Envela Corp
For the period ended Dec 31, 2024. Filed Mar 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 26, 2025
ELA$10.54-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONSOLIDATED STATEMENTS OF INCOME
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Year Ended December 31, | ||||||
| · 2024 · 2023 | ||||||
| Sales | | $180,376,229 | | $175,263,826 | ||
| Cost of goods sold | | 136,060,442 | | 133,607,296 | ||
| | | | | | | |
| Gross margin | | 44,315,787 | | 41,656,530 | ||
| | | | | | | |
| Expenses: | | | ||||
| Selling, general and administrative | | 34,605,132 | | 31,537,677 | ||
| Depreciation and amortization | | 1,551,774 | | 1,362,064 | ||
| | | | | | | |
| Total operating expenses | | 36,156,906 | | 32,899,741 | ||
| | | | | | | |
| Operating income | | 8,158,881 | | 8,756,789 | ||
| | | | | | | |
| Other income (expense): | | | ||||
| Other income | | 1,037,682 | | 727,782 | ||
| Interest expense | | (447,383) | | (463,201) | ||
| | | | | | | |
| Income before income taxes | | 8,749,180 | | 9,021,370 | ||
| Income tax expense | | (1,992,121) | | (1,873,918) | ||
| | | | | | | |
| Net income | | $6,757,059 | | $7,147,452 | ||
| | | | | | | |
| Basic earnings per share: | | | ||||
| Net income | | $0.26 | | $0.27 | ||
| | | | | | | |
| Diluted earnings per share: | | | ||||
| Net income | | $0.26 | | $0.27 | ||
| | | | | | | |
| Weighted average shares outstanding: | | | ||||
| Basic | | 26,180,801 | | 26,822,725 | ||
| Diluted | | 26,180,801 | | 26,837,725 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.