Envela Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 171.67 million compared to USD 182.69 million a year ago. Net income was USD 7.15 million compared to USD 15.69 million a year ago.

Basic earnings per share from continuing operations was USD 0.27 compared to USD 0.58 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to USD 0.58 a year ago.