Envela to Present at the LD Micro Main Event XV Investor Conference on October 26, 2022

Rhea-AI Summary

Envela Corporation (NYSE American: ELA) announced it will present at the LD Micro Main Event XV on October 26, 2022, in Los Angeles. Recognized as a leader in the re-commerce sector, Envela focuses on extending the life of durable goods and enhancing retail, recycling, and reverse-logistics opportunities. Its operations span two main segments: DGSE and ECHG, targeting both B2C and B2B markets. Envela aims to contribute to a sustainable circular economy, benefiting consumers and manufacturers alike.

LOS ANGELES, CA / ACCESSWIRE / October 19, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, announced that its management team will deliver a corporate presentation at the LD Micro Main Event XV on October 26, 2022 in Los Angeles.

About LD Micro

LD Micro aims to be the most crucial resource in the micro-cap world. Whether it is the index, comprehensive data, or hosting the most significant events on an annual basis, LD's sole mission is to serve as an invaluable asset for all those interested in finding the next generation of great companies. Additional information is available at LD Micro.

About Envela

Envela is the North American re-commerce leader, enabling a better world via the circular economy. It empowers buyers and sellers to extend the useful life of specialty and durable goods, and to seize retail, recycling, and reverse-logistics supply-chain opportunities. This financially benefits consumers and manufacturers alike. Envela operates primarily via two re-commerce business segments, DGSE and ECHG. DGSE (Envela's B2C portfolio) operates retail stores and online sites offering luxury hard assets and precious metals, including gold, silver, and diamonds. ECHG (Envela's B2B portfolio) re-commercializes consumer electronics and IT equipment, and also 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. Holdings in all of Envela's business units have recognized multiple years of growth.

At Envela we Reuse, Recycle, and Reimagine. To learn more, visit Envela.com and follow us on Twitter, Instagram, Facebook and LinkedIn.

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

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FAQ

What date will Envela Corporation present at the LD Micro Main Event XV?

Envela Corporation will present at the LD Micro Main Event XV on October 26, 2022.

What is the focus of Envela Corporation's business?

Envela Corporation focuses on the re-commerce business, enabling a circular economy by extending the life of durable goods.

What are the main business segments of Envela Corporation?

Envela Corporation operates mainly through two segments: DGSE, which focuses on B2C retailing of luxury assets, and ECHG, which targets B2B re-commerce and recycling services.

What is the significance of the LD Micro event for micro-cap companies?

The LD Micro event serves as a crucial resource for micro-cap companies, offering networking and growth opportunities in the investment community.

How does Envela Corporation benefit consumers and manufacturers?

Envela Corporation benefits consumers and manufacturers by creating opportunities in retail, recycling, and reverse-logistics, thus promoting sustainability.