Envela Corporation, together with its subsidiaries, provides recommerce and recycling services in the United States. It operates in two segments, Consumer and Commercial. The company is involved in the online and brick-and-mortar sale of authenticated high-end luxury goods, including fine jewelry, diamonds and gemstones, luxury watches, and secondary market bullion. It also offers precious metal products. In addition, it provides end-of-life management of IT assets comprising data destruction, asset refurbishment, and remarketing; and detailed asset disposition data services. 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-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $241M | $21M | $15M | $1M | 21.8% | 33.6% | 116.0% |
| 2024 | $180M | $11M | $7M | $6M | 12.8% | 2.9% | -5.5% |
| 2023 | $175M | $11M | $7M | $4M | 14.8% | -4.1% | -54.4% |
| 2022 | $183M | $16M | $16M | $10M | 36.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 182.69 | 175.26 | 180.38 | 241.02 |
| Cost Of Revenue | 137.86 | 133.61 | 136.06 | 187.10 |
| Gross Profit | 44.83 | 41.66 | 44.32 | 53.92 |
| Operating Expense | 30.88 | 32.90 | 36.16 | 35.82 |
| Operating Income | 13.94 | 8.76 | 8.16 | 18.11 |
| EBITDA | 16.32 | 10.85 | 10.75 | 21 |
| EBIT | 14.86 | 9.48 | 9.20 | 19.13 |
| Pretax Income | 14.38 | 9.02 | 8.75 | 18.72 |
| Tax Provision | -1.31 | 1.87 | 1.99 | 4.13 |
| Net Income | 15.69 | 7.15 | 6.76 | 14.60 |
| Net Income Common Stockholders | 15.69 | 7.15 | 6.76 | 14.60 |
| Total Expenses | 168.74 | 166.51 | 172.22 | 222.91 |
| Interest Expense | 0.48 | 0.46 | 0.45 | 0.41 |
| Selling General And Administration | 29.43 | 31.54 | 34.61 | 33.95 |
| Normalized EBITDA | 16.32 | 10.85 | 10.75 | 21 |
| Normalized Income | 15.69 | 7.15 | 6.76 | 14.60 |
| Basic EPS | 0.58 | 0.27 | 0.26 | 0 |
| Diluted EPS | 0.58 | 0.27 | 0.26 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.21 | 0.21 | 0.23 | 0.22 |
| Total Unusual Items | 0 | 0 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 15.69 | 7.15 | 6.76 | 14.60 |
| Reconciled Depreciation | 1.45 | 1.36 | 1.55 | 1.87 |
| Reconciled Cost Of Revenue | 137.86 | 133.61 | 136.06 | 187.10 |
| Net Interest Income | -0.48 | -0.46 | -0.45 | -0.41 |
| Net Income From Continuing And Discontinued Operation | 15.69 | 7.15 | 6.76 | 14.60 |
| Total Operating Income As Reported | 13.94 | 8.76 | 8.16 | 18.11 |
| Diluted Average Shares | 26.94 | 26.84 | 26.18 | 0 |
| Basic Average Shares | 26.92 | 26.82 | 26.18 | 0 |
| Diluted NI Availto Com Stockholders | 15.69 | 7.15 | 6.76 | 14.60 |
| Net Income Including Noncontrolling Interests | 15.69 | 7.15 | 6.76 | 14.60 |
| Net Income Continuous Operations | 15.69 | 7.15 | 6.76 | 14.60 |
| Other Income Expense | 0.92 | 0.73 | 1.04 | 1.02 |
| Other Non Operating Income Expenses | 0.92 | 0.73 | 1.04 | 1.02 |
| Special Income Charges | 0 | 0 | 0 | 0 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Net Non Operating Interest Income Expense | -0.48 | -0.46 | -0.45 | -0.41 |
| Interest Expense Non Operating | 0.48 | 0.46 | 0.45 | 0.41 |
| Depreciation Amortization Depletion Income Statement | 1.45 | 1.36 | 1.55 | 1.87 |
| Depreciation And Amortization In Income Statement | 1.45 | 1.36 | 1.55 | 1.87 |
| Operating Revenue | 182.69 | 175.26 | 180.38 | 241.02 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Envela Corporationthis co. | ELA | $444M | 30.52β premium | 6.62 | 21.8% | 22.30 |
| Malibu Boats, Inc. | MBUU | $469M | 34.08 | 0.95 | 2.9% | 7.47 |
| Build-A-Bear Workshop, Inc. | BBW | $462M | 9.20 | 2.98 | 33.7% | 6.97 |
| Caleres, Inc. | CAL | $444M | - | 0.74 | -1.1% | 12.49 |
| Camping World Holdings, Inc. | CWH | $440M | - |
| 1.92 |
| -24.2% |
| 16.12 |
| Portillo's Inc. | PTLO | $427M | 21.93 | 0.91 | 3.9% | 13.72 |
| Zumiez Inc. | ZUMZ | $413M | 30.72 | 1.13 | 4.1% | 10.22 |
| Nathan's Famous, Inc. | NATH | $411M | 19.30 | -26.92 | -145.5% | 13.43 |
| El Pollo Loco Holdings, Inc. | LOCO | $407M | 15.10 | 1.40 | 9.1% | 10.41 |
| Peer Median | - | 20.61 | 1.04 | 3.4% | 11.45 | |