Envela Corp: insider trades · United States · SEC (Form 4)

About Envela Corp

Envela Corp (NYSE American: ELA) is a United States-based circular commerce and re-commerce company headquartered in Irving, Texas. The business is built around acquiring, authenticating, refurbishing, reselling, and recycling valuable assets, with an emphasis on extending product lifecycles and recovering embedded value. In the U.S.-listed universe, Envela stands out for combining a specialty retail platform with B2B end-of-life asset services, giving it exposure to both consumer discretionary demand and enterprise sustainability workflows. The company operates through two core segments: Consumer and Commercial. The Consumer segment focuses on the resale, trading, and authentication of fine jewelry, luxury watches, bullion, rare coins, and related hard assets. The Commercial segment provides end-to-end lifecycle management services for IT assets and consumer electronics, including trade-in programs, reverse logistics, secure data destruction, refurbishment, parts harvesting, and responsible recycling. This two-pronged model allows Envela to monetize residual value in markets where trust, authentication, logistics, and compliance are central to margins. Envela’s roots go back several decades through operating brands such as Dallas Gold & Silver Exchange, and its commercial platform has developed through IT asset disposition and electronics recycling capabilities. The company has expanded beyond its Texas base into a broader U.S. footprint, with retail presence in markets including Dallas, San Antonio, Phoenix, and Charleston, while also building e-commerce and digital capabilities. From a competitive standpoint, Envela’s differentiation lies in its niche expertise, its ability to operate across both B2C and B2B channels, and its alignment with secular themes such as the circular economy, sustainability, and the monetization of secondary markets. Recent developments underscore improving operating momentum: for fiscal 2025, Envela reported annual revenue of $241.0 million and diluted EPS of $0.56, with management highlighting solid growth in both Consumer and Commercial. The company also indicated plans to open an additional store in the second quarter of 2026. For investors, Envela is a small-cap, U.S.-listed cyclical growth story tied to precious metals pricing, luxury resale demand, and the expansion of re-commerce and ITAD services in the United States.