<a href="https://laohu8.com/S/ELA">Envela Corporation</a> reports third-quarter revenue of $57.4 million and net income of $3.4 million
Envela Corporation reported third quarter 2025 revenue of $57.4 million, up from $46.9 million in the same period of 2024. Gross margin was $13.1 million, compared to $11.5 million a year earlier. Operating income rose to $4.2 million from $2.0 million, and net income increased to $3.4 million from $1.7 million. Diluted earnings per share were $0.13, up from $0.06 in the prior-year quarter. Adjusted EBITDA was $4.7 million, compared to $2.4 million in the third quarter of 2024. During the period, Envela expanded its store footprint, experienced growth in product returns and end-of-life services, and benefited from elevated precious-metal prices, which supported strong intake and resale activity. The commercial segment saw margin growth and cost efficiencies from ITAD facility consolidation, contributing to improved profitability and a 68.5% increase in net cash to $11.9 million as of September 30, 2025.
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