The Signal

EVI's Q4 shows the profit engine they've been building toward

Sales up 11%, adjusted EBITDA up 26%, and the earnings power EVI has been describing for years is finally visible in a single quarter.

Alliance grew 7% last quarter. Half of it was pricing.

Alliance told investors these price increases are already in place and protected by tariffs and their manufacturing setup, and raised what they expect to earn this year.

EVI/Sudsies: the distributor crosses the aisle

$34.6 million, 98% cash. $7.1 million goes to the founder personally, separate from the business.