ENVELA CORPORATION

(ELA)
  Report
Delayed Nyse  -  05/25 03:59:55 pm EDT
4.842 USD   +0.88%
05/11ENVELA CORP MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)
AQ
05/11Envela Corporation Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
05/11Earnings Flash (ELA) ENVELA CORPORATION Posts Q1 Revenue $47.4M, vs. Street Est of $30.6M
MT
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Business Summary
Logo Envela Corporation
Envela Corporation is a holding company, which is engaged in the re-commercialization of goods. The Company’s re-commerce businesses are conducted on both a retail basis and a wholesale basis through distributors, resellers, brick-and-mortar stores and online. Its subsidiaries also operate a number of other related businesses and brands engaged in a variety of activities. The Company operates through two segments represented by its two subsidiaries: DGSE, LLC (DGSE) and ECHG, LLC (ECHG). DGSE segment operates the Dallas Gold & Silver Exchange, Charleston Gold & Diamond Exchange and Bullion Express brands and primarily buys and resells or recycles luxury hard assets like jewelry, diamonds, gemstones, fine watches, rare coins and related collectibles, precious-metal bullion products, gold, silver, and other precious-metals. ECHG segment owns and operates Echo Environmental Holdings, LLC; ITAD USA Holdings, LLC; Teladvance, LLC; CEX Holdings, LLC and Avail Recovery Solutions, LLC.

Number of employees : 256 people.
Sales per Business
20202021Delta
Dallas Gold and Silver Exchange85.6675.2%96.7268.6% +12.91%
Echo Entities28.2624.8%44.2531.4% +56.57%
USD in Million
Sales per region
20202021Delta
United States113.92100%140.97100% +23.74%
USD in Million
Managers
Name Title Age Since
John R. Loftus Chairman, President & Chief Executive Officer 52 2016
Bret A. Pedersen CFO & Principal Accounting Officer 60 2017
Joel S. Friedman Chief Information Officer 52 2021
Members of the board
Name Title Age Since
John R. Loftus Chairman, President & Chief Executive Officer 52 2016
Jim R. Ruth Independent Director 57 2017
Alexandra C. Griffin Independent Director 32 2017
Richard D. Schepp Independent Director 60 2021
Allison M. DeStefano Director 37 2018
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 26,924,631 7,529,191 28.0% 0 0.0% 28.0%
Shareholders
NameEquities%
John R. Loftus 19,180,187 71.2%
The Vanguard Group, Inc. 360,730 1.34%
Crown Advisors Management, Inc. 240,000 0.89%
Renaissance Technologies LLC 231,184 0.86%
Kennedy Capital Management, Inc. 223,933 0.83%
Allison M. DeStefano 135,026 0.50%
Diametric Capital LP 119,379 0.44%
Bridgeway Capital Management LLC 117,000 0.43%
Manatuck Hill Partners LLC 100,370 0.37%
BFT Financial Group LLC 83,335 0.31%
Brand Portfolio
In partnership withAllbrands.markets
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