Envela Reports Q2 2025 Revenue Up 21.2% to $54.9M, Net Income Rises 76% to $2.8M, EPS Doubles to $0.11

Reuters
Aug 07
Envela Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue Up 21.2% to $54.9M, Net Income Rises 76% to $2.8M, EPS Doubles to $0.11

Envela Corporation has reported its financial results for the second quarter ending June 30, 2025. The company achieved a quarterly revenue of $54.9 million, marking an increase from the previous year's $45.3 million for the same period. Net income for the quarter was $2.8 million, up from $1.6 million in the prior-year quarter. Earnings per diluted share improved to $0.11 from $0.06. The company's consumer division saw revenue growth to $43.2 million from $32.0 million in the previous year's second quarter. The division also reported a net income of $0.6 million, compared to a net loss of $0.2 million in the prior year. The commercial division recorded revenue of $11.7 million, down from $13.3 million the previous year, but net income increased to $2.1 million from $1.7 million. Envela's operating income grew by 70.5% compared to the same quarter last year. The consumer segment benefited from growth in wholesale precious metals and increased retail store revenues, while the commercial segment experienced improved margins from a favorable product mix. The company also highlighted its inclusion in the U.S. Small-Cap Russell 2000 Index and noted a 38.4% increase in net cash to $9.8 million as of June 30, 2025. Envela remains focused on customer engagement and operational discipline as it moves into the second half of the year, aiming to sustain strong performance and continued growth.

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: 1057500) on August 06, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10