, FL – February 8, 2013, – EnviroStar, Inc., (NYSE MKT: EVI), today reported revenues and earnings for the six and three month periods ended December 31, 2012.  For the first six months of fiscal 2013, revenues increased by 14.8% to $12,958,823 from $11,290,121 for the same period of fiscal 2012.  Net earnings increased by 11.3% to $276,994 or $.04 per share compared to net income of $248,894 or $.04 per share for the same period of fiscal 2012.

For the second quarter of fiscal 2013, revenues increased by 29.4% to $6,445,709 from $4,982,250 in the comparable period of fiscal 2012. Net earnings for the period increased by 712.9% to $125,155 or $.02 per share compared to $15,396 or $.01 per share for the second quarter of fiscal 2012.

Venerando J. Indelicato, Chief Financial Officer of EnviroStar Inc., stated, “While we are pleased with the Company’s performance for the six and three month periods of fiscal 2013, the Company has experienced some slight delays in a few of the scheduled shipments from our historically high backlog. These shipments which were scheduled for the second quarter have been rescheduled to ship in the third and fourth quarters of fiscal 2013.” He also indicated that these delays are normal and often occur when dealing with building permits and construction.

EnviroStar, Inc. through its subsidiaries is one of the nation’s leading distributors of industrial laundry, dry cleaning equipment and steam boilers.

This press release contains certain information that is subject to a number of known and unknown risks and uncertainties that may cause actual results and trends to differ materially from those expressed or implied by the forward-looking statements.  Information concerning those factors are discussed in Company reports filed with the
Securities and Exchange Commission.
 
 
 
 

 

EnviroStar, Inc. and Subsidiaries


EnviroStar, Inc. and Subsidiaries   (NYSE MKT:EVI)

Summary Unaudited Consolidated Statements of Income
 
   
Six months ended
December 31,
    Three months ended
December 31,
 
    2012     2011     2012     2011  
                         
Revenues
  $ 12,958,823     $ 11,290,121     $ 6,445,709     $ 4,982,250  
 
                               
Earnings before income taxes
    449,039       403,560       202,016       27,278  
Provision for income taxes
    172,045       154,666       76,861       11,882  
                                 
Net earnings
  $ 276,994     $ 248,894     $ 125,155     $ 15,396  
                                 
Basic and diluted earnings per share
  $ .04     $ .04     $ .02     $ .01  
 
                               
                                 
Weighted average shares outstanding:
                               
    Basic and diluted
    7,033,732       7,033,732       7,033,732       7,033,732