Envela Corporation reports third-quarter revenue of $57.4 million and net income of $3.4 million

Reuters

2025/11/06

<a href="https://laohu8.com/S/ELA">Envela Corporation</a> reports third-quarter revenue of $57.4 million and net income of $3.4 million

Envela Corporation reported third quarter 2025 revenue of $57.4 million, up from $46.9 million in the same period of 2024. Gross margin was $13.1 million, compared to $11.5 million a year earlier. Operating income rose to $4.2 million from $2.0 million, and net income increased to $3.4 million from $1.7 million. Diluted earnings per share were $0.13, up from $0.06 in the prior-year quarter. Adjusted EBITDA was $4.7 million, compared to $2.4 million in the third quarter of 2024. During the period, Envela expanded its store footprint, experienced growth in product returns and end-of-life services, and benefited from elevated precious-metal prices, which supported strong intake and resale activity. The commercial segment saw margin growth and cost efficiencies from ITAD facility consolidation, contributing to improved profitability and a 68.5% increase in net cash to $11.9 million as of September 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Envela Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1097460) on November 05, 2025, and is solely responsible for the information contained therein.

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Gross margin was $13.1 million, compared to $11.5 million a year earlier. Operating income rose to $4.2 million from $2.0 million, and net income increased to $3.4 million from $1.7 million. Diluted earnings per share were $0.13, up from $0.06 in the prior-year quarter. Adjusted EBITDA was $4.7 million, compared to $2.4 million in the third quarter of 2024. During the period, Envela expanded its store footprint, experienced growth in product returns and end-of-life services, and benefited from elevated precious-metal prices, which supported strong intake and resale activity. The commercial segment saw margin growth and cost efficiencies from ITAD facility consolidation, contributing to improved profitability and a 68.5% increase in net cash to $11.9 million as of September 30, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Envela Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1097460) on November 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Envela Corporation reports third-quarter revenue of $57.4 million and net income of $3.4 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEnvela Corporation reports third-quarter revenue of $57.4 million and net income of $3.4 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-06 05:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/ELA\">Envela Corporation</a> reports third-quarter revenue of $57.4 million and net income of $3.4 million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Envela Corporation reported third quarter 2025 revenue of $57.4 million, up from $46.9 million in the same period of 2024. Gross margin was $13.1 million, compared to $11.5 million a year earlier. Operating income rose to $4.2 million from $2.0 million, and net income increased to $3.4 million from $1.7 million. Diluted earnings per share were $0.13, up from $0.06 in the prior-year quarter. Adjusted EBITDA was $4.7 million, compared to $2.4 million in the third quarter of 2024. During the period, Envela expanded its store footprint, experienced growth in product returns and end-of-life services, and benefited from elevated precious-metal prices, which supported strong intake and resale activity. The commercial segment saw margin growth and cost efficiencies from ITAD facility consolidation, contributing to improved profitability and a 68.5% increase in net cash to $11.9 million as of September 30, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Envela Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1097460) on November 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ELA","symbol_name":"Envela Corporation","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251105:nNDL78TWQh:1","article_id":"2581709606","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581709606","pubTimestamp":1762376423,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Envela Corporation reported third quarter 2025 revenue of $57.4 million, up from $46.9 million in the same period of 2024. Gross margin was $13.1 million, compared to $11.5 million a year earlier. Operating income rose to $4.2 million from $2.0 million, and net income increased to $3.4 million from $1.7 million. Diluted earnings per share were $0.13, up from $0.06 in the prior-year quarter. Adjusted EBITDA was $4.7 million, compared to $2.4 million in the third quarter of 2024. During the period, Envela expanded its store footprint, experienced growth in product returns and end-of-life services, and benefited from elevated precious-metal prices, which supported strong intake and resale activity. 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Diluted earnings per share were $0.13, up from $0.06 in the prior-year quarter. Adjusted EBITDA was $4.7 million, compared to $2.4 million in the third quarter of 2024. During the period, Envela expanded its store footprint, experienced growth in product returns and end-of-life services, and benefited from elevated precious-metal prices, which supported strong intake and resale activity. The commercial segment saw margin growth and cost efficiencies from ITAD facility consolidation, contributing to improved profitability and a 68.5% increase in net cash to $11.9 million as of September 30, 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Envela Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1097460) on November 05, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}