Envela Corporation (ELA) financial statements (2022 and earlier)

Company profile

Business Address 1901 GATEWAY DRIVE
IRVING, TX 75038
State of Incorp. NV
Fiscal Year End December 31
SIC 5944 - Jewelry Stores (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,1388,3238,1318,3979,2187,269
Cash and cash equivalents10,1388,3238,1318,3979,2187,269
Receivables7,1675,6787,4993,3082,8474,659
Inventory, net of allowances, customer advances and progress billings14,04812,65412,58711,63010,00710,618
Inventory14,04812,65412,58711,63010,00710,618
Prepaid expense4391,171454858282328
Other current assets970     
Other undisclosed current assets1,6051,1059631,0581,1571,174
Total current assets:34,36728,93129,63425,25123,51024,048
Noncurrent Assets
Operating lease, right-of-use asset5,6924,0843,1253,3453,5233,815
Property, plant and equipment9,8069,6477,1846,9856,8892,999
Long-term investments and receivables   2,100 1,500
Accounts and financing receivable, after allowance for credit loss   2,100 1,500
Intangible assets, net (including goodwill), including:9,1655,9506,0504,2592,9924,457
Goodwill6,1403,2593,2591,3671,3671,367
Intangible assets, net (excluding goodwill)3,0242,6912,7922,8922,9923,090
Other undisclosed intangible assets, net (including goodwill)    (1,367) 
Other noncurrent assets238615344298198300
Other undisclosed noncurrent assets    3,467 
Total noncurrent assets:24,90120,29616,70216,98617,06913,070
TOTAL ASSETS:59,26749,22746,33642,23740,57937,118
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,2782,9324,4062,1152,4793,391
Accounts payable2,4881,6833,6121,1921,5112,553
Accrued liabilities1,7891,249793922844838
Employee-related liabilities    11 
Taxes payable    113 
Debt2,7665502,1482,1372,1202,022
Due to related parties 320316311307302
Other liabilities1,179941770690429189
Other undisclosed current liabilities1,574773646744717830
Total current liabilities:9,7975,5168,2865,9956,0536,734
Noncurrent Liabilities
Long-term debt and lease obligation15,9704,2403,2693,4903,6543,941
Long-term debt, excluding current maturities15,970     
Operating lease, liability 4,2403,2693,4903,6543,941
Liabilities, other than long-term debt 8,8218,8998,9779,0539,128
Due to related parties 8,8218,8998,9779,0539,128
Other undisclosed noncurrent liabilities5,8735,8054,1424,1884,2411,396
Total noncurrent liabilities:21,84318,86516,31016,65516,94814,465
Total liabilities:31,64024,38124,59622,65123,00121,199
Stockholders' equity
Stockholders' equity attributable to parent27,62724,84621,74019,58717,57815,919
Preferred stock269     
Common stock 269269269269269
Additional paid in capital40,17340,17340,17340,17340,17340,173
Accumulated deficit(12,815)(15,596)(18,702)(20,856)(22,864)(24,523)
Total stockholders' equity:27,62724,84621,74019,58717,57815,919
TOTAL LIABILITIES AND EQUITY:59,26749,22746,33642,23740,57937,118

Income statement (P&L) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Revenues44,07137,68133,72425,49028,73638,811
Cost of revenue53,629(29,571)(26,596)(19,186)(79,002)(4,049)
Cost of goods and services sold (29,571)(26,596)(19,186) (31,647)
Other undisclosed gross profit(88,021)   56,399(27,598)
Gross profit:9,6798,1107,1286,3046,1337,163
Operating expenses(6,872)(5,447)(5,047)(4,358)(4,970)(3,870)
Other undisclosed operating income (loss)    539(180)
Operating income:2,8072,6632,0801,9461,7023,114
Nonoperating income
(Other Nonoperating income)
  28327218627
Interest and debt expense(1,827)1,479(178) (175)(156)
Other undisclosed loss from continuing operations before equity method investments, income taxes(299)     
Income from continuing operations before equity method investments, income taxes:6814,1432,1862,2181,7132,985
Other undisclosed income (loss) from continuing operations before income taxes2,123(1,010) (179)  
Income from continuing operations before income taxes:2,8043,1332,1862,0391,7132,985
Income tax expense(23)(26)(33)(31)(54)(0)
Net income available to common stockholders, diluted:2,7813,1062,1532,0081,6592,985

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Net income:2,7813,1062,1532,0081,6592,985
Comprehensive income, net of tax, attributable to parent:2,7813,1062,1532,0081,6592,985

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: