ELA on NYSE
Envela Corp
In its 2026 annual report the company says: “Envela is a leading provider of recommerce and recycling services at the forefront of the circular economy. Our core business lines focus on extending product lifespans by buying and selling goods in the secondary market. The Company is primarily comprised of two key operating and reportable segments: consumer and commercial.”4 It is headquartered in Irving, Texas.1
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Last updated Oct 21, 2026.
Overview
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- TickerELA on NYSE1
- IndustryRetail-Jewelry Stores1
- HeadquartersIrving, Texas1
- Incorporated inNV2
- Business address1901 Gateway Drive, Suite 100, Irving, Tx 750382
- Filer categoryNon-accelerated filer, Smaller reporting company2
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Envela is a leading provider of recommerce and recycling services at the forefront of the circular economy. Motivated by building long-lasting relationships rooted in trust and transparency, Envela’s brands address a broad range of sustainability and value-driven initiatives that impact consumers and businesses alike. Our core business lines focus on extending product lifespans by buying and selling goods in the secondary market. The Company is primarily comprised of two key operating and reportable segments: consumer and commercial. The consumer segment focuses on selling authenticated luxury goods, including pre-owned and repurposed fine jewelry, diamonds, gemstones, luxury watches, and secondary-market bullion. At the same time, the commercial segment provides solutions for ITAD and product returns, as well as the de-manufacturing of end-of-life electronic assets, the reclamation of b…4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Consumer brought in 80% of the revenue Envela Corp broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Consumer | $130.5M | $192.7M |
| Commercial | $49.9M | $48.3M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue78¢$187.1M
- Selling, general and admin14¢$33.9M
- Other costs1¢$1.3M
- Income tax2¢$4.1M
- Profit6¢$14.6M
Out of $241.0M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending47¢$1.2M
- Share buybacks7¢$188.9K
- Kept or used elsewhere46¢$1.2M
Out of $2.6M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Sales | $241.0M | $180.4M |
| Cost of goods sold | $187.1M | $136.1M |
| Gross margin | $53.9M | $44.3M |
| Selling, general and administrative | $33.9M | $34.6M |
| Depreciation and amortization | $1.9M | $1.6M |
| Total operating expenses | $35.8M | $36.2M |
| Operating income | $18.1M | $8.2M |
| Other income | $1.0M | $1.0M |
| Interest expense | -$406.6K | -$447.4K |
| Income before income taxes | $18.7M | $8.7M |
| Income tax expense | -$4.1M | -$2.0M |
| Net income | $14.6M | $6.8M |
| Net income (in dollar per share) | $0.56 | $0.26 |
| Net income (in dollars per share) | $0.56 | $0.26 |
| Basic (in shares) | 26.0M shares | 26.2M shares |
| Diluted (in shares) | 26.0M shares | 26.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $18.2M | $20.6M | $17.9M |
| Accounts receivable, net of allowances | $11.0M | $4.4M | |
| Notes receivable | $2.0K | ||
| Inventories | $35.1M | $25.7M | |
| Prepaid expenses | $1.2M | $874.2K | |
| Other current assets | $28.8K | ||
| Total current assets | $65.4M | $51.6M | |
| Property and equipment, net | $13.6M | $13.5M | |
| Right-of-use assets from operating leases | $9.7M | $4.7M | |
| Goodwill | $3.6M | $3.6M | |
| Intangible assets, net | $3.4M | $4.1M | |
| Deferred tax asset | $49.5K | ||
| Other assets | $244.5K | $241.4K | |
| Total assets | $96.0M | $77.9M | |
| Accounts payable | $4.3M | $3.2M | |
| Notes payable | $7.8M | $3.6M | |
| Operating lease liabilities | $1.9M | $2.1M | |
| Accrued expenses | $2.8M | $3.2M | |
| Other current liabilities | $1.9M | $455.4K | |
| Total current liabilities | $18.7M | $12.5M | |
| Deferred tax liability | $147.4K | ||
| Notes payable, less current portion | $2.1M | $9.9M | |
| Operating lease liabilities, less current portion | $8.0M | $2.8M | |
| Total liabilities | $29.0M | $25.2M | |
| Common stock, $0.01 par value; 60,000,000 shares authorized; 26,924,631 shares issued and 25,963,476 shares outstanding as of December 31, 2025; 26,924,631 shares issued and 25,995,701 shares outstanding as of December 31, 2024 | $269.2K | $269.2K | |
| Treasury stock at cost, 961,155 and 928,930 shares, as of December 31, 2025 and December 31, 2024, respectively | -$4.8M | -$4.6M | |
| Additional paid-in capital | $40.2M | $40.2M | |
| Retained earnings | $31.4M | $16.8M | |
| Total stockholders' equity | $67.1M | $52.7M | $48.3M |
| Total liabilities and stockholders' equity | $96.0M | $77.9M | |
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Common stock, shares authorized | 60.0M shares | 60.0M shares | |
| Common stock, shares issued | 26.9M shares | 26.9M shares | |
| Common stock, shares outstanding | 26.0M shares | 26.0M shares | |
| Treasury stock, shares | 961.2K shares | 928.9K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $18.2M | $20.6M | $17.9M |
| Accounts receivable, net of allowances | $11.0M | $4.4M | |
| Notes receivable | $2.0K | ||
| Inventories | $35.1M | $25.7M | |
| Prepaid expenses | $1.2M | $874.2K | |
| Other current assets | $28.8K | ||
| Total current assets | $65.4M | $51.6M | |
| Property and equipment, net | $13.6M | $13.5M | |
| Right-of-use assets from operating leases | $9.7M | $4.7M | |
| Goodwill | $3.6M | $3.6M | |
| Intangible assets, net | $3.4M | $4.1M | |
| Deferred tax asset | $49.5K | ||
| Other assets | $244.5K | $241.4K | |
| Total assets | $96.0M | $77.9M | |
| Accounts payable | $4.3M | $3.2M | |
| Notes payable | $7.8M | $3.6M | |
| Operating lease liabilities | $1.9M | $2.1M | |
| Accrued expenses | $2.8M | $3.2M | |
| Other current liabilities | $1.9M | $455.4K | |
| Total current liabilities | $18.7M | $12.5M | |
| Deferred tax liability | $147.4K | ||
| Notes payable, less current portion | $2.1M | $9.9M | |
| Operating lease liabilities, less current portion | $8.0M | $2.8M | |
| Total liabilities | $29.0M | $25.2M | |
| Common stock, $0.01 par value; 60,000,000 shares authorized; 26,924,631 shares issued and 25,963,476 shares outstanding as of December 31, 2025; 26,924,631 shares issued and 25,995,701 shares outstanding as of December 31, 2024 | $269.2K | $269.2K | |
| Treasury stock at cost, 961,155 and 928,930 shares, as of December 31, 2025 and December 31, 2024, respectively | -$4.8M | -$4.6M | |
| Additional paid-in capital | $40.2M | $40.2M | |
| Retained earnings | $31.4M | $16.8M | |
| Total stockholders' equity | $67.1M | $52.7M | $48.3M |
| Total liabilities and stockholders' equity | $96.0M | $77.9M | |
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Common stock, shares authorized | 60.0M shares | 60.0M shares | |
| Common stock, shares issued | 26.9M shares | 26.9M shares | |
| Common stock, shares outstanding | 26.0M shares | 26.0M shares | |
| Treasury stock, shares | 961.2K shares | 928.9K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $14.6M | $6.8M |
| Depreciation and amortization | $1.9M | $1.6M |
| Provision for credit losses | $317.7K | $234.9K |
| Deferred taxes | $196.9K | -$88.2K |
| Non-cash lease expense | $2.6M | $2.1M |
| Loss on disposal of equipment | $5.5K | $7.1K |
| Accounts receivable | -$6.9M | $3.2M |
| Inventories | -$9.4M | -$2.6M |
| Prepaid expenses | -$365.3K | $208.2K |
| Other assets | $25.8K | -$64.1K |
| Accounts payable | $1.1M | $50.8K |
| Accrued expenses | -$424.3K | $728.9K |
| Operating leases | -$2.5M | -$2.2M |
| Other liabilities | $1.4M | $243.7K |
| Net cash provided by operations | $2.6M | $10.2M |
| Purchase of property and equipment | -$1.2M | -$3.5M |
| Purchase of intangible assets | -$50.6K | -$298.9K |
| Proceeds from (investment in) notes receivable | $2.0K | -$2.0K |
| Proceeds from sales of equipment | $650 | |
| Net cash (used in) investing | -$1.2M | -$3.8M |
| Payments on notes payable | -$3.6M | -$1.3M |
| Purchase of treasury stock | -$188.9K | -$2.4M |
| Net cash (used in) financing | -$3.8M | -$3.7M |
| Net change in cash and cash equivalents | -$2.5M | $2.8M |
| Interest | $419.6K | $449.0K |
| Income taxes | $2.8M | $2.3M |
| Scottsdale Transaction measurement period adjustment, addition to intangible assets, reduction to goodwill | $27.5K | |
| Scottsdale Transaction measurement period adjustment, addition to property and equipment, reduction to goodwill | $122.5K | |
| Scottsdale Transaction measurement period adjustment, reduction to notes payable, reduction to goodwill | $150.0K |
No quarter-by-quarter statement was filed.
Corporate structure
Envela Corp sits at the top of its group. 9 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
- Envela Corp Irving, Texas
- Bijoux Exchange, LLC Subsidiary · Delaware, United States
- Charleston Gold & Diamond Exchange, Inc. Subsidiary · South Carolina, United States
- Echo Environmental Holdings, LLC Subsidiary · Delaware, United States
- ELA Commercial, LLC Subsidiary · Delaware, United States
- ELA Consumer, LLC Subsidiary · Delaware, United States
- Four Nines Stores, LLC Subsidiary · Delaware, United States
- ITAD USA Holdings, LLC Subsidiary · Delaware, United States
- QOEX, LLC Subsidiary · Texas, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Envela Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $13.6M5 Dec 31, 2025 | $13.5M5 Dec 31, 2024 | +0.5% |
| Operating-lease assets (leased space) | $9.7M5 Dec 31, 2025 | $4.7M5 Dec 31, 2024 | +105.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $3.6M5 Dec 31, 2025 | $3.6M5 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $3.4M5 Dec 31, 2025 | $4.1M5 Dec 31, 2024 | −16.9% |
| Finite-lived intangibles, net | $3.4M5 Dec 31, 2025 | $4.1M10 Dec 31, 2024 | −16.8% |
Inventory
Properties, in its own words
Our facilities by segment and geography were as follows as of December 31, 2025:
Number of Facilities
The rest of Item 2
Owned · Leased · Total
Arizona(2) · 2 · 2 · 4
South Carolina(2) · — · 1 · 1
Texas(1)(2) · 3 · 7 · 10
Sub-total · 5 · 10 · 15
Texas(2) · — · 2 · 2
Sub-total · — · 2 · 2
Texas · 1 · — · 1
Sub-total · 1 · — · 1
6 · 12 · 18
(1) · Certain Texas-owned properties are encumbered by debt facilities; see Note 13 – Debt for further details.
(2) · Our leases begin to expire starting in 2027 through 2031, with 5 leases having a right of renewal. Both segments regularly evaluate each of their locations in terms of profitability, effectiveness, and fit with their long-term strategy.
In management’s opinion, these properties have been well maintained, are in good operating condition, and contain all necessary equipment and facilities for their intended purposes.
See Note 11 – Leases for further details on leased facilities.
Item 2 of the 10-K filed Mar 18, 2026.4
Leadership
Who has led Envela Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJohn Richardson Loftus Dec 22, 2016 to May 22, 201913
- Chief executive officerMatthew M. Peakes Oct 29, 2015 to Apr 29, 201614
- Chief executive officerJames D. Clem Dec 11, 2014 to Feb 26, 201515
- Chief executive officerJames J. Vierling Nov 5, 2012 to Jan 31, 201416
- Chief executive officerL. S. Smith Jan 17, 2007 to Sep 21, 201117
- ChairJohn Richardson Loftus Dec 22, 2016 to May 22, 201913
- ChairMatthew M. Peakes Oct 29, 2015 to Oct 29, 201514
- ChairJames D. Clem Dec 11, 2014 to Feb 26, 201515
- ChairL. S. Smith Jan 17, 2007 to Sep 21, 201117
- PresidentJohn Richardson Loftus Dec 22, 2016 to May 22, 201913
- PresidentJames J. Vierling Nov 5, 2012 to Nov 5, 201216
- PresidentWilliam H. Oyster Aug 7, 2006 to Jun 3, 201018
- Chief financial officerJohn Garrett Deluca Mar 27, 2024 to now19
- Chief financial officerBret Allen Pedersen Jan 27, 2017 to Nov 27, 202320
- Chief financial officerStephen Raymond Patterson Aug 18, 2016 to Aug 18, 201621
- Chief financial officerNabil J. Lopez Nov 5, 2015 to Apr 29, 201622
- Chief financial officerC. Brett Burford Oct 24, 2012 to Feb 26, 201523
- Chief operating officerJames D. Clem Nov 20, 2012 to Jan 31, 201424
Board members and other officers (26)
- C.O.O.James D. Clem Feb 3, 2012 to Feb 3, 201225
- Board memberVicky C. Teherani Feb 5, 2026 to now26
- Board memberVince A. Ackerson Jul 21, 2025 to now27
- Board memberRichard D. Schepp Dec 10, 2021 to Mar 22, 202228
- Board memberAllison M. Destefano Apr 2, 2018 to Nov 30, 202329
- Board memberAlexandra C. Griffin Feb 6, 2017 to Sep 1, 202030
- Board memberJames R. Ruth Feb 6, 2017 to Sep 9, 202031
- Board memberJoel S. Friedman Feb 6, 2017 to Sep 11, 201932
- Board memberMichael J. Noel Jan 8, 2016 to Dec 30, 201633
- Board memberMatthew M. Peakes Apr 29, 2016 to Apr 29, 201634
- Board memberWilliam E. Leroy Aug 18, 2016 to Aug 18, 201635
- Board memberC. Brett Burford Feb 26, 2015 to Feb 26, 201536
- Board memberDouglas J. Lattner Oct 29, 2015 to Dec 30, 201637
- Board memberJ. Marcus Scrudder Oct 29, 2015 to Dec 30, 201638
- Board memberNabil J. Lopez Nov 5, 2015 to Apr 29, 201622
- Board memberBruce A. Quinnell Sep 25, 2014 to Jun 11, 201539
- Board memberDennis McGill Sep 25, 2014 to Jun 11, 201540
- Board memberJames D. Clem Feb 3, 2012 to Jan 31, 201425
- Board memberJames J. Vierling Nov 5, 2012 to Jan 31, 201416
- Board memberAlfred W. Slayton Apr 10, 2007 to Apr 10, 200741
- Board memberMitchell T. Stoltz Jun 8, 2007 to Nov 15, 200742
- Board memberRichard Gozia Jun 8, 2007 to Nov 15, 200743
- Board memberLee Craig Alan Nov 15, 2007 to Nov 21, 201244
- Board memberWilliam P. Cordeiro Nov 15, 2007 to Nov 21, 201245
- Board memberPaul Hagen Aug 3, 2006 to Aug 3, 200646
- Board memberWilliam H. Oyster Aug 7, 2006 to Jun 3, 201018
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Bijoux Exchange, LLC Delaware3
- Charleston Gold & Diamond Exchange, Inc. South Carolina3
- ELA Commercial, LLC Delaware3
- ELA Consumer, LLC Delaware3
- Echo Environmental Holdings, LLC Delaware3
- Four Nines Stores, LLC Delaware3
- ITAD USA Holdings, LLC Delaware3
- QOEX, LLC Texas3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Jun 25, 20268-K Shareholder vote47
- Apr 10, 20268-K Other events48
- Jul 17, 20258-K Executive or director change49
- Jul 1, 20258-K Executive or director change; Shareholder vote50
- Apr 23, 20258-K Bylaws or fiscal year changed51
- Mar 27, 20258-K Other events52
- Mar 12, 20258-K Executive or director change53
- Jul 3, 20248-K Shareholder vote54
- May 10, 20248-K Executive or director change55
- Apr 3, 20248-K Executive or director change56
- Jun 27, 20238-K Shareholder vote57
- Jun 6, 20228-K Shareholder vote58
- Dec 22, 2016New chief executive John Richardson Loftus becomes CEO13
- Oct 29, 2015New chief executive Matthew M. Peakes becomes CEO14
- Dec 11, 2014New chief executive James D. Clem becomes CEO15
- Nov 5, 2012New chief executive James J. Vierling becomes CEO16
- Jan 17, 2007New chief executive L. S. Smith becomes CEO17
Calendar
Coming up
- Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.13 a share, on Nov 5, 2025.59
When it reported results
- May 4, 2022Reported quarterly or annual results60
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
88 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 14 major events, 43 insider forms, 11 other. The latest 20:
- Sep 1, 20264 EDGAR
- Aug 5, 202610-Q EDGAR
- Jun 25, 20268-K EDGAR
- May 22, 20264 EDGAR
- May 6, 202610-Q EDGAR
- Apr 27, 2026DEF 14A EDGAR
- Apr 10, 20268-K EDGAR
- Mar 18, 202610-K EDGAR
- Feb 5, 20263 EDGAR
- Dec 1, 20254 EDGAR
- Nov 5, 202510-Q EDGAR
- Aug 19, 20254 EDGAR
- Aug 13, 2025S-8 EDGAR
- Aug 6, 202510-Q EDGAR
- Jul 21, 20253 EDGAR
- Jul 17, 20258-K EDGAR
- Jul 1, 20258-K EDGAR
- Jun 4, 20254 EDGAR
- May 15, 2025CERT NYSE TEXAS CERTIFICATION EDGAR
- May 14, 20258-A12B EDGAR
The 88 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
41 open-market trades by officers, directors and large owners since October 2021: 41 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 31, 2026 | DeLuca John GarrettCFO | Buy | 105 | $13.76 | $1.4K | Form 4 |
| May 22, 2026 | DeLuca John GarrettCFO | Buy | 55 | $23.94 | $1.3K | Form 4 |
| Nov 28, 2025 | DeLuca John GarrettCFO | Buy | 90 | $11.78 | $1.1K | Form 4 |
| Aug 19, 2025 | DeLuca John GarrettCFO | Buy | 280 | $7.09 | $2.0K | Form 4 |
| Jun 4, 2025 | DeLuca John GarrettCFO | Buy | 500 | $5.81 | $2.9K | Form 4 |
| Dec 5, 2024 | DeLuca John GarrettCFO | Buy | 125 | $7.48 | $935 | Form 4 |
| Aug 22, 2024 | DeLuca John GarrettCFO | Buy | 400 | $5.15 | $2.1K | Form 4 |
| May 30, 2024 | DeLuca John GarrettCFO | Buy | 400 | $4.59 | $1.8K | Form 4 |
| May 16, 2024 | DeLuca John GarrettCFO | Buy | 225 | $4.60 | $1.0K | Form 4 |
| Nov 29, 2023 | DeStefano Allison MDirector | Buy | 432 | $4.27 | $1.8K | Form 4 |
| Nov 29, 2023 | DeStefano Allison MDirector | Buy | 400 | $4.25 | $1.7K | Form 4 |
| Nov 27, 2023 | Pedersen Bret AllenCFO | Buy | 220 | $4.15 | $913 | Form 4 |
| Nov 13, 2023 | DeStefano Allison MDirector | Buy | 850 | $3.38 | $2.9K | Form 4 |
| Aug 21, 2023 | DeStefano Allison MDirector | Buy | 300 | $5.55 | $1.7K | Form 4 |
| Aug 9, 2023 | DeStefano Allison MDirector | Buy | 2,516 | $5.55 | $14.0K | Form 4 |
| Aug 9, 2023 | Pedersen Bret AllenCFO | Buy | 208 | $5.60 | $1.2K | Form 4 |
| Jun 14, 2023 | DeStefano Allison MDirector | Buy | 200 | $7.61 | $1.5K | Form 4 |
| May 25, 2023 | DeStefano Allison MDirector | Buy | 2,300 | $6.94 | $16.0K | Form 4 |
| May 22, 2023 | DeStefano Allison MDirector | Buy | 1,000 | $6.73 | $6.7K | Form 4 |
| May 15, 2023 | DeStefano Allison MDirector | Buy | 1,000 | $6.85 | $6.8K | Form 4 |
All 41 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | John G. DeLuca | $293.5K61 | ||
| 2024 | CFO | $280.0K61 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 94. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Envela Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAREnvela Corp1
- CIK0000701719
- Employer ID (EIN)88-00973344
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inNevada4
- Fiscal year endsDecember 311
- Industry code (SIC)5944 Retail-Jewelry Stores1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address1901 Gateway Drive, Suite 100, Irving, TX 750381
- Phone97258740491
- Shares outstanding25,963,476 as of Aug 4, 202612
- Public float$41.5M as of Jun 30, 20254
- AuditorWhitley Penn LLP, Dallas, Texas PCAOB ID 7264
- On EDGAR sinceAug 2, 19951
- Filings802 in all: 4 (308), 8-K (131), 10-Q (68), 3 (37), SC 13D/A (36), DEF 14A (30), 10QSB (26), 10-K (22)1
All 45 form types
UPLOAD (22), CORRESP (16), SC 13D (11), 10-K/A (10), 10-Q/A (8), 10KSB (8), 4/A (7), SC 13G/A (7), 8-K/A (5), NT 10-K (5), D (4), 10QSB/A (3), EFFECT (3), NT 10-Q (3), PRE 14A (3), 8-A12B (2), DEFA14A (2), PRER14A (2), S-3 (2), S-3/A (2), S-4/A (2), S-8 (2), 10KSB/A (1), 10KSB40 (1), 25 (1), 424B3 (1), 424B5 (1), 425 (1), 5 (1), 8-A12G (1), CERT (1), CERTAMX (1), DEFR14A (1), REGDEX/A (1), S-4 (1), S-8 POS (1), SC 13G (1)
- Latest filingsAnnual report (10-K) Mar 18, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Apr 27, 2026
Latest 8-K (8-K) Jun 25, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.01 per share | ELA | NYSE American |
From the cover page of the 10-K filed Mar 18, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks Envela Corp names in Item 1A of its 10-K filed Mar 18, 2026: 50 risks under these headings, as written.4
- Risks Related to Budgeting and Forecasting
- An inability to reasonably budget or forecast our commercial and operational performance and liquidity requirements may make it difficult to meaningfully compare our results of operations between periods.
- Risks Related to Our Business Relationships
- An inability to attract new customers, turn existing customers into repeat customers, maintain relationships with significant business partners, or renew contracts with them on favorable terms.
- Risks Related to Commodity Volatility, Changing Economic Conditions, and Seasonality
- The market for precious metals is inherently unpredictable.
- An inability to increase retail prices to reflect higher commodity costs.
- Adverse economic conditions in the U.S. or in other key markets where we sell into, may result in declines in consumer confidence and spending.
- The consumer wholesale and retail jewelry business is seasonal.
- Risks Related to Competition
- Intense competition across all markets for our products and services.
- Risks Related to Demand
The other 43 risks
- Demand for our products and services may decrease, and there can be no assurances that the Company will be able to adapt to such decreases.
- Misjudging consumer demand may strain our operating cash flow and have other negative impacts on our business.
- Risks Related to the Luxury Hard Asset Market
- Changing consumer buying preferences toward lab-grown diamonds.
- Consumer acceptance of near-perfect counterfeit products may result in increased competition.
- The proliferation of near-perfect counterfeit products may erode consumer confidence.
- Risks Related to Corporate Structure and Governance
- The voting power in the Company is substantially controlled by a small number of shareholders, which may, among other things, impede the removal of incumbent directors or a takeover attempt, even if such events may be beneficial to shareholders.
- Our status as a “controlled company” could make our Common Stock less attractive to some investors or otherwise harm our stock price.
- The Company is and will be subject to new and existing corporate governance, internal control, and reporting requirements.
- Risks Related to Compliance
- The Company is subject to maintaining an AML compliance program, and the failure to comply could adversely affect the Company’s reputation and ability to obtain merchandise.
- The conflict-mineral diligence process, the results from that process, and the related reporting obligations could increase costs, adversely affecting the Company’s reputation and our ability to obtain merchandise.
- Governments may refuse to renew or grant licenses and permits, thus restricting our ability to operate.
- Changes to ESG regulations may impact our reputation and financial results.
- U.S. governmental regulation and environmental, health, and safety requirements may adversely affect our business.
- Risks Related to Cyber Threats and Rapid Advancements in AI
- The Company’s websites or portals may be vulnerable to security breaches and similar threats, which could result in liability for damages and harm to the Company’s reputation.
- A failure of our information systems could prevent the Company from effectively managing and controlling operations and serving our business partners and customers.
- A failure to maintain the security of our business partners', customers', employees', or vendors' information, or to comply with privacy laws, could expose us to litigation, government enforcement actions, and costly response measures.
- Challenges or failures in maintaining or updating our existing technology, or in implementing new technologies.
- The Company may be subject to business, compliance, and reputational risks associated with AI.
- Risks Related to Global Health Crises, Disasters, and Geopolitics Impacting Supply and Demand
- Outbreaks of epidemics, pandemics, or other public health emergencies have disrupted, and could in the future disrupt our operations.
- We may incur losses due to unforeseen or catastrophic events, terrorist attacks, extreme weather, or natural disasters.
- Geopolitical conflicts, military action, and civil unrest could result in global supply chain disruptions and uncertain economic conditions.
- Risks Related to Inventory
- The impact of inventory shrinkage.
- We must carefully manage our inventory to prevent a negative impact on our operating cash flows, profitability, and financial condition.
- The impact of inventory curation related to store expansion may increase our carrying costs, reduce our inventory turnover, and expose us to margin volatility.
- Risks Related to Legal and Regulatory Claims and Implementation of Accounting Standards
- The failure to protect our reputation.
- Legal proceedings may cause us to incur unexpected liabilities.
- Asserting our rights to ownership of our tradenames, trademarks, and other intellectual property may result in unexpected costs, and failure to protect these rights may harm our ability to compete effectively.
- The impact of implementing accounting standards, rules, and regulations established by the SEC, NYSE American and Texas could increase our operating costs and result in changes to our financial statements.
- Risks Related to Liquidity Management Strategies
- Changes in liquidity and the ability to secure capital at reasonably economic terms could hinder our ability to operate and expand our business.
- Sustained high interest rates have increased the cost of borrowing for the Company.
- Risks Related to Our Employees
- The Company’s expansion into new geographic regions may increase the difficulty of hiring and retaining employees across a geographically diverse workforce.
- The Company’s success depends on its ability to attract, retain, and motivate qualified directors, management, and other skilled employees.
- Legal or regulatory changes, including, but not limited to, minimum wage increases or changes in salary levels for certain overtime-exempt positions, may increase the Company’s labor costs.
- Risks Related to Our Strategies
- Our business depends significantly on strategies, initiatives, and investments designed to increase sales and profitability, improve operational efficiency, and contain costs.
- The Company may assume additional liabilities in connection with acquisitions or may be unable to successfully integrate such acquisitions.
- The success of our online merchandising initiatives for the sale of bullion and luxury hard assets is not assured.
- Our ability to procure real estate on reasonably economic terms, the timeliness of new store openings, and the risks associated with store placement may be limiting factors in the expansion of our business.
- Risks Related to Product and Service Offerings
- Our electronic device and harvested parts business is subject to the risk of declines in value related to changes in consumer preferences, foreign trade risks, export compliance, and the length of time inventory is held.
- We may incur losses because of a failure to manage and protect our client’s assets throughout the ITAD process.
- Risks Related to Changes in Tax Rules
- We may incur higher taxes as a result of changes in tax rules.
- Various states may assert that the Company is liable for sales and use, commerce, or similar taxes.
- Risks Related to Insurance Coverage
- We may incur increased costs or loss of certain insurance coverages.
Legal proceedings
From time to time, we may be subject to legal proceedings and claims in the ordinary course of business. The Company does not believe that any such legal proceedings and claims pending against the Company would have a material adverse effect on our financial condition and results of operations.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGAREnvela Corp filings on SEC EDGAR
- 2SEC EDGAREnvela Corp filings on SEC EDGAR
- 3
- 4
- 5SEC EDGAREnvela Corp 10-K for fiscal 2025
- 6SEC EDGAREnvela Corp 10-K for fiscal 2019
- 7SEC EDGAREnvela Corp 10-K for fiscal 2020
- 8SEC EDGAREnvela Corp 10-K for fiscal 2021
- 9SEC EDGAREnvela Corp 10-K for fiscal 2022
- 10SEC EDGAREnvela Corp 10-K for fiscal 2023
- 11SEC EDGAREnvela Corp 10-Q for fiscal 2026
- 12SEC EDGAREnvela Corp 10-Q for fiscal 2026
- 13
- 14
- 15
- 16
- 17SEC EDGARL. S. Smith, Chief executive officer
- 18SEC EDGARWilliam H. Oyster, President
- 19
- 20
- 21
- 22
- 23
- 24
- 25SEC EDGARJames D. Clem, C.O.O.
- 26SEC EDGARVicky C. Teherani, Board member
- 27SEC EDGARVince A. Ackerson, Board member
- 28SEC EDGARRichard D. Schepp, Board member
- 29SEC EDGARAllison M. Destefano, Board member
- 30SEC EDGARAlexandra C. Griffin, Board member
- 31SEC EDGARJames R. Ruth, Board member
- 32SEC EDGARJoel S. Friedman, Board member
- 33SEC EDGARMichael J. Noel, Board member
- 34SEC EDGARMatthew M. Peakes, Board member
- 35SEC EDGARWilliam E. Leroy, Board member
- 36SEC EDGARC. Brett Burford, Board member
- 37SEC EDGARDouglas J. Lattner, Board member
- 38SEC EDGARJ. Marcus Scrudder, Board member
- 39SEC EDGARBruce A. Quinnell, Board member
- 40SEC EDGARDennis McGill, Board member
- 41SEC EDGARAlfred W. Slayton, Board member
- 42SEC EDGARMitchell T. Stoltz, Board member
- 43SEC EDGARRichard Gozia, Board member
- 44SEC EDGARLee Craig Alan, Board member
- 45SEC EDGARWilliam P. Cordeiro, Board member
- 46SEC EDGARPaul Hagen, Board member
- 47SEC EDGARShareholder vote
- 48SEC EDGAROther events
- 49SEC EDGARExecutive or director change
- 50
- 51SEC EDGARBylaws or fiscal year changed
- 52SEC EDGAROther events
- 53SEC EDGARExecutive or director change
- 54SEC EDGARShareholder vote
- 55SEC EDGARExecutive or director change
- 56SEC EDGARExecutive or director change
- 57SEC EDGARShareholder vote
- 58SEC EDGARShareholder vote
- 59NasdaqNasdaq calendar
- 60
- 61