Envela Corporation

NYSE American ELA

Envela Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 3.83%

Envela Corporation Net Income Margin is 3.83% for the Trailing 12 Months (TTM) ending September 30, 2024, a -40.34% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Envela Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 6.42%, a -8.55% change year over year.
Envela Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 7.02%, a -1.16% change year over year.
Envela Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 7.11%, a 38.08% change year over year.
Envela Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 5.15%, a 50.42% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

NYSE American: ELA

Envela Corporation

CEO	Mr. John Richardson Loftus
IPO Date	March 18, 1992
Location	United States
Headquarters	1901 Gateway Drive
Employees	288
Sector	Consumer Discretionary
Industries Luxury Goods Auctions Bitcoin & Crypto Gold Hardware & Electronics Investment Banking & Asset Management Specialty Retail Stock Exchanges & Brokers

Description

Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. It offers jewelry and fine-watch products, including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds, and other gemstones, as well as watches and jewelry components. The company also buys and sells various forms of gold, silver, platinum, and palladium products, including United States and other government coins, private mint medallions, art bars, and trade unit bars; and numismatic items, such as rare coins, currency, medals, tokens, and other collectibles, as well as provides jewelry and watches repair services. In addition, it offers end-of-life electronics recycling services; disposal transportation and product tracking services; IT-asset disposition services, including compliance and data sanitization services; and services to companies in the areas of software upgrades, and hardware or networking capabilities, as well as moving to cloud services. As of December 31, 2021, Envela Corporation marketed its products and services through six retail locations under the Dallas Gold & Silver Exchange name; and one retail location under the Charleston Gold & Diamond Exchange name, as well as through cgdeinc.com, dgse.com, echoenvironmental.com, ITADUSA.com, availrecovery.com, and teladvance.com e-commerce sites. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.

Key trends

Past 5 years