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 Fourth Quarter and Fiscal Year 2024 Financial Results
IRVING, TX / ACCESS Newswire / March 26, 2025 / Envela Corporation today announced its financial results for the fourth quarter and full year ending December 31, 2024. The Company posted annual revenue of $180.4 million, with annual earnings per diluted share of $0.26. For the fourth quarter, revenue totaled $48.3 million, and quarterly earnings per diluted share of $0.06.Management Commentary"Last year was a period of exciting growth and...
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...
Envela to Announce First Quarter 2022 Financial Results on Wednesday, May 11, 2022
IRVING, TX / April 27, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, announced that it plans to report its financial results for the first quarter 2022 after the market close on...
Envela Subsidiary Plans Expansion of Solar Panel Recycling Capabilities with Mesa Location
CARROLLTON, TX / April 22, 2022 / Echo Environmental Holdings, LLC ("Echo"), a subsidiary of Envela Corporation (NYSE American:ELA) (the "Company"), today reported that through an affiliate it has signed an agreement to purchase property for its next solar-recycling...
Envela Celebrates Earth Day 2022
DALLAS, TX / April 22, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, celebrates Earth Day by joining the global call for substantive progress in meeting urgent environmental challenges, and...
Envela Retail Division Expands Executive Team with Key New Hire
DALLAS, TX / April 19, 2022 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today announced that Thomas Mathias, an executive with over 25 years of retail real-estate experience, has joined DGSE's leadership...
Envela Reports Fourth Quarter and Fiscal Year 2021 Financial Results
2021 Revenue Up 24% to Record $140.9M, Drives Net Income Over $10.0M DALLAS, TX / March 16, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its fourth quarter and full-year ended December 31, 2021, which...
Envela to Announce Fourth Quarter and Fiscal Year 2021 Financial Results on Wednesday, March 16, 2022
DALLAS, TX / March 9, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, announced that it plans to report its financial results for the fourth quarter and fiscal year 2021 after the...
Envela Welcomes Richard Schepp to Board of Directors
DALLAS, TX / December 7, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that Richard D. Schepp, former Chief Administrative Officer of Kohl's Corporation (NYSE:KSS), will be appointed to Envela's Board of Directors as an...
Envela Reports Third Quarter 2021 Financial Results
Revenue Up 12% Quarter-over-Quarter to $37.7 Million DALLAS, TX / November 3, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its third quarter ended September 30, 2021. Management Commentary "The third...
Envela Subsidiary Expands Geographically with Acquisition
DALLAS, TX / November 3, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its wholly owned subsidiary ECHG, LLC has completed its purchase of the assets of Avail Recovery Solutions, LLC, a leader in IT asset recovery...