Envela Reports Second Quarter 2025 Financial Results
Envela Corporation (NYSE:ELA) reported strong Q2 2025 financial results, with revenue reaching $54.9 million and earnings per diluted share of $0.11, marking significant growth from the previous year. The company's operating income surged 70.5% year-over-year, driven by robust performance in both consumer and commercial segments.
The Consumer Division generated revenue of $43.2 million with a 10.8% gross margin, while the Commercial Division recorded $11.7 million in revenue with an impressive 66.1% gross margin. The company's cash position strengthened to $22.9 million, with net cash increasing 38.4% to $9.8 million. Additionally, Envela continued its share repurchase program, buying back 20,163 shares for $118.7 thousand during the quarter.
[ "Operating income grew 70.5% year-over-year to $3.3 million", "Net income increased 76% to $2.8 million, with EPS doubling to $0.11", "Commercial Division achieved strong 66.1% gross margin, up from 55.4%", "Cash and equivalents increased to $22.9 million from $20.6 million", "Inclusion in the Russell 2000 Index, reflecting company growth" ]Envela Corporation (NYSE:ELA) ha riportato solidi risultati finanziari nel secondo trimestre del 2025, con ricavi pari a 54,9 milioni di dollari e utili per azione diluita di 0,11 dollari, segnando una crescita significativa rispetto all'anno precedente. L'utile operativo è aumentato del 70,5% su base annua, grazie a una performance robusta sia nel segmento consumer che in quello commerciale.
La Divisione Consumer ha generato ricavi per 43,2 milioni di dollari con un margine lordo del 10,8%, mentre la Divisione Commerciale ha registrato ricavi per 11,7 milioni di dollari con un impressionante margine lordo del 66,1%. La posizione di cassa dell'azienda si è rafforzata a 22,9 milioni di dollari, con la liquidità netta in crescita del 38,4% a 9,8 milioni di dollari. Inoltre, Envela ha proseguito il programma di riacquisto di azioni, riacquistando 20.163 azioni per 118,7 mila dollari durante il trimestre.
- L'utile operativo è cresciuto del 70,5% su base annua raggiungendo 3,3 milioni di dollari
- L'utile netto è aumentato del 76% a 2,8 milioni di dollari, con l'EPS raddoppiato a 0,11 dollari
- La Divisione Commerciale ha raggiunto un solido margine lordo del 66,1%, in crescita dal 55,4%
- La liquidità e le equivalenze sono aumentate a 22,9 milioni di dollari dai 20,6 milioni precedenti
- L'inclusione nell'indice Russell 2000 riflette la crescita della società
Envela Corporation (NYSE:ELA) reportó sólidos resultados financieros en el segundo trimestre de 2025, con ingresos que alcanzaron los 54,9 millones de dólares y ganancias por acción diluida de 0,11 dólares, marcando un crecimiento significativo respecto al año anterior. El ingreso operativo aumentó un 70,5% interanual, impulsado por un desempeño robusto tanto en los segmentos de consumidor como comercial.
La División de Consumidor generó ingresos de 43,2 millones de dólares con un margen bruto del 10,8%, mientras que la División Comercial registró ingresos de 11,7 millones de dólares con un impresionante margen bruto del 66,1%. La posición de efectivo de la compañía se fortaleció a 22,9 millones de dólares, con el efectivo neto aumentando un 38,4% hasta 9,8 millones. Además, Envela continuó con su programa de recompra de acciones, recomprando 20,163 acciones por 118,7 mil dólares durante el trimestre.
- El ingreso operativo creció un 70,5% interanual hasta 3,3 millones de dólares
- La utilidad neta aumentó un 76% a 2,8 millones de dólares, con las ganancias por acción duplicándose a 0,11 dólares
- La División Comercial logró un sólido margen bruto del 66,1%, aumentando desde el 55,4%
- El efectivo y equivalentes aumentaron a 22,9 millones de dólares desde 20,6 millones
- La inclusión en el índice Russell 2000 refleja el crecimiento de la empresa
Envela Corporation (NYSE:ELA)는 2025년 2분기 강력한 재무 실적을 보고했으며, 매출은 5490만 달러, 희석 주당순이익은 0.11달러로 전년 대비 큰 성장을 기록했습니다. 영업이익은 전년 동기 대비 70.5% 증가했으며, 소비자 및 상업 부문의 견고한 실적이 이를 견인했습니다.
소비자 부문은 4320만 달러의 매출과 10.8%의 총이익률을 기록했고, 상업 부문은 1170만 달러의 매출과 인상적인 66.1%의 총이익률을 기록했습니다. 회사의 현금 보유액은 2290만 달러로 강화되었으며, 순현금은 38.4% 증가한 980만 달러에 달했습니다. 또한 Envela는 분기 동안 20,163주의 자사주를 11만 8700달러에 재매입하는 주식 환매 프로그램을 계속 진행했습니다.
- 영업이익이 전년 대비 70.5% 증가하여 330만 달러 달성
- 순이익은 76% 증가한 280만 달러, 주당순이익은 0.11달러로 두 배 증가
- 상업 부문은 55.4%에서 66.1%로 상승한 강력한 총이익률 달성
- 현금 및 현금성 자산이 2060만 달러에서 2290만 달러로 증가
- 러셀 2000 지수 편입으로 회사 성장 반영
Envela Corporation (NYSE:ELA) a annoncé de solides résultats financiers pour le deuxième trimestre 2025, avec un chiffre d'affaires atteignant 54,9 millions de dollars et un bénéfice par action dilué de 0,11 dollar, marquant une croissance significative par rapport à l'année précédente. Le résultat d'exploitation a bondi de 70,5% en glissement annuel, porté par une performance robuste dans les segments grand public et commercial.
La division grand public a généré un chiffre d'affaires de 43,2 millions de dollars avec une marge brute de 10,8%, tandis que la division commerciale a enregistré un chiffre d'affaires de 11,7 millions de dollars avec une marge brute impressionnante de 66,1%. La position de trésorerie de l'entreprise s'est renforcée à 22,9 millions de dollars, avec une trésorerie nette en hausse de 38,4% à 9,8 millions de dollars. De plus, Envela a poursuivi son programme de rachat d'actions, rachetant 20 163 actions pour 118,7 mille dollars au cours du trimestre.
- Le résultat d'exploitation a augmenté de 70,5% en glissement annuel pour atteindre 3,3 millions de dollars
- Le bénéfice net a progressé de 76% à 2,8 millions de dollars, avec un BPA doublé à 0,11 dollar
- La division commerciale a réalisé une solide marge brute de 66,1%, en hausse par rapport à 55,4%
- La trésorerie et les équivalents de trésorerie sont passés de 20,6 millions à 22,9 millions de dollars
- L'inclusion dans l'indice Russell 2000 reflète la croissance de l'entreprise
Envela Corporation (NYSE:ELA) meldete starke Finanzergebnisse für das zweite Quartal 2025, mit einem Umsatz von 54,9 Millionen US-Dollar und einem Gewinn je verwässerter Aktie von 0,11 US-Dollar, was ein deutliches Wachstum gegenüber dem Vorjahr darstellt. Das Betriebsergebnis stieg um 70,5% im Jahresvergleich, angetrieben durch eine starke Leistung sowohl im Verbraucher- als auch im Geschäftsbereich.
Die Verbrauchersparte erzielte einen Umsatz von 43,2 Millionen US-Dollar mit einer Bruttomarge von 10,8%, während die Geschäftssparte einen Umsatz von 11,7 Millionen US-Dollar mit einer beeindruckenden Bruttomarge von 66,1% verzeichnete. Die Barposition des Unternehmens verbesserte sich auf 22,9 Millionen US-Dollar, wobei das Netto-Bargeld um 38,4% auf 9,8 Millionen US-Dollar anstieg. Zudem setzte Envela sein Aktienrückkaufprogramm fort und kaufte im Quartal 20.163 Aktien für 118,7 Tausend US-Dollar zurück.
- Das Betriebsergebnis wuchs im Jahresvergleich um 70,5% auf 3,3 Millionen US-Dollar
- Der Nettogewinn stieg um 76% auf 2,8 Millionen US-Dollar, der Gewinn je Aktie verdoppelte sich auf 0,11 US-Dollar
- Die Geschäftssparte erreichte eine starke Bruttomarge von 66,1%, gegenüber 55,4%
- Bargeld und Zahlungsmitteläquivalente stiegen von 20,6 Millionen auf 22,9 Millionen US-Dollar
- Die Aufnahme in den Russell 2000 Index spiegelt das Wachstum des Unternehmens wider
- None.
- Overall gross margin decreased to 22.6% from 25.1% year-over-year
- Consumer Division gross margin declined to 10.8% from 12.6%
- Commercial Division revenue decreased to $11.7M from $13.3M
Insights
Envela delivered strong Q2 results with 21.1% revenue growth and 83.3% EPS growth, demonstrating operational improvements in both divisions.
Envela Corporation's Q2 2025 results show impressive financial momentum across key metrics. Revenue jumped
The consumer division, which represents
The commercial division, though experiencing a
The company's balance sheet continues to strengthen, with net cash increasing
The addition to the Russell 2000 Index signals growing institutional recognition, potentially broadening the investor base and improving liquidity. With improving operational metrics, strategic focus on higher-margin service revenues, and strengthening financial position, Envela appears well-positioned for continued performance improvement.
IRVING, TX / ACCESS Newswire / August 6, 2025 / Envela Corporation ("Envela" or the "Company") today announced its financial results for its second quarter ended June 30, 2025. The Company reported quarterly revenue of
Management Commentary
"Our team delivered strong second quarter results, driven by disciplined execution across both our consumer and commercial businesses," said John Loftus, Envela's CEO. "In our consumer business, we continue to optimize the operating model as we scale our retail footprint. On the commercial side, our service-based returns business is becoming a more significant revenue driver, contributing to higher gross margins, while we remain disciplined in managing overhead."
"Overall, our operating income grew
"This quarter also marked our inclusion in the U.S. Small-Cap Russell 2000 Index, reflecting our progress and long-term value creation," added Loftus. "As we look to the second half of the year, we remain focused on customers, operational discipline, and our ability to sustain strong performance and deliver continued growth."
Second Quarter 2025 Financial Highlights
Envela will report more complete earnings in its Form 10-Q.
Three Months Ended June 30, | ||||||||
2024 | 2023 | |||||||
Sales | $ | 54,876,833 | $ | 45,297,002 | ||||
Gross margin | $ | 12,387,923 | $ | 11,389,457 | ||||
Operating income | $ | 3,255,445 | $ | 1,909,142 | ||||
Net income | $ | 2,752,399 | $ | 1,564,179 | ||||
Diluted earnings per share | $ | 0.11 | $ | 0.06 | ||||
Adjusted EBITDA (non-GAAP measure) | $ | 3,715,856 | $ | 2,271,409 | ||||
Second Quarter 2025 Consolidated Operating Highlights
Second quarter revenue was
$54.9 million , compared to$45.3 million in the prior-year quarter.Second quarter gross margin decreased to
22.6% of quarterly revenue, compared to25.1% in the prior-year quarter.Second quarter operating expenses were
$9.1 million , compared to$9.5 million in the prior-year quarter.Second quarter operating income was
$3.3 million , or5.9% of revenue, compared to$1.9 million , or4.2% of revenue in the prior-year quarter.Second quarter net income was
$2.8 million , or$0.11 per basic and diluted share, compared to$1.6 million or$0.06 per basic and diluted shared in the prior-year quarter.Second quarter Adjusted EBITDA was
$3.7 million or6.8% of revenue, compared to$2.3 million or5.0% of revenue in the prior-year quarter.
Second Quarter Consumer Division Operating Highlights
Consumer Division revenue was
$43.2 million in the second quarter of 2025, compared to$32.0 million in the prior-year quarter.Consumer Division gross margin was
10.8% of revenue in the second quarter of 2025, compared to12.6% in the prior-year quarter.Consumer Division operating expenses were
$3.9 million in the second quarter of 2025, compared to$4.1 million in the prior-year quarter.Consumer Division operating income was
$0.7 million in the second quarter of 2025, compared to a$0.1 million operating loss in the prior-year quarter.Consumer Division net income was
$0.6 million in the second quarter of 2025, compared to a$0.2 million net loss in the prior-year quarter.
Second Quarter Commercial Division Operating Highlights
Commercial Division revenue was
$11.7 million in the second quarter of 2025, compared to$13.3 million in the prior-year quarterCommercial Division gross margin was
66.1% of revenue in the second quarter of 2025, compared to55.4% in the prior-year quarter.Commercial Division operating expenses were
$5.2 million in the second quarter of 2025, compared to$5.4 million in the prior-year quarter.Commercial Division operating income was
$2.5 million in the second quarter of 2025, compared to$2.0 million in the prior-year quarter.Commercial Division net income was
$2.1 million in the second quarter of 2025, compared to$1.7 million in the prior-year quarter.
Balance Sheet, Cash Flow and Liquidity
Cash and cash equivalents was
$22.9 million on June 30, 2025, compared to$20.6 million on December 31, 2024.The Company's long-term debt was
$13.0 million on June 30, 2025, compared to$13.5 million on December 31, 2024.Total shareholders' equity was
$57.8 million on June 30, 2025, compared to$52.7 million on December 31, 2024.For the six months ended June 30, 2025, consolidated operating cash flows totaled
$3.7 million .
Share Repurchase Program
For the quarter ended June 30, 2025, the Company repurchased 20,163 shares of common stock at a cost of
On March 27, 2025, the Board of Directors authorized the repurchase of an additional 100,000 shares of the Company's common stock, bringing the total authorization under the existing repurchase program to 1,100,000 shares.
Non-GAAP Financial Measures
This press release contains non-United States ("U.S.") Generally Accepted Accounting Principles ("GAAP") financial measures. A "non-U.S. GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with U.S. GAAP in the statements of income, balance sheets or statements of cash flows of the Company.
Adjusted EBITDA is a key performance measure that management uses to assess our operating performance. Because adjusted EBITDA facilitates internal comparisons of our historical operating performance on a more consistent basis, we use this measure as an overall assessment of our performance, to evaluate the effectiveness of our strategies and for planning purposes. Adjusted EBITDA may not be comparable to similarly titled metrics of other companies. Adjusted EBITDA is defined as the sum of net income (loss) of the Company, adjusted for additions (deductions) of interest expense, other (income) expense, income tax expense (benefit), and depreciation and amortization. Adjusted EBITDA is a non-GAAP financial measure and should not be considered is an alternative to the presentation of net income or any other measure of financial performance calculated and presented in accordance with U.S. GAAP.
The following tables provides a reconciliation of net income to Adjusted EBITDA for the three months ended June 30, 2025 and 2024:
Three Months Ended June 30, | ||||||||||||||||||||||||
2025 | 2024 | |||||||||||||||||||||||
Consumer | Commercial | Consolidated | Consumer | Commercial | Consolidated | |||||||||||||||||||
Adjusted EBITDA Reconciliation: | ||||||||||||||||||||||||
Net income (loss) | $ | 643,371 | $ | 2,109,028 | $ | 2,752,399 | $ | (177,958 | ) | $ | 1,742,137 | $ | 1,564,179 | |||||||||||
Addition (deduction): | ||||||||||||||||||||||||
Depreciation and amortization | 195,604 | 264,807 | 460,411 | 112,518 | 249,749 | 362,267 | ||||||||||||||||||
Other income | (156,158 | ) | (238,093 | ) | (394,251 | ) | (8,003 | ) | (217,414 | ) | (225,417 | ) | ||||||||||||
Interest expense | 53,993 | 52,235 | 106,228 | 55,697 | 53,444 | 109,141 | ||||||||||||||||||
Income tax expense | 185,749 | 605,320 | 791,069 | 29,607 | 431,632 | 461,239 | ||||||||||||||||||
$ | 922,559 | $ | 2,793,297 | $ | 3,715,856 | $ | 11,861 | $ | 2,259,548 | $ | 2,271,409 | |||||||||||||
Net cash is defined as the difference between (i) cash and cash equivalents and (ii) the sum of debt obligations. We believe that presenting net cash is useful to investors as a measure of our liquidity and leverage profile, as cash and cash equivalents can be used, among other things, to repay indebtedness.
June 30, | December 31, | |||||||
2025 | 2024 | |||||||
Total cash | $ | 22,851,869 | $ | 20,609,003 | ||||
Less: debt obligations | (13,043,286 | ) | (13,522,179 | ) | ||||
$ | 9,808,583 | $ | 7,086,824 | |||||
Envela periodically provides information for investors on its corporate website, envela.com. This includes press releases, quarterly investor presentations and other information about financial performance, reports filed or furnished with the Securities and Exchange Commission ("SEC"), information on corporate governance, and details related to its annual meeting of shareholders.
About Envela®
Envela Corporation (NYSE American:ELA) is a leading provider of re-commerce services, driving innovation at the forefront of the circular economy. We Reuse, Recycle, and Reimagine to offer consumers alternatives, contribute to environmental sustainability, and maximize product value. As a sustainability-focused company, Envela extends product lifecycles to minimize resource consumption and carbon emissions. By focusing on our core strengths, we create exceptional value and strive to leave the world better than we found it.
The company operates through two primary business segments: Consumer and Commercial. The Consumer segment includes retail stores and online platforms offering premium brands and luxury hard assets, while the Commercial segment delivers tailored re-commerce solutions to clients, including many Fortune 500 companies. To learn more about our innovative approach, visit Envela.com.
Cautionary Statement Regarding Forward-Looking Information
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995's safe harbor provisions, including statements regarding future events and developments; potential expansions, purchases and acquisitions; potential future success of business lines and strategies; and management's expectations, beliefs, plans, estimates and projections relating to the future. Words such as "believes," "anticipates," "plans," "may," "intends," "will," "should," "expects" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management's then current views and assumptions and, as a result, are subject to certain risks and uncertainties, which could cause the Company's actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, risks described more fully in Item 1A in the Company's Annual Report on Form 10-K, which are expressly incorporated herein by reference, and other factors as may periodically be described in the Company's filings with the SEC. By making these statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.
Investor Relations Contact
ir@envelacorp.com
972-587-4030
SOURCE: Envela Corporation
View the original press release on ACCESS Newswire
FAQ
What were Envela's (ELA) key financial results for Q2 2025?
How did Envela's Consumer Division perform in Q2 2025?
What was Envela's cash position as of June 30, 2025?
How many shares did Envela (ELA) repurchase in Q2 2025?
What was Envela's Commercial Division margin in Q2 2025?
