Envela Corp

ELA is the ticker symbol for Envela Corp, a publicly traded US company.

Envela Corp is a provider of recycling and re-commerce services at the forefront of the circular economy. It operates through two segments, Consumer and Commercial Services. The Consumer segment, which generates key revenue for the company, predominantly buys to resell or recycle luxury hard assets like jewelry, diamonds, gemstones, fine watches, rare coins, and related collectibles, precious-metal bullion products, gold, silver, and other precious metals. The Commercial Services segment provides asset-disposition solutions to government agencies, middle-market firms, corporations, and other organizations.

Key metrics include a return on equity of 11.7%, a debt-to-equity ratio of 0.42.

The company reports trailing twelve-month revenue of $98.38M and net income of $8.84M.

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