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 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...
Envela Partners with Gateway to Lead Expanded Investor Relations Program
DALLAS, TX / April 20, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") has appointed Gateway Group, a leading strategic financial communications and capital markets advisory firm, to manage its expanded investor relations program initiatives,...
Echo Environmental Receives 2021 Verizon Supplier Sustainability Award
CARROLLTON, TX / April 15, 2021 / Echo Environmental, a subsidiary of Envela Corporation (NYSE American:ELA) ("Echo" or the "Company"), today reported that it has been selected to receive Verizon's 2021 Supplier Sustainability Award. Awarded by James J. Gowen,...
Envela Reports Fourth Quarter and Fiscal Year 2020 Financial Results
2020 Revenue Up 39% to Record $113.9M, Drives Net Income Over $6.4M DALLAS, TX / March 23, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for the fourth quarter and full year ended December 31, 2020, which...
Envela to Announce Fourth Quarter and Fiscal Year 2020 Financial Results on Tuesday, March 23, 2021
DALLAS, TX / March 8, 2021 / 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 23, 2021. About Envela Envela...
Argus Equity Report Raises Envela Valuation to $8 Per Share
DALLAS, TX / December 11, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that Steve Silver, analyst for Argus Research Co., a leading independent equity research firm since 1934, feels Envela remains uniquely positioned for...
Envela Subsidiary DGSE Opens New Grapevine Retail Store
DALLAS, TX / November 30, 2020 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it opened its Dallas Gold & Silver Exchange retail building in Grapevine, Texas. "Upgrading and moving our...
Envela Subsidiary Named One of the Top 100 Places to Work in DFW
DALLAS, TX / November 13, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it is excited about its subsidiary being named to Dallas Morning News' "Top 100 Places to Work 2020," an annual ranking of the best work...
Envela Corporation to Present at the virtual Fall Investor Summit on November 16th-18th
NEW YORK, NY / November 12, 2020 / Envela Corporation (NYSE American:ELA), and its subsidiaries engage in diverse business activities within the recommerce sector including recommercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life...
Envela Crushes Third Quarter – Bests 2019 Combined Annual Profit
DALLAS, TX / November 5, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced its financial results for the third quarter of 2020, with record revenue of $38.8 million and record net income of $3.0 million. This quarterly profit...