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Envela Corp ELA

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Morningstar’s Analysis

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Company Profile

Business Description

Envela Corp and its subsidiaries engage in diverse business activities within the recommerce sector. These include recommercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life recycling solutions. Envela operates through two recommerce business segments represented by its two direct subsidiaries. DGSE, LLC focuses on the recommercialization of luxury hard assets, and ECHG, LLC focuses on the recommercialization of business IT equipment and consumer electronic devices.

Contact
1901 Gateway Drive, Suite 100
Irving, TX, 75038
T +1 972 587-4049
Sector Consumer Cyclical
Industry Specialty Retail
Most Recent Earnings Jun 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type Cyclical
Employees 152