ELA Stock Earnings: Envela Misses EPS, Misses Revenue for Q4 2023
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 21 2024
0mins
Source: Business Insider
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Analyst Views on ELA
Wall Street analysts forecast ELA stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 27.510
Low
12.00
Averages
13.00
High
14.00
Current: 27.510
Low
12.00
Averages
13.00
High
14.00
About ELA
Envela Corporation is a provider of re-commerce services. The Company reuses, recycles, and reimagines to offer consumers alternatives. As a sustainability-focused company, it extends product lifecycles to minimize resource consumption and carbon emissions. The Company’s core business lines focus on extending the lifespan of products through buying and selling goods in the secondary market. The Company's segments include Commercial and Consumer. The Commercial segment provides solutions for de-manufacturing end-of-life electronic assets, reclaiming base and precious metals, and other saleable materials, while also expanding its presence in the information technology (IT) asset disposition (ITAD) industry. The Consumer segment focuses on selling authenticated high-end luxury goods, including pre-owned and repurposed fine jewelry, diamonds, gemstones, luxury watches, and secondary market bullion. The Consumer segment includes retail stores and online platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Updated Quant Ratings for Small-Cap Consumer Discretionary Stocks
- Top Rated Companies: Envela Corporation (ELA) leads small-cap consumer discretionary firms with a quant rating of 4.94, indicating strong fundamentals that may attract investor interest and drive stock price appreciation.
- Strong Buy Ratings: Arko Corp. (ARKO) and American Public Education (APEI) received quant ratings of 4.75 and 4.68 respectively, reflecting their excellent performance in profitability and growth potential, likely drawing in more capital.
- Lowest Rated Companies: EVgo (EVGO) ranks lowest with a quant rating of 1.07, indicating weak fundamentals that may lead to declining investor confidence and increased selling pressure.
- Market Reaction: As the earnings season concludes, heightened investor focus on quant ratings could significantly influence the market performance of small-cap consumer discretionary stocks, particularly those with improving fundamentals.
See More
Envela Reports Strong Q1 Earnings Beat Expectations
- Earnings Beat: Envela's Q1 GAAP EPS of $0.34 exceeds expectations by $0.24, indicating a significant improvement in profitability and reflecting the company's strong performance in the market.
- Revenue Surge: The company reported Q1 revenue of $98.3 million, a remarkable 103.7% year-over-year increase, surpassing expectations by $45.5 million, demonstrating its successful market share expansion amid strong demand for bullion and pre-owned jewelry.
- Gross and Operating Income Growth: Q1 gross margin reached $20.6 million, up from $12.0 million in the prior year, while operating income soared to $11.2 million from $3.1 million, showcasing improvements in cost control and operational efficiency.
- Adjusted EBITDA Increase: The first quarter's adjusted EBITDA of $11.7 million, compared to $3.6 million in the previous year, highlights the company's ongoing enhancements in profitability and cash flow management, strengthening its capacity for future investments and expansion.
See More
Envela Surges After Strong Q4 Earnings Beat Estimates
- Significant Revenue Growth: Envela's Q4 revenue surged 67% year-over-year to $80.5 million, exceeding analyst estimates by $28.24 million, indicating robust consumer demand and market performance.
- Substantial EBITDA Increase: Adjusted EBITDA skyrocketed from $2.4 million last year to $8.0 million, more than tripling, reflecting the company's success in the bullion and pre-owned jewelry markets.
- Improved Cash Flow: The company reported an increase in net cash year-over-year, strengthening its balance sheet and supporting future growth investments and shareholder value, as highlighted by CFO John DeLuca.
- Stock Price Surge: Envela's shares soared 42% during trading, reaching an all-time high of $17.24, reflecting the market's positive response to its strong earnings performance.
See More
Envela Q4 Earnings Exceed Expectations
- Strong Earnings Performance: Envela reported a Q4 GAAP EPS of $0.23, beating expectations by $0.14, which highlights a significant improvement in profitability and boosts investor confidence.
- Substantial Revenue Growth: The company achieved Q4 revenue of $80.49 million, a 66.6% year-over-year increase, surpassing market expectations by $28.24 million, indicating robust sales growth driven by strong market demand.
- Cost Control in Operations: Full-year operating expenses for 2025 were $35.8 million, down from $36.2 million in 2024, demonstrating effective cost management that contributes to overall profitability enhancement.
- Improved Adjusted EBITDA: Envela's full-year adjusted EBITDA reached $20.0 million, or 8.3% of revenue, significantly up from $9.7 million and 5.4% in 2024, reflecting ongoing improvements in the quality of earnings.
See More
B. Riley Securities Maintains Buy Rating on Envela and Increases Price Target to $14
Real-time Intelligence: Benzinga Pro offers fast and accurate stock market intelligence to help traders make informed decisions.
Exclusive Stories: The platform provides exclusive news stories generated by Benzinga reporters, enhancing the trading experience for its users.
Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, sharing insights and strategies.
Trade Alerts: Users can receive the fastest news alerts to stay updated on market movements and opportunities.
See More
B. Riley Securities Maintains Buy on Envela, Raises Price Target to $11
Fastest News Alerts: Benzinga Pro offers real-time intelligence and news alerts to help traders stay informed and make winning trades in the stock market.
Exclusive Community Access: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.
See More
Updated Quant Ratings for Small-Cap Consumer Discretionary Stocks
- Top Rated Companies: Envela Corporation (ELA) leads small-cap consumer discretionary firms with a quant rating of 4.94, indicating strong fundamentals that may attract investor interest and drive stock price appreciation.
- Strong Buy Ratings: Arko Corp. (ARKO) and American Public Education (APEI) received quant ratings of 4.75 and 4.68 respectively, reflecting their excellent performance in profitability and growth potential, likely drawing in more capital.
- Lowest Rated Companies: EVgo (EVGO) ranks lowest with a quant rating of 1.07, indicating weak fundamentals that may lead to declining investor confidence and increased selling pressure.
- Market Reaction: As the earnings season concludes, heightened investor focus on quant ratings could significantly influence the market performance of small-cap consumer discretionary stocks, particularly those with improving fundamentals.
See More
Envela Reports Strong Q1 Earnings Beat Expectations
- Earnings Beat: Envela's Q1 GAAP EPS of $0.34 exceeds expectations by $0.24, indicating a significant improvement in profitability and reflecting the company's strong performance in the market.
- Revenue Surge: The company reported Q1 revenue of $98.3 million, a remarkable 103.7% year-over-year increase, surpassing expectations by $45.5 million, demonstrating its successful market share expansion amid strong demand for bullion and pre-owned jewelry.
- Gross and Operating Income Growth: Q1 gross margin reached $20.6 million, up from $12.0 million in the prior year, while operating income soared to $11.2 million from $3.1 million, showcasing improvements in cost control and operational efficiency.
- Adjusted EBITDA Increase: The first quarter's adjusted EBITDA of $11.7 million, compared to $3.6 million in the previous year, highlights the company's ongoing enhancements in profitability and cash flow management, strengthening its capacity for future investments and expansion.
See More
Envela Surges After Strong Q4 Earnings Beat Estimates
- Significant Revenue Growth: Envela's Q4 revenue surged 67% year-over-year to $80.5 million, exceeding analyst estimates by $28.24 million, indicating robust consumer demand and market performance.
- Substantial EBITDA Increase: Adjusted EBITDA skyrocketed from $2.4 million last year to $8.0 million, more than tripling, reflecting the company's success in the bullion and pre-owned jewelry markets.
- Improved Cash Flow: The company reported an increase in net cash year-over-year, strengthening its balance sheet and supporting future growth investments and shareholder value, as highlighted by CFO John DeLuca.
- Stock Price Surge: Envela's shares soared 42% during trading, reaching an all-time high of $17.24, reflecting the market's positive response to its strong earnings performance.
See More
Envela Q4 Earnings Exceed Expectations
- Strong Earnings Performance: Envela reported a Q4 GAAP EPS of $0.23, beating expectations by $0.14, which highlights a significant improvement in profitability and boosts investor confidence.
- Substantial Revenue Growth: The company achieved Q4 revenue of $80.49 million, a 66.6% year-over-year increase, surpassing market expectations by $28.24 million, indicating robust sales growth driven by strong market demand.
- Cost Control in Operations: Full-year operating expenses for 2025 were $35.8 million, down from $36.2 million in 2024, demonstrating effective cost management that contributes to overall profitability enhancement.
- Improved Adjusted EBITDA: Envela's full-year adjusted EBITDA reached $20.0 million, or 8.3% of revenue, significantly up from $9.7 million and 5.4% in 2024, reflecting ongoing improvements in the quality of earnings.
See More
B. Riley Securities Maintains Buy Rating on Envela and Increases Price Target to $14
Real-time Intelligence: Benzinga Pro offers fast and accurate stock market intelligence to help traders make informed decisions.
Exclusive Stories: The platform provides exclusive news stories generated by Benzinga reporters, enhancing the trading experience for its users.
Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, sharing insights and strategies.
Trade Alerts: Users can receive the fastest news alerts to stay updated on market movements and opportunities.
See More
B. Riley Securities Maintains Buy on Envela, Raises Price Target to $11
Fastest News Alerts: Benzinga Pro offers real-time intelligence and news alerts to help traders stay informed and make winning trades in the stock market.
Exclusive Community Access: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.
See More
