Press Releases

We are constantly working towards making the world a better place through recommerce. That’s why we’re excited to share what’s happening at Envela through our press releases.

Envela Board Authorizes Repurchase of up to 1 Million Shares

IRVING, TX / ACCESSWIRE / March 17, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today announced that its Board of Directors authorized a share repurchase program for up to 1 million shares of its outstanding common stock."The repurchase authorization of up to 1 million shares of stock reflects the confidence that the Board and the executive management team have in Envela's...

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Envela Reports Fiscal Year 2022 Financial Results

DALLAS, TX / ACCESSWIRE / March 16, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its fourth quarter and full-year ended December 31, 2022. Annual revenue was $182.7 million, up 30 percent year over...

Envela’s NYSE Bell Ringing Event Postponed Due to Weather

DALLAS, TX / ACCESSWIRE / February 1, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today announced that due to the severe weather impacting travel in Texas and throughout the United States, the...

Envela to Ring Closing Bell at New York Stock Exchange

NEW YORK, NY / ACCESSWIRE / January 30, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today announced that John Loftus, Chief Executive Officer, and other Company leaders are scheduled to ring the New...

Envela Reports Solid Third Quarter 2022 Financial Results

DALLAS, TX / ACCESSWIRE / November 2, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today reported financial results for its third quarter ended September 30, 2022. The Company posted a September...

Envela to Present at the Best Ideas Growth Conference

This 6th Annual event will be hosted by Lake Street Capital Markets on September 14, 2022NEW YORK, NY / ACCESSWIRE / September 8, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business,...

Envela Reports Second Quarter 2022 Financial Results

Quarterly Net Income Up 78.7% Year-over-Year to $3.85 MillionDALLAS, TX / August 3, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today reported financial results for its second quarter ended June 30,...