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 Reports First Quarter 2025 Financial Results
IRVING, TX / ACCESS Newswire / May 7, 2025 / Envela Corporation today announced its financial results for its first quarter ended March 31, 2025. The Company reported quarterly revenue of $48.3 million and quarterly earnings per diluted share of $0.10.Management Commentary"As we proudly celebrate our 60th year and mark our Diamond Jubilee, we are pleased to share the first-quarter results for fiscal 2025-marking the beginning of what we...
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...
Navellier picks Envela as 1 of 7 ‘A’-Rated Stocks Under $5 to Buy Now
DALLAS, TX / February 11, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that Louis Navellier, editor of Growth Investor, named Envela as one of 7 ‘A'-Rated Stocks Under $5 to Buy Now. About Louis Navellier Mr....
Argus Equity Report Values Envela at $4 Per Share
DALLAS, TX / January 15, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that Argus Research Co., a leading independent equity research firm since 1934, kicked off its Equity Report coverage of Envela on January 10, 2020, with...
TheStreet Quant Ratings Calls Envela a “BUY”
DALLAS, TX / January 14, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that TheStreet Quant Ratings, a division of TheStreet, Inc., recently upgraded its rating of Envela stock from "Hold" to "BUY". In its January 12, 2020 report,...
Envela Corporation Announces Launch Date Of New Investor-Relations Website
DALLAS, TX / December 24, 2019 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it is launching a new, comprehensive website intended to enhance investors' interactive experience in several ways. The new site, Envela.com, is...