ELA

Envela Corporation (ELA) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.34, delivering a surprise of +161.54%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Envela, which belongs to the Zacks Retail - Jewelry industry, posted revenues of $56.78 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 8.85%. This compares to year-ago revenues of $54.88 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Envela shares have added about 63.9% since the beginning of the year versus the S&P 500's gain of 13%. While Envela has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Envela was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.16 on $62.88 million in revenues for the coming quarter and $0.80 on $291.53 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Jewelry is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Brilliant Earth Group, Inc. (BRLT), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6. This company is expected to post quarterly loss of $0.01 per share in its upcoming report, which represents a year-over-year change of -200%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Brilliant Earth Group, Inc.'s revenues are expected to be $111.6 million, up 2.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Envela Corporation (ELA) : Free Stock Analysis Report Brilliant Earth Group, Inc. (BRLT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

IRVING, TX / ACCESS Newswire / August 5, 2026 / Envela Corporation today announced its financial results for the second quarter ended June 30, 2026. The Company reported quarterly revenue of $56.8 million and quarterly earnings per diluted share of $0.16. Management Commentary "Today we are reporting a record first half, with diluted earnings per share of $0.50 through six months, nearly matching all of last year," said John Loftus, CEO of Envela. "As precious metals prices corrected from January's record levels, volumes normalized and our model showed its strength: margins expanded, both segments grew more profitable, and we opened another store." "For the quarter we delivered diluted earnings per share of $0.16, up 45.5 percent, and grew operating income 56.7 percent to $5.1 million," said John DeLuca, CFO of Envela. "Gross margin expanded to 23.6 percent of revenue on a favorable sales mix, and disciplined cost management reduced operating expenses. We generated $5.9 million in operating cash flow during the quarter and ended June with $33.8 million in net cash, up from $8.2 million at year-end, giving us significant flexibility to invest in growth and return value to shareholders." "We remain mindful of precious metals volatility and industry-wide refiner backlogs, and confident in a business built to perform across commodity cycles," concluded Loftus. Second Quarter 2026 Financial Highlights Envela will report more complete earnings in its Form 10-Q. Second Quarter 2026 Consolidated Operating Highlights Second quarter revenue was $56.8 million, compared to $54.9 million in the prior-year quarter. Second quarter gross margin was $13.4 million, compared to $12.4 million in the prior-year quarter. Second quarter operating expenses were $8.3 million, compared to $9.1 million in the prior-year quarter. Second quarter operating income was $5.1 million, compared to $3.3 million in the prior-year quarter. Second quarter net income was $4.2 million, compared to $2.8 million in the prior-year quarter. Second quarter diluted earnings per share were $0.16, compared to $0.11 in the prior-year quarter. Second quarter Adjusted EBITDA was $5.6 million, compared to $3.7 million in the prior-year quarter. Second quarter Adjusted EBITDAR was $6.4 million, compared to $4.3 million in the prior-year quarter. Second Quarter Consumer Segment Operating Highlights Consumer segment revenue was $44.7 million in the second quarter of 2026, compared to $43.2 million in the prior-year quarter. Consumer segment gross margin was $5.5 million in the second quarter of 2026, compared to $4.7 million in the prior-year quarter. Consumer segment operating expenses were $3.7 million in the second quarter of 2026, compared to $3.9 million in the prior-year quarter. Consumer segment operating income was $1.8 million in the second quarter of 2026, compared to $0.7 million in operating income in the prior-year quarter. Consumer segment net income was $1.5 million in the second quarter of 2026, compared to a $0.6 million net income in the prior-year quarter. Consumer segment Adjusted EBITDA was $2.1 million in the second quarter of 2026, compared to $0.9 million in the prior-year quarter Consumer segment Adjusted EBITDAR was $2.4 million in the second quarter of 2026, compared to $1.2 million in the prior-year quarter. Second Quarter Commercial Segment Operating Highlights Commercial segment revenue was $12.0 million in the second quarter of 2026, compared to $11.7 million in the prior-year quarter. Commercial segment gross margin was $7.9 million in the second quarter of 2026, compared to $7.7 million in the prior-year quarter. Commercial segment operating expenses were $4.6 million in the second quarter of 2026, compared to $5.2 million in the prior-year quarter. Commercial segment operating income was $3.3 million in the second quarter of 2026, compared to $2.5 million in the prior-year quarter. Commercial segment net income was $2.7 million in the second quarter of 2026, compared to $2.1 million in the prior-year quarter. Commercial segment Adjusted EBITDA was $3.5 million in the second quarter of 2026, compared to $2.8 million in the prior-year quarter. Commercial segment Adjusted EBITDAR was $4.0 million in the second quarter of 2026, compared to $3.1 million in the prior-year quarter. Balance Sheet, Cash Flow and Liquidity Cash and cash equivalents were $43.4 million on June 30, 2026, compared to $18.2 million on December 31, 2025. The Company's long-term debt was $9.7 million on June 30, 2026, compared to $9.9 million on December 31, 2025. Total shareholders' equity was $80.1 million on June 30, 2026, compared to $67.1 million on December 31, 2025. For the six months ended June 30, 2026, consolidated operating cash flows totaled $27.1 million. Share Repurchase Program There were no repurchases of common stock during the quarter ended June 30, 2026. Since the beginning of the share repurchase program in March of 2023, Envela has spent more than $4.8 million to purchase 961,155 shares of common stock under the share repurchase program authorized through March 31, 2028. The Company is authorized to purchase 1,100,000 shares. Non-U.S. 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. The following table reconciles Adjusted EBITDA and Adjusted EBITDAR to the most comparable U.S. GAAP financial measure for the three months June 30, 2026 and 2025: ________________________ (1) Adjusted EBITDA is defined as the sum of (i) net income (loss) of the Company, adjusted for additions (deductions) of (ii) interest expense, (iii) other (income) expense, (iv) income tax expense (benefit), and (v) depreciation and amortization. Management considers Adjusted EBITDA to be a key financial measure to assess our overall operating performance. The Company's Adjusted EBITDA is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net income" or other financial measures of operating performance calculated in accordance with U.S. GAAP. (2) Adjusted EBITDAR is defined as (i) Adjusted EBITDA plus (ii) minimum fixed rent expense for properties occupied under operating leases. Management considers Adjusted EBITDAR to be a key financial measure to assess our overall operating performance, excluding the impact of variability in leasing methods and capital structures. This measure is also an input into the Company's leverage ratios. The Company's Adjusted EBITDAR is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net income" or other financial measures of operating performance calculated in accordance with U.S. GAAP. (3) The table below depicts the calculation of rent expense and reconciles rent expense to total lease cost, per ASC 842, the most directly comparable U.S. GAAP financial measure for the three months ended June 30, 2026 and 2025: The following table reconciles components of the Debt to Adjusted EBITDA Leverage Ratio and Net Debt to Adjusted EBITDA Leverage Ratio for the trailing four quarters ended June 30, 2026 and for the year ended December 31, 2025: ________________________ (1) Debt Obligations are defined as the sum of amounts outstanding under notes payable balances. (2) Total Cash is defined as the Company's cash and cash equivalents. (3) Net Debt Obligations are defined as the difference between the Company's (i) Debt Obligations and (ii) Total Cash. (4) The presentation of net income and Adjusted EBITDA for June 30, 2026, represents the total amount of net income and Adjusted EBITDA for the trailing four quarters ended June 30, 2026. (5) Debt to Net Income Leverage Ratio is defined as (i) Debt Obligations divided by (ii) net income. The Company considers this measure to be the representative financial measure of our ability to service "notes payable" utilizing U.S. GAAP-derived financial statement balances. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. (6) Debt to Adjusted EBITDA Leverage Ratio is defined as the Company's (i) Debt Obligations divided by (ii) Adjusted EBITDA. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. (7) Net Debt to Adjusted EBITDA Leverage Ratio is defined as the Company's (i) Net Debt Obligations divided by (ii) Adjusted EBITDA. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. The following table reconciles components of the Adjusted Debt to Adjusted EBITDAR Leverage Ratio and Adjusted Net Debt to Adjusted EBITDAR Leverage Ratio for the trailing four quarters ended June 30, 2026 and for the year ended December 31, 2025: ________________________ (1) Adjusted Debt Obligations are defined as the sum of the Company's (i) Debt Obligations and (ii) operating lease liabilities. (2) Adjusted Net Debt Obligations are defined as the difference between the Company's (i) Adjusted Debt Obligations and (ii)Total Cash. (3) The presentation of net income and Adjusted EBITDAR for June 30, 2026, represents the total amount of net income and Adjusted EBITDAR for the trailing four quarters ended June 30, 2026. (4) Adjusted Debt to Net Income Leverage Ratio is defined as the sum of (i) Debt Obligations and (ii) operating lease liabilities divided by (iii) net income. The Company considers this measure to be the representative financial measure of our ability to service "notes payable" and "operating leases" utilizing U.S. GAAP-derived financial statement balances. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. (5) Adjusted Debt to Adjusted EBITDAR Leverage Ratio is defined as the Company's (i) Adjusted Debt Obligations divided by (ii) Adjusted EBITDAR. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. (6) Adjusted Net Debt to Adjusted EBITDAR Leverage Ratio is defined as the Company's (i) Adjusted Net Debt Obligations divided by (ii) Adjusted EBITDAR. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. The following table reconciles Net Cash(1) to its comparable U.S. GAAP financial measures: ________________________ (1) Net Cash is defined as the difference between the Company's (i) Total Cash and (ii) Debt Obligations. The Company's Net Cash is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "cash and cash equivalents" and amounts outstanding under "notes payable" balances or other financial measures of liquidity calculated in accordance with U.S. GAAP. Management considers this financial measure to be helpful in the understanding of the Company's liquidity. The following table reconciles Free Cash Flow(1) to the comparable U.S. GAAP financial measures for the three months ended June 30, 2026 and 2025: ________________________ (1) Free Cash Flow is defined as the difference between the Company's (i) net cash provided by operations ("Operating Cash Flow") and (ii) Capital Expenditures, which the Company defines as any purchases of property and equipment or intangible assets. The Company's Free Cash Flow is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net cash provided by operations" or other financial measures of cash flow available to meet financing needs calculated in accordance with U.S. GAAP. 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 | Texas: 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 "may," "will," "should," "could," "can," "would," "believe," "anticipate," "project," "plan," "expect," "estimate," "goal," "seek," "ensure," "potential," "opportunity," "intend," "predict," "committed," "likely," "continue," "strive," "aim," "scheduled," "focused on," "long-term," "future," "over time," "ongoing," "uncertain," "moving forward," "subject to," or 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 [email protected] SOURCE: Envela Corporation View the original press release on ACCESS Newswire

IRVING, TX / ACCESS Newswire / July 28, 2026 / Envela Corporation ("Envela" or the "Company") announced today that it plans to report its financial results for the second quarter of 2026 after the market close on Wednesday, August 5, 2026. 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 | Texas: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 Statements 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 "may," "will," "should," "could," "can," "would," "believe," "anticipate," "project," "plan," "expect," "estimate," "goal," "seek," "ensure," "potential," "opportunity," "intend," "predict," "committed," "likely," "continue," "strive," "aim," "scheduled," "focused on," "long-term," "future," "over time," "ongoing," "uncertain," "moving forward," "subject to," or 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 [email protected] SOURCE: Envela Corporation View the original press release on ACCESS Newswire

Envela Corporation (ELA) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +161.54%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.23, delivering a surprise of +155.56%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Envela, which belongs to the Zacks Retail - Jewelry industry, posted revenues of $98.38 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 63.40%. This compares to year-ago revenues of $48.26 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Envela shares have added about 29.8% since the beginning of the year versus the S&P 500's gain of 6%. While Envela has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Envela was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.12 on $62.29 million in revenues for the coming quarter and $0.59 on $256.74 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Jewelry is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Movado (MOV), is yet to report results for the quarter ended April 2026. This watchmaker is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of -25%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Movado's revenues are expected to be $135.13 million, up 2.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Envela Corporation (ELA) : Free Stock Analysis Report Movado Group Inc. (MOV) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

IRVING, TX / ACCESS Newswire / May 6, 2026 / Envela Corporation today announced its financial results for its first quarter ended March 31, 2026. The Company reported quarterly revenue of $98.4 million and quarterly earnings per diluted share of $0.34. Management Commentary "We are pleased to report our results for the first fiscal quarter of 2026, with contributions from both our Consumer and Commercial segments," said John Loftus, CEO of Envela. "Building on a strong fourth quarter and holiday season, we saw continued customer activity across our platforms during the quarter, supported by constructive market conditions in precious metals and secondary goods, along with elevated inbound sourcing activity and steady demand across our operations. We also continued to execute on our expansion strategy, including the opening of a new retail store on May 1st." "We further optimized our balance sheet during the first quarter of 2026, supported by a disciplined approach to capital and liquidity management," said John DeLuca, CFO of Envela. "Our liquidity position provides flexibility to support customer demand across varying market conditions, including periods of commodity price volatility and broader macroeconomic uncertainty. We continued to invest in our capabilities to support efficiency and scalability, while maintaining disciplined inventory management and financial strength across the Company's platforms." First Quarter 2026 Financial Highlights First Quarter 2026 Consolidated Operating Highlights First quarter revenue was $98.4 million, compared to $48.3 million in the prior-year quarter. First quarter gross margin was $20.6 million, compared to $12.0 million in the prior-year quarter. First quarter operating expenses were $9.4 million, compared to $8.8 million in the prior-year quarter. First quarter operating income was $11.2 million, compared to $3.1 million in the prior-year quarter. First quarter net income was $8.8 million, or $0.34 per basic and diluted share, compared to $2.5 million, or $0.10 per basic and diluted share, in the prior-year quarter. First quarter Adjusted EBITDA was $11.7 million, compared to $3.6 million in the prior-year quarter. First quarter Adjusted EBITDAR was $12.5 million, compared to $4.2 million in the prior-year quarter. First Quarter Consumer Segment Operating Highlights Consumer segment revenue was $81.8 million in the first quarter of 2026, compared to $36.8 million in the prior-year quarter. Consumer segment gross margin was $9.7 million in the first quarter of 2026, compared to $4.2 million in the prior-year quarter. Consumer segment operating expenses were $4.3 million in the first quarter of 2026, compared to $4.1 million in the prior-year quarter. Consumer segment operating income was $5.4 million in the first quarter of 2026, compared to $0.1 million in the prior-year quarter. Consumer segment net income was $4.3 million in the first quarter of 2026, compared to $0.1 million in the prior-year quarter. Consumer segment Adjusted EBITDA was $5.6 million in the first quarter of 2026, compared to $0.3 million in the prior-year quarter. Consumer segment Adjusted EBITDAR was $5.9 million in the first quarter of 2026, compared to $0.6 million in the prior-year quarter. First Quarter Commercial Segment Operating Highlights Commercial segment revenue was $16.6 million in the first quarter of 2026, compared to $11.5 million in the prior-year quarter. Commercial segment gross margin was $10.9 million in the first quarter of 2026, compared to $7.8 million in the prior-year quarter. Commercial segment operating expenses were $5.1 million in the first quarter of 2026, compared to $4.8 million in the prior-year quarter. Commercial segment operating income was $5.8 million in the first quarter of 2026, compared to $3.0 million in the prior-year quarter. Commercial segment net income was $4.5 million in the first quarter of 2026, compared to $2.4 million in the prior-year quarter. Commercial segment Adjusted EBITDA was $6.1 million in the first quarter of 2026, compared to $3.2 million in the prior-year quarter. Commercial segment Adjusted EBITDAR was $6.5 million in the first quarter of 2026, compared to $3.6 million in the prior-year quarter. Balance Sheet, Cash Flow, and Liquidity Cash and cash equivalents were $38.6 million on March 31, 2026, compared to $18.2 million on December 31, 2024. The Company's long-term debt was $9.8 million on March 31, 2026, compared to $9.9 million on December 31, 2024. Total shareholders' equity was $75.9 million on March 31, 2026, compared to $67.1 million on December 31, 2024. For the three months ended March 31, 2026, consolidated operating cash flows totaled $21.2 million. Share Repurchase Program There were no repurchases of common stock during the quarter ended March 31, 2026. Since the beginning of the share repurchase program in March of 2023, Envela has spent more than $4.8 million to purchase 961,155 shares of common stock under the share repurchase program authorized through March 31, 2028.   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. The following tables provide a reconciliation of net income to Adjusted EBITDA for the three months ended March 31, 2026 and 2025: __________________________ (1) Adjusted EBITDA is defined as the sum of (i) net income (loss) of the Company, adjusted for additions (deductions) of (ii) interest expense, (iii) other (income) expense, (iv) income tax expense (benefit), and (v) depreciation and amortization. Management considers Adjusted EBITDA to be a key financial measure to assess our overall operating performance. The Company's Adjusted EBITDA is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net income" or other financial measures of operating performance calculated in accordance with U.S. GAAP. (2) Adjusted EBITDAR is defined as (i) Adjusted EBITDA plus (ii) minimum fixed rent expense for properties occupied under operating leases. Management considers Adjusted EBITDAR to be a key financial measure to assess our overall operating performance, excluding the impact of variability in leasing methods and capital structures. This measure is also an input into the Company's leverage ratios. The Company's Adjusted EBITDAR is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net income" or other financial measures of operating performance calculated in accordance with U.S. GAAP. (3) The table below depicts the calculation of rent expense and reconciles rent expense to total lease cost, per ASC 842, the most directly comparable U.S. GAAP financial measure for the year ended March 31, 2026 and 2025:   The following table reconciles components of the Debt to Adjusted EBITDA Leverage Ratio and Net Debt to Adjusted EBITDA Leverage Ratio for the trailing four quarters ended March 31, 2026 and for the year ended December 31, 2025: __________________________ (1) Debt Obligations are defined as the sum of amounts outstanding under notes payable balances. (2) Total Cash is defined as the Company's cash and cash equivalents. (3) Net Debt Obligations are defined as the difference between the Company's (i) Debt Obligations and (ii) Total Cash. (4) The presentation of net income and Adjusted EBITDA for March 31, 2026, represents the total amount of net income and Adjusted EBITDA for the trailing four quarters ended March 31, 2026. (5) Debt to Net Income Leverage Ratio is defined as (i) Debt Obligations divided by (ii) net income. The Company considers this measure to be the representative financial measure of our ability to service "notes payable" utilizing U.S. GAAP-derived financial statement balances. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. (6) Debt to Adjusted EBITDA Leverage Ratio is defined as the Company's (i) Debt Obligations divided by (ii) Adjusted EBITDA. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. (7) Net Debt to Adjusted EBITDA Leverage Ratio is defined as the Company's (i) Net Debt Obligations divided by (ii) Adjusted EBITDA. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations.   The following table reconciles components of the Adjusted Debt to Adjusted EBITDAR Leverage Ratio and Adjusted Net Debt to Adjusted EBITDAR Leverage Ratio for the trailing four quarters ended March 31, 2026 and for the year ended December 31, 2025: _________________________ (1) Adjusted Debt Obligations are defined as the sum of the Company's (i) Debt Obligations and (ii) operating lease liabilities. (2) Adjusted Net Debt Obligations are defined as the difference between the Company's (i) Adjusted Debt Obligations and (ii)Total Cash. (3) The presentation of net income and Adjusted EBITDAR for March 31, 2026, represents the total amount of net income and Adjusted EBITDAR for the trailing four quarters ended March 31, 2026. (4) Adjusted Debt to Net Income Leverage Ratio is defined as the sum of (i) Debt Obligations and (ii) operating lease liabilities divided by (iii) net income. The Company considers this measure to be the representative financial measure of our ability to service "notes payable" and "operating leases" utilizing U.S. GAAP-derived financial statement balances. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. (5) Adjusted Debt to Adjusted EBITDAR Leverage Ratio is defined as the Company's (i) Adjusted Debt Obligations divided by (ii) Adjusted EBITDAR. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. (6) Adjusted Net Debt to Adjusted EBITDAR Leverage Ratio is defined as the Company's (i) Adjusted Net Debt Obligations divided by (ii) Adjusted EBITDAR. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. The following table reconciles Net Cash(1) to its comparable U.S. GAAP financial measures: ______________________________ (1) Net Cash is defined as the difference between the Company's (i) Total Cash and (ii) Debt Obligations. The Company's Net Cash is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "cash and cash equivalents" and amounts outstanding under "notes payable" balances or other financial measures of liquidity calculated in accordance with U.S. GAAP. Management considers this financial measure to be helpful in the understanding of the Company's liquidity.   The following table reconciles Free Cash Flow(1) to the comparable U.S. GAAP financial measures for the three months ended March 31, 2026 and March 31, 2025: ______________________________ (1) Free Cash Flow is defined as the difference between the Company's (i) net cash provided by operations ("Operating Cash Flow") and (ii) Capital Expenditures, which the Company defines as any purchases of property and equipment or intangible assets. The Company's Free Cash Flow is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net cash provided by operations" or other financial measures of cash flow available to meet financing needs calculated in accordance with U.S. GAAP. Envela will report more complete earnings in its Form 10-Q. Certain percentages and financial data may have been rounded. As a result of such rounding, the totals of data presented in this document may vary slightly from the actual arithmetical totals of such data. 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 Envelaﾮ Envela Corporation (NYSE American | Texas: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 "may," "will," "should," "could," "can," "would," "believe," "anticipate," "project," "plan," "expect," "estimate," "goal," "seek," "ensure," "potential," "opportunity," "intend," "predict," "committed," "likely," "continue," "strive," "aim," "scheduled," "focused on," "long-term," "future," "over time," "ongoing," "uncertain," "moving forward," "subject to," or 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 [email protected] 972-587-4030 SOURCE: Envela Corporation View the original press release on ACCESS Newswire

IRVING, TX / ACCESS Newswire / April 30, 2026 / Envela Corporation ("Envela" or the "Company") announced today that it plans to report its financial results for the first quarter of 2026 after the market close on Wednesday, May 06, 2026. 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 Envelaﾮ Envela Corporation (NYSE American | Texas: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 Statements 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 "may," "will," "should," "could," "can," "would," "believe," "anticipate," "project," "plan," "expect," "estimate," "goal," "seek," "ensure," "potential," "opportunity," "intend," "predict," "committed," "likely," "continue," "strive," "aim," "scheduled," "focused on," "long-term," "future," "over time," "ongoing," "uncertain," "moving forward," "subject to," or 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 [email protected] 972-587-4030 SOURCE: Envela Corporation View the original press release on ACCESS Newswire

IRVING, TX / ACCESS Newswire / March 18, 2026 / Envela Corporation today announced its financial results for the Fourth quarter and full year ending December 31, 2025. The Company posted annual revenue of $241.0 million, with annual earnings per diluted share of $0.56. For the fourth quarter, revenue totaled $80.5 million, and quarterly earnings per diluted share of $0.23. Management Commentary "We are proud to report a strong 2025, with solid growth across both our Consumer and Commercial segments," said John Loftus, CEO of Envela Corp. "Consumer demand remained robust, with bullion and pre-owned jewelry performing particularly well, while our expansion into new markets continues to demonstrate the appeal of our value-driven, locally focused retail experience. We expect to open an additional store in the second quarter of 2026, further supporting our growth in the Consumer segment. In Commercial, enterprises are increasingly prioritizing the secure and sustainable management of retired technology assets, and our outbound shipments of electronic scrap remained strong. We remain focused on building our Consumer brands and expanding Commercial relationships, and we are confident that our customer-centered approach will continue to deliver growth and value for our stakeholders." "Fiscal 2025 delivered record earnings and operating income, reflecting strong performance across both segments," said John DeLuca, CFO of Envela. "Consumer results were driven by favorable bullion market conditions and strong holiday sales, while Commercial growth benefited from our IT Asset Disposition platform and solid outbound shipments. These results strengthened our balance sheet, with net cash increasing year over year, supporting our ability to invest in growth and deliver value to shareholders." Fourth Quarter and Full Year 2025 Financial Highlights Envela will report more complete earnings information within its Form 10-K. Fourth Quarter and Full Year 2025 Consolidated Operating Highlights Full year 2025 revenue was $241.0 million, compared to $180.4 million in 2024. Fourth quarter revenue was $80.5, compared to $48.3 in the prior-year quarter. Full year 2025 gross margin was $53.9 million, compared to $44.3 million in 2024. Fourth quarter gross margin was $16.5 million, compared to $11.1 million in the prior-year quarter. Full year 2025 operating expenses were $35.8 million, compared to $36.2 million in 2024. Fourth quarter operating expenses were $9.0 million, compared to $9.3 million in the prior-year quarter. Full year 2025 operating income was $18.1 million, compared to $8.2 million in 2024. Fourth quarter operating income was $7.5 million, compared to $1.9 million in the prior-year quarter. Full year 2025 net income was $14.6 million, or $0.56 per basic and diluted share, compared to $6.8 million, or $0.26 per diluted share in 2024. Fourth quarter net income was $6.0 million, or $0.23 per basic and diluted share, compared to $1.6 million, or $0.06 per diluted share in the prior-year quarter. Full year 2025 Adjusted EBITDA was $20.0 million, or 8.3% of revenue, compared to $9.7 million, or 5.4% of revenue in 2024. Fourth quarter Adjusted EBITDA was $8.0 million, or 3.3% of revenue, compared to $2.3 million, or 4.8% of revenue in the prior-year quarter. Full year 2025 Adjusted EBITDAR was $22.5 million, or 9.4% of revenue, compared to $11.8 million, or 6.6% of revenue in 2024. Fourth quarter Adjusted EBITDAR was $8.7 million, or 3.6% of revenue, compared to $2.9 million, or 1.6% of revenue in the prior-year quarter. Fourth Quarter and Full Year Consumer Segment Operating Highlights Consumer segment full-year 2025 revenue was $192.7 million, compared to $130.5 million in 2024. Consumer segment fourth quarter revenue was $67.7 million, compared to $36.5 million in the prior-year quarter. Consumer segment full-year 2025 gross margin was $22.9 million, compared to $15.9 million in 2024. Consumer segment fourth quarter gross margin was $8.9 million, compared to $4.4 million in the prior-year quarter. Consumer segment full-year 2025 operating expenses were $16.2 million, compared to $15.7 million in 2024. Consumer segment fourth quarter operating expenses were $4.2 million, compared to $4.2 million in the prior-year quarter. Consumer segment full-year 2025 operating income was $6.7 million, compared to $0.1 million in 2024. Consumer segment fourth quarter operating income was $4.6 million, compared to $0.2 million in the prior-year quarter. Consumer segment full-year 2025 net income was $5.3 million, compared to $16.3 thousand in 2024. Consumer segment fourth quarter net income was $3.7 million, compared to $0.1 million in the prior-year quarter. Consumer segment full-year 2025 Adjusted EBITDA was $7.5 million, compared to $0.7 million in 2024. Consumer segment fourth quarter Adjusted EBITDA was $4.9 million, compared to $0.4 million in the prior-year quarter. Consumer segment full-year 2025 Adjusted EBITDAR was $8.6 million, compared to $1.4 million in 2024. Consumer segment fourth quarter Adjusted EBITDAR was $5.1 million, compared to $0.6 million in the prior-year quarter. Fourth Quarter and Full Year Commercial Segment Operating Highlights Commercial segment full-year 2025 revenue was $48.3 million, compared to $49.9 million in 2024. Commercial segment fourth quarter revenue was $12.8 million, compared to $11.8 million in the prior-year quarter. Commercial segment full-year 2025 gross margin was $31.0 million, compared to $28.4 million in 2024. Consumer segment fourth quarter gross margin was $7.6 million, compared to $6.7 million in the prior-year quarter. Commercial segment full-year 2025 operating expenses were $19.6 million, compared to $20.4 million in 2024. Commercial segment fourth quarter operating expenses were $4.8 million, compared to $5.1 million in the prior-year quarter. Commercial segment full-year 2025 operating income was $11.4 million, compared to $8.0 million in 2024. Commercial segment fourth quarter operating income was $2.9 million, compared to $1.7 million in the prior-year quarter. Commercial segment full-year 2025 net income was $9.3 million, compared to $6.7 million in 2024. Commercial segment fourth quarter net income was $2.3 million, compared to $1.5 million in the prior-year quarter. Commercial segment full-year 2025 Adjusted EBITDA was $12.5 million, compared to $9.0 million in 2024. Commercial segment fourth quarter Adjusted EBITDA was $3.2 million, compared to $2.0 million in the prior-year quarter. Commercial segment full year 2025 Adjusted EBITDAR was $14.0 million, compared to $10.4 million in 2024. Commercial segment fourth quarter Adjusted EBITDAR was $3.6 million, compared to $2.3 million in the prior-year quarter. Balance Sheet, Cash Flow, and Liquidity Cash and cash equivalents were $18.2 million on December 31, 2025, compared to $20.6 million on December 31, 2024. The Company's long-term debt was $9.9 million at December 31, 2025, compared to $13.5 million at December 31, 2024. Total shareholders' equity was $67.1 million at December 31, 2025, compared to $52.7 million on December 31, 2024. For the year ended December 31, 2025, consolidated operating cash flows totaled $2.6 million. Share Repurchase Program For the year ended December 31, 2025, the Company repurchased 32,225 shares of common stock at a cost of $0.2 million. Since the beginning of the share repurchase program in March of 2023, Envela has spent more than $4.8 million to purchase 961,155 shares of common stock under the 1,100,000 share repurchase program authorized through March 31, 2026. 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. The following table reconciles Adjusted EBITDA and Adjusted EBITDAR to the most comparable U.S. GAAP financial measure for the year ended December 31, 2025 and 2024: (1) Adjusted EBITDA is defined as the sum of (i) net income (loss) of the Company, adjusted for additions (deductions) of (ii) interest expense, (iii) other (income) expense, (iv) income tax expense (benefit), and (v) depreciation and amortization. Management considers Adjusted EBITDA to be a key financial measure to assess our overall operating performance. The Company's Adjusted EBITDA is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net income" or other financial measures of operating performance calculated in accordance with U.S. GAAP. (2) Adjusted EBITDAR is defined as (i) Adjusted EBITDA plus (ii) minimum fixed rent expense for properties occupied under operating leases. Management considers Adjusted EBITDAR to be a key financial measure to assess our overall operating performance, excluding the impact of variability in leasing methods and capital structures. This measure is also an input into the Company's leverage ratios. The Company's Adjusted EBITDAR is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net income" or other financial measures of operating performance calculated in accordance with U.S. GAAP. (3) The table below depicts the calculation of rent expense and reconciles rent expense to total lease cost, per ASC 842, the most directly comparable U.S. GAAP financial measure for the year ended December 31, 2025 and 2024: The following table reconciles components of the Debt to Adjusted EBITDA Leverage Ratio and Net Debt to Adjusted EBITDA Leverage Ratio for the year ended December 31, 2025 and 2024: (1) Debt Obligations are defined as the sum of amounts outstanding under notes payable balances. (2) Total Cash is defined as the Company's cash and cash equivalents. (3) Net Debt Obligations are defined as the difference between the Company's (i) Debt Obligations and (ii) Total Cash. (4) Debt to Net Income Leverage Ratio is defined as (i) Debt Obligations divided by (ii) net income. The Company considers this measure to be the representative financial measure of our ability to service "notes payable" utilizing U.S. GAAP-derived financial statement balances. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. (5) Debt to Adjusted EBITDA Leverage Ratio is defined as the Company's (i) Debt Obligations divided by (ii) Adjusted EBITDA. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. (6) Net Debt to Adjusted EBITDA Leverage Ratio is defined as the Company's (i) Net Debt Obligations divided by (ii) Adjusted EBITDA. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. The following table reconciles components of the Adjusted Debt to Adjusted EBITDAR Leverage Ratio and Adjusted Net Debt to Adjusted EBITDAR Leverage Ratio for the year ended December 31, 2025 and 2024: (1) Adjusted Debt Obligations are defined as the sum of the Company's (i) Debt Obligations and (ii) operating lease liabilities. (2) Adjusted Net Debt Obligations are defined as the difference between the Company's (i) Adjusted Debt Obligations and (ii) Total Cash. (3) Adjusted Debt to Net Income Leverage Ratio is defined as the sum of (i) Debt Obligations and (ii) operating lease liabilities divided by (iii) net income. The Company considers this measure to be the representative financial measure of our ability to service "notes payable" and "operating leases" utilizing U.S. GAAP-derived financial statement balances. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. (4) Adjusted Debt to Adjusted EBITDAR Leverage Ratio is defined as the Company's (i) Adjusted Debt Obligations divided by (ii) Adjusted EBITDAR. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. (5) Adjusted Net Debt to Adjusted EBITDAR Leverage Ratio is defined as the Company's (i) Adjusted Net Debt Obligations divided by (ii) Adjusted EBITDAR. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. The following table reconciles Net Cash(1) to its comparable U.S. GAAP financial measures: (1) Net Cash is defined as the difference between the Company's (i) Total Cash and (ii) Debt Obligations. Management considers this financial measure to be helpful in the understanding of the Company's liquidity. The Company's Net Cash is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "cash and cash equivalents" and amounts outstanding under "notes payable" balances or other financial measures of liquidity calculated in accordance with U.S. GAAP. The following table reconciles Free Cash Flow(1) to the comparable U.S. GAAP financial measures for the year end December 31, 2025 and 2024: (1) Free Cash Flow is defined as the difference between the Company's (i) net cash provided by operations ("Operating Cash Flow") and (ii) Capital Expenditures, which the Company defines as any purchases of property and equipment or intangible assets. The Company's Free Cash Flow is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net cash provided by operations" or other financial measures of cash flow available to meet financing needs calculated in accordance with U.S. GAAP. 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 Envelaﾮ Envela Corporation (NYSE American | Texas: 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 "may," "will," "should," "could," "can," "would," "believe," "anticipate," "project," "plan," "expect," "estimate," "goal," "seek," "ensure," "potential," "opportunity," "intend," "predict," "committed," "likely," "continue," "strive," "aim," "scheduled," "focused on," "long-term," "future," "over time," "ongoing," "uncertain," "moving forward," "subject to," or 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 [email protected] 972-587-4030 SOURCE: Envela Corporation View the original press release on ACCESS Newswire

IRVING, TX / ACCESS Newswire / March 11, 2026 / Envela Corporation ("Envela" or the "Company") announced today that it plans to report its financial results for the fourth quarter and fiscal year 2025 after the market close on Wednesday, March 18, 2026. 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 Envelaﾮ Envela Corporation (NYSE American:ELA | Texas: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 Statements 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 "may," "will," "should," "could," "can," "would," "believe," "anticipate," "project," "plan," "expect," "estimate," "goal," "seek," "ensure," "potential," "opportunity," "intend," "predict," "committed," "likely," "continue," "strive," "aim," "scheduled," "focused on," "long-term," "future," "over time," "ongoing," "uncertain," "moving forward," "subject to," or 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 [email protected] 972-587-4030 SOURCE: Envela Corporation View the original press release on ACCESS Newswire

IRVING, TX / ACCESS Newswire / November 5, 2025 / Envela Corporation today announced its financial results for its third quarter ended September 30, 2025. The Company reported quarterly revenue of $57.4 million and quarterly earnings per diluted share of $0.13. Management Commentary "We are quite pleased with the Company's third-quarter results," said John Loftus, Envela's CEO. "Our expanding footprint, strong value, and treasure-hunt shopping experience continue to attract and engage customers, in both established and new consumer markets. We have maintained discipline in executing our strategic initiatives while upholding strict cost control and a strong balance sheet." "Envela's commercial segment also performed well, with balanced performance across its enterprise and consumer channels. The Company experienced growth in product returns and end-of-life services along with sound margin achievement from its ITAD and device trade-in businesses. This represents deeper engagement within our partner base, helping to build higher-margin and stronger customer relationships. Looking ahead, while we remain mindful of macroeconomic factors, we are confident that our flexible business model, expanding store presence, and compelling value position the Company to capitalize on medium- and long-term growth opportunities." John DeLuca, Envela's CFO, noted, "The Company's businesses delivered strong financial results this quarter, with operating income rising $2.2 million, or 107.9% over the prior-year period. This reflects sustained performance and the successful expansion of our store footprint. In our consumer segment, elevated precious-metal prices supported strong intake and resale activity, as record levels encouraged customers to sell or trade in pieces. While higher prices created some short-term caution among retail buyers, they also enhanced the Company's ability to source high-quality inventory at attractive margins." "Envela's commercial segment gross margin growth, which, combined with cost efficiencies from consolidating our ITAD facilities, contributed to improved profitability. Our collective operational gains supported a 68.5% increase in net cash to $11.9 million as of September 30, 2025, reinforcing the Company's financial flexibility and positioning it well for continued growth in a dynamic market environment." Third Quarter 2025 Financial Highlights Envela will report more complete earnings in its Form 10-Q. Third Quarter 2025 Consolidated Operating Highlights Third quarter revenue was $57.4 million, compared to $46.9 million in the prior-year quarter. Third quarter gross margin was $13.1 million, compared to $11.5 million in the prior-year quarter. Third quarter operating expenses were $8.9 million, compared to $9.4 million in the prior-year quarter. Third quarter operating income was $4.2 million, or 7.3% of revenue, compared to $2.0 million, or 4.3% of revenue in the prior-year quarter. Third quarter net income was $3.4 million, or $0.13 per basic and diluted share, compared to $1.7 million or $0.06 per basic and diluted shared in the prior-year quarter. Third quarter Adjusted EBITDA was $4.7 million or 8.1% of revenue, compared to $2.4 million or 5.2% of revenue in the prior-year quarter. Third quarter Adjusted EBITDAR was $5.3 million or 9.2% of revenue, compared to $3.0 million or 6.3% of revenue in the prior-year quarter. Third Quarter Consumer Segment Operating Highlights Consumer segment revenue was $45.1 million in the third quarter of 2025, compared to $33.8 million in the prior-year quarter. Consumer segment gross margin was $5.2 million in the third quarter of 2025, compared to $3.9 million in the prior-year quarter. Consumer segment operating expenses were $4.0 million in the third quarter of 2025, compared to $4.1 million in the prior-year quarter. Consumer segment operating income was $1.2 million in the third quarter of 2025, compared to a $0.2 million operating loss in the prior-year quarter. Consumer segment net income was $0.9 million in the third quarter of 2025, compared to a $0.0 million net loss in the prior-year quarter. Consumer segment Adjusted EBITDA was $1.4 million in the third quarter of 2025, compared to $(9.7) thousand in the prior-year quarter. Consumer segment Adjusted EBITDAR was $1.7 million in the third quarter of 2025, compared to $0.2 million in the prior-year quarter. Third Quarter Commercial Segment Operating Highlights Commercial segment revenue was $12.3 million in the third quarter of 2025, compared to $13.1 million in the prior-year quarter. Commercial segment gross margin was $7.9 million in the third quarter of 2025, compared to $7.5 million in the prior-year quarter. Commercial segment operating expenses were $4.8 million in the third quarter of 2025, compared to $5.4 million in the prior-year quarter. Commercial segment operating income was $3.0 million in the third quarter of 2025, compared to $2.2 million in the prior-year quarter. Commercial segment net income was $2.4 million in the third quarter of 2025, compared to $1.7 million in the prior-year quarter. Commercial segment Adjusted EBITDA was $3.3 million in the third quarter of 2025, compared to $2.4 million in the prior-year quarter. Commercial segment Adjusted EBITDAR was $3.6 million in the third quarter of 2025, compared to $2.8 million in the prior-year quarter. Balance Sheet, Cash Flow and Liquidity Cash and cash equivalents was $24.4 million on September 30, 2025, compared to $20.6 million on December 31, 2024. The Company's long-term debt was $12.5 million on September 30, 2025, compared to $13.5 million on December 31, 2024. Total shareholders' equity was $61.1 million on September 30, 2025, compared to $52.7 million on December 31, 2024. For the nine months ended September 30, 2025, consolidated operating cash flows totaled $6.1 million. Share Repurchase Program For the quarter ended September 30, 2025, the Company repurchased 11,562 shares of common stock at a cost of $67.6 thousand. Since the beginning of its share-repurchase program in March 2023, Envela has spent more than $4.8 million to buy 961,155 shares of common stock. The repurchase program authorizes stock purchases through March 31, 2026. 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-U.S. 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. The following table reconciles Adjusted EBITDA and Adjusted EBITDAR to the most comparable U.S. GAAP financial measure for the three months ended September 30, 2025 and 2024: (1) Adjusted EBITDA is defined as the sum of (i) net income (loss) of the Company, adjusted for additions (deductions) of (ii) interest expense, (iii) other (income) expense, (iv) income tax expense (benefit), and (v) depreciation and amortization. Management considers Adjusted EBITDA to be a key financial measure to assess our overall operating performance. The Company's Adjusted EBITDA is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net income" or other financial measures of operating performance calculated in accordance with U.S. GAAP. (2) Adjusted EBITDAR is defined as (i) Adjusted EBITDA plus (ii) minimum fixed rent expense for properties occupied under operating leases. Management considers Adjusted EBITDAR to be a key financial measure to assess our overall operating performance, excluding the impact of variability in leasing methods and capital structures. This measure is also an input into the Company's leverage ratios. The Company's Adjusted EBITDAR is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net income" or other financial measures of operating performance calculated in accordance with U.S. GAAP. (3) The table below depicts the calculation of rent expense and reconciles rent expense to total lease cost, per ASC 842, the most directly comparable U.S. GAAP financial measure for the three months ended September 30, 2025, and September 30, 2024: The following table reconciles components of the Debt to Adjusted EBITDA Leverage Ratio and Net Debt to Adjusted EBITDA Leverage Ratio for the trailing four quarters ended September 30, 2025 and for the year ended December 31, 2024: (1) Debt Obligations are defined as the sum of amounts outstanding under notes payable balances. (2) Total Cash is defined as the Company's cash and cash equivalents. (3) Net Debt Obligations are defined as the difference between the Company's (i) Debt Obligations and (ii) Total Cash. (4) The presentation of net income and Adjusted EBITDA for September 30, 2025, represents the total amount of net income and Adjusted EBITDA for the trailing four quarters ended September 30, 2025. (5) Debt to Net Income Leverage Ratio is defined as (i) Debt Obligations divided by (ii) net income. The Company considers this measure to be the representative financial measure of our ability to service "notes payable" utilizing U.S. GAAP derived financial statement balances. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. (6) Debt to Adjusted EBITDA Leverage Ratio is defined as the Company's (i) Debt Obligations divided by (ii) Adjusted EBITDA. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. (7) Net Debt to Adjusted EBITDA Leverage Ratio is defined as the Company's (i) Net Debt Obligations divided by (ii) Adjusted EBITDA. Management considers this financial measure to be helpful in understanding the Company's ability to service Debt Obligations. The following table reconciles components of the Adjusted Debt to Adjusted EBITDAR Leverage Ratio and Adjusted Net Debt to Adjusted EBITDAR Leverage Ratio for the trailing four quarters ended September 30, 2025 and for the year ended December 31, 2024: (1) Adjusted Debt Obligations are defined as the sum of the Company's (i) Debt Obligations and (ii) operating lease liabilities. (2) Adjusted Net Debt Obligations are defined as the difference between the Company's (i) Adjusted Debt Obligations and (ii) Total Cash. (3) The presentation of net income and Adjusted EBITDAR for September 30, 2025, represents the total amount of net income and Adjusted EBITDAR for the trailing four quarters ended September 30, 2025. (4) Adjusted Debt to Net Income Leverage Ratio is defined as the sum of (i) Debt Obligations and (ii) operating lease liabilities divided by (iii) net income. The Company considers this measure to be the representative financial measure of our ability to service "notes payable" and "operating leases" utilizing U.S. GAAP derived financial statement balances. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. (5) Adjusted Debt to Adjusted EBITDAR Leverage Ratio is defined as the Company's (i) Adjusted Debt Obligations divided by (ii) Adjusted EBITDAR. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. (6) Adjusted Net Debt to Adjusted EBITDAR Leverage Ratio is defined as the Company's (i) Adjusted Net Debt Obligations divided by (ii) Adjusted EBITDAR. Management considers this financial measure to be helpful in understanding the Company's ability to service debt and operating lease obligations. The following table reconciles Net Cash(1) to its comparable U.S. GAAP financial measures: (1) Net Cash is defined as the difference between the Company's (i) Total Cash and (ii) Debt Obligations. Management considers this financial measure to be helpful in the understanding of the Company's liquidity. The Company's Net Cash is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "cash and cash equivalents" and amounts outstanding under "notes payable" balances or other financial measures of liquidity calculated in accordance with U.S. GAAP. The following table reconciles Free Cash Flow(1) to the comparable U.S. GAAP financial measures for the three months ended September 30, 2025 and September 30, 2024: (1) Free Cash Flow is defined as the difference between the Company's (i) net cash provided by operations ("Operating Cash Flow") and (ii) Capital Expenditures, which the Company defines as any purchases of property and equipment or intangible assets. The Company's Free Cash Flow is considered a non-U.S. GAAP financial measure and is not calculated in accordance with, or preferable to, "net cash provided by operations" or other financial measures of cash flow available to meet financing needs calculated in accordance with U.S. GAAP. 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|Texas: 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 [email protected] 972-587-4030 SOURCE: Envela Corporation View the original press release on ACCESS Newswire