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.
Four Nines Announces Grand Openings in San Antonio
SAN ANTONIO, TX / 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...
ENVELA Announces Record Quarter: Net Profits More than Triple Over Previous Year
DALLAS, TX / May 12, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced its financial results for the quarter ending March 31, 2020, which included $25.8 million in revenue; $1,174,149 in net income; and $.04 earnings per basic...
Envela to Announce First Quarter 2020 Financial Results on Tuesday, May 12, 2020
DALLAS, TX / May 6, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it plans to report its financial results for the first quarter before the market opens on Tuesday, May 12, 2020. About Envela Envela and its subsidiaries...
ENVELA To Donate Proceeds from Custom Silver Bars to Help Kids Continue Learning During Pandemic
DALLAS, TX / April 13, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it will donate all net proceeds from the sale of its new, custom-minted 10 oz silver bars to support COVID-19 relief efforts. Funds raised will...
Envela Subsidiary DGSE Announces Physical Silver Bullion Available for Sale
DALLAS, TX / April 1, 2020 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that its Bullion Express and Dallas Gold & Silver Exchange brands have secured 5,000 troy ounces of silver-bullion...
Envela Corporation Reports Extraordinary Fiscal 2019 Results
DALLAS, TX / March 24, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced its financial results for the year ended December 31, 2019, which included $82.0 million in revenues; $2,780,713 net income; and $0.10 earnings per diluted...
Envela Announces Extension and Increase of Credit Facility with Texas Bank & Trust
DALLAS, TX / March 9, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that Texas Bank & Trust Company has increased its credit facility to $3.5 million and extended its maturity date two years. The untapped financing will...
Envela to Announce Fourth Quarter and Fiscal Year 2020 Financial Results on Tuesday, March 24, 2020
DALLAS, TX / March 9, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it plans to report its financial results for the fourth quarter and fiscal year 2020 before the market opens on Tuesday, March 24, 2020. About Envela Envela...
CExchange to offer Envela Subsidiary Opportunity to Significantly Diversify Customer Base and Offerings
DALLAS, TX / February 28, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it is excited about its subsidiary's investment into the future development of CExchange. As consumers are becoming more aware of how used devices...
Envela Subsidiary Announces Loan and Warrant/Option Deal to Acquire CExchange
DALLAS, TX / February 21, 2020 / ECHG, LLC, a subsidiary of Envela Corporation (NYSE American: ELA) ("Envela" or the "Company") announced today that it has entered into an agreement to lend $1.5MM to CExchange, LLC, and warrant and call-option agreements to acquire...
Envela Announces New DGSE Retail Store in Expansion Effort
DALLAS, TX / February 18, 2020 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it has signed an agreement for the purchase of a retail building for its next Dallas Gold & Silver...