Envela Key Executives
This section highlights Envela's key executives, including their titles and compensation details.
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Envela Earnings
This section highlights Envela's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. It offers jewelry and fine-watch products, including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds, and other gemstones, as well as watches and jewelry components. The company also buys and sells various forms of gold, silver, platinum, and palladium products, including United States and other government coins, private mint medallions, art bars, and trade unit bars; and numismatic items, such as rare coins, currency, medals, tokens, and other collectibles, as well as provides jewelry and watches repair services. In addition, it offers end-of-life electronics recycling services; disposal transportation and product tracking services; IT-asset disposition services, including compliance and data sanitization services; and services to companies in the areas of software upgrades, and hardware or networking capabilities, as well as moving to cloud services. As of December 31, 2021, Envela Corporation marketed its products and services through six retail locations under the Dallas Gold & Silver Exchange name; and one retail location under the Charleston Gold & Diamond Exchange name, as well as through cgdeinc.com, dgse.com, echoenvironmental.com, ITADUSA.com, availrecovery.com, and teladvance.com e-commerce sites. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.
$5.96
Stock Price
$154.92M
Market Cap
-
Employees
Irving, TX
Location
Financial Statements
Access annual & quarterly financial statements for Envela, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $180.38M | $171.67M | $182.69M | $140.97M | $113.92M |
| Cost of Revenue | $136.06M | $130.02M | $137.86M | $109.74M | $90.85M |
| Gross Profit | $44.32M | $41.66M | $44.83M | $31.22M | $23.07M |
| Gross Profit Ratio | 24.57% | 24.26% | 24.54% | 22.15% | 20.25% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $30.56M | $28.66M | $20.34M | $15.31M |
| Selling and Marketing Expenses | $- | $982.45K | $773.87K | $459.39K | $240.77K |
| Selling General and Administrative Expenses | $34.61M | $31.54M | $29.43M | $20.80M | $15.55M |
| Other Expenses | $1.55M | $1.36M | $1.45M | $926.10K | $728.63K |
| Operating Expenses | $36.16M | $32.90M | $30.88M | $21.72M | $16.28M |
| Cost and Expenses | $172.22M | $162.92M | $168.74M | $131.47M | $107.13M |
| Interest Income | $- | $- | $471.97K | $704.05K | $620.50K |
| Interest Expense | $447.38K | $463.20K | $483.69K | $704.05K | $620.50K |
| Depreciation and Amortization | $1.55M | $1.36M | $1.45M | $926.10K | $728.63K |
| EBITDA | $10.75M | $10.85M | $15.40M | $10.42M | $7.52M |
| EBITDA Ratio | 5.96% | 6.32% | 8.43% | 7.39% | 6.60% |
| Operating Income | $8.16M | $8.76M | $13.94M | $9.50M | $6.79M |
| Operating Income Ratio | 4.52% | 5.10% | 7.63% | 6.74% | 5.96% |
| Total Other Income Expenses Net | $590.30K | $264.58K | $435.00K | $664.71K | $-313.50K |
| Income Before Tax | $8.75M | $9.02M | $14.38M | $10.16M | $6.47M |
| Income Before Tax Ratio | 4.85% | 5.25% | 7.87% | 7.21% | 5.68% |
| Income Tax Expense | $1.99M | $1.87M | $-1.31M | $112.81K | $89.62K |
| Net Income | $6.76M | $7.15M | $15.69M | $10.05M | $6.38M |
| Net Income Ratio | 3.75% | 4.16% | 8.59% | 7.13% | 5.60% |
| EPS | $0.26 | $0.27 | $0.58 | $0.37 | $0.24 |
| EPS Diluted | $0.26 | $0.27 | $0.58 | $0.37 | $0.24 |
| Weighted Average Shares Outstanding | 26.18M | 26.82M | 26.92M | 26.92M | 26.92M |
| Weighted Average Shares Outstanding Diluted | 26.18M | 26.84M | 26.94M | 26.94M | 26.94M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.32M | $46.90M | $45.30M | $39.86M | $36.72M | $36.27M | $50.30M | $48.39M | $47.43M | $45.20M | $42.64M | $47.42M | $44.07M | $37.68M | $33.72M | $25.49M | $28.74M | $38.81M | $20.55M | $25.83M |
| Cost of Revenue | $37.18M | $35.44M | $34.27M | $29.88M | $27.30M | $26.53M | $39.54M | $36.98M | $35.65M | $33.34M | $31.16M | $37.70M | $34.39M | $29.57M | $26.60M | $19.19M | $22.22M | $31.65M | $16.07M | $20.53M |
| Gross Profit | $11.14M | $11.46M | $11.03M | $9.98M | $9.42M | $9.73M | $10.76M | $11.41M | $11.78M | $11.86M | $11.48M | $9.71M | $9.68M | $8.11M | $7.13M | $6.30M | $6.51M | $7.16M | $4.47M | $5.30M |
| Gross Profit Ratio | 23.06% | 24.44% | 24.34% | 25.03% | 25.65% | 26.84% | 21.39% | 23.58% | 24.84% | 26.23% | 26.92% | 20.48% | 21.96% | 21.52% | 21.14% | 24.73% | 22.66% | 18.46% | 21.76% | 20.52% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $6.84M | $- | $- | $- | $7.26M | $- | $- | $- | $6.12M | $- | $- | $- | $4.00M | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $982.45K | $- | $- | $- | $773.87K | $- | $- | $- | $459.39K | $- | $- | $- | $240.77K | $- | $- | $- |
| Selling General and Administrative Expenses | $8.82M | $9.03M | $9.12M | $7.64M | $7.82M | $7.45M | $8.36M | $7.91M | $8.03M | $7.75M | $7.08M | $6.56M | $6.58M | $5.23M | $4.83M | $4.15M | $4.24M | $3.87M | $3.62M | $3.83M |
| Other Expenses | $431.16K | $414.78K | $225.42K | $238.53K | $170.91K | $192.44K | $153.65K | $354.35K | $345.41K | $534.96K | $279.52K | $291.95K | $-793.65K | $-60.78K | $283.06K | $271.94K | $186.49K | $26.95K | $51.87K | $41.69K |
| Operating Expenses | $9.25M | $9.44M | $9.12M | $7.64M | $7.82M | $7.78M | $8.70M | $8.26M | $8.38M | $8.29M | $7.36M | $6.85M | $6.87M | $5.45M | $5.05M | $4.36M | $4.43M | $4.05M | $3.80M | $4.00M |
| Cost and Expenses | $46.43M | $44.88M | $43.39M | $37.52M | $35.12M | $34.32M | $48.24M | $45.24M | $44.03M | $41.63M | $38.53M | $44.56M | $41.26M | $35.02M | $31.64M | $23.54M | $26.65M | $35.70M | $19.87M | $24.53M |
| Interest Income | $- | $- | $- | $- | $- | $117.17K | $114.69K | $117.06K | $107.73K | $119.96K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $111.25K | $106.14K | $109.14K | $120.85K | $114.28K | $117.17K | $114.69K | $117.06K | $119.45K | $119.96K | $121.04K | $123.24K | $158.47K | $188.85K | $177.70K | $179.02K | $175.09K | $155.80K | $144.30K | $145.31K |
| Depreciation and Amortization | $431.16K | $414.78K | $362.27K | $343.56K | $333.83K | $337.71K | $336.17K | $354.35K | $345.41K | $534.96K | $279.52K | $291.95K | $288.79K | $216.18K | $216.22K | $204.91K | $189.41K | $179.78K | $179.71K | $179.73K |
| EBITDA | $2.55M | $2.78M | $2.27M | $2.68M | $2.10M | $2.48M | $2.55M | $3.50M | $4.89M | $4.04M | $4.30M | $3.15M | $3.10M | $3.54M | $2.58M | $2.15M | $1.89M | $3.32M | $906.45K | $1.52M |
| EBITDA Ratio | 5.28% | 5.92% | 5.01% | 6.73% | 5.71% | 6.84% | 5.08% | 7.24% | 10.30% | 8.93% | 10.08% | 6.65% | 7.02% | 9.39% | 7.65% | 8.44% | 6.58% | 8.56% | 4.41% | 5.88% |
| Operating Income | $1.89M | $2.02M | $1.91M | $2.34M | $1.59M | $1.95M | $2.06M | $3.15M | $4.54M | $3.57M | $4.11M | $2.86M | $2.81M | $2.66M | $2.08M | $1.95M | $1.70M | $3.11M | $674.88K | $1.30M |
| Operating Income Ratio | 3.91% | 4.31% | 4.21% | 5.87% | 4.34% | 5.38% | 4.10% | 6.51% | 9.57% | 7.89% | 9.65% | 6.03% | 6.37% | 7.07% | 6.17% | 7.63% | 5.92% | 8.02% | 3.28% | 5.02% |
| Total Other Income Expenses Net | $122.14K | $234.21K | $116.28K | $117.67K | $56.63K | $75.27K | $38.96K | $93.72K | $708.08K | $-185.22K | $-216.47K | $-181.81K | $-2.94K | $469.39K | $105.35K | $92.92K | $11.40K | $-128.84K | $-92.43K | $-103.62K |
| Income Before Tax | $2.01M | $2.25M | $2.03M | $2.46M | $1.65M | $2.03M | $2.10M | $3.24M | $4.42M | $3.38M | $3.90M | $2.68M | $2.80M | $3.13M | $2.19M | $2.04M | $1.71M | $2.99M | $582.45K | $1.19M |
| Income Before Tax Ratio | 4.16% | 4.81% | 4.47% | 6.17% | 4.49% | 5.58% | 4.18% | 6.70% | 9.32% | 7.48% | 9.14% | 5.65% | 6.36% | 8.31% | 6.48% | 8.00% | 5.96% | 7.69% | 2.83% | 4.62% |
| Income Tax Expense | $410.96K | $569.64K | $461.24K | $550.28K | $339.73K | $317.97K | $498.57K | $717.65K | $-1.45M | $64.06K | $50.25K | $30.29K | $22.90K | $26.45K | $32.69K | $30.77K | $54.49K | $273 | $16.28K | $18.58K |
| Net Income | $1.60M | $1.69M | $1.56M | $1.91M | $1.31M | $1.71M | $1.60M | $2.53M | $5.88M | $3.32M | $3.85M | $2.65M | $2.78M | $3.11M | $2.15M | $2.01M | $1.66M | $2.98M | $566.17K | $1.17M |
| Net Income Ratio | 3.31% | 3.59% | 3.45% | 4.79% | 3.57% | 4.71% | 3.19% | 5.22% | 12.39% | 7.34% | 9.02% | 5.58% | 6.31% | 8.24% | 6.38% | 7.88% | 5.77% | 7.69% | 2.76% | 4.55% |
| EPS | $0.06 | $0.06 | $0.06 | $0.07 | $0.05 | $0.06 | $0.06 | $0.09 | $0.22 | $0.12 | $0.14 | $0.10 | $0.10 | $0.12 | $0.08 | $0.07 | $0.06 | $0.11 | $0.02 | $0.04 |
| EPS Diluted | $0.06 | $0.06 | $0.06 | $0.07 | $0.05 | $0.06 | $0.06 | $0.09 | $0.22 | $0.12 | $0.14 | $0.10 | $0.10 | $0.12 | $0.08 | $0.07 | $0.06 | $0.11 | $0.02 | $0.04 |
| Weighted Average Shares Outstanding | 26.12M | 26.06M | 26.25M | 26.42M | 26.51M | 26.81M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M | 26.92M |
| Weighted Average Shares Outstanding Diluted | 26.13M | 26.08M | 26.26M | 26.43M | 26.51M | 26.82M | 26.93M | 26.94M | 26.92M | 26.94M | 26.94M | 26.94M | 26.94M | 26.94M | 26.94M | 26.94M | 26.92M | 26.94M | 26.92M | 26.94M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $20.61M | $17.85M | $17.17M | $10.14M | $9.22M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $20.61M | $17.85M | $17.17M | $10.14M | $9.22M |
| Net Receivables | $4.39M | $7.81M | $8.53M | $7.17M | $2.85M |
| Inventory | $25.71M | $23.15M | $18.76M | $14.05M | $10.01M |
| Other Current Assets | $903.04K | $1.09M | $4.44M | $3.01M | $1.44M |
| Total Current Assets | $51.60M | $49.90M | $48.89M | $34.37M | $23.51M |
| Property Plant Equipment Net | $18.26M | $15.14M | $13.58M | $15.50M | $10.41M |
| Goodwill | $3.62M | $3.92M | $3.62M | $6.14M | $1.37M |
| Intangible Assets | $4.10M | $4.31M | $4.99M | $3.02M | $2.99M |
| Goodwill and Intangible Assets | $7.72M | $8.23M | $8.61M | $9.16M | $4.36M |
| Long Term Investments | $- | $- | $- | $- | $2.10M |
| Tax Assets | $49.53K | $- | $1.49M | $- | $-2.10M |
| Other Non-Current Assets | $241.44K | $201.45K | $-1.30M | $237.76K | $2.30M |
| Total Non-Current Assets | $26.27M | $23.58M | $22.39M | $24.90M | $17.07M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $77.87M | $73.47M | $71.28M | $59.27M | $40.58M |
| Account Payables | $3.18M | $3.13M | $3.36M | $2.49M | $1.51M |
| Short Term Debt | $5.67M | $3.17M | $2.94M | $5.91M | $4.42M |
| Tax Payables | $286.49K | $319.15K | $510.85K | $432.72K | $340.92K |
| Deferred Revenue | $- | $211.65K | $282.48K | $1.18M | $428.98K |
| Other Current Liabilities | $3.38M | $2.17M | $1.78M | $-492.56K | $-1.23M |
| Total Current Liabilities | $12.52M | $8.99M | $8.87M | $9.80M | $6.05M |
| Long Term Debt | $12.70M | $16.13M | $19.10M | $21.84M | $16.95M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $38.67K | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $12.70M | $16.17M | $19.10M | $21.84M | $16.95M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $25.22M | $25.17M | $27.96M | $31.64M | $23.00M |
| Preferred Stock | $- | $- | $269.25K | $269.25K | $0 |
| Common Stock | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K |
| Retained Earnings | $16.78M | $10.02M | $2.87M | $-12.81M | $-22.86M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-269.25K | $-269.25K | $-0 |
| Other Total Stockholders Equity | $35.60M | $38.02M | $40.17M | $40.17M | $40.17M |
| Total Stockholders Equity | $52.65M | $48.31M | $43.32M | $27.63M | $17.58M |
| Total Equity | $52.65M | $48.31M | $43.32M | $27.63M | $17.58M |
| Total Liabilities and Stockholders Equity | $77.87M | $73.47M | $71.28M | $59.27M | $40.58M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $77.87M | $73.47M | $71.28M | $59.27M | $40.58M |
| Total Investments | $- | $- | $- | $- | $2.10M |
| Total Debt | $18.37M | $19.30M | $22.03M | $26.18M | $20.22M |
| Net Debt | $-2.24M | $1.45M | $4.86M | $16.04M | $11.00M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $20.61M | $17.75M | $17.34M | $19.78M | $17.85M | $17.31M | $18.38M | $20.35M | $17.17M | $14.97M | $13.94M | $11.50M | $10.14M | $8.32M | $8.13M | $8.40M | $9.22M | $7.27M | $5.05M | $3.94M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $20.61M | $17.75M | $17.34M | $19.78M | $17.85M | $17.31M | $18.38M | $20.35M | $17.17M | $14.97M | $13.94M | $11.50M | $10.14M | $8.32M | $8.13M | $8.40M | $9.22M | $7.27M | $5.05M | $3.94M |
| Net Receivables | $4.39M | $3.88M | $4.84M | $4.60M | $7.81M | $8.93M | $7.85M | $8.29M | $8.53M | $7.19M | $5.69M | $5.36M | $7.17M | $5.68M | $7.50M | $3.31M | $2.85M | $4.66M | $2.86M | $2.47M |
| Inventory | $25.71M | $29.07M | $26.78M | $25.62M | $23.15M | $23.05M | $21.52M | $19.11M | $18.76M | $18.06M | $17.80M | $14.62M | $14.05M | $12.65M | $12.59M | $11.63M | $10.01M | $10.62M | $9.36M | $9.40M |
| Other Current Assets | $903.04K | $826.00K | $922.91K | $1.30M | $1.09M | $1.14M | $1.28M | $4.37M | $4.44M | $4.03M | $3.34M | $3.99M | $3.01M | $2.28M | $1.42M | $1.92M | $1.44M | $1.50M | $2.61M | $1.50M |
| Total Current Assets | $51.60M | $51.54M | $49.89M | $51.30M | $49.90M | $50.43M | $49.03M | $52.12M | $48.89M | $44.25M | $40.76M | $35.46M | $34.37M | $28.93M | $29.63M | $25.25M | $23.51M | $24.05M | $19.88M | $17.31M |
| Property Plant Equipment Net | $18.26M | $17.72M | $15.37M | $14.81M | $15.14M | $15.06M | $15.39M | $12.99M | $13.58M | $14.13M | $14.70M | $15.01M | $15.50M | $13.73M | $10.31M | $10.33M | $10.41M | $6.81M | $2.94M | $3.31M |
| Goodwill | $3.62M | $3.62M | $3.92M | $3.92M | $3.92M | $3.92M | $3.62M | $3.62M | $3.62M | $3.62M | $6.36M | $6.14M | $6.14M | $3.26M | $3.26M | $1.37M | $1.37M | $1.37M | $1.37M | $1.37M |
| Intangible Assets | $4.10M | $4.28M | $4.44M | $4.51M | $4.31M | $4.48M | $4.64M | $4.81M | $4.99M | $5.19M | $2.80M | $2.91M | $3.02M | $2.69M | $2.79M | $2.89M | $2.99M | $3.09M | $3.19M | $3.29M |
| Goodwill and Intangible Assets | $7.72M | $7.91M | $8.36M | $8.43M | $8.23M | $8.40M | $8.26M | $8.43M | $8.61M | $8.81M | $9.16M | $9.05M | $9.16M | $5.95M | $6.05M | $4.26M | $4.36M | $4.46M | $4.56M | $4.66M |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $2.10M | $- | $- | $- | $- |
| Tax Assets | $49.53K | $- | $6.71K | $- | $- | $102.61K | $612.83K | $1.14M | $1.49M | $- | $- | $- | $- | $- | $- | $-2.10M | $- | $- | $- | $- |
| Other Non-Current Assets | $241.44K | $234.74K | $224.76K | $201.45K | $201.45K | $201.45K | $299.44K | $-941.55K | $-1.30M | $186.76K | $186.76K | $236.76K | $237.76K | $614.99K | $343.68K | $2.40M | $2.30M | $1.80M | $1.80M | $1.70M |
| Total Non-Current Assets | $26.27M | $25.86M | $23.96M | $23.44M | $23.58M | $23.77M | $24.57M | $21.62M | $22.39M | $23.13M | $24.05M | $24.30M | $24.90M | $20.30M | $16.70M | $16.99M | $17.07M | $13.07M | $9.30M | $9.67M |
| Other Assets | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $77.87M | $77.39M | $73.85M | $74.75M | $73.47M | $74.20M | $73.61M | $73.74M | $71.28M | $67.38M | $64.81M | $59.76M | $59.27M | $49.23M | $46.34M | $42.24M | $40.58M | $37.12M | $29.18M | $26.99M |
| Account Payables | $3.18M | $2.59M | $3.09M | $3.75M | $3.13M | $3.52M | $3.26M | $2.75M | $3.36M | $4.44M | $3.30M | $2.86M | $2.49M | $1.68M | $3.61M | $1.19M | $1.51M | $2.55M | $829.84K | $806.82K |
| Short Term Debt | $5.67M | $5.01M | $5.19M | $3.32M | $4.98M | $4.88M | $3.00M | $3.07M | $1.69M | $4.56M | $4.50M | $4.17M | $5.91M | $2.74M | $4.07M | $4.25M | $3.27M | $4.29M | $4.36M | $2.62M |
| Tax Payables | $286.49K | $403.28K | $270.44K | $1.04M | $319.15K | $460.70K | $578.54K | $672.81K | $510.85K | $429.50K | $313.97K | $292.29K | $432.72K | $414.29K | $334.64K | $279.81K | $340.92K | $227.06K | $241.42K | $227.30K |
| Deferred Revenue | $- | $- | $270.44K | $1.04M | $211.65K | $566.57K | $348.43K | $1.77M | $282.48K | $992.63K | $2.20M | $1.24M | $1.18M | $940.59K | $770.24K | $689.59K | $428.98K | $189.31K | $534.91K | $46.69K |
| Other Current Liabilities | $3.38M | $2.82M | $-65.96K | $2.08M | $411.60K | $142.72K | $1.59M | $3.17M | $3.31M | $-468.75K | $-574.60K | $-819.38K | $-492.56K | $-677.74K | $-908.39K | $-948.75K | $932.38K | $-1.15M | $-712.86K | $-1.09M |
| Total Current Liabilities | $12.52M | $10.82M | $8.49M | $10.18M | $8.99M | $9.43M | $8.77M | $9.67M | $8.87M | $10.10M | $10.12M | $8.19M | $9.80M | $5.52M | $8.29M | $6.00M | $6.05M | $6.73M | $5.25M | $3.24M |
| Long Term Debt | $12.70M | $15.42M | $15.20M | $15.23M | $16.13M | $16.94M | $17.58M | $18.23M | $19.10M | $19.84M | $20.57M | $21.29M | $21.84M | $18.86M | $16.31M | $16.66M | $16.95M | $14.46M | $11.00M | $11.38M |
| Deferred Revenue Non-Current | $- | $- | $- | $2.06M | $2.56M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $34.19K | $- | $21.18K | $38.67K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $12.70M | $15.45M | $15.20M | $15.25M | $16.17M | $16.94M | $17.58M | $18.23M | $19.10M | $19.84M | $20.57M | $21.29M | $21.84M | $18.86M | $16.31M | $16.66M | $16.95M | $14.46M | $11.00M | $11.38M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $25.22M | $26.27M | $23.69M | $25.43M | $25.17M | $26.36M | $26.35M | $27.90M | $27.96M | $29.94M | $30.69M | $29.48M | $31.64M | $24.38M | $24.60M | $22.65M | $23.00M | $21.20M | $16.25M | $14.62M |
| Preferred Stock | $- | $- | $- | $0 | $0 | $0 | $0 | $- | $269.25K | $0 | $0 | $- | $269.25K | $- | $- | $- | $0 | $- | $- | $- |
| Common Stock | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.25K | $269.24K | $269.24K | $269.24K |
| Retained Earnings | $16.78M | $15.18M | $13.49M | $11.93M | $10.02M | $8.71M | $7.00M | $5.40M | $2.87M | $-3.00M | $-6.32M | $-10.17M | $-12.81M | $-15.60M | $-18.70M | $-20.86M | $-22.86M | $-24.52M | $-27.51M | $-28.07M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-0 | $-0 | $-0 | $-0 | $-0 | $-0 | $-269.25K | $-0 | $-0 | $- | $-269.25K | $-0 | $- | $- | $-0 | $- | $- | $- |
| Other Total Stockholders Equity | $35.60M | $35.67M | $36.40M | $37.11M | $38.02M | $38.85M | $39.98M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M | $40.17M |
| Total Stockholders Equity | $52.65M | $51.12M | $50.16M | $49.31M | $48.31M | $47.84M | $47.25M | $45.84M | $43.32M | $37.44M | $34.12M | $30.27M | $27.63M | $24.85M | $21.74M | $19.59M | $17.58M | $15.92M | $12.93M | $12.37M |
| Total Equity | $52.65M | $51.12M | $50.16M | $49.31M | $48.31M | $47.84M | $47.25M | $45.84M | $43.32M | $37.44M | $34.12M | $30.27M | $27.63M | $24.85M | $21.74M | $19.59M | $17.58M | $15.92M | $12.93M | $12.37M |
| Total Liabilities and Stockholders Equity | $77.87M | $77.39M | $73.85M | $74.75M | $73.47M | $74.20M | $73.61M | $73.74M | $71.28M | $67.38M | $64.81M | $59.76M | $59.27M | $49.23M | $46.34M | $42.24M | $40.58M | $37.12M | $29.18M | $26.99M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $77.87M | $77.39M | $73.85M | $74.75M | $73.47M | $74.20M | $73.61M | $73.74M | $71.28M | $67.38M | $64.81M | $59.76M | $59.27M | $49.23M | $46.34M | $42.24M | $40.58M | $37.12M | $29.18M | $26.99M |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $2.10M | $- | $- | $- | $- |
| Total Debt | $18.37M | $18.41M | $18.45M | $18.55M | $19.30M | $20.04M | $20.58M | $21.31M | $22.03M | $22.74M | $23.45M | $23.88M | $26.18M | $20.51M | $19.42M | $19.85M | $20.22M | $17.62M | $14.16M | $12.83M |
| Net Debt | $-2.24M | $657.55K | $1.11M | $-1.24M | $1.45M | $2.74M | $2.20M | $955.33K | $4.86M | $7.77M | $9.51M | $12.38M | $16.04M | $12.18M | $11.29M | $11.45M | $11.00M | $10.35M | $9.11M | $8.89M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $6.76M | $7.15M | $15.69M | $10.05M | $6.38M |
| Depreciation and Amortization | $1.55M | $1.36M | $1.45M | $926.10K | $728.63K |
| Deferred Income Tax | $-88.19K | $1.53M | $-1.49M | $- | $-1.83M |
| Stock Based Compensation | $- | $- | $- | $- | $325 |
| Change in Working Capital | $- | $-6.39M | $-4.91M | $-7.47M | $-215.80K |
| Accounts Receivables | $3.19M | $- | $-903.80K | $-3.97M | $151.12K |
| Inventory | $-2.56M | $- | $-4.71M | $-3.55M | $-497.44K |
| Accounts Payables | $50.81K | $- | $1.37M | $752.38K | $-29.33K |
| Other Working Capital | $- | $-6.39M | $-671.30K | $-700.41K | $159.85K |
| Other Non Cash Items | $1.97M | $2.20M | $-718.09K | $-697.38K | $1.83M |
| Net Cash Provided by Operating Activities | $10.19M | $5.84M | $10.02M | $2.81M | $6.90M |
| Investments in Property Plant and Equipment | $-3.46M | $-2.24M | $-272.75K | $-3.14M | $-5.86M |
| Acquisitions Net | $- | $-100.00K | $-216.99K | $-1.50M | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $-300.90K | $578.25K | $260.40K | $-238.65K | $-2.10M |
| Net Cash Used for Investing Activities | $-3.76M | $-1.76M | $-229.34K | $-4.88M | $-7.96M |
| Debt Repayment | $-1.26M | $-1.24M | $-2.76M | $2.99M | $5.77M |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-2.41M | $-2.16M | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $-2.41M | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $-3.68M | $-3.40M | $-2.76M | $2.99M | $5.77M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $2.76M | $683.88K | $7.03M | $920.11K | $4.71M |
| Cash at End of Period | $20.61M | $17.85M | $17.17M | $10.14M | $9.22M |
| Cash at Beginning of Period | $17.85M | $17.17M | $10.14M | $9.22M | $4.51M |
| Operating Cash Flow | $10.19M | $5.84M | $10.02M | $2.81M | $6.90M |
| Capital Expenditure | $-3.46M | $-2.24M | $-272.75K | $-3.14M | $-5.86M |
| Free Cash Flow | $6.73M | $3.60M | $9.75M | $-333.65K | $1.03M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.60M | $1.69M | $1.56M | $1.91M | $1.31M | $1.71M | $1.60M | $2.53M | $5.88M | $3.32M | $3.85M | $2.65M | $2.78M | $3.11M | $2.15M | $2.01M | $1.66M | $2.98M | $566.17K | $1.17M |
| Depreciation and Amortization | $431.16K | $414.78K | $362.27K | $343.56K | $333.83K | $337.71K | $336.17K | $354.35K | $345.41K | $534.96K | $279.52K | $291.95K | $288.79K | $216.18K | $216.22K | $204.91K | $189.41K | $179.78K | $179.71K | $179.73K |
| Deferred Income Tax | $-83.71K | $40.90K | $-27.89K | $-17.49K | $141.28K | $510.23K | $527.17K | $348.26K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $325 | $- | $- | $- |
| Change in Working Capital | $1.25M | $746.18K | $-3.41M | $1.05M | $-1.21M | $-2.06M | $-2.83M | $-291.81K | $-1.65M | $-2.54M | $-1.15M | $419.60K | $-1.28M | $-1.86M | $-1.72M | $-2.60M | $1.81M | $-471.39K | $-1.24M | $-322.16K |
| Accounts Receivables | $-476.71K | $936.01K | $-435.47K | $3.17M | $1.22M | $-1.31M | $250.43K | $-328.49K | $-805.80K | $-1.55M | $-356.75K | $1.81M | $-1.10M | $494.93K | $-3.02M | $-344.10K | $1.81M | $-1.80M | $-385.29K | $525.52K |
| Inventory | $3.37M | $-2.29M | $-1.16M | $-2.48M | $-95.32K | $-1.53M | $-2.41M | $-350.05K | $-692.72K | $-258.96K | $-3.18M | $-573.14K | $-907.37K | $-67.44K | $-956.51K | $-1.62M | $610.62K | $-1.25M | $33.45K | $111.93K |
| Accounts Payables | $586.34K | $-503.61K | $-652.98K | $621.06K | $-138.38K | $561.91K | $752.64K | $-821.41K | $-556.95K | $1.16M | $1.43M | $-887.08K | $870.13K | $-2.46M | $2.18M | $-240.41K | $-1.04M | $1.84M | $-183.59K | $-647.80K |
| Other Working Capital | $-2.22M | $2.61M | $-1.16M | $-263.68K | $-2.20M | $216.93K | $-1.42M | $1.21M | $408.24K | $-1.89M | $963.42K | $70.42K | $721.61K | $-2.29M | $2.26M | $-396.35K | $426.46K | $745.87K | $-700.67K | $-311.81K |
| Other Non Cash Items | $538.35K | $560.61K | $3.69M | $-117.16K | $1.47M | $-2.05M | $186.29K | $-13.09K | $-2.28M | $48.42K | $25.00K | $-733.45K | $-6.88K | $-696.74K | $2.60M | $6.25K | $325 | $1.84M | $-183.59K | $-647.80K |
| Net Cash Provided by Operating Activities | $3.74M | $3.45M | $-789.46K | $3.79M | $2.37M | $721.50K | $-175.53K | $2.92M | $2.29M | $1.36M | $3.00M | $3.36M | $1.78M | $762.83K | $648.54K | $-384.91K | $3.66M | $2.69M | $-490.23K | $1.03M |
| Investments in Property Plant and Equipment | $-504.48K | $-2.00M | $-620.61K | $-641.41K | $-674.50K | $-262.74K | $-1.29M | $-8.73K | $-45.55K | $-23.27K | $-110.55K | $-93.38K | $-74.44K | $-2.58M | $-284.03K | $-200.56K | $-3.98M | $-1.85M | $- | $-29.05K |
| Acquisitions Net | $- | $- | $- | $- | $200.00K | $-300.00K | $- | $- | $-216.99K | $- | $-216.99K | $- | $-1.51M | $- | $13.14K | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-1.50M |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $4.79K | $-17 | $400 | $-3.38K | $-2.34M | $- | $- | $578.25K | $477.38K | $- | $-216.99K | $- | $-1.45M | $354.96K | $-518.35K | $-123.47K | $-600.00K | $- | $- | $-1.50M |
| Net Cash Used for Investing Activities | $-499.69K | $-2.00M | $-620.21K | $-644.79K | $-474.50K | $-562.74K | $-1.29M | $569.52K | $214.85K | $-23.27K | $-327.53K | $-93.38K | $-1.52M | $-2.22M | $-802.38K | $-324.04K | $-4.58M | $-1.85M | $- | $-1.53M |
| Debt Repayment | $-319.61K | $-315.08K | $-314.86K | $-311.77K | $-513.06K | $-110.62K | $-309.44K | $-310.81K | $-308.38K | $-305.95K | $-238.12K | $-1.91M | $1.56M | $1.65M | $-112.05K | $-112.09K | $2.87M | $1.38M | $1.60M | $-69.40K |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-64.78K | $-728.51K | $-715.34K | $-905.15K | $-836.70K | $-1.12M | $-194.82K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $-384.38K | $-1.04M | $-1.03M | $-1.22M | $-1.35M | $-1.23M | $-504.25K | $-310.81K | $-308.38K | $-305.95K | $-238.12K | $-1.91M | $1.56M | $1.65M | $-112.05K | $-112.09K | $2.87M | $1.38M | $1.60M | $-69.40K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $46.15K | $3.12M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $2.86M | $408.20K | $-2.44M | $1.93M | $548.46K | $-1.08M | $-1.97M | $3.18M | $2.20M | $1.03M | $2.44M | $1.36M | $1.81M | $192.07K | $-265.88K | $-821.04K | $1.95M | $2.22M | $1.11M | $-566.74K |
| Cash at End of Period | $20.61M | $17.75M | $17.34M | $19.78M | $17.85M | $17.31M | $18.38M | $20.35M | $17.17M | $14.97M | $13.94M | $11.50M | $10.14M | $8.32M | $8.13M | $8.40M | $9.22M | $7.27M | $5.05M | $3.94M |
| Cash at Beginning of Period | $17.75M | $17.34M | $19.78M | $17.85M | $17.31M | $18.38M | $20.35M | $17.17M | $14.97M | $13.94M | $11.50M | $10.14M | $8.32M | $8.13M | $8.40M | $9.22M | $7.27M | $5.05M | $3.94M | $4.51M |
| Operating Cash Flow | $3.74M | $3.45M | $-789.46K | $3.79M | $2.37M | $721.50K | $-175.53K | $2.92M | $2.29M | $1.36M | $3.00M | $3.36M | $1.78M | $762.83K | $648.54K | $-384.91K | $3.66M | $2.69M | $-490.23K | $1.03M |
| Capital Expenditure | $-500.69K | $-2.00M | $-620.61K | $-641.41K | $-674.50K | $-262.74K | $-1.29M | $-8.73K | $-45.55K | $-23.27K | $-110.55K | $-93.38K | $-74.44K | $-2.58M | $-284.03K | $-200.56K | $-3.98M | $-1.85M | $- | $-29.05K |
| Free Cash Flow | $3.24M | $1.45M | $-1.41M | $3.15M | $1.70M | $458.76K | $-1.47M | $2.92M | $2.25M | $1.34M | $2.89M | $3.27M | $1.70M | $-1.82M | $364.51K | $-585.48K | $-319.61K | $839.67K | $-490.23K | $1.00M |
Envela Dividends
Explore Envela's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
-
Dividend Payout Ratio
-
Dividend Paid & Capex Coverage Ratio
2.95x
Envela Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.367 | $0.367 | September 12, 2016 | |||
| $0.367 | $0.367 | June 10, 2016 | |||
| $0.367 | $0.367 | March 10, 2016 | |||
| $0.367 | $0.367 | December 10, 2015 | |||
| $0.367 | $0.367 | September 10, 2015 | |||
| $0.367 | $0.367 | June 10, 2015 | |||
| $0.367 | $0.367 | March 11, 2015 | |||
| $0.367 | $0.367 | December 10, 2014 | |||
| $0.367 | $0.367 | September 10, 2014 | |||
| $0.367 | $0.367 | June 11, 2014 | |||
| $0.367 | $0.367 | March 12, 2014 | |||
| $0.367 | $0.367 | December 11, 2013 | |||
| $0.367 | $0.367 | September 11, 2013 | |||
| $0.367 | $0.367 | June 12, 2013 | |||
| $0.367 | $0.367 | March 12, 2013 | |||
| $0.367 | $0.367 | December 12, 2012 | |||
| $0.367 | $0.367 | September 12, 2012 | |||
| $0.367 | $0.367 | June 12, 2012 | |||
| $0.367 | $0.367 | March 12, 2012 | |||
| $0.367 | $0.367 | December 12, 2011 |
Envela News
Read the latest news about Envela, including recent articles, headlines, and updates.
Envela Reports Fourth Quarter and Fiscal Year 2024 Financial Results
IRVING, TX / ACCESS Newswire / March 26, 2025 / Envela Corporation today announced its financial results for the fourth quarter and full year ending December 31, 2024. The Company posted annual revenue of $180.4 million, with annual earnings per diluted share of $0.26.
Envela to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Wednesday, March 26, 2025
IRVING, TX / ACCESS Newswire / March 19, 2025 / Envela Corporation announced today that it plans to report its financial results for the fourth quarter and fiscal year 2024 after the market close on Wednesday, March 26, 2025. Envela periodically provides information for investors on its corporate website, envela.com.
Envela Reports Third Quarter 2024 Financial Results
IRVING, TX / ACCESSWIRE / November 5, 2024 / Envela Corporation today reported financial results for its third quarter ended September 30, 2024. The Company reported quarterly revenue of $46.9 million and quarterly earnings per diluted share of $0.06.
Envela to Announce Third Quarter 2024 Financial Results on November 5
IRVING, TX / ACCESSWIRE / October 29, 2024 / Envela Corporation announced today that it plans to report its financial results for the third quarter of 2024 after the market closes on Tuesday, November 5, 2024. About Envela Envela Corporation (NYSE American:ELA), a leading provider of re-commerce services, is at the forefront of the circular economy.
Four Nines Announces Grand Openings in San Antonio
SAN ANTONIO, TX / ACCESSWIRE / October 15, 2024 / Four Nines, the innovative retail concept from Envela Corporation, is excited to announce the grand opening of its newest two stores in San Antonio, Texas, at 8597 Blanco Road and 17641 Bulverde Road. The Bulverde store had a soft opening over the past couple of weeks, and both stores will officially open their doors on Tuesday, October 15th, bringing a fresh and unique shopping experience to the local community.
Envela to Participate at the Lake Street Best Ideas Growth Conference
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Envela Corporation (NYSE American:ELA), a leading re-commerce company, today announced that management will present at the Lake Street Capital Markets 8th Annual Best Ideas Growth "Big8" Conference in New York City. The conference is being held at The Yale Club on Thursday, September 12, 2024.
Envela Reports Second Quarter 2024 Financial Results
DALLAS, TX / ACCESSWIRE / August 7, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2024. The Company reported quarterly revenue of $45.3 million and quarterly earnings per diluted share of $0.06.
Envela to Announce Second Quarter 2024 Financial Results on Wednesday, August 7, 2024
DALLAS, TX / ACCESSWIRE / July 31, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the second quarter 2024 after the market close on Wednesday, August 7, 2024. About Envela Envela a leading provider of re-commerce services at the forefront of the circular economy.
Four Nines Opens Flagship Store in Phoenix
PHOENIX, AZ / ACCESSWIRE / June 24, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its innovative retail brand, Four Nines™, opened its latest store in Phoenix, Arizona. "As we continue to expand our retail presence, our team remains laser focused on delivering exceptional experiences and value for our customers.
Envela Welcomes Bijoux Exchange to its Lineup
DALLAS, TX / ACCESSWIRE / May 17, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it is expanding its lineup this week with the introduction of Bijoux Exchange-an exceptional buyer of pre-owned luxury items in private, pressure-free environments. Bijoux Exchange boutiques will be located inside select Envela stores as "stores within a store.
Envela Reports First Quarter 2024 Financial Results
DALLAS, TX / ACCESSWIRE / May 8, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2024. The Company reported quarterly revenue of $39.9 million and quarterly earnings per diluted share of $0.07.
Envela to Announce First Quarter 2024 Financial Results on Wednesday, May 8, 2024
DALLAS, TX / ACCESSWIRE / April 30, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the first quarter 2024 after the market close on Wednesday, May 8, 2024. About Envela Envela a leading provider of re-commerce services at the forefront of the circular economy.
Following a Planned Succession Process, Envela Appoints John DeLuca as Chief Financial Officer
Former CFO Remains as Strategic Advisor DALLAS, TX / ACCESSWIRE / March 21, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that after seven years as the Company's Chief Financial Officer, Bret Pedersen is stepping down. Following a planned succession process, John DeLuca will be appointed as the new CFO, beginning March 25, 2024.
Envela Reports Fourth Quarter and Fiscal Year 2023 Results
DALLAS, TX / ACCESSWIRE / March 20, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its fourth quarter and full year ended December 31, 2023. The Company reported annual revenue of $171.7 million and annual earnings per diluted share of $0.27.
Envela to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on Wednesday, March 20, 2024
DALLAS, TX / ACCESSWIRE / March 4, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the fourth quarter and fiscal year 2023 after the market close on Wednesday, March 20, 2024. About Envela Envela a leading provider of re-commerce services at the forefront of the circular economy.
Envela Corporation And Its Real Value
Envela Corporation operates in the re-commerce industry, focusing on luxury goods such as jewelry and precious metals. The company's revenue fell in the third quarter, but this is attributed to strategic spending and may not be a cause for concern. Envela is expanding its online presence and is well-positioned to capitalize on the projected growth of the re-commerce industry.
Envela Reports Third Quarter 2023 Financial Results
DALLAS, TX / ACCESSWIRE / November 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today reported financial results for its third quarter ended September 30, 2023. The Company posted revenue for the third quarter of $36.3 million, and quarterly earnings per diluted share of $0.06.
Envela to Announce Third Quarter 2023 Financial Results on Wednesday, November 8, 2023
IRVING, TX / ACCESSWIRE / November 3, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the third quarter ended September 30, 2023 after the market close on Wednesday, November 8, 2023. About Envela Envela a leading provider of re-commerce services at the forefront of the circular economy.
Envela Corporation: A 'Hold' With Potential
Envela Corporation specializes in reselling and recycling pre-owned jewelry and electronics and has a strong management team and growing customer base. The pre-owned jewelry market is expected to grow, driven by environmentally conscious consumers, but Envela faces competition from luxury brands. The electronic re-commerce market is also growing, and Envela can increase its market penetration through acquisitions and partnerships but faces competition and margin pressure.
Envela Expands Vertically with Acquisition
SCOTTSDALE, AZ / ACCESSWIRE / September 14, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced that it has entered into an agreement to acquire Steven Kretchmer, Inc., a well-established jewelry manufacturer, which will help diversify and enhance Envela's Consumer Division. Under the terms of the agreement, Claudia Kretchmer and the current Kretchmer management team will continue to lead the company.
Envela Hires Claudia Kretchmer to Lead Jewelry Design
SCOTTSDALE, AZ / ACCESSWIRE / September 13, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today announced that Claudia Kretchmer has been named as Artistic Director of Jewelry for its Consumer Division. In this newly created role, Kretchmer will direct the Company's design of sustainable jewelry and luxury accessories.
Envela to Participate in Lake Street's 7th Annual Best Ideas Growth (BIG7) Conference
NEW YORK, NY / ASSESSWIRE / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in Lake Street Capital Markets' 7th Annual Best Ideas Growth (BIG7) Conference on Thursday, September 14, 2023. The conference is being held at The Yale Club in New York City.
Envela to Participate in the B. Riley Securities Consumer Conference
NEW YORK, NY / ACCESSWIRE / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in the B. Riley Securities Consumer Conference being held at the Sofitel Hotel in New York, New York on Thursday, September 14, 2023.
Update: Envela Common Stock Repurchases
IRVING, TX / ACCESSWIRE / September 6, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced an update on its stock-repurchase program. Through September 5, 2023, the Company has spent more than $1.3M to purchase 224,631 of the 1,000,000 shares of common stock authorized for repurchase under its current repurchase program.
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