Envela Corporation (ELA) 10-Year Financial Performance & Capital Metrics

ELA • • Industrial / General

Consumer CyclicalLuxury GoodsFine Jewelry RetailersTraditional Jewelry Retail Chains

AboutEnvela 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.Show more

Revenue $180M +2.9%
EBITDA $10M -4.0%
Net Income $7M -5.5%
EPS (Diluted) 0.26 -3.7%
Gross Margin 24.57% +3.4%
EBITDA Margin 5.38% -6.8%
Operating Margin 4.52% -9.5%
Net Margin 3.75% -8.1%
ROE 13.39% -14.2%
ROIC 12.22% -8.9%
Debt/Equity 0.35 -12.7%
Interest Coverage 18.24 -3.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 24.4%
✓Strong 5Y profit CAGR of 19.4%
✓Momentum leader: RS Rating 93 (top 7%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 17.1%
✓Share count reduced 2.4% through buybacks

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y9.81%

5Y17.07%

3Y8.56%

TTM23.75%

Profit (Net Income) CAGR

10Y-

5Y19.43%

3Y-12.39%

TTM57.78%

EPS CAGR

10Y-

5Y21.06%

3Y-11.1%

TTM61.55%

ROCE

10Y Avg7.2%

5Y Avg19.57%

3Y Avg17.1%

Latest12.57%

Peer Comparison

Traditional Jewelry Retail Chains

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ELAEnvela Corporation	375.43M	14.46	55.62	2.92%	4.89%	16.71%	1.79%	0.35
BGIBirks Group Inc.	12.71M	1.07	-1.60	-4.03%	-3.77%
SIGSignet Jewelers Limited	3.81B	93.54	-115.48	-6.52%	2.13%	8.43%	11.51%	0.64

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	60.92M	48.33M	61.99M	54.06M	82.02M	113.92M	140.97M	182.69M	175.26M	180.38M
Revenue Growth %	-0.14%	-0.21%	0.28%	-0.13%	0.52%	0.39%	0.24%	0.3%	-0.04%	0.03%
Cost of Goods Sold+	51.19M	40.02M	50.71M	44.38M	65.77M	90.85M	109.74M	137.86M	133.61M	136.06M
COGS % of Revenue	0.84%	0.83%	0.82%	0.82%	0.8%	0.8%	0.78%	0.75%	0.76%	0.75%
Gross Profit+	9.73M	8.31M	11.29M	9.68M	16.26M	23.07M	31.22M	44.83M	41.66M	44.32M
Gross Margin %	0.16%	0.17%	0.18%	0.18%	0.2%	0.2%	0.22%	0.25%	0.24%	0.25%
Gross Profit Growth %	-0.23%	-0.15%	0.36%	-0.14%	0.68%	0.42%	0.35%	0.44%	-0.07%	0.06%
Operating Expenses+	11.68M	10.75M	9.3M	8.99M	13.01M	16.28M	21.72M	30.88M	32.9M	36.16M
OpEx % of Revenue	0.19%	0.22%	0.15%	0.17%	0.16%	0.14%	0.15%	0.17%	0.19%	0.2%
Selling, General & Admin	11.15M	10.35M	8.98M	8.7M	12.49M	15.55M	20.8M	29.43M	31.54M	34.61M
SG&A % of Revenue	0.18%	0.21%	0.14%	0.16%	0.15%	0.14%	0.15%	0.16%	0.18%	0.19%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	8.02K	4.2K	84.65K	216.47K	520.3K	728.63K	926.1K	1.45M	1.36M	1.55M
Operating Income+	-1.96M	-3.6M	1.95M	651.43K	3.24M	6.79M	9.5M	13.94M	8.76M	8.16M
Operating Margin %	-0.03%	-0.07%	0.03%	0.01%	0.04%	0.06%	0.07%	0.08%	0.05%	0.05%
Operating Income Growth %	-3.87%	-0.84%	1.54%	-0.67%	3.98%	1.09%	0.4%	0.47%	-0.37%	-0.07%
EBITDA+	-1.42M	-3.19M	2.28M	938.18K	3.76M	7.52M	10.42M	15.4M	10.12M	9.71M
EBITDA Margin %	-0.02%	-0.07%	0.04%	0.02%	0.05%	0.07%	0.07%	0.08%	0.06%	0.05%
EBITDA Growth %	-71.99%	-1.24%	1.71%	-0.59%	3.01%	1%	0.39%	0.48%	-0.34%	-0.04%
D&A (Non-Cash Add-back)	535.22K	403.72K	320.74K	286.75K	520.3K	728.63K	926.1K	1.45M	1.36M	1.55M
EBIT	-1.95M	-3.59M	2.04M	691.48K	3.29M	7.09M	10.87M	14.86M	9.48M	9.2M
Net Interest Income+	-347.97K	-364.53K	-199.24K	-149.54K	-414.96K	-620.5K	-704.05K	-483.69K	-463.2K	-447.38K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	347.97K	364.53K	199.24K	149.54K	414.96K	620.5K	704.05K	483.69K	463.2K	447.38K
Other Income/Expense	-339.95K	-360.34K	-114.59K	66.92K	-365.2K	-313.5K	664.71K	435K	264.58K	590.3K
Pretax Income+	-2.3M	-3.96M	1.84M	718.36K	2.88M	6.47M	10.16M	14.38M	9.02M	8.75M
Pretax Margin %	-0.04%	-0.08%	0.03%	0.01%	0.04%	0.06%	0.07%	0.08%	0.05%	0.05%
Income Tax+	31.8K	47.92K	1.22K	60.67K	95.12K	89.62K	112.81K	-1.31M	1.87M	1.99M
Effective Tax Rate %	0.98%	1.01%	1%	0.92%	0.97%	0.99%	0.99%	1.09%	0.79%	0.77%
Net Income+	-2.25M	-4.01M	1.84M	657.68K	2.78M	6.38M	10.05M	15.69M	7.15M	6.76M
Net Margin %	-0.04%	-0.08%	0.03%	0.01%	0.03%	0.06%	0.07%	0.09%	0.04%	0.04%
Net Income Growth %	0.5%	-0.78%	1.46%	-0.64%	3.23%	1.3%	0.57%	0.56%	-0.54%	-0.05%
Net Income (Continuing)	-2.33M	-4.01M	1.84M	657.68K	2.78M	6.38M	10.05M	15.69M	7.15M	6.76M
Discontinued Operations	78.02K	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.18	-0.30	0.07	0.02	0.10	0.24	0.37	0.58	0.27	0.26
EPS Growth %	0.51%	-0.67%	1.23%	-0.65%	3.12%	1.4%	0.54%	0.57%	-0.53%	-0.04%
EPS (Basic)	-0.18	-0.30	0.07	0.02	0.10	0.24	0.37	0.58	0.27	0.26
Diluted Shares Outstanding	12.28M	13.21M	27.44M	27.02M	26.94M	26.94M	26.94M	26.94M	26.84M	26.18M
Basic Shares Outstanding	12.26M	13.21M	26.92M	26.92M	26.92M	26.92M	26.92M	26.92M	26.82M	26.18M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	11.65M	11.14M	10.89M	11.39M	18.35M	23.51M	34.37M	48.89M	49.9M	51.6M
Cash & Short-Term Investments	1.75M	1.41M	1.27M	1.45M	4.51M	9.22M	10.14M	17.17M	17.85M	20.61M
Cash Only	1.75M	1.41M	1.27M	1.45M	4.51M	9.22M	10.14M	17.17M	17.85M	20.61M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	229.85K	285.72K	840.84K	94.34K	3M	2.85M	7.17M	8.53M	7.81M	4.39M
Days Sales Outstanding	1.38	2.16	4.95	0.64	13.34	9.12	18.56	17.04	16.27	8.88
Inventory	9.57M	9.38M	8.6M	9.77M	9.51M	10.01M	14.05M	18.76M	23.15M	25.71M
Days Inventory Outstanding	68.2	85.59	61.89	80.32	52.78	40.2	46.72	49.66	63.23	68.96
Other Current Assets	0	0	0	0	1.16M	1.16M	2.57M	3.21M	4.7K	28.84K
Total Non-Current Assets+	4.5M	1.78M	2.42M	1.62M	8.65M	17.07M	24.9M	22.39M	23.58M	26.27M
Property, Plant & Equipment	4.28M	1.67M	1.69M	1.32M	3.69M	10.41M	15.5M	13.58M	15.14M	18.26M
Fixed Asset Turnover	14.23x	29.02x	36.66x	40.93x	22.25x	10.94x	9.10x	13.45x	11.57x	9.88x
Goodwill	0	0	0	0	1.37M	1.37M	6.14M	3.62M	3.92M	3.62M
Intangible Assets	13.78K	0	0	234.35K	3.39M	2.99M	3.02M	4.99M	4.31M	4.1M
Long-Term Investments	0	0	632.86K	0	0	0	0	0	0	0
Other Non-Current Assets	204.23K	110.61K	98.75K	68.41K	204.78K	2.3M	237.76K	-1.3M	201.45K	241.44K
Total Assets+	16.15M	12.91M	13.31M	13.02M	27M	40.58M	59.27M	71.28M	73.47M	77.87M
Asset Turnover	3.77x	3.74x	4.66x	4.15x	3.04x	2.81x	2.38x	2.56x	2.39x	2.32x
Asset Growth %	-0.15%	-0.2%	0.03%	-0.02%	1.07%	0.5%	0.46%	0.2%	0.03%	0.06%
Total Current Liabilities+	9.97M	7.01M	5.56M	4.6M	4.81M	6.05M	9.8M	8.87M	8.99M	12.52M
Accounts Payable	5.69M	5.21M	4.68M	3.93M	1.47M	1.51M	2.49M	3.36M	3.13M	3.18M
Days Payables Outstanding	40.56	47.52	33.68	32.3	8.15	6.07	8.28	8.89	8.54	8.52
Short-Term Debt	1.59M	0	0	0	1.08M	2.12M	2.77M	1.25M	1.36M	3.59M
Deferred Revenue (Current)	1000K	572.36K	72.7K	97.84K	165.4K	428.98K	1000K	282.48K	211.65K	0
Other Current Liabilities	1.5M	0	206.58K	140.72K	0	0	0	1.78M	1.86M	322.38K
Current Ratio	1.17x	1.59x	1.96x	2.47x	3.82x	3.88x	3.51x	5.51x	5.55x	4.12x
Quick Ratio	0.21x	0.25x	0.41x	0.35x	1.84x	2.23x	2.07x	3.40x	2.97x	2.07x
Cash Conversion Cycle	29.02	40.23	33.16	48.65	57.97	43.25	57	57.8	70.96	69.31
Total Non-Current Liabilities+	2.32M	1.07K	0	0	11M	16.95M	21.84M	19.1M	16.17M	12.7M
Long-Term Debt	2.3M	0	0	0	8.55M	13.29M	15.97M	14.73M	13.57M	9.93M
Capital Lease Obligations	13.66K	1.07K	0	0	2.45M	3.65M	5.87M	4.37M	2.56M	2.77M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	38.67K	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	0	0
Total Liabilities	12.28M	7.01M	5.56M	4.6M	15.81M	23M	31.64M	27.96M	25.17M	25.22M
Total Debt+	3.92M	13.66K	2.35K	0	13.26M	20.22M	26.18M	22.03M	19.3M	18.37M
Net Debt	2.17M	-1.4M	-1.27M	-1.45M	8.75M	11M	16.04M	4.86M	1.45M	-2.24M
Debt / Equity	1.01x	0.00x	0.00x	-	1.18x	1.15x	0.95x	0.51x	0.40x	0.35x
Debt / EBITDA	-	-	0.00x	-	3.53x	2.69x	2.51x	1.43x	1.91x	1.89x
Net Debt / EBITDA	-	-	-0.56x	-1.55x	2.33x	1.46x	1.54x	0.32x	0.14x	-0.23x
Interest Coverage	-5.63x	-9.87x	9.81x	4.36x	7.81x	10.94x	13.49x	28.83x	18.90x	18.24x
Total Equity+	3.87M	5.91M	7.76M	8.41M	11.19M	17.58M	27.63M	43.32M	48.31M	52.65M
Equity Growth %	-0.36%	0.53%	0.31%	0.08%	0.33%	0.57%	0.57%	0.57%	0.12%	0.09%
Book Value per Share	0.32	0.45	0.28	0.31	0.42	0.65	1.03	1.61	1.80	2.01
Total Shareholders' Equity	3.87M	5.91M	7.76M	8.41M	11.19M	17.58M	27.63M	43.32M	48.31M	52.65M
Common Stock	122.96K	269.06K	269.24K	269.24K	269.24K	269.25K	269.25K	269.25K	269.25K	269.25K
Retained Earnings	-30.52M	-34.52M	-32.69M	-32.03M	-29.25M	-22.86M	-12.81M	2.87M	10.02M	16.78M
Treasury Stock	0	0	0	0	0	0	0	0	-2.16M	-4.57M
Accumulated OCI	-2.48M	0	-2.07M	-1.7M	0	0	0	-269.25K	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	133.85K	381.55K	248.28K	375.22K	-542.83K	6.9M	2.81M	10.02M	5.84M	10.19M
Operating CF Margin %	0%	0.01%	0%	0.01%	-0.01%	0.06%	0.02%	0.05%	0.03%	0.06%
Operating CF Growth %	2.57%	1.85%	-0.35%	0.51%	-2.45%	13.71%	-0.59%	2.57%	-0.42%	0.74%
Net Income	-2.33M	-4.01M	1.84M	657.68K	2.78M	6.38M	10.05M	15.69M	7.15M	6.76M
Depreciation & Amortization	535.22K	403.72K	320.74K	286.75K	520.3K	728.63K	926.1K	1.45M	1.36M	1.55M
Stock-Based Compensation	36.88K	101.78K	10.69K	0	0	325	0	0	0	0
Deferred Taxes	-36.88K	1.13M	0	0	0	-1.83M	0	-1.49M	1.53M	-88.19K
Other Non-Cash Items	36.88K	101.78K	196.86K	1.28M	0	1.83M	-697.38K	-718.09K	2.2M	2.33M
Working Capital Changes	1.89M	2.65M	-2.12M	-1.85M	-3.84M	-215.8K	-7.47M	-4.91M	-6.39M	-355.11K
Change in Receivables	674.23K	-262.41K	-687.79K	115.03K	-1.88M	151.12K	-3.97M	-903.8K	0	3.19M
Change in Inventory	1.58M	181.37K	786.45K	-1.17M	1.46M	-497.44K	-3.55M	-4.71M	0	-2.56M
Change in Payables	-509.77B	3.19M	-936.57K	-976.98K	-3.57M	-29.33K	752.38K	1.37M	0	50.81K
Cash from Investing+	-437.06K	1.07M	-376.84K	-191.13K	-6.04M	-7.96M	-4.88M	-229.34K	-1.76M	-3.76M
Capital Expenditures	-437.06K	-1.18M	-376.84K	-191.13K	-102.99K	-5.86M	-3.14M	-272.75K	-2.24M	-3.46M
CapEx % of Revenue	0.01%	0.02%	0.01%	0%	0%	0.05%	0.02%	0%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	15K	2.25M	0	-66K	-60K	-2.1M	-238.65K	260.4K	578.25K	-300.9K
Cash from Financing+	-143.51K	-1.6M	-11.31K	-2.35K	9.64M	5.77M	2.99M	-2.76M	-3.4M	-3.68M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	10M	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-303.2K	-798.23K	-128.56K	184.09K	-705.82K	1.03M	-333.65K	9.75M	3.6M	6.73M
FCF Margin %	-0%	-0.02%	-0%	0%	-0.01%	0.01%	-0%	0.05%	0.02%	0.04%
FCF Growth %	-0.26%	-1.63%	0.84%	2.43%	-4.83%	2.46%	-1.32%	30.21%	-0.63%	0.87%
FCF per Share	-0.02	-0.06	-0.00	0.01	-0.03	0.04	-0.01	0.36	0.13	0.26
FCF Conversion (FCF/Net Income)	-0.06x	-0.10x	0.14x	0.57x	-0.20x	1.08x	0.28x	0.64x	0.82x	1.51x
Interest Paid	266.55K	364.53K	199.24K	149.54K	390.86K	620.5K	688.39K	491.83K	463.56K	449.03K
Taxes Paid	70.42K	47.92K	45.31K	56.78K	43.58K	59.02K	86K	133K	197.56K	2.27M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-45.23%	-81.94%	26.92%	8.13%	28.36%	44.38%	44.46%	44.23%	15.6%	13.39%
Return on Invested Capital (ROIC)	-20.98%	-51.17%	26.67%	7.27%	18.07%	20.98%	19.72%	22.77%	13.41%	12.22%
Gross Margin	15.97%	17.19%	18.21%	17.91%	19.82%	20.25%	22.15%	24.54%	23.77%	24.57%
Net Margin	-3.7%	-8.29%	2.97%	1.22%	3.39%	5.6%	7.13%	8.59%	4.08%	3.75%
Debt / Equity	1.01x	0.00x	0.00x	-	1.18x	1.15x	0.95x	0.51x	0.40x	0.35x
Interest Coverage	-5.63x	-9.87x	9.81x	4.36x	7.81x	10.94x	13.49x	28.83x	18.90x	18.24x
FCF Conversion	-0.06x	-0.10x	0.14x	0.57x	-0.20x	1.08x	0.28x	0.64x	0.82x	1.51x
Revenue Growth	-13.89%	-20.67%	28.28%	-12.81%	51.74%	38.89%	23.74%	29.6%	-4.06%	2.92%

Revenue by Segment

	2024
Consumer	130.47M
Consumer Growth	-
Commercial	49.91M
Commercial Growth	-

Frequently Asked Questions

Valuation & Price

Envela Corporation (ELA) has a price-to-earnings (P/E) ratio of 55.6x. This suggests investors expect higher future growth.

Growth & Financials

Envela Corporation (ELA) reported $208.8M in revenue for fiscal year 2024. This represents a 40% increase from $149.6M in 2011.

Envela Corporation (ELA) grew revenue by 2.9% over the past year. Growth has been modest.

Yes, Envela Corporation (ELA) is profitable, generating $10.2M in net income for fiscal year 2024 (3.7% net margin).

Dividend & Returns

Envela Corporation (ELA) has a return on equity (ROE) of 13.4%. This is reasonable for most industries.

Envela Corporation (ELA) generated $8.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Envela Corporation (ELA) 10-Year Financial Performance & Capital Metrics

ELA • • Industrial / General

Consumer CyclicalLuxury GoodsFine Jewelry RetailersTraditional Jewelry Retail Chains

Revenue $180M +2.9%
EBITDA $10M -4.0%
Net Income $7M -5.5%
EPS (Diluted) 0.26 -3.7%
Gross Margin 24.57% +3.4%
EBITDA Margin 5.38% -6.8%
Operating Margin 4.52% -9.5%
Net Margin 3.75% -8.1%
ROE 13.39% -14.2%
ROIC 12.22% -8.9%
Debt/Equity 0.35 -12.7%
Interest Coverage 18.24 -3.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 24.4%
✓Strong 5Y profit CAGR of 19.4%
✓Momentum leader: RS Rating 93 (top 7%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 17.1%
✓Share count reduced 2.4% through buybacks

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y9.81%

5Y17.07%

3Y8.56%

TTM23.75%

Profit (Net Income) CAGR

10Y-

5Y19.43%

3Y-12.39%

TTM57.78%

EPS CAGR

10Y-

5Y21.06%

3Y-11.1%

TTM61.55%

ROCE

10Y Avg7.2%

5Y Avg19.57%

3Y Avg17.1%

Latest12.57%

Peer Comparison

Traditional Jewelry Retail Chains

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ELAEnvela Corporation	375.43M	14.46	55.62	2.92%	4.89%	16.71%	1.79%	0.35
BGIBirks Group Inc.	12.71M	1.07	-1.60	-4.03%	-3.77%
SIGSignet Jewelers Limited	3.81B	93.54	-115.48	-6.52%	2.13%	8.43%	11.51%	0.64

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	60.92M	48.33M	61.99M	54.06M	82.02M	113.92M	140.97M	182.69M	175.26M	180.38M
Revenue Growth %	-0.14%	-0.21%	0.28%	-0.13%	0.52%	0.39%	0.24%	0.3%	-0.04%	0.03%
Cost of Goods Sold+	51.19M	40.02M	50.71M	44.38M	65.77M	90.85M	109.74M	137.86M	133.61M	136.06M
COGS % of Revenue	0.84%	0.83%	0.82%	0.82%	0.8%	0.8%	0.78%	0.75%	0.76%	0.75%
Gross Profit+	9.73M	8.31M	11.29M	9.68M	16.26M	23.07M	31.22M	44.83M	41.66M	44.32M
Gross Margin %	0.16%	0.17%	0.18%	0.18%	0.2%	0.2%	0.22%	0.25%	0.24%	0.25%
Gross Profit Growth %	-0.23%	-0.15%	0.36%	-0.14%	0.68%	0.42%	0.35%	0.44%	-0.07%	0.06%
Operating Expenses+	11.68M	10.75M	9.3M	8.99M	13.01M	16.28M	21.72M	30.88M	32.9M	36.16M
OpEx % of Revenue	0.19%	0.22%	0.15%	0.17%	0.16%	0.14%	0.15%	0.17%	0.19%	0.2%
Selling, General & Admin	11.15M	10.35M	8.98M	8.7M	12.49M	15.55M	20.8M	29.43M	31.54M	34.61M
SG&A % of Revenue	0.18%	0.21%	0.14%	0.16%	0.15%	0.14%	0.15%	0.16%	0.18%	0.19%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	8.02K	4.2K	84.65K	216.47K	520.3K	728.63K	926.1K	1.45M	1.36M	1.55M
Operating Income+	-1.96M	-3.6M	1.95M	651.43K	3.24M	6.79M	9.5M	13.94M	8.76M	8.16M
Operating Margin %	-0.03%	-0.07%	0.03%	0.01%	0.04%	0.06%	0.07%	0.08%	0.05%	0.05%
Operating Income Growth %	-3.87%	-0.84%	1.54%	-0.67%	3.98%	1.09%	0.4%	0.47%	-0.37%	-0.07%
EBITDA+	-1.42M	-3.19M	2.28M	938.18K	3.76M	7.52M	10.42M	15.4M	10.12M	9.71M
EBITDA Margin %	-0.02%	-0.07%	0.04%	0.02%	0.05%	0.07%	0.07%	0.08%	0.06%	0.05%
EBITDA Growth %	-71.99%	-1.24%	1.71%	-0.59%	3.01%	1%	0.39%	0.48%	-0.34%	-0.04%
D&A (Non-Cash Add-back)	535.22K	403.72K	320.74K	286.75K	520.3K	728.63K	926.1K	1.45M	1.36M	1.55M
EBIT	-1.95M	-3.59M	2.04M	691.48K	3.29M	7.09M	10.87M	14.86M	9.48M	9.2M
Net Interest Income+	-347.97K	-364.53K	-199.24K	-149.54K	-414.96K	-620.5K	-704.05K	-483.69K	-463.2K	-447.38K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	347.97K	364.53K	199.24K	149.54K	414.96K	620.5K	704.05K	483.69K	463.2K	447.38K
Other Income/Expense	-339.95K	-360.34K	-114.59K	66.92K	-365.2K	-313.5K	664.71K	435K	264.58K	590.3K
Pretax Income+	-2.3M	-3.96M	1.84M	718.36K	2.88M	6.47M	10.16M	14.38M	9.02M	8.75M
Pretax Margin %	-0.04%	-0.08%	0.03%	0.01%	0.04%	0.06%	0.07%	0.08%	0.05%	0.05%
Income Tax+	31.8K	47.92K	1.22K	60.67K	95.12K	89.62K	112.81K	-1.31M	1.87M	1.99M
Effective Tax Rate %	0.98%	1.01%	1%	0.92%	0.97%	0.99%	0.99%	1.09%	0.79%	0.77%
Net Income+	-2.25M	-4.01M	1.84M	657.68K	2.78M	6.38M	10.05M	15.69M	7.15M	6.76M
Net Margin %	-0.04%	-0.08%	0.03%	0.01%	0.03%	0.06%	0.07%	0.09%	0.04%	0.04%
Net Income Growth %	0.5%	-0.78%	1.46%	-0.64%	3.23%	1.3%	0.57%	0.56%	-0.54%	-0.05%
Net Income (Continuing)	-2.33M	-4.01M	1.84M	657.68K	2.78M	6.38M	10.05M	15.69M	7.15M	6.76M
Discontinued Operations	78.02K	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.18	-0.30	0.07	0.02	0.10	0.24	0.37	0.58	0.27	0.26
EPS Growth %	0.51%	-0.67%	1.23%	-0.65%	3.12%	1.4%	0.54%	0.57%	-0.53%	-0.04%
EPS (Basic)	-0.18	-0.30	0.07	0.02	0.10	0.24	0.37	0.58	0.27	0.26
Diluted Shares Outstanding	12.28M	13.21M	27.44M	27.02M	26.94M	26.94M	26.94M	26.94M	26.84M	26.18M
Basic Shares Outstanding	12.26M	13.21M	26.92M	26.92M	26.92M	26.92M	26.92M	26.92M	26.82M	26.18M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	11.65M	11.14M	10.89M	11.39M	18.35M	23.51M	34.37M	48.89M	49.9M	51.6M
Cash & Short-Term Investments	1.75M	1.41M	1.27M	1.45M	4.51M	9.22M	10.14M	17.17M	17.85M	20.61M
Cash Only	1.75M	1.41M	1.27M	1.45M	4.51M	9.22M	10.14M	17.17M	17.85M	20.61M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	229.85K	285.72K	840.84K	94.34K	3M	2.85M	7.17M	8.53M	7.81M	4.39M
Days Sales Outstanding	1.38	2.16	4.95	0.64	13.34	9.12	18.56	17.04	16.27	8.88
Inventory	9.57M	9.38M	8.6M	9.77M	9.51M	10.01M	14.05M	18.76M	23.15M	25.71M
Days Inventory Outstanding	68.2	85.59	61.89	80.32	52.78	40.2	46.72	49.66	63.23	68.96
Other Current Assets	0	0	0	0	1.16M	1.16M	2.57M	3.21M	4.7K	28.84K
Total Non-Current Assets+	4.5M	1.78M	2.42M	1.62M	8.65M	17.07M	24.9M	22.39M	23.58M	26.27M
Property, Plant & Equipment	4.28M	1.67M	1.69M	1.32M	3.69M	10.41M	15.5M	13.58M	15.14M	18.26M
Fixed Asset Turnover	14.23x	29.02x	36.66x	40.93x	22.25x	10.94x	9.10x	13.45x	11.57x	9.88x
Goodwill	0	0	0	0	1.37M	1.37M	6.14M	3.62M	3.92M	3.62M
Intangible Assets	13.78K	0	0	234.35K	3.39M	2.99M	3.02M	4.99M	4.31M	4.1M
Long-Term Investments	0	0	632.86K	0	0	0	0	0	0	0
Other Non-Current Assets	204.23K	110.61K	98.75K	68.41K	204.78K	2.3M	237.76K	-1.3M	201.45K	241.44K
Total Assets+	16.15M	12.91M	13.31M	13.02M	27M	40.58M	59.27M	71.28M	73.47M	77.87M
Asset Turnover	3.77x	3.74x	4.66x	4.15x	3.04x	2.81x	2.38x	2.56x	2.39x	2.32x
Asset Growth %	-0.15%	-0.2%	0.03%	-0.02%	1.07%	0.5%	0.46%	0.2%	0.03%	0.06%
Total Current Liabilities+	9.97M	7.01M	5.56M	4.6M	4.81M	6.05M	9.8M	8.87M	8.99M	12.52M
Accounts Payable	5.69M	5.21M	4.68M	3.93M	1.47M	1.51M	2.49M	3.36M	3.13M	3.18M
Days Payables Outstanding	40.56	47.52	33.68	32.3	8.15	6.07	8.28	8.89	8.54	8.52
Short-Term Debt	1.59M	0	0	0	1.08M	2.12M	2.77M	1.25M	1.36M	3.59M
Deferred Revenue (Current)	1000K	572.36K	72.7K	97.84K	165.4K	428.98K	1000K	282.48K	211.65K	0
Other Current Liabilities	1.5M	0	206.58K	140.72K	0	0	0	1.78M	1.86M	322.38K
Current Ratio	1.17x	1.59x	1.96x	2.47x	3.82x	3.88x	3.51x	5.51x	5.55x	4.12x
Quick Ratio	0.21x	0.25x	0.41x	0.35x	1.84x	2.23x	2.07x	3.40x	2.97x	2.07x
Cash Conversion Cycle	29.02	40.23	33.16	48.65	57.97	43.25	57	57.8	70.96	69.31
Total Non-Current Liabilities+	2.32M	1.07K	0	0	11M	16.95M	21.84M	19.1M	16.17M	12.7M
Long-Term Debt	2.3M	0	0	0	8.55M	13.29M	15.97M	14.73M	13.57M	9.93M
Capital Lease Obligations	13.66K	1.07K	0	0	2.45M	3.65M	5.87M	4.37M	2.56M	2.77M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	38.67K	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	0	0
Total Liabilities	12.28M	7.01M	5.56M	4.6M	15.81M	23M	31.64M	27.96M	25.17M	25.22M
Total Debt+	3.92M	13.66K	2.35K	0	13.26M	20.22M	26.18M	22.03M	19.3M	18.37M
Net Debt	2.17M	-1.4M	-1.27M	-1.45M	8.75M	11M	16.04M	4.86M	1.45M	-2.24M
Debt / Equity	1.01x	0.00x	0.00x	-	1.18x	1.15x	0.95x	0.51x	0.40x	0.35x
Debt / EBITDA	-	-	0.00x	-	3.53x	2.69x	2.51x	1.43x	1.91x	1.89x
Net Debt / EBITDA	-	-	-0.56x	-1.55x	2.33x	1.46x	1.54x	0.32x	0.14x	-0.23x
Interest Coverage	-5.63x	-9.87x	9.81x	4.36x	7.81x	10.94x	13.49x	28.83x	18.90x	18.24x
Total Equity+	3.87M	5.91M	7.76M	8.41M	11.19M	17.58M	27.63M	43.32M	48.31M	52.65M
Equity Growth %	-0.36%	0.53%	0.31%	0.08%	0.33%	0.57%	0.57%	0.57%	0.12%	0.09%
Book Value per Share	0.32	0.45	0.28	0.31	0.42	0.65	1.03	1.61	1.80	2.01
Total Shareholders' Equity	3.87M	5.91M	7.76M	8.41M	11.19M	17.58M	27.63M	43.32M	48.31M	52.65M
Common Stock	122.96K	269.06K	269.24K	269.24K	269.24K	269.25K	269.25K	269.25K	269.25K	269.25K
Retained Earnings	-30.52M	-34.52M	-32.69M	-32.03M	-29.25M	-22.86M	-12.81M	2.87M	10.02M	16.78M
Treasury Stock	0	0	0	0	0	0	0	0	-2.16M	-4.57M
Accumulated OCI	-2.48M	0	-2.07M	-1.7M	0	0	0	-269.25K	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	133.85K	381.55K	248.28K	375.22K	-542.83K	6.9M	2.81M	10.02M	5.84M	10.19M
Operating CF Margin %	0%	0.01%	0%	0.01%	-0.01%	0.06%	0.02%	0.05%	0.03%	0.06%
Operating CF Growth %	2.57%	1.85%	-0.35%	0.51%	-2.45%	13.71%	-0.59%	2.57%	-0.42%	0.74%
Net Income	-2.33M	-4.01M	1.84M	657.68K	2.78M	6.38M	10.05M	15.69M	7.15M	6.76M
Depreciation & Amortization	535.22K	403.72K	320.74K	286.75K	520.3K	728.63K	926.1K	1.45M	1.36M	1.55M
Stock-Based Compensation	36.88K	101.78K	10.69K	0	0	325	0	0	0	0
Deferred Taxes	-36.88K	1.13M	0	0	0	-1.83M	0	-1.49M	1.53M	-88.19K
Other Non-Cash Items	36.88K	101.78K	196.86K	1.28M	0	1.83M	-697.38K	-718.09K	2.2M	2.33M
Working Capital Changes	1.89M	2.65M	-2.12M	-1.85M	-3.84M	-215.8K	-7.47M	-4.91M	-6.39M	-355.11K
Change in Receivables	674.23K	-262.41K	-687.79K	115.03K	-1.88M	151.12K	-3.97M	-903.8K	0	3.19M
Change in Inventory	1.58M	181.37K	786.45K	-1.17M	1.46M	-497.44K	-3.55M	-4.71M	0	-2.56M
Change in Payables	-509.77B	3.19M	-936.57K	-976.98K	-3.57M	-29.33K	752.38K	1.37M	0	50.81K
Cash from Investing+	-437.06K	1.07M	-376.84K	-191.13K	-6.04M	-7.96M	-4.88M	-229.34K	-1.76M	-3.76M
Capital Expenditures	-437.06K	-1.18M	-376.84K	-191.13K	-102.99K	-5.86M	-3.14M	-272.75K	-2.24M	-3.46M
CapEx % of Revenue	0.01%	0.02%	0.01%	0%	0%	0.05%	0.02%	0%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	15K	2.25M	0	-66K	-60K	-2.1M	-238.65K	260.4K	578.25K	-300.9K
Cash from Financing+	-143.51K	-1.6M	-11.31K	-2.35K	9.64M	5.77M	2.99M	-2.76M	-3.4M	-3.68M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	10M	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-303.2K	-798.23K	-128.56K	184.09K	-705.82K	1.03M	-333.65K	9.75M	3.6M	6.73M
FCF Margin %	-0%	-0.02%	-0%	0%	-0.01%	0.01%	-0%	0.05%	0.02%	0.04%
FCF Growth %	-0.26%	-1.63%	0.84%	2.43%	-4.83%	2.46%	-1.32%	30.21%	-0.63%	0.87%
FCF per Share	-0.02	-0.06	-0.00	0.01	-0.03	0.04	-0.01	0.36	0.13	0.26
FCF Conversion (FCF/Net Income)	-0.06x	-0.10x	0.14x	0.57x	-0.20x	1.08x	0.28x	0.64x	0.82x	1.51x
Interest Paid	266.55K	364.53K	199.24K	149.54K	390.86K	620.5K	688.39K	491.83K	463.56K	449.03K
Taxes Paid	70.42K	47.92K	45.31K	56.78K	43.58K	59.02K	86K	133K	197.56K	2.27M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-45.23%	-81.94%	26.92%	8.13%	28.36%	44.38%	44.46%	44.23%	15.6%	13.39%
Return on Invested Capital (ROIC)	-20.98%	-51.17%	26.67%	7.27%	18.07%	20.98%	19.72%	22.77%	13.41%	12.22%
Gross Margin	15.97%	17.19%	18.21%	17.91%	19.82%	20.25%	22.15%	24.54%	23.77%	24.57%
Net Margin	-3.7%	-8.29%	2.97%	1.22%	3.39%	5.6%	7.13%	8.59%	4.08%	3.75%
Debt / Equity	1.01x	0.00x	0.00x	-	1.18x	1.15x	0.95x	0.51x	0.40x	0.35x
Interest Coverage	-5.63x	-9.87x	9.81x	4.36x	7.81x	10.94x	13.49x	28.83x	18.90x	18.24x
FCF Conversion	-0.06x	-0.10x	0.14x	0.57x	-0.20x	1.08x	0.28x	0.64x	0.82x	1.51x
Revenue Growth	-13.89%	-20.67%	28.28%	-12.81%	51.74%	38.89%	23.74%	29.6%	-4.06%	2.92%

Revenue by Segment

	2024
Consumer	130.47M
Consumer Growth	-
Commercial	49.91M
Commercial Growth	-

Frequently Asked Questions

Valuation & Price

Envela Corporation (ELA) has a price-to-earnings (P/E) ratio of 55.6x. This suggests investors expect higher future growth.

Growth & Financials

Envela Corporation (ELA) reported $208.8M in revenue for fiscal year 2024. This represents a 40% increase from $149.6M in 2011.

Envela Corporation (ELA) grew revenue by 2.9% over the past year. Growth has been modest.

Yes, Envela Corporation (ELA) is profitable, generating $10.2M in net income for fiscal year 2024 (3.7% net margin).

Dividend & Returns

Envela Corporation (ELA) has a return on equity (ROE) of 13.4%. This is reasonable for most industries.

Envela Corporation (ELA) generated $8.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.