Balance Sheet Envela Corporation

Equities

ELA

US29402E1029

Apparel & Accessories Retailers

Market Closed - Nyse Other stock markets 04:00:00 2025-01-17 pm EST			5-day change	1st Jan Change
7.130 ^USD	+0.85%		+0.71%	-0.70%

Jan. 02	Top Premarket Decliners	MT
Nov. 05	Earnings Flash (ELA) ENVELA CORPORATION Reports Q3 Revenue $46.9M	MT

e.QPwPnrx4h3_Nt5irFS4mHCV7OWcadbqr1yH86E66XCE.Gq1Y64sc7CWi7trKJEN1L0gqbw1qHvKdo2y3ihjVP2gLsmKv9AjrKrXCyQ

Published financial data: ENVELA CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	82.02M	114M	141M	183M	172M
Total Revenues	82.02M	114M	141M	183M	172M
Cost of Goods Sold, Total	65.77M	90.85M	110M	138M	130M
Gross Profit	16.26M	23.07M	31.22M	44.83M	41.66M
Selling General & Admin Expenses, Total	12.49M	15.55M	20.8M	29.43M	31.54M
Depreciation & Amortization - (IS)	520K	729K	926K	1.45M	1.36M
Other Operating Expenses, Total	13.01M	16.28M	21.72M	30.88M	32.9M
Operating Income	3.24M	6.79M	9.5M	13.94M	8.76M
Interest Expense, Total	-415K	-620K	-704K	-484K	-463K
Interest And Investment Income	-	114K	114K	11.72K	456K
Net Interest Expenses	-415K	-506K	-590K	-472K	-7.2K
Other Non Operating Income (Expenses)	49.76K	193K	-414K	907K	178K
EBT, Excl. Unusual Items	2.88M	6.47M	8.49M	14.38M	8.93M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	1.67M	-	94K
EBT, Incl. Unusual Items	2.88M	6.47M	10.16M	14.38M	9.02M
Income Tax Expense	95.12K	89.62K	113K	-1.31M	1.87M
Earnings From Continuing Operations	2.78M	6.38M	10.05M	15.69M	7.15M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	2.78M	6.38M	10.05M	15.69M	7.15M
Net Income - (IS)	2.78M	6.38M	10.05M	15.69M	7.15M
Net Income to Common Incl Extra Items	2.78M	6.38M	10.05M	15.69M	7.15M
Net Income to Common Excl. Extra Items	2.78M	6.38M	10.05M	15.69M	7.15M
Per Share Items
Net EPS - Basic	0.1	0.24	0.37	0.58	0.27
Basic EPS - Continuing Operations	0.1	0.24	0.37	0.58	0.27
Basic Weighted Average Shares Outstanding	26.92M	26.92M	26.92M	26.92M	26.82M
Net EPS - Diluted	0.1	0.24	0.37	0.58	0.27
Diluted EPS - Continuing Operations	0.1	0.24	0.37	0.58	0.27
Diluted Weighted Average Shares Outstanding	26.94M	26.94M	26.94M	26.94M	26.84M
Normalized Basic EPS	0.07	0.15	0.2	0.33	0.21
Normalized Diluted EPS	0.07	0.15	0.2	0.33	0.21
Supplemental Items
EBITDA	3.76M	7.52M	10.42M	15.4M	10.12M
EBITA	3.5M	7.19M	9.92M	14.71M	9.44M
EBIT	3.24M	6.79M	9.5M	13.94M	8.76M
EBITDAR	4.91M	8.97M	12.53M	17.99M	12.87M
Effective Tax Rate - (Ratio)	3.31	1.38	1.11	-9.11	20.77
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	95.12K	89.62K	113K	179K	340K
Total Deferred Taxes	-	-	-	-1.49M	1.53M
Normalized Net Income	1.8M	4.05M	5.31M	8.99M	5.58M
Supplemental Operating Expense Items
Advertising Expense	393K	241K	407K	774K	982K
Selling and Marketing Expenses	393K	241K	407K	774K	982K
Net Rental Expense, Total	1.15M	1.45M	2.11M	2.6M	2.75M
Imputed Operating Lease Interest Expense	-	431K	512K	417K	492K
Imputed Operating Lease Depreciation	-	1.02M	1.6M	2.18M	2.25M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	325	-	-	-
Total Stock-Based Compensation	-	325	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	4.51M	9.22M	10.14M	17.17M	17.85M
Total Cash And Short Term Investments	4.51M	9.22M	10.14M	17.17M	17.85M
Accounts Receivable, Total	3M	2.85M	7.17M	7.95M	7.81M
Notes Receivable	-	-	-	578K	-
Total Receivables	3M	2.85M	7.17M	8.53M	7.81M
Inventory	9.51M	10.01M	14.05M	18.76M	23.15M
Prepaid Expenses	173K	282K	439K	1.23M	1.08M
Deferred Tax Assets Current	-	-	-	1.49M	-
Other Current Assets, Total	1.16M	1.16M	2.57M	1.72M	4.7K
Total Current Assets	18.35M	23.51M	34.37M	48.89M	49.9M
Gross Property Plant And Equipment	5.65M	12.54M	18.13M	16.9M	19.14M
Accumulated Depreciation	-1.96M	-2.13M	-2.63M	-3.32M	-3.99M
Net Property Plant And Equipment	3.69M	10.41M	15.5M	13.58M	15.14M
Goodwill	1.37M	1.37M	6.14M	3.62M	3.92M
Other Intangibles, Total	3.39M	2.99M	3.02M	4.99M	4.31M
Loans Receivable Long-Term	-	2.1M	-	-	-
Other Long-Term Assets, Total	205K	198K	238K	187K	201K
Total Assets	27M	40.58M	59.27M	71.28M	73.47M
Liabilities
Accounts Payable, Total	1.68M	1.51M	2.49M	3.36M	3.13M
Accrued Expenses, Total	625K	731K	1.68M	2.13M	2.17M
Short-term Borrowings	-	-	1.7M	-	-
Current Portion of Long-Term Debt	1.08M	2.12M	1.07M	1.25M	1.36M
Current Portion of Leases	1.18M	1.15M	1.57M	1.69M	1.81M
Current Income Taxes Payable	61.87K	113K	110K	155K	319K
Unearned Revenue Current, Total	-	-	-	-	58.73K
Other Current Liabilities	188K	429K	1.18M	282K	153K
Total Current Liabilities	4.81M	6.05M	9.8M	8.87M	8.99M
Long-Term Debt	8.55M	13.29M	15.97M	14.73M	13.57M
Long-Term Leases	2.45M	3.65M	5.87M	4.37M	2.56M
Deferred Tax Liability Non Current	-	-	-	-	38.67K
Total Liabilities	15.81M	23M	31.64M	27.96M	25.17M
Common Stock, Total	269K	269K	269K	269K	269K
Additional Paid In Capital	40.17M	40.17M	40.17M	40.17M	40.17M
Retained Earnings	-29.25M	-22.86M	-12.81M	2.87M	10.02M
Treasury Stock	-	-	-	-	-2.16M
Total Common Equity	11.19M	17.58M	27.63M	43.32M	48.31M
Total Equity	11.19M	17.58M	27.63M	43.32M	48.31M
Total Liabilities And Equity	27M	40.58M	59.27M	71.28M	73.47M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	26.92M	26.92M	26.92M	26.92M	26.35M
ECS Total Common Shares Outstanding	26.92M	26.92M	26.92M	26.92M	26.51M
Book Value / Share	0.42	0.65	1.03	1.61	1.82
Tangible Book Value	6.43M	13.22M	18.46M	34.7M	40.08M
Tangible Book Value Per Share	0.24	0.49	0.69	1.29	1.51
Total Debt	13.26M	20.22M	26.18M	22.03M	19.3M
Net Debt	8.75M	11M	16.04M	4.86M	1.45M
Debt Equivalent Oper. Leases	9.21M	11.62M	16.87M	20.78M	21.97M
Account Code - Inventory Valuation	3	3	-	-	3
Inventories - Finished Goods, Total	9.51M	10.01M	14.05M	18.76M	23.15M
Land - (BS)	55K	1.83M	2.75M	2.75M	2.93M
Buildings, Total	1.64M	3.77M	5.22M	5.3M	6.63M
Machinery, Total	1.61M	1.9M	2.88M	3.06M	3.59M
Full Time Employees	135	152	256	257	288
Part Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	1.58K	51.73K	261K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.78M	6.38M	10.05M	15.69M	7.15M
Depreciation & Amortization - CF	264K	327K	499K	685K	677K
Amortization of Goodwill and Intangible Assets - (CF)	256K	402K	427K	767K	685K
Depreciation & Amortization, Total	520K	729K	926K	1.45M	1.36M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Stock-Based Compensation (CF)	-	325	-	-	-
Provision and Write-off of Bad Debts	-	-	83K	121K	300K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-	-	-780K	-2.33M	3.42M
Change In Accounts Receivable	-1.88M	151K	-3.97M	-904K	-162K
Change In Inventories	1.46M	-497K	-3.55M	-4.71M	-4.39M
Change In Accounts Payable	-3.57M	-29.33K	752K	1.37M	-32.31K
Change in Other Net Operating Assets	136K	160K	-700K	-671K	-1.81M
Cash from Operations	-543K	6.9M	2.81M	10.02M	5.84M
Capital Expenditure	-103K	-5.86M	-3.14M	-273K	-2.24M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-5.88M	-	-1.5M	-217K	-100K
Sale (Purchase) of Intangible assets	-60K	-	-	-	-
Other Investing Activities, Total	-	-2.1M	-239K	260K	578K
Cash from Investing	-6.04M	-7.96M	-4.88M	-229K	-1.76M
Short Term Debt Issued, Total	150K	1.67M	1.7M	-	-
Long-Term Debt Issued, Total	3.07M	4.41M	1.77M	-	-
Total Debt Issued	3.22M	6.08M	3.47M	-	-
Short Term Debt Repaid, Total	-150K	-	-	-	-
Long-Term Debt Repaid, Total	-361K	-305K	-482K	-2.76M	-1.24M
Total Debt Repaid	-511K	-305K	-482K	-2.76M	-1.24M
Repurchase of Common Stock	-	-	-	-	-2.16M
Other Financing Activities, Total	6.93M	-	-	-	-
Cash from Financing	9.64M	5.77M	2.99M	-2.76M	-3.4M
Net Change in Cash	3.06M	4.71M	920K	7.03M	684K
Supplemental Items
Cash Interest Paid	391K	620K	688K	492K	464K
Cash Income Tax Paid (Refund)	43.58K	59.02K	86K	133K	198K
Levered Free Cash Flow	-3.83M	-1.5M	-3.98M	2.57M	711K
Unlevered Free Cash Flow	-3.57M	-1.11M	-3.54M	2.87M	1M
Change In Net Working Capital	5.96M	217K	7.26M	7.02M	3.6M
Net Debt Issued / Repaid	2.71M	5.77M	2.99M	-2.76M	-1.24M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	10.12	12.55	11.89	13.35	7.56
Return on Total Capital	12.33	13.63	12.96	14.63	8.23
Return On Equity %	28.36	44.38	44.46	44.23	15.6
Return on Common Equity	28.36	44.38	44.46	44.23	15.6
Margin Analysis
Gross Profit Margin %	19.82	20.25	22.15	24.54	24.26
SG&A Margin	15.23	13.65	14.75	16.11	18.37
EBITDA Margin %	4.59	6.6	7.39	8.43	5.89
EBITA Margin %	4.26	6.31	7.04	8.05	5.5
EBIT Margin %	3.95	5.96	6.74	7.63	5.1
Income From Continuing Operations Margin %	3.39	5.6	7.13	8.59	4.16
Net Income Margin %	3.39	5.6	7.13	8.59	4.16
Net Avail. For Common Margin %	3.39	5.6	7.13	8.59	4.16
Normalized Net Income Margin	2.19	3.55	3.77	4.92	3.25
Levered Free Cash Flow Margin	-4.67	-1.32	-2.82	1.41	0.41
Unlevered Free Cash Flow Margin	-4.35	-0.98	-2.51	1.57	0.58
Asset Turnover
Asset Turnover	4.1	3.37	2.82	2.8	2.37
Fixed Assets Turnover	32.76	16.16	10.88	12.56	11.29
Receivables Turnover (Average Receivables)	53.05	38.99	28.16	24.17	21.78
Inventory Turnover (Average Inventory)	6.82	9.31	9.12	8.4	6.21
Short Term Liquidity
Current Ratio	3.82	3.88	3.51	5.51	5.55
Quick Ratio	1.56	1.99	1.77	2.83	2.85
Operating Cash Flow to Current Liabilities	-0.11	1.14	0.29	1.13	0.65
Days Sales Outstanding (Average Receivables)	6.88	9.39	12.96	15.1	16.75
Days Outstanding Inventory (Average Inventory)	53.48	39.31	40	43.43	58.82
Average Days Payable Outstanding	15.61	5.97	6.41	7.49	8.81
Cash Conversion Cycle (Average Days)	44.76	42.73	46.55	51.04	66.76
Long Term Solvency
Total Debt/Equity	118.45	115.01	94.77	50.86	39.96
Total Debt / Total Capital	54.22	53.49	48.66	33.72	28.55
LT Debt/Equity	98.27	96.41	79.06	44.08	33.39
Long-Term Debt / Total Capital	44.98	44.84	40.59	29.22	23.86
Total Liabilities / Total Assets	58.55	56.68	53.39	39.23	34.25
EBIT / Interest Expense	7.81	10.94	13.49	28.83	18.9
EBITDA / Interest Expense	11.84	14.45	17.8	37.2	27.78
(EBITDA - Capex) / Interest Expense	11.59	5	13.34	36.64	22.94
Total Debt / EBITDA	2.7	2.25	2.09	1.22	1.5
Net Debt / EBITDA	1.78	1.23	1.28	0.27	0.11
Total Debt / (EBITDA - Capex)	2.76	6.51	2.79	1.24	1.82
Net Debt / (EBITDA - Capex)	1.82	3.54	1.71	0.27	0.14
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	51.74	38.89	23.74	29.6	-6.03
Gross Profit, 1 Yr. Growth %	67.94	41.91	35.34	43.58	-7.07
EBITDA, 1 Yr. Growth %	284.51	99.81	38.68	47.71	-34.28
EBITA, 1 Yr. Growth %	380.98	105.55	38.05	48.24	-35.82
EBIT, 1 Yr. Growth %	368.71	109.41	39.93	46.83	-37.2
Earnings From Cont. Operations, 1 Yr. Growth %	322.8	129.58	57.41	56.13	-54.44
Net Income, 1 Yr. Growth %	322.8	129.58	57.41	56.13	-54.44
Normalized Net Income, 1 Yr. Growth %	279.2	129.52	31.2	69.3	-34.07
Diluted EPS Before Extra, 1 Yr. Growth %	400	137.11	56.05	56.76	-54.06
Accounts Receivable, 1 Yr. Growth %	3.08K	-5.04	151.76	10.93	-1.74
Inventory, 1 Yr. Growth %	-2.62	5.23	40.39	33.51	23.41
Net Property, Plant and Equip., 1 Yr. Growth %	179.07	182.46	48.86	-12.36	-0.8
Total Assets, 1 Yr. Growth %	107.43	50.27	46.05	20.26	3.08
Tangible Book Value, 1 Yr. Growth %	-21.35	105.49	39.67	87.96	15.5
Common Equity, 1 Yr. Growth %	33.05	57.03	57.17	56.79	11.53
Cash From Operations, 1 Yr. Growth %	-244.67	-1.37K	-59.33	257.21	-41.69
Capital Expenditures, 1 Yr. Growth %	-17.7	5.59K	-46.48	-91.31	720.58
Levered Free Cash Flow, 1 Yr. Growth %	357.14	-60.88	165.53	-164.56	-87.62
Unlevered Free Cash Flow, 1 Yr. Growth %	379.68	-68.89	218.61	-181.12	-83.45
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	15.03	45.17	31.09	26.63	10.36
Gross Profit, 2 Yr. CAGR %	20	54.38	38.59	39.4	15.51
EBITDA, 2 Yr. CAGR %	27.72	177.18	66.47