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Envela to Announce Fourth Quarter and Fiscal Year 2021 Financial Results on Wednesday, March 16, 2022

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Envela Corporation (NYSE American: ELA) will report its fourth quarter and fiscal year 2021 financial results on March 16, 2022, after market close. As a leader in the re-commerce sector, Envela focuses on extending the useful life of specialty goods and promoting a circular economy. Its operations span retail and online platforms, featuring luxury hard assets and consumer electronics. The company has experienced multiple years of growth, reflecting its strong market position. Investors are advised to consider the inherent risks highlighted in their periodic SEC filings.

Positive
  • Established leadership in the re-commerce business.
  • Multiple years of recognized growth in various business segments.
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  • None.

DALLAS, TX / ACCESSWIRE / March 9, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, announced that it plans to report its financial results for the fourth quarter and fiscal year 2021 after the market close on Wednesday, March 16, 2022.

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About Envela
Envela is the North American leader in the "re-commerce" business enabling a better world via the circular economy; empowering both buyers and sellers to extend the useful life of specialty and durable goods and to seize retail, recycling and reverse logistics opportunities in the supply chain; and ultimately enriching consumers and manufacturers alike. Envela operates primarily via two re-commerce business segments DGSE and ECHG. Envela's B2C portfolio ("DGSE") includes retail stores and online sites offering luxury hard assets and precious metals including gold, silver and diamonds. Envela's B2B portfolio ("ECHG") both re- commercializes consumer electronics and IT equipment as well as provides end-of-life recycling services for products in a variety of industries. Envela conducts its re-commerce operations at retail and wholesale levels, through distributors, resellers, dedicated stores and online. The holdings in all of Envela's business units have recognized multiple years of growth. Envela is a Nevada corporation, headquartered in Irving, Texas.

Additional information about Envela is available at its investor-relations site, Envela.com.

Forward-Looking Statements
This press release includes statements that may constitute "forward-looking" statements, including statements regarding the potential future success of business lines and strategies. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, market conditions and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. 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:
Investor Relations
1901 Gateway Drive | Irving, TX 75038
investorrelations@envela.com

SOURCE: Envela Corporation



View source version on accesswire.com:
https://www.accesswire.com/692163/Envela-to-Announce-Fourth-Quarter-and-Fiscal-Year-2021-Financial-Results-on-Wednesday-March-16-2022

FAQ

When will Envela report its fourth quarter financial results?

Envela will report its fourth quarter and fiscal year 2021 financial results on March 16, 2022.

What is Envela's stock symbol?

Envela's stock symbol is ELA, traded on NYSE American.

What does Envela Corporation do?

Envela is a leader in the re-commerce business, focusing on extending the useful life of goods and enabling a circular economy.

What are the risks associated with Envela's business outlook?

Risks include market conditions and uncertainties that could affect actual results, as detailed in the company's SEC filings.

Envela Corporation

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Luxury Goods
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