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 Retail Subsidiary Expects to Report Record Results and is set to Accelerate Expansion Plans

DALLAS, TX / May 3, 2022 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that after a record first quarter it plans to accelerate expansion plans.With extraordinary gains in its retail business during the first quarter, DGSE expects to post a record quarter. Based on these strong results the company intends to accelerate the pace of new stores, building on its success of...

read more

Envela Announces Timing of Its Third Quarter Financial Results

DALLAS, TX / October 27, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the third quarter of 2021 after the market close on Wednesday, November 3, 2021. About Envela Envela and its...

Envela Subsidiary to Acquire Avail Recovery Solutions

DALLAS, TX / August 17, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its wholly owned subsidiary ECHG, LLC has entered into a definitive agreement to acquire Avail Recovery Solutions, LLC in an all-cash transaction....

Envela Reports Second Quarter 2021 Financial Results

Quarterly Net Income Up 280% Year-over-Year to $2.2 Million DALLAS, TX / August 4, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2021. Management Commentary "We...

Envela Announces Timing of Its Second Quarter Earnings Results

DALLAS, TX / July 31, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the second quarter after the market close on Wednesday, August 4, 2021. About Envela Envela and its...

Envela Expands Electronics-Trade-In Capabilities with Acquisition

DALLAS, TX / June 10, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its subsidiary CEX Holdings, LLC ("CEX") has purchased the assets of CExchange LLC, a leader in electronics-trade-in services for retailers. Envela...

Envela Continues DGSE Retail Expansion with Frisco Location

DGSE to purchase location for its second Dallas/Fort Worth flagship store DALLAS, TX / May 11, 2021 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), has entered into an agreement to purchase a retail building in...

Envela Reports First Quarter 2021 Financial Results

Quarterly Net Income Up 71% Year-over-Year to $2.0 Million DALLAS, TX / May 5, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2021. Management Commentary "Envela...

Envela Announces Timing of Its First Quarter Earnings Results

DALLAS, TX / April 28, 2021 / Envela Corporation (AMEX:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the first quarter after the market close on Wednesday, May 5, 2021. About Envela Envela and its subsidiaries engage in...